The Ivrea-Verbano Zone (IVZ) in the westernmost sector of the Southern Alps is an iconic upper mantle to lower continental crust sequence of the Adriatic Plate and provides a geological window into the tectono-magmatic events that occurred at the Gondwana–Laurussia boundary from Late Paleozoic to Early Mesozoic. In this work, we document new geochemical and Nd-Sr-Hf-Pb isotopic data for Early Mesozoic alkali-rich dyke swarms which intruded the Finero Phlogopite Peridotite (northern IVZ) to provide geological constraints on the nature, origin and evolution of Early Mesozoic magmatism in the Southern Alps. The studied dykes are amphibole-phlogopite-bearing and show geochemical features varying between two end-member groups. A dyke group is characterized by HFSE-poor, Al-rich amphibole (Al2O3 up to 16 wt%) with high LILE and LREE contents, high radiogenic 87Sr/86Sr(i) (0.704732 to 0.704934) and low radiogenic Nd isotopes (εNd(i) from –0.1 to –0.7), which support the occurrence of significant amounts of recycled continental crust components in the parental mantle melts and impart an overall “orogenic-like” affinity. This dyke group was largely derived from metasomatized lithospheric mantle sources. The second group is HFSE-rich with Al-poorer amphibole enriched in LILE and LREE, low radiogenic 87Sr/86Sr(i) (0.703761–0.704103) and higher radiogenic Nd isotopes (εNd(i) from +3.4 to +5.4) pointing to an “anorogenic” alkaline affinity and asthenospheric to deep lithospheric mantle sources. Some dykes show both orogenic and anorogenic affinities, providing evidence that the orogenic-like magmatism in the IVZ predates the alkaline anorogenic magmatism. The Finero dyke swarms therefore record a geochemical change of the Early Mesozoic magmatism of the Southern Alps from orogenic-like magmatism, typical of post-collisional settings, to anorogenic alkaline magmatism, common in intraplate to extensional settings, and places a temporal correlation of Early Mesozoic magmatism in the IVZ to those in the eastern and central sectors of the Southern Alps.