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Data

Advisor360 CEO: AI resets trust in wealth software

New chief says data integration, not feature counts, will decide platform competition.

InvestmentNews reports that Milind Mehere, who became Advisor360's CEO in June after roughly two and a half years on its board, described AI as resetting 'how software itself is built and potentially how work gets done.' Mehere, who built Yodle and co-founded Yieldstreet, argued the competitive question in wealth tech has shifted from feature counts to which platform best understands the client. He cited Advisor360's unified data fabric, connected to eMoney and a spring partnership with Conquest Planning, as the basis for a 'trust fabric' that reduces AI hallucination. Mehere also said 2025 was 'the year of the note taker' and that the industry is moving toward agentic tools, pointing to Advisor360's January 2025 acquisition of Parrot AI. He stressed that human judgment remains central.

Why it matters

The CEO's comments reflect a growing emphasis on data integration and AI reliability in advisor platforms. Advisors and RIAs evaluating software may increasingly need to test not just features but how platforms aggregate client data and manage AI errors. Because this is a vendor viewpoint, the claims are not independently verified.

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