Tiburon Strategic Advisors, a market research & strategy consulting firm serving a wide variety of financial institutions and investment managers, hosts a series of client-only CEO conferences called the Tiburon CEO Summits. Tiburon CEO Summit XVII was held this week in San Francisco, CA. Over 100 senior industry executives took two days out of their busy schedules to participate. Tiburon Managing Principal Chip Roame opened CEO Summit XVII by presenting a new agenda to attendees. Tiburon CEO Summit XVII Attendee Statistics, Meet thy Neighbor, & Brief Introductions Mr. Roame outlined Tiburon CEO Summits' past & current attendee statistics, encouraged the audience to meet one another, & proceeded with brief introductions for the remainder of CEO Summit XVII. The Tiburon CEO Summits vision has not changed since CEO Summit I in 2001 Tiburon CEO Summit XVII had 112 confirmed attendees, all Tiburon clients, all c-level executives & executive vice presidents, which amounted to the firm's biggest ever West coast group & right in its target zone Tiburon CEO Summit meet thy neighbor tradition returned to CEO Summit XVII, allowing attendees the opportunity to meet & greet right out of the gate Tiburon CEO Summit XVII client attendees were less so first time attendees due to the return to the West coast but that slant was offset by Tiburon’s growing client base Tiburon CEO Summit XVII client attendees are increasingly from markets & distribution companies from CEO Summit XIII, with slight decreases continuing in both product & service companies and financial advisors Tiburon CEO Summit XVII client attendees were increasingly from large companies due to industry mergers and a tightening of the client definition Tiburon CEO Summit XVII tied its record for female attendance Tiburon CEO Summit XVII included nine guest speakers, including Jim Weddle (Managing Partner, Edward Jones & Company), Jon Baum (CEO, The Dreyfus Corporation), John Calamos (CEO, Calamos Asset Management), Pete Kight (Vice Chairman, Fiserv), Steve Wallman (CEO, Foliofn), Andrew Rudd (CEO, Advisor Software), Fred Jonske (CEO, M Financial Group), Steve Lockshin (CEO, Convergent Wealth Advisors), & Deena Katz (Chairman, Evensky & Katz and Associate Professor, Texas Tech University) Tiburon CEO Summit XVII included its inaugural CEO Summit award recipients, including Ken Fisher (CEO, Fisher Investments) and Charles Schwab (Chairman, The Charles Schwab Corporation) Two Important Tiburon Side Notes ... Tiburon Strategic Advisors Tiburon delivers research reports, market seminars, custom market research & strategy consulting projects, & advisory board roles Tiburon is seeking specific personnel to exploit its considerable industry content & client needs, including a chief consulting officer or entrepreneurial consulting team, associate principals, & mid-level employees Tiburon CEO Summit XVIII Tiburon CEO Summit XVIII will take place on April 14-15, 2010 at the Ritz Carlton Battery Park Hotel in New York, NY with guest speakers to include Ed Bernard (T.Rowe Price), Abby Cohen (Goldman Sachs Group), Steve Forbes (Forbes Media), Jim McCool (The Charles Schwab Corporation), Eric Schwartz (Cambridge Investment Research), Jonathan Steinberg (Wisdom Tree), David Tittsworth (Investment Advisor Association), & Fred Tomczyk (TD Ameritrade) Tiburon CEO Summit XVII Agenda Highlights & Guest Speaker Introductions Tiburon CEO Summit XVII Award Recipients Ken Fisher (Challenging Conventional Wisdom) Proud junker (plus web-based advertising, infomercials, & radio) Specialization of labor Centralized service Charles Schwab (Maintaining a Focus on Consumer Needs) Products: discount brokerage, mutual fund supermarkets, money management, banking, custodial services, & customized technology Channels: telephone service centers, 300 branches, the web, & specialized service centers Tiburon CEO Summit XVII Guest Speakers Jim Weddle (Edward Jones & Company) Opportunities & challenges for financial services firms Focusing on client service excellence Relying on long-term strategic planning Jon Baum (The Dreyfus Corporation) Crossroads of recovery Implications for asset management industry Distribution success drivers (maintaining client focus & providing needs-based offerings) John Calamos (Calamos Asset Management) Ongoing challenges of today's uncertain economy Increasing importance of risk management Firm transformation - from a convertible securities specialist to an institutional caliber global investment manager Pete Kight (Fiserv Corporation) Digital consumer, digital investor, digital business Focusing on client service excellence Relying on long-term strategic planning Steve Wallman (Foliofn) Too big to fail? Regulation and contagion Innovation versus regulation Next generation regulatory structure Meaningful corporate governance Andrew Rudd (Advisor Software & Barra) Goal-based investing Fred Jonske (M Financial Group) Impact of the financial crisis Serving ultra affluent clients’ financial needs Future of the ultra affluent market Carrier relationships Managing a member owned organization Steve Lockshin (Convergent Wealth Advisors) Implications of the market crash Future of independent financial advisors: small but growing Hedge funds: Dead, taking a breather, or ready to explode Strategic versus tactical asset allocation: introducing strategical Where will the money go… Deena Katz (Evensky & Katz and Texas Tech University) Lack of human capital in the financial industry Lack of educated consumers to participate in the industry Tiburon CEO Summit XVII - Meet the Plaintiffs' Attorneys Panel (Facilitated by Ken Fisher of Fisher Investments) Ryan Bakhtiari (Aidikoff, Uhl, & Bakhtiari) Partner Beverly Hills, CA Boyd Page (Page Perry) Senior Partner Atlanta, GA Scott Shewan (Born, Pape, & Shewan) Partner Clovis, CA Tiburon CEO Summit XVII Break-Out Sessions Unified Managed Households (Facilitated by Mike Gianoni of Fiserv Corporation) Next step beyond models only programs and unifed managed accounts Technology implications Financial Advisor Technology (Facilitated by Viggy Mokkarala of Envestnet) Opportunities presented by large firm transformations Technology as the great equalizer Retirement Income (Facilitated by Tif Joyce of Joyce Financial Management) Savings shortage & retirement income challenges of 76 million baby boomers Impact of lower account balances and lower home pricesngoing challenges of today's uncertain economyFirm transformation - from a convertible securities specialist to an institutional caliber global investment manager Public Relations (Facilitated by Jenn Connelly of JCPR) Digital consumer, digital investor, digital business Focusing on client service excellence Relying on long-term strategic planning Human Capital (Facilitated by Mitch Vigeveno of Turning Point) Attracting & retaining top talent Management talent needed to fully capture the pending economic recovery For information on how to become a Tiburon CEO Summit attendee, please visit the CEO Summits page on Tiburon's web site or contact Sarah Sage at SSage@TiburonAdvisors.Com or 415-789-2540.