A new chief executive is taking over at a firm that is leaning into how AI is changing the business models of wealth management.

Wealthtech firm Advisor360° has appointed Milind Mehere as CEO, taking over from Mike Fanning, who came out of retirement to guide the firm through a transition.

Mehere co-founded Yodle, an ad-technology platform, and scaled it to more than $200 million in revenue and 1,400 employees before its $342 million acquisition by Web.com in 2016. He then founded and was the CEO of YieldStreet (now WillowWealth), a private-market investing platform, for nine years. Most recently, Mehere founded AutonomyFinance.ai, an AI-native platform building an intelligence layer for financial advisors.

“Advisor360° has built what most companies are still trying to assemble: scaled enterprise software, a connected data model, deep advisor workflows, and a profitable business serving nearly two million households and 10,000 advisors. That’s a powerful foundation for building applied AI in wealth management,” Mehere said. “We’re at an inflection point for how AI reshapes advice, advisory productivity, and firm growth.”

Advisor360° calls itself “the Autonomous Financial Platform™” for advisors. In March 2025, Advisor360° issued a report stating that financial advisors are embracing generative AI to make their business more efficient. The firm, in its 2025 Connected Wealth Report, surveyed 300 US-based financial advisors at enterprise wealth management firms to better understand their views on technology and its impact on their work. There is a “clear shift” in advisors’ attitudes toward AI and Gen AI compared with the previous 12 months. In 2024, the firm said 83 per cent of advisors moving firms in the past three years are pleased they did so.

Our US correspondent attended the T3 Technology Conference in March to take the temperature around wealth management and its adoption of AI. See his report here.