Media Coverage - 2016-2017

Tiburon executives have been quoted quite extensively throughout the industry and general media. Below is a list and brief synopsis of those articles that the Tiburon staff has been able to locate (Tiburon accepts that there are probably hundreds of other quotes circulating). These short summaries are intended to help prospective Tiburon clients, conference planners, and media representatives understand Tiburon's views on a wide variety of issues throughout the financial services industry. The extensive list of Tiburon quotes has required the use of multiple web site pages. Please click on the links below to view older article summaries.

2016-2017, 2014-2015, 2012-2013, 2010-2011, 2008-2009, 2006-2007, 2004-2005, 2002-2003, 2000-2001, & 1998-1999

Date Publication Article Title & Description
April 6, 2017 RIA Biz

The Ten Takeaways Chip Roame Imparted at His Tiburon CEO Summit in New York City
From the Battery Ritz common space, disembodied text and email recipients appear in human form. Article summarizes hallway conversations from Tiburon CEO Summit XXXII.

April 3, 2017 Mutual Fund Wire

Previewing Tiburon & More in NYC, NICSA in Beantown
Chip Roame and others are gathering fundsters early today in New York City.  Article summarizes upcoming Tiburon CEO Summit XXXII.

March 22, 2017 RIA Biz

Morningstar Offers a Bogle-Like Rationale Damning Third-Party Mutual Fund Wrappers as an Extravagance in $7 Billion Managed Portfolios Product
Active management is as much a commodity as passive management and using one brand for both products and the services that blesses or curses them is viable, too. Article quotes Tiburon saying that while the illusion may cause concern, Morningstar has long been a picker of mutual funds.

March 6, 2017 InsuranceNewsNet

Breakaways Brought $142 Billion to Independent Channel in 2015
Brokers, financial advisors, and teams fleeing to the independent distribution channel brought $142 billion in assets in 2015. Article summarizes recent Tiburon Research Call on break-away brokers.

January 7, 2017 Wealth Management.Com

Millennials, Women, & China are Disrupting the Wine Industry
The wine industry, much like the financial services industry, is being disrupted by demographic shifts. Article summarizes recent Tiburon Research Call on wine industry investments.

November 30, 2016 The Trust Advisor

Popularity, Efficiency, & Untapped Markets will Help the ETF Space Expand
The ETF industry has grown substantially already, but it is poised for even more expansion thanks to several factors that make them appealing to everyone. Article summarizes recent Tiburon Research Call on exchange traded funds (ETFs).

November 23, 2016 Wealth Management

The Beginning of the End of Hedge Funds?
Two-thirds of hedge funds fail within three years of launch. The ones that remain are expensive, opaque, and have spotty performance.  Are HNW investors wising up the hedge fund folly? Article summarizes recent Tiburon Research call on Hedge Funds & Liquid Alternatives.

October 13, 2016 RIA Biz

Tiburon CEO Summit Goes High as Talk Turns to FANG Factor on Days One and Two
The once dismissed prospect that Facebook, Amazon, and Google could enter wealth management was back on the front burner as advice business chiefs gather and Google contributes to a panel. Article summarizes Tiburon CEO Summit XXXI from the perspective of a journalist in the hotel lobby.

October 3, 2016 Financial Planning Magazine

The Hard Truth About the Rise of Robo Advisors
Robo advisors are here to stay but some human advisors may not be. Article summarizes recent Tiburon research call on online advice firms.

September 27, 2016 Financial Planning Magazine

A Drastic Pivot for Motif as it Sees Big Changes in Advisory Trends
To capitalize on rapidly changing client demands and capture a new generation of investors, Motif Investing CEO Hardeep Walia says the industry has to develop a new model for investing and wealth management. Article quotes Tiburon saying that new pricing model plus thematic investing may catch on.

September 9, 2016 RIA Biz

How Joe Mansueto's CEO Hand-Off to Kunal Kapoor Could be More than a Succession Play for Morningstar
The Morningstar CEO, 60, still owns 56% of the Chicago data firm's stock and his plan to read more books needs to be examined in that light. Article quotes Tiburon saying that Morningstar has had a series of innovations with a clear firm mission.

September 8, 2016 InsuranceNewsNet.Com

Financial Advisors M&A Balloon Amid Regulatory Burdens
Year-over-year mergers and acquisitions involving financial advisors of all types could double to 1,000 or more deals in 2016 as principals retire or decide that they have had enough of burdensome regulations. Article summarizes recent Tiburon research call on financial advisor succession planning & acquisitions.

September 3, 2016 Crain's Chicago Business

Why State Farm is Pulling the Plug on Investment Sales
A new federal rule aimed at ensuring Americans get unbiased counsel from financial advisors on their retirement savings is prompting a dramatic reaction from State Farm. Article quotes Tiburon saying that the Department of Labor fiduciary standard rule make such sales more problematic.

September 2016 InsuranceNewsNet Magazine

Companies Cutting Commissions From New Fixed Index Annuities
Here is a signal that there is still plenty of room for growth for annuity sales in the registered investment advisor channel. Article quotes Tiburon saying that it is not convinced that the average or median RIA is growing even though the industry is growing quickly.

August 22, 2016 ThinkAdvisor

Focus Financial Files for Confidential IPO
Focus would be the first financial aggregator to do so, ahead of HighTower, which pulled back from going public. Article quotes Tiburon saying that more firms are likely to try to aggregate RIAs.

July 28, 2016 WealthManagement.Com

Fee-Based, Discount Brokerage & Online Channels to Grow
The fee-based advisor, discount brokerage & online advice channels will grow their market share over the next few years, says a research report by Tiburon Strategic Advisors. Article summarizes Tiburon research call on financial advisor channels.

July 15, 2016 InsuranceNewsNet

Discount, Online Brokers Primed for Growth, Expert Says
Discount and online brokers will outgrow full-service brokers and independent advisor, a market expert predicts. Article summarizes Tiburon research call on discount & online brokerage firms.

July 6, 2016 Trust Advisor

Financial Engines Still Controls Close to Half of Online Advice
The online advice market now has more than 50 firms collectively managing $250 billion in client assets but it is dominated by Financial Engines. Article summarizes Tiburon research call on online advice.

July 5, 2016 Wealth Management.Com

Does SRI Deliver?
Advisors would be hard pressed to miss the recent explosion in socially responsible investment funds. Article quotes Tiburon research saying that SRI products have gathered $6.6 trillion assets under management.

June 30, 2016 InsuranceNewsNet

Robos to Get Leaner, Meaner, Serve More Clients
Many big financial firms, such as Northwestern Mutual, are scrambling to add a roboadvice component. Article summarizes Tiburon research call on online advice.

June 24, 2016 Wealth Management.Com

Online Advice Providers Still Dominated by Financial Engines
In its latest research, Tiburon Strategic Advisors looked to make sense of the growing online advice market that now consists of more than 50 companies managing $250 billion in assets. Article summarizes Tiburon research call on online advice.

June 13, 2016 InsuranceNewsNet

Underperforming Hedge Funds Fade From Radar
For all the attention paid to hedge funds and the headlines devoted to liquid alternative investments, few advisors admit to any familiarity with hedge funds. Article summarizes Tiburon research call on hedge funds & liquid alternatives.

June 13, 2016 RIA Biz

After Guides Say No to RIA Adventurers' Proposal to Scale Mount Shasta, Ankles Snapped, Teams Faded, & Only a Few Summit
The experts said it could not and should not be done but seventeen advisors and executives from ten states displayed RIA mettle on the harrowing climb. Article summarizes Skip & Chip Excellent Adventure 5.0.

June 6, 2016 Money Management Executive

Eaton Vance the Latest Manager to Back Robo
Eaton Vance added its name to the growing list of asset management giants buying into robo advice platforms, reinforcing the industry view that digital is a distribution channel for the future.  Article quotes Tiburon saying that funding for robo advisors is likely to further concentrate on the leaders.

June 2016 Private Wealth

Tiburon CEO Summit XXX
Tiburon CEO Summit XXX advertisement lists speakers, including Chip Roame, Rob Arnott, Anil Arora, Dave Barton, Jud Bergman, Marty Bicknell, & Josh Brown.

May 27, 2016 Wealth Management

SRI is Getting Less Attention than it Deserves
US investment managers have about $6.6 trillion in assets in socially responsible investing products according to estimates by Tiburon Strategic Advisors. Article summarizes recent Tiburon research call on Socially Responsible Investing & Impact Investing.

May 18, 2016 PR Newswire

Envestnet Launches The Essential Advisor
Envestnet unveiled The Essential Advisor, which advocates the quantifiable value professional advisors deliver in helping consumers reach their financial goals. Book review references assistance form Tiburon managing partner.

May 18, 2016 InsuranceNews.Net

Roboadvisors Struggling to Find Business
Online retail advice companies capture the headlines but it is the online defined contribution-focused advisory firms that have snagged the lion's share of retirement assets.  Article summarizes recent Tiburon research call on online advice firms.

May 14, 2016 Financial Advisor Magazine

Tiburon: Passive ETFs Poised for Growth, Actives May Stagnate
Twenty-three years after it was introduced by State Street, the ETF is poised to become the financial product of choice for investors and financial advisors.  Article summarizes recent Tiburon research call on exchange traded funds (ETFs).

May 9, 2016 RIA Biz

How an Ex-DFA Exec Created a $1.2 Billion TAMP in Three Years and Why He is Phasing Out DFA Funds for Factor ETFs
After calling on DFA TAMPs like Loring Ward and Symmetry, the owner of Efficient Advisors saw an opening and a way to shave costs.  Article mentions Tiburon CEO Summit XXX in passing.

May 3, 2016 Nearshores America

Financial Advisory Firms Turn to TAMP Outsourcers to Streamline Operations
The market includes roughly 36 major companies, and approximately 25% of financial advisors are now outsourcing to TAMPs.  Article quotes Tiburon research on TAMPs.

May 2016 Wealth Management

Tiburon CEO Summit XXX
Tiburon CEO Summit XXX advertisement lists speakers, including Chip Roame, Rob Arnott, Anil Arora, Dave Barton, Jud Bergman, Marty Bicknell, & Josh Brown.

May 2016 Financial Advisor Magazine

Tiburon CEO Summit XXX
Tiburon CEO Summit XXX advertisement lists speakers, including Chip Roame, Rob Arnott, Anil Arora, Dave Barton, Jud Bergman, Marty Bicknell, & Josh Brown.

May 2016 Private Wealth

Tiburon CEO Summit XXX
Tiburon CEO Summit XXX advertisement lists speakers, including Chip Roame, Rob Arnott, Anil Arora, Dave Barton, Jud Bergman, Marty Bicknell, & Josh Brown.

April 29, 2016 Wealth Management

The Baby Boomer Retirement Savings Crisis Shifts Gears
Recovering markets have boomers less worried about being able to retire and more concerned with making the money last. Article summarrizes Tiburon Research Call on consumer wealh.

April 5, 2016 Wealth Management

Ally Financial Moves into Wealth Management with TradeKing Acquisiton
Ally Financial is moving into the wealth management industry by acquiring TradeKing Group. Tiburon quoted saying that TradeKing provides a great new growth engine for Ally Financial.

March 30, 2016 InsuranceNewsNet.Com

Is the 401K Plan Market Still the Place for Financial Advisors to be?
Exactly when 401K defined contribution plan outflows surpass inflows appears to be a matter of some debate. Article quotes Tiburon saying that defined contribution plan outflows will soon surpass inflows as more baby boomers begin rolling over larger 401K balances to IRAs.

March 29, 2016 Financial Planning

Betterment Rockets Ahead in Robo Space, Raising $100 Million
Betterment may have cemented its leadership position among independent robo advice platforms with its announcement on Tuesday it has secured $100 million in its latest round of venture capital funding. Article quotes Tiburon saying that Betterment has an impressive business model including consumer advertising, a financial advisor model, and a defined contribution model.

March 25, 2016 Wealth Management

Eight Predictions for the Future of Online Brokerages
Article summarizes recent Tiburon research call on discount & online brokerage firms.

March 15, 2016 Think Advisor

Are 7% of Brokers Really Behaving Badly?
A recent study using BrokerCheck data found that 7.7% of brokers had a record of misconduct over a ten year period. Article quotes Tiburon saying that there are mistakes in the study but the results should be taken seriously.

March 2016 Wealth Management

Tiburon CEO Summit XXX
Tiburon CEO Summit XXX advertisement lists speakers, including Chip Roame, Rob Arnott, Anil Arora, Dave Barton, Jud Bergman, Marty Bicknell, & Josh Brown.

February 22, 2016 North Bay Business Journal

San Rafael Investor Tech Firm Gets $15 Million Infusion
Third-party asset management provider EQIS has received a $15 million investment. Article quotes Tiburon research saying that TAMPs emerged in the mid-1980s

February 17, 2016 InsuranceNewsNet

RIA Realm Expanding, Independent B/Ds Shrinking
That is the word from consult an Chip Roame, managing director of Tiburon Strategic Advisors, an advisory research firm in Tiburon, CA. Article quotes Tiburon research.

February 2, 2016 Forbes

Robo Advisors a Hot Ticket as Rules Change
Sophisticated financial advice used to be just for the wealthy. Article quotes Tiburon research saying that the number of robo advisors will decline but their assets under management will grow.

February 2016 Best's Review

The Robo Invasion
Although younger people are the primary users of robo advisors, the category has a broader appeal than might seem the case. Article quotes Tiburon research saying that the number of robo advisors will decline but their assets under management will grow.

January 27, 2016 Financial Planning

Schwab Loses Top Robo Exec to Morgan Stanley
Charles Schwab lost a key executive who oversaw the launch of the firm's robo advisor to Morgan Stanley. Article quotes Tiburon saying that the discount brokerage firms will be the winners in robo advice.

January 19, 2016 InsuranceNewsNet

Report: RIAs Face Succession Crisis
Facing pressure form an impending fiduciary rule change, older registered investment advisors (RIAs) considering a market exit better get a legitimate succession plan in place. Article summarizes Tiburon research call on financial advisor mergers & acquisitions.

January 15, 2016 Financial Planning

Fiduciary Push to Drive More M&A
It is a common complaint that financial planners do not prearrange their firms' inevitable succession needs. Article summarizes Tiburon research call on financial advisor mergers & acquisitions.

January 5, 2016 Think Advisor

As Cetera Splits from RCAP, will its Advisors Split, Too?
Industry observers say that the spin-off could make Cetera more attractive to buyers down the road. Tiburon quoted saying that Cetera will likely still be sold someday.

January 2016 Wealth Management

Retirement Leads in Online Advice
Despite the time and energy spent writing, talking, and thinking about the rise of online financial advice, it is still a fairly misunderstood topic. Article summarizes Tiburon research call on robo advisors.

January 2016 Wealth Management

The Finance Futurist
Alexey Sokolin talks about what changes are on the horizon for financial advisors. Article includes graph utilizing Tiburon data predicting that the number of robo advisors will decline but their assets under management will rise.

LINKS TO ARCHIVES FOR THE YEARS

2016-2017, 2014-2015, 2012-2013, 2010-2011, 2008-2009, 2006-2007, 2004-2005, 2002-2003, 2000-2001, & 1998-1999

The extensive list of Tiburon quotes has required the use of multiple web site pages. Please click on the links above to view older article summaries.