Fintech firm AdvicePay has named Alex Sauickie its new CEO, succeeding Alan Moore, the company's co-founder and owner, who announced earlier this year that he was transitioning to become executive chairman of the board.
Michael Kitces will continue to support the company in his current roles as co-founder and owner.
AdvicePay's platform is used for processing payments and overseeing compliance of fee-for-service financial planning.
Sauickie's appointment follows an extensive search that AdvicePay said was conducted by its board and leadership team.
"His selection reflects the board's desire to shape a strategy to lead AdvicePay through its next phase of growth as it continues to be the fee-for-service platform of choice for large financial institutions, their advisors, and their clients," the company said in a news release.
Sauickie brings "decades of experience in leading and scaling financial technology organizations in support" of registered investment advisors, broker-dealers and large financial institutions, according to AdvicePay.
He is also an assemblyman in the New Jersey Legislature, representing the 12th District as a Republican, an office he has held since 2022.
