‍Vise, the AI-powered technology platform that delivers personalized portfolios at scale, today announced the appointment of Nick Raffone as Chief Financial Officer. The announcement comes as Vise’s platform assets surpass $15 billion–a 1500% increase year-over-year, fueling the next phase of growth and innovation for the company.

Raffone brings over a decade of financial experience in investment banking and asset management to help guide Vise through the private equity-driven transformation reshaping the wealth management industry.

Raffone's extensive private equity background with deep experience in structured finance and mergers and acquisitions uniquely positions him to propel Vise through this transformative period for the RIA industry. He previously served as Managing Director at New Fortress Energy, an infrastructure-focused permanent capital vehicle backed by Fortress Investment Group, following earlier experience in investment banking at Goldman Sachs.

As CFO, Raffone will oversee Vise's finance, accounting, treasury, and investor relations functions while playing a pivotal role in shaping corporate strategy and capital formation. His private equity know-how will be instrumental as Vise expands its offerings, particularly in alternatives, and explores new growth opportunities amid rising demand for sophisticated technology solutions among advisors.

Runik Mehrotra, Co-Founder and Co-CEO of Vise, emphasized the strategic importance of the appointment: "Nick's background bridges two worlds that are increasingly converging, private equity and wealth management. His deep understanding of the RIA world combined with his expertise in how PE-backed firms scale and deploy capital will be invaluable as we develop solutions tailored to the emerging Enterprise RIA model. He understands the structural transformation happening in wealth management at a fundamental level."

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