Former senior leader at UBS, PrudentialFinancial, and Dreyfus Corporation to lead sales organization at leading private foundation services firm.
FAIRFIELD, CT—June 6, 2016—Foundation Source, a company that establishes and provides comprehensive management and advisory services for private foundations, today announced that Joseph M. Fuschillo has been appointed Chief Distribution Officer for the company. He assumes his responsibilities immediately and is charged with growing the Company’s market share and revenue in the philanthropic services sector.
With over 30 years of experience in the financial services industry, Mr. Fuschillo brings experience in building, coaching, and mentoring high-performing sales teams at UBS, Prudential Financial, and Dreyfus Corporation. He will build upon Foundation Source’s existing channels of business while developing new ones.
“Mr. Fuschillo brings an incredible depth and breadth of experience to Foundation Source,” says CEO Susan Friedlander Calzone. “Throughout his career he has worked extensively with high-net-worth and ultra-high-net-worth investors. He has been responsible for creating and delivering programs for wealth management and financial advisor education, and for developing and implementing national field sales, inside sales, and marketing strategies. His leadership and industry knowledge are welcome assets in our ongoing mission to scale and grow our business.”
Prior to joining Foundation Source, Mr. Fuschillo was Managing Partner of Devereux Advisors, a consultancy focused on developing intermediary distribution strategy for investment managers and education for wealth management organizations. Previously, Mr. Fuschillo built success in client-facing, sales management, and senior leadership positions with UBS, Prudential Financial, and Dreyfus Corporation. He was Executive Vice President with BNY/Dreyfus and head of distribution at Prudential Annuities. Mr. Fuschillo spent a significant portion of his career at UBS Financial Services and joined predecessor firm PaineWebber as head of investment management research.
Mr. Fuschillo earned a B.S. in Finance from St. John’s University, an M.B.A. from Adelphi University, and currently holds the Certified Investment Management Analyst (CIMA) designation from the Wharton School. He and his family live in Garden City, NY.
About Foundation Source (www.foundationsource.com)
Foundation Source is the nation’s largest provider of comprehensive support services for private foundations. The company’s administrative services, online foundation management tools, and philanthropic advisory services provide a complete outsourced solution, including the creation of new foundations. Now in its second decade, Foundation Source provides its services to more than 1,200 family, corporate, and professionally staffed foundations, of all sizes, nationwide. The company works in partnership with wealth management firms, law firms, and accounting firms, as well as directly with individuals and families. Foundation Source is headquartered in Fairfield, Connecticut, with offices in Boston, Chicago, Los Angeles, New York City, Philadelphia, San Francisco, Seattle, and South Florida.