October has seen significant leadership changes at financial institutions worldwide, with several key hires and departures occurring throughout the month.
Here, we highlight five of the top movers and shakers stories in October, featuring TransUnion, Augmentum Fintech, Qonto, and more.
FusionIQ hires Eric Noll as new CEO upon completion of “significant new fundraising round”
FusionIQ has announced Eric Noll as its new CEO and chairman to lead the expansion of its cloud-based wealth management solutions with a freshly closed round of funding.
The securities industry veteran joins FusionIQ, headquartered in Woburn, Massachusetts, from Stone Ridge Capital Partners, where he has served as CEO since 2019.
Noll succeeds the position from Mark Healy, who stepped down as FusionIQ CEO in September after a four-year tenure.
His leadership of the board will be joined by Gideon Strategic Partners’ Erik Oros, Timothy Powers of OakRidge Management Group, and iAltA chief Scott Ganeles as directors.
In comments, Noll says he will work to expand the company’s FusionIQ One platform “across multiple industry channels”.
Launched in June 2023, the platform is designed to enhance investment management for credit unions, banks, RIAs and Independent Broker Dealers through data analytics and machine learning.
The offering comprises four “pay-as-you-grow” modules: hybrid digital advice, self-directed investing, digital model marketplace and finTAMP.
According to the company’s statement, the offering’s proposed expansion will prioritise “both organic growth and potential acquisitions”.
The statement adds that Noll’s hiring followed the “successful completion of a significant new fundraising round”. However, further details of the transaction have not been disclosed.
