Carey brings more than two decades of fintech
experience in wealth management and banking, servicing individuals
and their trusted advisors
TRUMBULL, Conn., June 24,
2024 /PRNewswire/ -- Aquilance, a leading provider of
financial administration services for high-net-worth families,
individuals, and family offices, has announced the appointment of
John Carey as CEO. Previously the
Head of Consumer Experiences for Envestnet, Carey has built a
successful career creating digital technology solutions that
enhance the wealth management and financial administration
industry. Expanding the already strong proprietary technology
solutions offered by Aquilance, while maintaining the firm's
commitment to white-glove service, will be a priority under his
leadership.
Carey joined Envestnet through an acquisition in 2021 and was
previously the GM of Wealth Management for Harvest Savings &
Wealth Technologies. Prior to this, he served as the Private
Banking Lead for Accenture, and Chief Operating Officer for
FolioDynamix. Leveraging this expertise in technology and
operations will be critical for scaling Aquilance's existing
infrastructure, providing more solutions for a wider segment of HNW
families and individuals.
"I am incredibly excited to join Aquilance and play a role in
expanding the excellent services we offer," noted John Carey. "The track record for client
retention is impressive and once clients experience our services,
we quickly become a trusted provider for them. I see significant
opportunities to scale the proprietary technology our team has
built, while enhancing the services we offer. I'm honored to lead
Aquilance into this next chapter."
Jamie McLaughlin, partner and
advisor to Aquilance, shares "it was clear from very early on that
John has the right experience to make Aquilance what it could be.
He understands that using technology to harness information for
complex wealthy families and their advisors is the next wealth
management frontier. I look forward to what John will be able to
achieve."
Aquilance was founded in 1987 as an outsourced bill pay and
accounting firm (under the name My Accountant) but rebranded in
2021. The shift reflected the firm's expansion into a much larger,
more holistic set of services. Some clients have been with the firm
for as long as 30 years and have come to rely on Aquilance for
solutions such as personal bookkeeping and bill pay, consolidated
accounting across multi-entity family structures and investment
partnerships, performance reporting, and much more. Outsourcing
these services provides unparalleled peace of mind and productivity
for HNW families and family offices.
"I'm honored John has joined us. I think he is exactly the right
fit for the future of the company and our ability to continue
delivering a great experience to our clients," noted Joe Farren, President of Aquilance. "My father
founded this company and I have been fortunate to carry the torch
through its recent history. I look forward to working closely with
John in the months and years ahead and am thrilled to embark on a
new stage of growth."
To learn more about Aquilance or make an appointment to speak
with us personally, please visit www.Aquilance.com.
About Aquilance
Aquilance was founded in 1987 to
address the complex financial administration needs of families and
individuals of wealth. Currently serving hundreds of families,
Aquilance provides a diverse suite of services which includes
personal bookkeeping and bill pay, consolidated accounting across
multi-entity family structures and complex investment partnerships,
performance reporting, ILIT administration and much more. The
firm's mission of over thirty years continues to be enriching
quality of life for families by eliminating time spent on managing
complex finances, and empowering effective decision making and
legacy planning by delivering timely and accurate reports to
clients and their advisors.
Media Contact:
Ryan
Walker
R.J. Walker & Co.
ryan@rjwalkerco.com
View original
content:https://www.prnewswire.com/news-releases/aquilance-appoints-john-carey-as-new-ceo-302179495.html
SOURCE Aquilance