Cornerstone Advisors Appoints Andrea Lipo Chief Information Officer

Scottsdale, Ariz., November 3, 2022 – In a key executive development, Cornerstone Advisors announced today that Andrea Lipo has been named chief information officer for the firm.

Since joining Cornerstone in 2015, Lipo built an internal I.T./operations support team from one generalist to 12 people across the functions of office management, desktop management, project management, enterprise development, business intelligence and analytics, and security.

“Andrea’s contributions to the firm and her unwavering professionalism embody our values,” said Cornerstone Advisors Chief Executive Officer Scott Sommer. “This promotion is a clear reflection of her exceptional work, leadership, vision, and dedication not just to the company as a whole, but to every single person on the team.”

Among her many accomplishments, Lipo served as I.T. lead on two company acquisitions and has provided end-to-end oversight on two major corporate expansions. She implemented Cornerstone’s first customer relationship/work management system and established a digital workplace strategy for companywide communication and collaboration.

“I’m honored by this demonstration of trust,” Lipo said. “The comprehensive use of data and analytics has always been a big part of Cornerstone’s identity, and it gives me tremendous satisfaction to prioritize helping this firm leverage data as a valuable company asset.”

Cornerstone Advisors, a management and technology consulting firm, brings innovative insights and strategic execution to banks, credit unions, and fintechs, helping them reach the next level of performance. For more information, visit crnrstone.com.