AdvicePay Names New CEO

Most recently, Sauickie was global head of wealth and retirement services at FIS, and, before that, served as president and CEO of CircleBlack, after roles as president and COO of Scivantage, with leadership roles and payment experience at Paytrust and Billtrust.

“Sauickie is known for a track record of exceptional results, driving revenue growth, fostering strong enterprise relationships, and leading successful strategic initiatives in support of advisors and enterprise institutions,” AdvicePay said.

Under Moore’s leadership as CEO over the past two years, AdvicePay has seen a 123% increase in advisors added to the platform, 153% growth in transaction volume and a 141% increase in annual recurring revenue, according to the company.

“Advisors can’t engage in new fee models to expand the reach of financial planning unless they can execute their billing efficiently to ensure they’re getting paid for their advice,” Kitces said.

“AdvicePay is at the center of the industry’s shift to alternative fee-for-service financial planning models beyond assets under management,” he said in a statement, adding: “The Board and I are confident that Alex is the right person to build on this accelerating momentum.”

Pictured: Alex Sauickie