Dispatch, a data infrastructure platform for the wealth industry, has appointed Patrick Dunne as head of wealth and asset management. He joins from Hightower Advisors, where he was chief operating officer. Dunne has more than 25 years of experience in wealth management and financial services. He will advise customers on modernising technology, streamlining workflows, and using AI, and will help shape Dispatch's product roadmap. Earlier, Dunne held leadership roles at Jordan Park and LendingClub, and spent much of his career at BlackRock. Dispatch says it has helped customers transition more than $20 billion in client assets. Assets managed by customers on its platform have grown from about $900 billion to more than $9 trillion over the past year.

Dispatch, a data orchestration platform for wealth management firms, has launched Advisor Transitions, a software solution designed to move advisors, client accounts and assets between firms. The product becomes the fourth core workflow on Dispatch's platform alongside account opening, client onboarding and real-time data synchronisation. The launch addresses rising demand as the wealth management industry experiences unprecedented advisor movement. Transitions uses AI to ingest, standardise and reconcile client data across custodians, CRMs and financial planning tools, generating accurate forms and opening accounts across multiple custodians simultaneously. Firms using Dispatch report fourfold faster transition timelines, reducing complex household onboarding from five hours to 30 minutes and cutting error rates by 90%. Sanctuary Wealth recently moved over $200 million in client assets in under two weeks using the platform.