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Posted on August 04, 2022

Vise lays off sales staff as part of ‘strategy shift’

Vise lays off sales staff as part of ‘strategy shift’

Among those let go was Tyler John, the company’s chief sales officer, according to the source. John was hired in July of last year. The layoffs occurred on Tuesday.

‘Yesterday we made the difficult decision to eliminate a number of roles at Vise,’ CEO Samir Vasavada wrote in a statement to Citywire. ‘We’ve shifted our client strategy to bring us closer to the advisors we serve. That has meant investing in a smaller sales team whose sole focus is to help advisors serve their clients better. We’re confident this was the right decision for our business.’