AlphaTrAI hires fintech innovator as its new president

investmentnews.com:

AlphaTrAI has announced a new president to help drive growth in its AI consulting and solutions business for the wealth and asset management industry.

Fintech innovator John Sweeney has over three decades of business, leadership, investment management, and digital assets experience, most recently as founder and managing partner of Momentum Capital Partners, providing consulting and advisory services to global financial services firms, FinTech start-ups and private equity firms.   

Sweeney was previously chief operating officer at Osprey Funds, known for its digital asset products, including NFTs. Before that he was with fintech unicorn Figure Technologies as head of wealth and asset management.

He started his career with more traditional investment products though, heading up various divisions of Fidelity Investments during a 19-year tenure, including a team that developed the firm’s first exchange-traded fund, separately managed accounts and unified managed accounts.

“John’s deep expertise in technology, broad competencies in the wealth management space and understanding of the challenges and opportunities of entrepreneurship and consulting make him the perfect addition to our team,” said AlphaTrAI CEO and chairman Bill Dwyer, who recently joined the firm after having been a key player in LPL Financial’s success. “As the wealth and asset management industry sees the expanding value that AI, blockchain and other technologies bring to the table, having a leader so well-versed in these areas is a true differentiator for us. John’s a guy who has done it all and, frankly, he had his pick of options. That he chose to come work with us speaks to the value proposition we’re offering, the team we’re building and the results