What You Need to Know
- XY Planning Network continues to grow and now serves nearly 1,400 fee-for-service advisors.
- Stephanie Foster and Lisa Bukowitz each had executive roles at several tech firms before joining XYPN.
- Thomas Kerney has been promoted from compliance consultant to senior director at subsidiary XY Investment Solutions.
XY Planning Network recently made two new executive hires, naming Stephanie Foster as its chief administrative officer, while Lisa Bukowitz was named chief marketing officer. Both are new roles at XYPN.
Meanwhile, Thomas Kerney was promoted from compliance consultant to senior director at XY Investment Solutions, a wholly owned XYPN subsidiary that provides investment solutions for XYPN’s advisor community.
The new executives “will play critical roles as XYPN continues to grow as the go-to network for independent financial advisors who are launching, running, and scaling fee-for-service financial planning firms that serve next-gen clients,” it said in announcing the new hires and promotion.
XYPN’s financial planning platform has continued to grow since it was created in 2014 and now serves almost 1,400 fee-for-service advisors.
Prior to joining XYPN, Foster was head of regional product management, Americas at fintech firm Finastra. She will “leverage her experience leading global cross-functional teams, implementing repeatable organizational processes, and driving innovative solutions to guide XYPN as the company scales its team over the next few years,” XYPN said.
Foster will “have the unique opportunity to oversee XYPN’s finances while leading daily operations and spearheading our data analytics through our next phase of growth,” she said in a statement.