WealthTech Veteran Josh Mayer Joins as APL COO to Advance Industry-Leading Managed Accounts Platform and Further Enable InvestCloud’s Breakthrough Private Markets Account™

InvestCloud, a global leader in wealth technology, today announced the expansion of its APL leadership team with the appointment of Josh Mayer to the newly created role of Chief Operating Officer (“COO”) reporting to APL President Cheryl Nash.

Mr. Mayer will drive strategic expansion and excellence in innovation and service delivery across all of APL’s offerings, including the delivery of the company’s new Private Markets Account™ (PMA) for managing public and private assets from a single, unified managed account on the InvestCloud APL platform. The APL managed accounts platform is the largest in the U.S., powering more than $3 trillion of assets on the platform across nearly 10 million accounts utilizing nearly 4 million investment models.

With more than 25 years of business and WealthTech leadership, Mr. Mayer has a proven track record of building and scaling enterprise platforms, leading business transformation, and architecting complex technology infrastructures. Mr. Mayer was most recently COO of Envestnet, where he played a central role in guiding the company through its IPO and is credited with designing and transforming one of the largest fintech operating environments in the industry.

“The expansion of our leadership team marks a major milestone for the APL business as we continue to shape the future of managed accounts,” said Cheryl Nash, President, APL. “Josh brings deep industry knowledge, expertise, and experience to InvestCloud at a time when we are uniquely positioned to lead a new era of investing. He will play a pivotal role in enabling our clients’ success, including the ability for wealth managers and advisors to seamlessly blend private and public market securities within a single unified portfolio. No other platform is better equipped than APL to deliver this industrialized innovation at scale, and Josh will be a key part of the team driving operational excellence and success for our clients.”

With the recent introduction of InvestCloud’s Private Markets Account and the Private Markets Account™ Network, APL is powering unprecedented access, efficiency, and innovation for private markets, and the first truly connected network to distribute and access private market models.

“APL is a key element of our vision to enable a smarter financial future in wealth technology, and Josh brings added insight and expertise to InvestCloud as we continue to drive innovation across our platform by enabling a seamless experience for private and public investments,” said Jeff Yabuki, Chairman and CEO of InvestCloud. “We are thrilled to welcome Josh to the team.”

Beyond private markets, InvestCloud’s APL business continues to evolve, delivering high-demand features and broadening its reach to serve an expanding client base. The appointment of Mr. Mayer, with his track record in platform scaling and operational transformation, marks an inflection point in APL’s growth and long-term strategy.

“APL is a high-quality data and information governance platform that is uniquely powering innovation,” said Josh Mayer. “I’m energized by the team’s commitment to elevating this time-tested platform as we define and develop the industry standard for private asset management infrastructure. I look forward to building on InvestCloud’s legacy of WealthTech innovation as we enable new opportunities and success for our clients.”

About InvestCloud

InvestCloud, a global leader in wealth technology, aspires to enable a smarter financial future. Driving the digital transformation of the wealth management industry, the company serves a broad array of clients globally, including Wealth and Asset Managers, Wirehouses, Banks, RIAs, and Insurers. In terms of scale, the company’s clients represent more than 40 percent of the $132 trillion of total assets globally. As a leader in delivering personalization and scale across advisory programs, including unified managed accounts (UMA) and separately managed accounts (SMA), the company is committed to the success of its clients. By equipping and enabling advisers and their clients with connected technology, enhanced intelligence, and inspired experiences, InvestCloud delivers leading digital wealth management and financial planning solutions, complemented by a dynamic data warehouse, which scale across the complete wealth continuum. In 2024, InvestCloud introduced the first-of-its-kind Private Markets Account™ and Private Markets Account Network to enable integrated management of public and private markets assets from a single, unified managed account. InvestCloud was also named a CNBC World’s Top Fintech Company in 2024, a proof point of the company’s commitment to innovation and client success. Headquartered in the United States, InvestCloud serves clients around the world.

InvestCloud.com | LinkedIn

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