Advisor360° Names Milind Mehere CEO
All-in-one advisory platform Advisor360° has announced the appointment of Milind Mehere as chief executive officer.
The fintech entrepreneur, who has served on the company’s board of directors for the last two years, has a long track record of building companies, including, of late, one focused on artificial intelligence.
Mehere succeeds Mike Fanning, the longtime MassMutual chief who came out of retirement two years ago to assume the CEO role. He will remain with the firm as a strategic advisor.
“The next generation of wealthtech will not be defined by who has the most features,” said Mehere. “It will be about who has the best data and can enrich the workflows of the advisors with highly personalized, prioritized client insights at the right time and do so at scale,” he said.
Prior to his arrival, he noted that Advisor360° has been deeply at work building the foundation to deliver on that prediction.
In December, the company announced an artificial intelligence-native platform rewrite, the Advisor360° Wealth Operating System, allowing its deployment to teams or firms of any size to run on a single data foundation and power workflows, which in turn allows for easier integration of an advisory firm’s preferred third-party applications, as well as a foundation for the use of agentic AI.
In January 2025, the company announced the acquisition of Parrot A.I. and its engineering team, which, within a little over a year, had been thoroughly integrated into Advisor360°’s core offerings and rolled out across the platform and to clients, including MassMutual and GWN Securities.
In bringing Mehere into the CEO role, the company sought a founder who had built AI-native financial platforms and who understands how to scale businesses in that space.
“If you look at my background, I’m not someone who was on the job market seeking a CEO role, but I’m excited at the promise of Advisor360°, and I feel strongly that we are skilled, and while we may not be as big as some of the biggest firms, we have great data, a strong balance sheet and are profitable,” he said.
“And if I don’t want to I don’t have to think about the runway—we have enough runway—we are well capitalized … that gives us an edge over the companies, especially startups, that are going to have to raise money every six months,” said Mehere in an attempt to address some of the concerns raised last week regarding LPL moving a significant number of former Commonwealth advisors off Advisor360° and onto its own ClientWorks system later in the year.
He added that, with more than 10,000 advisors on the platform working with almost 2 million households, the company has significant data to help it continue to build new offerings through its connected data model, built on software designed from the start to support large enterprises at scale.
Mehere’s most recent company, AutonomyFinance.ai, which focuses on using AI to automate wealth management, will be taken over entirely by his co-founders as he steps into the new role, he said.
Prior to that, he founded and served as CEO of the private-market investing platform YieldStreet (now WillowWealth) for nine years. That endeavor, he said, grew out of his own frustrations as a younger tech entrepreneur, who, despite his success, had been unable to meet the minimum access requirements to invest in the private markets.
Pre-dating these was his founding of the ad-technology platform Yodle, which grew to more than $200 million in revenue and 1,400 employees, and was later acquired by Web.com for $342 million in 2016.
“This new role blends all my backgrounds together,” he said
“And I’m really looking forward to helping formulate the AI roadmap for Advisor360°, which again, thanks to its wealth of proprietary data, is in an advantageous position to build out truly agentic AI,” said Mehere.
“After all, when we ask, ‘what is AI native, what does it mean?’ the answer is not that it is just a wrapper on an LLM, that’s why so many companies are making big partnerships: they need data,” he said.