Patrick Miller Appointed to Advisory Council of Praxis Solutions, Enhancing AI in Wealth Management

Patrick Miller Joins Praxis Solutions Advisory Council

Praxis Solutions, a pioneering firm in artificial intelligence consulting for the wealth and asset management industries, has made headlines with its recent announcement of Patrick Miller's new position on its Advisory Council. With over 20 years of experience in alternative investments and capital markets, Mr. Miller is set to enhance the firm's strategic initiatives.

Mr. Miller's most recent role was as Founder and Managing Director at StratCap, where he led the firm for an impressive duration of over 15 years. Under his leadership, StratCap saw significant growth in alternative investment strategies and capital formation. His tenure culminated in the successful acquisition of the firm by HMC Capital in 2024, showcasing Miller’s exceptional ability in driving business success through innovative solutions.

Prior to his impactful work at StratCap, Miller held senior positions at notable institutions such as KBS Capital Markets Group, Equitable Distributors, and Fidelity Investments. His ability to blend strategic vision with sales leadership and operational efficiency has consistently delivered results throughout his career.

"We are honored to welcome Pat Miller to our team both as an investor and as an advisor," said Bill Dwyer, Executive Chairman of Praxis Solutions. He expressed confidence that Miller's profound expertise in the alternative investment realm will greatly support Praxis as it expands its Anchor Advisory and AI-driven services.

Miller shared his enthusiasm about joining the Advisory Council, highlighting the importance of AI and advanced technology in transforming operational and investment processes in the industry. He anticipates leveraging his extensive experience in alternatives to amplify the influence and reach of Praxis and Anchor Advisory Services among its clientele of distributors and asset management firms.

In his advisory role, Miller will guide Anchor Advisory Services, a subsidiary of Praxis that specializes in internal distribution support and business development solutions for sponsors and asset managers. His insights into fund structures, capital formation, and advisor engagement will be invaluable to the subsidiary’s mission to implement high-impact distribution strategies driven by technology.

As he embarks on this new journey, Mr. Miller will also focus on optimizing Praxis’ offerings for wealth and asset managers, particularly in critical areas such as due diligence, capital raising, and product distribution. His strategic input is expected to foster growth and efficiency in these sectors, reinforcing Praxis Solutions’ reputation as an innovator in the industry.

Located in Newport Beach, California, Praxis Solutions aims to revolutionize the way wealth and asset managers approach their challenges by combining industry expertise with advanced technology. Their commitment to enhancing operational efficiency and reducing costs positions them as a leader in the sector. For more information on their initiatives, visit www.praxissolutions.com.

In summary, the appointment of Patrick Miller represents a significant step forward for Praxis Solutions as it seeks to leverage AI technology to drive innovation in the wealth and asset management arenas, further solidifying its role as an industry leader.