Prior Tiburon CEO Summit

Tiburon CEO Summits

Tiburon has held twenty-two prior CEO Summits, with the first Tiburon CEO Summit taking place in 2001. Details of Tiburon CEO Summit XXII are included below; for details of earlier Tiburon CEO Summits, please click here: 2010-2011, 2008-2009, 2006-2007, 2004-2005, & 2001-2003.

Tiburon CEO Summit XXII: April 17-18, 2012

Tiburon CEO Summit XXII was held April 17-18, 2012 at the Ritz Carlton Hotel in New York, NY. Tiburon CEO Summit XXII officially started at 7:45am on Tuesday, April 17, 2012, included a group dinner that night at Delmonico's Restaurant in New York, NY and finished at 12:30pm on Wednesday, April 18, 2012. 221 senior industry executives took two days out of their busy schedules to participate. There were over twenty sessions. Along with Tiburon's Managing Partner Chip Roame, Tiburon CEO Summit XXII included the fifth annual Tiburon CEO Summit Award presentations to David Booth (CEO, Dimensional Fund Advisors), Bob Reynolds (CEO, Putnam Investments), & Al West (CEO, SEI Investments). Tiburon CEO Summit XXII also included an economy & markets presentation by Derek Young (Vice Chairman, Pyramis Global Advisors). And general session guest panelists included Mike Alfred (CEO, BrightScope), Tony Batman (CEO, 1st Global), Jud Bergman (CEO, Envestnet), Chris Blunt (President, Life Insurance, New York Life), Tom Bradley (President, Retail Distribution, TD Ameritrade), Bruce Cameron (CEO, Berkshire Capital Securities), Mitch Caplan (CEO, Jefferson National Financial), Mark Casady (CEO, LPL Financial), Ben Cukier (Partner, FTV Capital), Scott Powers (CEO, State Street Global Advisors), Todd Thomson (Chairman, Dynasty Financial Partners), & Elliot Weissbluth (CEO, HighTower). Tiburon CEO Summit XXII also featured the firm's traditional client-centric panel discussion, five less formal break-out sessions, & two networking-based social events.

Keynote Presentation

Tiburon CEO Summit XXII featured a general session keynote presentation by Tiburon's Managing Partner Chip Roame regarding the state of the financial services industry, with a specific focus on the growing wealth management market. This presentation served as the backdrop and overview of the entire Tiburon CEO Summit.


	Summit XXII Opening Keynote Presentation Chip Roame Managing Partner Tiburon Strategic Advisors

Chip Roame (Managing Partner, Tiburon Strategic Advisors)

Charles ("Chip") Roame is the Managing Partner of Tiburon Strategic Advisors and a leading strategic consultant to CEOs, other senior executives, & boards of directors in the brokerage, investments, banking, & insurance markets. Prior to forming Tiburon in 1998, Mr. Roame served in similar capacities, first as a management consultant at McKinsey & Company, and later as a business strategist at The Charles Schwab Corporation. Mr. Roame is quoted daily throughout the media and, due to Tiburon's widely shared research; he may be the most frequently demanded board advisor and conference speaker. His particular expertise is that of corporate strategy for larger financial services firms, designing broad multi-faceted strategies and making trade-offs between alternative businesses, products, & markets.

At Tiburon, Mr. Roame has responsibility for all of the firm's consulting, research, & marketing activities which keeps him on the leading-edge of strategic initiatives in the industry's fastest growing businesses - mutual funds, exchange traded funds, separately managed accounts, hedge funds & other alternative investments, financial planning, wealth management services, life insurance, annuities, family office services, online financial services, and the growing independent advisor markets. He has also taken a substantial interest in financial services industry venture capital & private equity opportunities and investment banking transactions. At Tiburon, Mr. Roame has led over 1,500 client engagements for over 350 corporate clients since 1998.

Mr. Roame has won numerous awards throughout the consulting and financial services industries, including being named one of the power 25 elite by Investment News, one of the twenty-five most influential people in financial planning by Investment Advisor magazine, & one of the five experts with the answers by Boomer Market Advisor. Tiburon has also been named one of the fastest growing companies by the San Francisco Business Times in multiple years.

Mr. Roame is frequently sought as a board member by Tiburon client company boards. He presently serves as a board member at Envestnet (NYSE: ENV) and as a trustee for the SA mutual funds family which is sponsored by Loring Ward and employs Dimensional Fund Advisors as its sole sub-advisor. In the past, he has served on a variety of other boards, including those for start-up ventures Anira Advisory Group, One Harbor, & Prima Capital Holdings, as well as the Institute of Investment Management Consultants trade group.

Overview of Tiburon CEO Summit XXII Keynote Presentation

Mr. Roame addressed the state of the financial services industry, with a specific focus on the growing wealth management market, including the most important news stories in the past six months, recent Tiburon research findings, and strategic developments at dozens of Tiburon clients. He began with observations on the broad market environment, including the economy, markets, growing baby boomer issues, financial services industry stumbles, and the resulting consumer attitudinal & behavioral changes. Mr. Roame then outlined the future of wealth management, including the rapidly evolving product and distribution markets. Mr. Roame also addressed four other issues worth watching, including the regulatory agenda & the 2012 elections, the institutionalization of business tactics, institutional & international market opportunities, and pent-up strategic activity. In closing Mr. Roame presented the top 25 fundamental trends impacting all financial services firms.

Broad Market Environment

As it pertains to the broad market environment, Mr. Roame sought to put recent world events into perspective for the financial services industry CEOs attending Tiburon CEO Summit XXII. Mr. Roame discussed the economy, markets, growing baby boomer issues, & financial services industry stumbles, including the gross domestic product (GDP), the US budget deficit, the US trade deficit, various views on the unemployment rate, interest rates, the European debt crisis, the stock markets, the housing market, & the small business market. He said that, "unemployment is the most important political & economic issue." He also gave the audience a detailed understanding of consumer wealth, including saying that, "the most disturbing fact is that consumer households own just 38% of the value of their homes, down from 69% in 1985," that, "deleveraging is way overstated; data does not support such a trend," that, "consumers have $7.3 trillion in private business valuations," and that, "inheritances to baby boomers are not materializing as the money is going to health care instead."

Mr. Roame then addressed the resulting consumer attitudinal & behavioral changes, including those driven by the widening wealth gap. He addressed consumer confidence, consumer sentiment, the Occupy Wall Street movement, and the recent public resignation letter by Goldman Sachs Group executive Greg Smith. He also addressed behavioral changes, including the higher savings rate, the unsuccessful rally to dump the big banks, and the renewed growth in the self-serve channels. He defined the three most critical broad market environment trends to be:

Low interest rate environment
Living with uncertainties
Rapidly evolving consumers

He concluded by saying that, "many markets have rallied back but consumer sentiment has not increased at the same rate."

The Future of Wealth Management

Turning specifically to the fast growing wealth management market, Mr. Roame sought to offer the group some perspective, saying that, "wealth management and payments are the two fastest growing markets in financial services."

Mr. Roame then addressed the rapidly evolving product markets, including the fundamental investment process restructuring, the product polarization, and the trend towards retirement income & guarantee products. He highlighted the growth in tactical strategies, highlighted successful strategies of the winners including Black Rock and The Vanguard Group, addressed the rapid growth in indexing, and made predictions for even faster growth of alternative investments. Some of his comments included that, "indexing is 20% of assets but is growing," that, "$102 billion is spent on active management," and that, "long only equity is not growing." And as is customary, Mr. Roame wrapped up his investment product insights with a peek into the wine market, where many know he is involved as an advisor. He defined the three most critical product trends to be:

Fundamental investment process restructuring
Product polarization
Retirement income needs & guarantees

After addressing products, Mr. Roame turned to distribution markets. Mr. Roame framed the size and growth rates of the financial advisor, self-serve, and institutional markets, saying that, "consumer assets invested by financial advisors are the biggest and fastest growing segment of the market." Mr. Roame then discussed the huge growth in independent advisors & break-away brokers, arguing that the break-away broker trend is not fully started and that the wirehouses could shut this trend down with higher payouts and/or half-way house strategies. Some of his commments included that, "12% of wirehouse brokers move in any given year but 80% after getting fired." He also discussed the continued evolution of the self-serve channels, including online tools & advice, online brokerage, online banking & mortgages, & online insurance. Mr. Roame argued that when nobody has been watching the self-serve trend has come back to life. Some of his comments included that, "there are 50 discount brokerage firms but five have all of the market share." Mr. Roame made a very edgy prediction that the number of discount brokerage offices will skyrocket while the number of bank branches will plummet. Mr. Roame defined the five most important distribution market trends to be:

Break-away broker trend
Restructuring of the independent broker/dealer market
Increasing dominance of high-end financial advisors
Self-serve channels & their advice movement
The re-emergence of online advice

Four Other Issues Worth Watching

Beyond the future of wealth management, Mr. Roame highlighted four other issues worth watching, including the regulatory agenda & the 2012 elections; the institutionalization of business tactics; the related institutional & international markets; and recent industry strategic activity.

Mr. Roame addressed the regulatory agenda & the 2012 elections, including owning up to his incorrect prediction six months earlier that Mitt Romney would select Godfather's Pizza's Herman Cain as his running mate. He laid out six predictions:

Tax rates going up
Regulations catching up with the graying of boundaries between brokers & financial advisors
Nationalization of insurance regulations
Department of Labor on own course
Health care reform implementation
The 2012 presidential & congressional elections

He discussed the institutionalization of business tactics, with a specific focus on sales & marketing and technology & outsourcing. Amongst his points, he said that marketing was finally surpassing sales in importance and that technology & outsourcing trends would include CRM as the driver and models would be redefined around outsourcing platforms. One of his most shocking points was that, "Silicon Valey Bank serves 50% of all venture backed companies in the US."

Mr. Roame also discussed related institutional & international opportunities. Mr. Roame argued that changes in the defined contribution market and the emergence of the international middle class are re-opening both of these opportunities. Dimensional Fund Advisors is a good example of a firm capitalizing on these trends. Some of his comments included that, "Financial Engines is now the largest RIA," that, "the Harvard endowment and the Gates Foundation are roughly the same size," and that, "one-third of all people live in Chian & India." He pointed to three specifics:

Defined contribution advice offerings
Corporate, union, & state pension plans all underfunded
International being ignored by many US financial services firms

Mr. Roame also addressed recent strategic activity, including financial services industry mergers & acquisitions, financial services industry private equity, and financial services industry venture capital. He ended with three points:

Regulatory reform & capital needs requiring exits
Private equity continues to bet on independent financial adivsor distribution
Financial advisor aggregation

The Top 25 Fundamental Industry Trends

In an effort to offer a structured view of the key points, Mr. Roame concluded by summarizing 25 fundamental trends driving the financial services industry as they pertain to the broad market environment, products, distribution channels, regulatory agenda & the 2012 elections, business tactics, institutional & international markets, and strategic activity.

Award Recipients

Tiburon Strategic Advisors is pleased to announce the recipients of its Tiburon CEO Summit Awards. David Booth (CEO, Dimension Fund Advisors), Bob Reynolds (CEO, Putnam Investments), & Al West (CEO, SEI Investments) were recognized as Tiburon CEO Summit award winners at Tiburon CEO Summit XXII on April 17-18, 2012 because they exemplify three central themes: Focusing on Consumer (and Other Client) Needs, Challenging Conventional Industry Wisdom (Innovation), & Taking Responsibility. The award recipients are chosen by a running tally of the votes of thousands of prior Tiburon CEO Summit attendees.



			CEO Summit XXII Award Recipient David Booth (Co-CEO, Dimensional Fund Advisors)

David Booth (CEO, Dimensional Fund Advisors)

David Booth founded Dimensional Fund Advisors in 1981 to provide access to small capitalization stocks, which were largely underrepresented in institutional portofolios at the time. Many of Mr. Booth's original concepts underpin Dimensional's overall strategy and his problem-solving innovations for clients set the firm apart from its competitors. As Chairman and Co-CEO of the $240 billion assets under management firm today, Mr. Booth continues to focus on the firm's key corporate initiatives and strategic long-range planning.

Mr. Booth won the Financial Analysts Journal's Graham & Dodd Award of Excellence (with Gene Fama) in 1992. In 2010, Investment News named Mr. Booth as one of The Power 20 in the financial services industry, and Mutual Fund Wire ranked him 12th in its list of the 100 Most Influential People in mutual funds.

As it pertains to the Tiburon CEO Summit award criteria, some of Mr. Booth's accomplishments include:

Challenging Conventional Industry Wisdom (Innovation): Dimensional Fund Advisors has clearly challenged conventional wisdom and Mr. Booth has been the core coneptualist and philosophical leader of the firm. Mr. Booth was one of the pioneers of indexing when he started his career with Wells Fargo and collaborrated on the first index funds with Mac McQuown. Mr. Booth was an early proponent of efficient markets. He founded Dimensional Fund Advisors in his Brooklyn, NY apartment based on groundbreaking work in indexing and small capitalization investing. Dimensional has at its core today the belief that it can not beat the market but that it can add value in trading strategies, portfolio strategies, & tax strategies. The current focus of Dimensional is on globalization.
Focusing on Consumer (and Other Client) Needs: Dimensional Fund Advisors clearly has a consumer centric business model. Mr. Booth's problem solving innovations for clients set the firm apart from its competitiors. Similarly, Dimensional requires financial advisors seeking to utilize its products to attend training. Furthermore, as an often first mover, Dimensional has had the opporutnity to charge premium fees but instead has repeatedly sought to set long run prices at the expense of its near-term profitability.
Taking Responsibility: Mr. Booth has given back, most notably to the University of Chicago, where he made the largest gift ever to a business school and which has subsequently named its business school in honor of him as The University of Chicago Booth School of Business. He further serves as a lifetime member of the school's Business Advisory Council. Mr. Booth also is a member of the University of Chicago board of trustees, the University of Kansas Endowment Association, & Georgetown University's board of directors. He is also a member of the Paintings Conservation Council of the J. Paul Getty Trust.

Tiburon's Managing Partner Chip Roame sat down with Mr. Booth at Tiburon CEO Summit XXII. In response to Mr. Roame's congratulatory remarks, Mr. Booth said, "our firm was interested in lowering the conflicts of interest" and "my competitive advantage was not becoming a professor." In addressing his efforts at challenging conventional wisdom, Mr. Booth said that "we started the firm before we knew the data" and "the firm started in my aprtment and we did not think we would make any money but at least we would be independent." In addressing his efforts at focusing on conumer (and other client) needs, Mr. Booth added that "...". And in addressing his efforts at taking responsibility, Mr. Booth concluded that "The University of Chicago named the business school after me because my name is short."

Afterwards, Mr. Roame facilitated a question & answer session with Mr. Booth. In response to audience questions, Mr. Booth said:

"65 is not old"
"Gray is the new blonde"
"People want to dump stuff on someone's desk but want to be more involved"
"It is hard to call T-Bills the riskless rate now that you are living off of it"
"Most innovation comes from the academic world"
"Social media meets no-load mutual funds"
"Our basic investment philosopy transends cultural barriers"
"We invaded Germany last year"



			CEO Summit XXII Award Recipient Bob Reynolds (CEO, Putnam Investments)

Bob Reynolds (CEO, Putnam Investments)

Bob Reynolds is CEO of Putnam Investments. Prior to joining Putnam Investments in 2008, Mr. Reynolds served as Vice Chairman & Chief Operating Officer of Fidelity Investments from 2000 to 2007.

Mr. Reynolds was recognized with a Lifetime Achievement Award from Plan Sponsor magazine; the President's Medal of Excellence from Boston College; the Distinguished Alumni Award from West Virginia University; & the De La Salle Award from Manhattan College.

As it pertains to the Tiburon CEO Summit award criteria, some of Mr. Reynold's accomplishments include:

Challenging Conventional Industry Wisdom (Innovation): Mr. Reynolds challenged conventional industry wisdom first by building the Fidelity Investments 401K business. He subsequently determined that Fidelity Investments could move beyond its roots as a money manager and compete with The Charles Schwab Corporation, TD Ameritrade, E*Trade, and other firms in the discount brokerage & custody business. Moving to Putnam Investments in 2008 (a job some others may have passed upon), Mr. Reynolds has taken the firm from its death bed to now leading a push into the fast growing RIA market.
Focusing on Consumer (and Other Client) Needs: Mr. Reynolds demonstrated his focus on consumer & client needs by being concerned for retirees in 401K plans & beyond. Mr. Reynolds early on was a believer that high value would win out. Fidelity Investments had a terrific brand but was not necessarily perceived as high value. Mr. Reynolds pushed the high value concept.
Taking Responsibility: Mr. Reynolds has pushed Putnam Investments into a leading advocacy position, including on critical issues such as retirement reform, fee transparency, the lifetime income view on workplace savings, & excess liquidity risk in target date mutual funds. Mr. Reynolds serves on the board of directors of the West Virginia University Foundation; the Concord Museum; the Dana-Farber Cancer Institute; the Lahey Clinic; & the Initiative for a Competitive Inner City in Boston.

Tiburon's Managing Partner Chip Roame sat down with Mr. Reynolds at Tiburon CEO Summit XXII. In response to Mr. Roame's congratulatory remarks, Mr. Reynolds said, "the 401K is America's retirement system,"; "the magic number is 10%; people need to save 10% per year," and "right now 401Ks cover half of America's workers." In addressing his efforts at challenging conventional wisdom, Mr. Reynolds said that "there is no such thing to me as a bad idea," and "information, if you use it right, is a tremendous weapon." In addressing his efforts at focusing on conumer (and other client) needs, Mr. Reynolds added that "the retail investor has been shot twice in the last ten years; some would say three times" and "put yourself in your clients' shoes and what would you want?" And in addressing his efforts at taking responsibility, Mr. Reynolds concluded that "...".

Afterwards, Mr. Roame facilitated a question & answer session with Mr. Reynolds. In response to audience questions, Mr. Reynolds said that:

"I think the game has just begun when it comes to IRA rollovers"
"There will always be room for active management; skills always get paid"
"Give me something where I can live with the volatility (absolute return funds)"



			CEO Summit XXII Award Recipient Al West (CEO, SEI Investments)

Al West (CEO, SEI Investments)

Al West founded SEI Investments in 1968. SEI is a leading global provider of outsourced asset management, investment processing, & investment operations solutions that help corporations, financial institutions, financial advisors, & affluent families create and manage wealth.

Mr. West was recognized in 2010 by Investment Advisor as one of the 30 most influential people in and around the independent advice business. In 2011, Mr. West was recognized by Strategic Insight as one of the 60 most influential Visionaries of the Modern Era of the Mutual Fund Industry. Mr. West has also won the Joseph Mayo Pettit Alumni Distinguished Service Award, the Joseph Wharton Award, the Raymond Rafferty Entrepreneurial Excellence Award, the B'Nai B'rith International Distinguished Humanitarian Award, and he was named Legend CEO by the Technology Council of Philadelphia.

As it pertains to the Tiburon CEO Summit award criteria, some of Mr. West's accomplishments include:

Challenging Conventional Industry Wisdom (Innovation): Mr. West has been a constant challenger of conventional wisdom. SEI Investments was founded as Simulated Environments Incorporated to provide simulated training for bank officers, training that did not exist at the time (1968). A more recent example of Mr. West's challenging conventional wisdom has been in goals based investing which he has promoted for twelve years. He is now pushing the firm's global wealth platform. Several executives at SEI Investments refer to Mr. West as the firm's chief creative or innovation officer. And SEI's entire culture reinforces this concept, with no permanent offices, furniture on wheels, no assigned parking spots, all in a series of barn-like buildings.
Focusing on Consumer (and Other Client) Needs: SEI Investments' mission is to help its clients succeed; the firm's entire focus is on making clients successful. Mr. West stresses employee-to-client engagement; for example, Mr. West directly reconfigured SEI's workforce in the mid-1990s in order to leverage emerging online delivery opportunities. Mr. West encourages his executives to understand client needs and also encourages them to educate clients to be sure that they are solving the correct issues.
Taking Responsibility: Mr. West has given back to Georgia Tech and The Wharton School at the University of Pennsylvania. He supports the Wounded Warrior program, started a non-profit organization supporting the recovery of those with co-occurring mental illness and substance abuse disorders (West Bridge) which has saved the lives of many, and started a home that trains homeless people to re-enter the workforce. He is also chairman of the SEI Center for Advanced Studies in Management at Wharton, a member of the Wharton Board of Overseers, a member of the Executive Committee of the World Affairs Council of Philadelphia, chairman of the American Business Conference, & a member of the Georgia Tech Foundation.

Tiburon's Managing Partner Chip Roame sat down with Mr. West at Tiburon CEO Summit XXII. In response to Mr. Roame's congratulatory remarks, Mr. West said, "if you want to make your clients happy then make your employees happy." In addressing his efforts at challenging conventional wisdom, Mr. West said that "innovation and progress are just learning from your mistakes", "go out and fail; you have to reward failure", and "we try to fail fast." In addressing his efforts at focusing on conumer (and other client) needs, Mr. West added that "we serve those who have wealth and those that serve them", "intimate client relationships are what you want", and "everything starts and ends with your clients." And in addressing his efforts at taking responsibility, Mr. West concluded that "...".

Afterwards, Mr. Roame facilitated a question & answer session with Mr. West. In response to audience questions, Mr. West said that:

"All of our desks on our wheels"
"There is good discipline that comes with being a public company"

Economy & Markets Speaker

Tiburon CEO Summit XXII also featured its traditional economy & markets presentation by Derek Young (Vice Chairman, Pyramis Global Advisors, Fidelity Investments).



		CEO Summit XXII Economy & Markets Speaker Derek Young (Vice Chairman, Pyramis Global Advisors, Fidelity Investments)

Derek Young
(Vice Chairman, Pyramis Global Advisors, Fidelity Investments)

Derek Young is Vice Chairman of Pyramis Global Advisors at Fidelity Investments. Mr. Young joined Fidelity Investments in 1996 as director of risk management for Fidelity Management Trust Company (FMTC). Since then he has held a variety of positions across Fidelity Investments with increasing levels of responsibility and management oversight, including senior vice president of Strategic Investment Services & Marketing for FMTC, head of Fidelity Investment's US Asset Allocation Committee, and co-manager of numerous mutual funds, including the Strategic Fund Family and the Asset Manager Fund Family. Prior to his new position, Mr. Young was chief investment officer of Fidelity Investment's Global Asset Allocation Group. Prior to joining Fidelity Investments, Mr. Young was a manager in the risk strategy consulting practice for KPMG. From 1991 to 1995, he worked for the Board of Governors of the Federal Reserve as a senior financial analyst and then as a supervisory financial analyst. Mr. Young began his career as a vice president at Empire Financial Services in 1986.

Mr. Young's comments included:

"Despite record earnings, 83% of active managers underperformed the S&P 500 in 2011"
"2011 was the most volatile year for equities since the 1930s"
"We have been going sideways since the tech bubble burst"
"I believe that we are moving into another decade of difficult markets"
"Investors have remained skeptical"
"Institutions continue to get out of equities"
"Capital goes to fund goverment debt and not to more productive areas"
"There are more people age 65 now than the cumulative number prior
"Individuals are going to be forced to work longer and change their expectations of retirement"
"Individuals fear running out of money more than death itself"

General Session Guest Panelists

Tiburon CEO Summit XXII also featured general session guest panelists Mike Alfred (CEO, BrightScope), Tony Batman (CEO, 1st Global Capital Corporation), Jud Bergman (CEO, Envestnet), Chris Blunt (President, Insurance, New York Life), Tom Bradley (President, Retail Distribution, TD Ameritrade), Bruce Cameron (CEO, Berkshire Capital Securities), Mitch Caplan (CEO, Jefferson National Financial), Mark Casady (CEO, LPL Financial), Ben Cukier (Partner, FTV Capital), Scott Powers (CEO, State Street Global Corporation), Todd Thomson (Chairman, Dynasty Financial Partners), Elliot Weissbluth (CEO, HighTower), & Derek Young (Vice Chairman, Pyramis Global Advisors, Fidelity Investments).

Mike Alfred
(CEO, BrightScope)


			CEO Summit XXII General Session Panelist Mike Alfred (CEO, BrightScope)

Mike Alfred is CEO of BrightScope, responsible for the strategic vision and leadership of the company. Previously, Mr. Alfred was a co-founder and portfolio manager at Alfred Capital Management, an independent registered investment firm located in La Jolla , CA. He has been a financial advisor and portfolio manager since 2003.

After introducing BrightScope to the Tiburon CEO Summit XXII audience, Mr. Alfred listed his three strategic industry issues as:

Data: Big, social, open, and connected
Social media: Will be transformative for financial services over time
Rise of the fiduciary: Corresponds with the rise of the more intelligent, empowered consumer

In response to an audience question, Mr. Alfred said that "...".

Tony Batman
(CEO, 1st Global Capital Corporation)



						CEO Summit XXII General Session Panelist Tony Batman (CEO, 1st Global Capital Corporation)

Tony Batman is CEO of 1st Global, a diversified financial services firm that is the business development and resource partner to leading tax, accounting, & law firms. 1st Global works with these firms to provide comprehensive wealth management services to emerging affluent families, businesses, founadations, & other institutions.

After introducing 1st Global to the Tiburon CEO Summit XXII audience, Mr. Batman listed his three strategic industry issues as:

Twin demographic nightmares: Rapidly aging CPAs (less energetic, coasting) & younger investor generation with vastly different attitudes about advice (Gen X, Gen Y, Millennials.)
If alpha always inevitably becomes beta, where is alpha to be found? What price for beta only? Govt. policy implications?
Unidentified new systemic risks with intermittent periods of insanely turbulent markets

In response to an audience question, Mr. Batman said that "...".

Jud Bergman

(CEO, Envestnet)



						CEO Summit XXII General Session Panelist Jud Bergman (CEO, Envestnet)

Jud Bergman is CEO of Envestnet, responsible for directing its core strategies, and guiding organizational and business development. Mr. Bergman founded Envestnet in 1999 to provide web-based wealth management software and services and advanced portfolio solutions for independent advisors to better serve their affluent and high net worth clients. Under his direction, Envestnet has grown to support over 14,000 advisors and service over $127 billion in assets as of September 30, 2011. Mr. Bergman also serves as a Trustee for Guardian's RS Investment's mutual fund family, which manages over $20 billion in assets. Prior to Envestnet, Mr. Bergman was the managing director, Nuveen Mutual Funds, for Nuveen Investments, a diversified investment manager with over $100 billion under management. In this role he was responsible for the profitable growth of Nuveen's mutual fund business and was a member of Nuveen's Investment Management Committee. From 1992 to 1997, Mr. Bergman directed Nuveen's corporate development activity, where he initiated the development of Nuveen's separately managed account business and helped guide the firm's expansion into diversified investment management beyond municipal investments. Mr. Bergman received a BA from Wheaton College , and earned an MBA in Finance & Accounting from Columbia University .

After introducing Envestnet to the Tiburon CEO Summit XXII audience, Mr. Bergman listed his three strategic industry issues as:

Will conflicts be more fully disclosed and to what extent will a fiduciary standard be adopted?
What emerging technologies could affect the advisor-investor relationship?
Are the factors driving advisors to independence changing and are they accelerating?

In response to an audience question, Mr. Bergman said that "...".

Chris Blunt
(President, Insurance, New York Life)



		CEO Summit XXII General Session Panelist Chris Blunt (President, Insurance, New York Life)

Chris Blunt is President of Insurance at New York Life. Mr. Blunt joined New York Life in 2004 as executive vice president at New York Life Investment Management, where he was responsible for retail investments. In 2007, he was elected Chief Operating Oficer for the Life & Annuity operations of New York Life Insurance Company, and in 2008 was appointed head of Retirment Income Security. New York Life leads the industry in new life insurance premiums written, with a US market share of 11.7%.

After introducing New York Life to the Tiburon CEO Summit XXII audience, Mr. Blunt listed his three strategic industry issues as:

Shrinking distribution forces/commoditization
U.S. tax and regulatory threats
International regulation and reserving

In response to an audience question, Mr. Blunt said that "New York Life has a higher credit rating than the US government."

Tom Bradley
(President, Retail Distribution, TD Ameritrade)



		CEO Summit XXII General Session Panelist Tom Bradley (President, Retail Distribution, TD Ameritrade)

Tom Bradley is President of Retail Distribution at TD Amertirade. Mr. Bradley joined TD Ameritrade in 2006 upon its acquisition of TD Waterhouse and was appointed president of TD Ameritrade Institutional, where he oversaw all institutional business functions, including the company's independent investment advisor services, directed brokerage, self-directed 401(k), & retirement trust businesses. He was named to his current position in 2011.

After introducing TD Ameritrade to the Tiburon CEO Summit XXII audience, Mr. Bradley listed his three strategic industry issues as:

Near zero interest rates - challenges for financial services firms and investors
Regulation - need "better" not "more"
Fiduciary vs. sales - advice models are moving to RIA/fiduciary and sales is being preserved as it should be, but "dual hats" is a problem that needs to be addressed

In response to audience questions, Mr. Bradley said:

"Consumers are scared, scarred, & skeptical"
"TD Bank is the only AAA rated bank in North America"
"When it comes to regulatoin, we need better, not more"
"Lobbying has become a bad word but there is good lobbying too"

Bruce Cameron
(CEO, Berkshire Capital Securities)



		CEO Summit XXII General Session Panelist Bruce Cameron (CEO, Berkshire Capital Securities)

Bruce Cameron is CEO of Berkshire Capital Securities. He joined Berkshire Capital in 1983 as the first independent investment bank covering the investment management and securities industries. As CEO, Mr. Cameron is responsible for the overall development and direction of the firm. Mr. Cameron leads the firm's new business efforts and is actively involved in advising the firm's major clients. Prior to the formation of Berkshire Capital, Mr. Cameron was Associate Director of Paine Webber Group's Strategic Planning Group. He began his career at Prudential Insurance Company, working first in the Comptroller's Department and then in the Planning & Coordination Group. Mr. Cameron graduated from Trinity College, where he received a BA in Economics, and from Harvard Business School , where he received an MBA. He also attended the London School of Economics. Mr. Cameron is a CFA charterholder and a Fellow of the Life Management Institute. He is also a past board member of the New York Society of Security Analysts.

After introducing Berkshire Capital Securities to the Tiburon CEO Summit XXII audience, Mr. Cameron listed his three strategic industry issues as:

Conflict/pressure around attracting/retaining/paying quality professionals to deliver the range of services needed to compete vis-a-vis delivery of objective quality services in the context of quality contrrol and consistency issues in the context of increasing size
Pressure on investment operations expected to deliver alpha against the limits of capacity in any investment strategy to invest vs. fee sensitivity on the part of clients
Industry reputation and the concern that investors and clients feel that the game is stacked against them

In response to an audience question, Mr. Cameron said that "unless you are in the top 25% of venture capital funds, then why bother?"

Mitch Caplan
(CEO, Jefferson National Financial)



		CEO Summit XXII General Session Panelist Mitch Caplan (CEO, Jefferson National Financial)

Mitch Caplan is CEO of Jefferson National, where he oversees all aspects of the company's growth strategy. Previously, he served as an executive advisor to Aquiline Capital Partners, CEO of E*TRADE Financial Corporation, & CEO of Telebanc Financial Corporation.

After introducing Jefferson National Financial to the Tiburon CEO Summit XXII audience, Mr. Caplan listed his three strategic industry issues as:

Secular trends: Rapid growth of fee-based model converging with rapid growth of HNW segment
Cyclical Trends: Demand of unique strategies to manage ongoing market volatility
Democratization of pricing and prducts for HNW market: Simplicity, transparency, and greater choice

In response to an audience question, Mr. Caplan said that "we try to think of ourselves as the anti-insurance carrier."

Mark Casady
(CEO, LPL Financial)



		CEO Summit XXII General Session Panelist Mark Casady (CEO, LPL Financial)

Mark Casady is the CEO of LPL Financial. Before joining the firm in 2002, Mr. Casady was managing director of the mutual funds group at Deutsche Asset Management, Americas (formerly Scudder Investments). He was also a member of the Scudder, Stevens, & Clark board of directors and management committee. Prior to Scudder Investments, Mr. Casady held roles at Concord Financial Group and Northern Trust. Mr. Casady serves on the Financial Industry Regulatory Authority's (FINRA) board of governors and is former chairman and a current board member of the Insured Retirement Institute. Mr. Casady also previously served on the executive committee of the Investment Company Institute board of governors. Mr. Casady was recognized as the financial executive of the year by DePaul University College of Commerce in 2007 and was also named one of the top 50 financial professionals by Irish American magazine in 1999. Mr. Casady was inducted into the Redefining Investment Strategy Education Hall of Fame by the University of Dayton in 2008.

After introducing LPL Financial to the Tiburon CEO Summit XXII audience, Mr. Casady listed his three strategic industry issues as:

Protection: Non-correlated assets; balance sheet products
Opportunity: Boomers need help; Gen X and Y opportunity is even bigger; brokerage world is changing --> flow to advisory
Productivity: All about platforms; wide range of client types: individual wealth, plan-based, institutions; central services

In response to an audience question, Mr. Casady said that "people are choosing their husbands & wives online now so choosing a financial advisor online should be no big deal."

Ben Cukier
(Partner, FTV Capital)



		CEO Summit XXII General Session Panelist Ben Cukier (Partner, FTV Capital)

Ben Cukier is a Partner at FTV Capital. Mr. Cukier leads investments in asset management, lending, & banking. Mr. Cukier was previously with the Telecommunications & Media Team at Madison Dearborn Partners in Chicago. Prior to joining Madison Dearborn Partners, Mr. Cukier was with McKinsey & Co. in New York, where he consulted to clients in the telecommunications, Internet, and healthcare industries. Mr. Cukier received his BS and BA from the University of Pennsylvania and an MBA from Stanford University.

After introducing FTV Capital to the Tiburon CEO Summit XXII audience, Mr. Cukier listed his three strategic industry issues as:

Retirement: longevity insurance/annuities in 401K plans; capture the rollover; massive shift in record keeping platforms
ETFs: traditional mutual fund providers enter market; active ETFs; continue growth in tactical asset allocation using ETFs
Middle office: continued trend in outsourcing the middle office (index verification, performance attribution, reference data (maybe))

In response to an audience question, Mr. Cukier said that "active ETFs are just starting to take root."

Scott Powers
(CEO, State Street Global Advisors)



		CEO Summit XXII General Session Panelist Scott Powers (CEO, State Street Global Advisors)

Scott Powers is CEO of State Street Global Advisors (SSgA), the investment management arm of State Street Corporation and one of the largest institutional asset managers in the world. Mr. Powers is also a member of State Street's Management Committee, the company's senior-most strategy and policy-making team. Prior to joining State Street in 2008, Mr. Powers served as CEO of Old Mutual US, the US operating unit of London-based Old Mutual. During his seven year tenure at Old Mutual, he was one of six senior executives overseeing the worldwide operations and was also a member of Old Mutual's executive committee, where he was actively involved in the development and execution on overall business strategy.

After introducing State Street Global Advisors to the Tiburon CEO Summit XXII audience, Mr. Powers listed his three strategic industry issues as:

Separation of alpha and beta: advance beta; ETFs
Tail risk management: managed volatility strategies; divergent return strategies; multi asset class solutions
Consolidation: regulatory reform; capital needs of banks and insurance companies

In response to an audience question, Mr. Powers said that "...".

Todd Thomson
(Chairman, Dynasty Financial Partners)



		CEO Summit XXII General Session Panelist Todd Thomson (Chairman, Dynasty Financial Partners)

Todd Thomson is Chairman of Dynasty Financial Partners. Todd is a member of the Board of Directors of Commtouch Software, LTD., Cordia Bancorp and Bank of Virginia. He is also a member of the Board of the World Resources Institute as well as a member of the Economic Club of New York. He is Chairman of the Wharton Leadership Advisory Board. He is also a past member of the Board of Trustees of Davidson College. Mr. Thomson received his BA in Economics from Davidson College and his MBA from the Wharton School of Business.

After introducing Dynasty Financial Partners to the Tiburon CEO Summit XXII audience, Mr. Thomson listed his three strategic industry issues as:

Need for an "easy button" for sophisticated advisors
Partnership among like-mind RIAs
Access challenges

In response to an audience question, Mr. Thomson said that "the biggest teams are the ones most interested in moving right now."

Elliot Weissbluth
(CEO, HighTower)



		CEO Summit XXII General Session Panelist Elliot Weissbluth (CEO, HighTower)

Elliot Weissbluth is CEO of HighTower, a national advisor-owned financial services company serving high net worth and institutional clients. Prior to HighTower, Mr. Weissbluth was the president of US Fiduciary, a boutique broker dealer, and director of marketing & research at RogersCasey, one of the nation's leading investment research and institutional registered investment advisory firms. Mr. Weissbluth serves on a number of for profit and non-profit boards, notably as a Trustee of Interlochen, Center for Performing Arts in Michigan.

After introducing HighTower to the Tiburon CEO Summit XXII audience, Mr. Weissbluth listed his three strategic industry issues as:

Secular shift: brokers and clients leaving old model for new
Standard of care: fiduciary standard will be made clear
Consolidation: top of market already consolidated, now bottom of market will contract

In response to an audience question, Mr. Weissbluth said that "90% of people do not the know the definition of a fiduciary."

Attendees
Tiburon CEO Summit XXII had 221 client attendees, including:

Chip Roame (Managing Partner, Tiburon Strategic Advisors)
Rick Adler (CEO, Convergent Capital Management)
Gurinder Ahluwalia (CEO, Genworth Financial Wealth Management)
David Akellian (Executive Vice President, Custom Clearing Services, LPL Financial)
Mike Alfred (CEO, BrightScope)
John Alshefski (Business Head, Business Development, Investment Manager Services, SEI Investments)
Mike Apker (Business Head, Reporting & Data Aggregation Services, Envestnet)
Andy Arenberg (Global Business Head, ETF Distribution, Russell Investments)
Dan Arnold (Business Head, Corporate Strategy, LPL Financial)
Marion Asnes (Chief Marketing Officer, Envestnet)
Steve Atkinson (Executive Vice President, Advisor Relations, Loring Ward Group)
Wayne Badorf (Executive Vice President, Intermediary Sales, Wells Fargo Fund Distributor)
Chuck Baldiswieler (CEO, TCW Funds)
Kim Bang (CEO, Bond Desk Group)
David Barry (CEO, Trust Company of America)
Atindra Barua (CEO, TrustFort)
Tony Batman (CEO, 1st Global Capital Corporation)
Chris Battaglia (Publisher, Pensions & Investments)
David Baum (Partner, Investment Products & Services Group, Alston & Bird)
Jon Baum (CEO, The Dreyfus Corporation)
Jud Bergman (CEO, Envestnet)
Jessica Bibliowicz (CEO, National Financial Partners)
Don Black (Business Head, Marketing & Communications, Barron’s)
Chris Blunt (President, Insurance, New York Life Insurance Company)
David Booth (Co-CEO, Dimensional Fund Advisors)
Joe Bottazzi (Chief Communications Officer, Edelman Financial Services)
Tom Bradley (President, Retail Distribution, TD Ameritrade)
Matt Brown (CEO, CAIS Group)
Bruce Cameron (CEO, Berkshire Capital Securities)
Mitch Caplan (CEO, Jefferson National Financial)
Mino Capossela (Chief Investment Officer, Harmony Capital)
James Carney (CEO, By All Accounts)
Mark Casady (CEO, LPL Financial)
Carolyn Clancy (Executive Vice President, Funds Network, Fidelity Investments)
Eric Clarke (President, Orion Advisor Services)
Todd Clarke (President, CLS Investments)
Andrew Clipper (Business Head, North America, Wealth Management Services, Citi Investor Services)
Steve Cohen (Chief Strategy Officer, Pro Funds Group)
Jenn Connelly (CEO, JCPR)
David Conover (President, EverBank Wealth Management)
Tom Corra (Chief Administrative Officer, Fidelity Financial Advisor Solutions, Fidelity Investments)
Valerie Corradini (Co-Business Head, Asset Management, Egon Zehnder International)
Scott Couto (President, Fidelity Financial Advisor Solutions, Fidelity Investments)
Robert Covington (Partner, The Stephens Group)
Trish Cox (Business Head, Schwab Corporate Brokerage Services, The Charles Schwab Corporation)
Bill Crager (President, Envestnet)
Peter Crenier (Business Head, Business Development, Investment Services, Fiserv)
Kevin Crowe (Executive Vice President, Advisor Solutions, SEI Advisor Network)
Ben Cukier (Partner, FTV Capital)
Scott Curtis (President, Raymond James Financial Services)
Ravi Dattani (Partner, Schiavi & Dattani Financial Advisors)
Scott David (Business Head, Third-Party Distribution, T. Rowe Price Group)
Dick Davies (Business Head, Defined Contribution, Americas Institutional, Russell Investments)
Surajeet Deka (Executive Vice President, Sales & Marketing, TrustFort)
Jeff Dekko (CEO, Wealth Enhancement Group)
Stuart DePina (CEO, Tamarac)
Gene Diederich (CEO, Moneta Group Investment Advisors)
Mike DiGirolamo (Business Head, Investment Advisors Division, Raymond James Financial Services)
Lon Dolber (CEO, American Portfolios Financial Services)
Darren Duffy (Global Business Head, Strategy & Business Development, Wealth Management, Thomson Reuters)
Jeffrey Dunham (CEO, Dunham & Associates)
Steve Dunlap (President, Pershing Managed Account Solutions, Pershing)
Mike Durbin (President, Fidelity Institutional Wealth Services)
Ric Edelman (Co-CEO, The Edelman Financial Group)
Mitch Eichen (CEO, The MDE Group)
Tom Embrogno (Executive Vice President, Sales, Docupace)
Jeff Erdmann (Managing Director, Investments, Private Banking & Investments Group, Merrill Lynch)
Mike Everett (Chief Marketing Officer, My Vest Corporation)
Rafay Farooqui (President, CAIS Group)
Tom Finke (CEO, Babson Capital Management)
Rob Foregger (Chief Strategy Officer, Personal Capital Corporation)
Jon Foster (CEO, Angeles Wealth Management)
Greg Franks (Board Member, Snowden Capital Advisors)
Mike Gianoni (Group President, Financial Institutions Group, Fiserv)
Craig Gordon (President, RBC Correspondent & Advisor Services)
Gail Graham (Executive Vice President, Marketing, Fidelity Institutional Wealth Services)
Larry Greenberg (President, Jefferson National Financial)
Joby Gruber (President, American Portfolios Financial Services)
Aaron Guidotti (CEO, Grendel Online)
Stacey Haefele (CEO, HNW)
John Hague (Partner, Alternative Investments & Brokerage Group, McGladrey & Pullen)
Martin Halbfinger (Managing Director, The Halbfinger Millman Group, UBS Wealth Management)
Brian Hamburger (CEO, Market Counsel)
Lori Hardwick (Executive Vice President, Enterprise Sales, Envestnet)
AJ Harper (President, Managed Account Solutions, Pershing)
Bill Harris (Chairman, My Vest & CEO, Personal Capital Corporation)
Steve Hartman (Chief Information Officer, Incapital)
Bob Herrmann (CEO, Discovery Data)
Jonathan Hochberg (President, Hillview Capital Advisors)
Pat Hoffmann (Business Head, Defined Contribution Investment Only Business & Strategic Relationships, Wells Fargo Distributor)
Bob Huret (Founding Partner, FTV Capital)
Jill Iacono (Business Head, Strategic Accounts, Intermediary Business Group, State Street Global Advisors)
Roger Ibbotson (Professor, Finance, Yale School of Management)
Chandresh Iyer (Global Business Head, Investment Administration Services, Citigroup Global Transaction Services)
Dwight Jacobsen (Executive Vice President, Intermediary Distribution, The Dreyfus Corporation)
Peter Jantzen (Executive Vice President, Global Sales, Vestmark)
Tom Johnson (Business Head, Business Development, Investments Group, New York Life Insurance Company)
Fred Jonske (CEO, M Financial Group)
Tif Joyce (President, Joyce Financial Management)
Jamie Kase (Executive Vice President, Global Sales & Marketing, State Street Global Advisors)
Mark Katzelnick (Chief Operations Officer, Fidelity Institutional)
Meg Kelleher (Executive Vice President, Sales & Relationship Management, Fidelity Institutional Wealth Services)
Dan Kern (President, Advisor Partners)
Michael Kim (Executive Vice President, Genworth Financial Wealth Management)
Rob Klapprodt (President, Vestmark Software)
Michael Krainos (Managing Director, Sandler, O'Neill, & Partners)
Regina Lahsin (Chief Marketing Officer, HighTower)
John Lame (CEO, Lenox Wealth Management)
Dick Lampen (CEO, Ladenburg Thalmann Financial Services)
Stephen Langlois (Chief Administrative Officer, National Financial Services)
David Lau (Chief Operating Officer, Jefferson National Financial)

Bruce Levitus (Business Head, Investment Advisory Services, Advisor Group, American International Group (AIG))
Chuck Lewis (CEO, My Vest Corporation)
Sarah Libbey (President, Fidelity Charitable Gift Fund)
John Lipori (Executive Vice President, BNY Mellon Wealth Management)
Steve Lundquist (Business Head, RIA Channel, JP Morgan Funds Management)
John Lunny (CEO, Vestmark)
Matt Lynch (Principal, Tiburon Strategic Advisors)
Rob Major (CEO, Asset Book)
Adam Malamed (Chief Operating Officer, Ladenburg Thalmann & Company)
Owen Malcolm (President, Sanders Financial Management)
Matt Mamak (Partner, Investment Products & Services Group, Alston & Bird)
Gerry McGraw (President, Fidelity Institutional)
Brian McLaughlin (CEO, Redtail Technology)
Jon Meyer (Principal, Stockbridge Investors)
Steve Meyer (President, Investment Manager Services, SEI Investments)
John Michel (CEO, Consumer Wealth, Bloomberg)
Sanjiv Mirchandani (President, National Financial Services)
Viggy Mokkarala (Executive Vice President, Sales & Client Service, Envestnet)
Rob Mooney (CEO, Snowden Capital Advisors)
Ed Moore (President, Edelman Financial Services)
Randy Moore (Partner, Financial Services & Products Group, Alston & Bird)
Robert Moore (Chief Financial Officer, LPL Financial)
Bruce Morris (Executive Vice President, Banking & Corporate Groups, Source Media)
John Morris (Managing Partner, Snowden Capital Advisors)
Joe Mrak (CEO, Folio Dynamix)
Don Mueth (Chief Financial Officer, Asset Consulting Group)
Andrew Mulderry (Business Head, Private Equity, Willett Advisors)
Jerry Murphy (CEO, FSC Securities Corporation)
John Murray (Chief Information Officer, Genworth Financial Wealth Management)
Cheryl Nash (President, Investment Services, Fiserv)
Brian Nielsen (President, Northern Lights Distributors)
Bill O'Conor (Executive Vice President, Financial Services Group, Penton Media)
Steve Onofrio (Senior Managing Director, Sales & Service, SEI Advisor Network)
Bob Oros (Executive Vice President, Sales & Relationship Management, Fidelity Institutional Wealth Services)
Bob Padgette (Founder, Klein Decisions)
Heeren Pathak (Chief Technology Officer, Vestmark)
Jim Patrick (Business Head, High Net Worth Advisory Business, Envestnet)
David Penn (Executive Vice President, Wealth Management, Janney Montgomery Scott)
Shirl Penney (CEO, Dynasty Financial Partners)
Craig Pfeiffer (President, Hohting Group)
Steven Piaker (Partner, Financial Partners Fund, Citi Capital Advisors)
James Poer (President, NFP Advisor Services Group, National Financial Partners)
Laura Pollard (Executive Vice President, Fidelity ActionsXchange)
Alex Potts (CEO, Loring Ward Group)
Scott Powers (CEO, State Street Global Advisors)
Andy Putterman (CEO, Fortigent)
Matt Rady (Business Head, Banking & Financial Services Group, Macquarie Group)
Arvind Ramnani (Business Head, US Technology Equity Research, UBS)
Luis Restrepo (Co-CEO, Religare Capital Markets)
Bob Reynolds (CEO, Putnam Investments)
George Riedel (Business Head, Intermediary Distribution, T. Rowe Price Group)
Neal Ringquist (President, Advisor Software)
Andrew Rogers (President, Gemini Fund Services)
Larry Roth (CEO, Advisor Group, American International Group (AIG))
Myra Rothfeld (Chief Marketing Officer, Genworth Financial Wealth Management)
Rebecca Rothstein (Managing Director, Morgan Stanley Private Wealth Management)
Andrew Rudd (CEO, Advisor Software)
Kevin Ruth (CEO, UBS Financial Services Insurance Agency, UBS Financial Services)
Bill Salus (Executive Vice President, Asset Servicing, The Bank of New York Mellon Corporation)
Emily Sanders (CEO, Sanders Financial Management)
Rich Santos (Group Publisher, Registered Rep & Trust & Estates, Penton Media)
Michael Sapir (CEO, Pro Funds Group)
Cathy Saunders (Business Head, RIA Business, Putnam Investments)
Matt Schiffman (Business Head, Global Marketing, Legg Mason)
Mike Schott (Group Publisher, Source Media)
Eric Schwartz (CEO, 76 West Holdings)
Skip Schweiss (President, TD Ameritrade Trust Company)
Dan Seivert (CEO, Echelon Partners)
Maggie Serravalli (Executive Vice President, Client Experience, Fidelity Institutional)
Sarat Sethi (Vice Chairman, Douglas Lane & Associates)
Ryan Shanks (CEO, Finetooth Consulting)
Austin Shapard (President, Rockefeller Financial Services)
Brandon Sharrett (Business Head, Global Sales Organization, Investment Services, Fiserv)
Sterling Shea (Business Head, Advisory & Wealth Management Programs, Barron's)
Ian Sheridan (Business Head, IRA & Retirement Income, DST Retirement Solutions)
Stuart Silverman (CEO, Fusion Advisor Network)
Babu Sivadasan (Executive Vice President, Engineering & Product Development, Envestnet)
David Smith (Founding Publisher, Financial Advisor & Private Wealth Magazines, Charter Financial Publishing Network)
Cliff Stanton (Chief Investment Officer, Prima Capital Management)
Anne Steer (Executive Vice President, Relationship Management, Dwight Asset Management Company)
Jon Stern (Partner, Berkshire Capital Securities)
Charlie Stroller (CEO, Charter Financial Publishing Network)
Jim Stueve (President, RidgeWorth Investments)
Ram Subramaniam (Business Head, Products, TD Ameritrade)
Leslie Swid (Executive Vice President, Impact Communications)
Marie Swift (CEO, Impact Communications)
Camille Taglia (Executive Vice President, Market Research & Business Development, Barron’s)
Todd Thomson (Chairman, Dynasty Financial Partners)
Oleg Tishkevich (CEO, Finance Logix)
Leno Toich (Co-CEO, Informa Investment Solutions)
Don Trone (CEO, 3 Ethos)
Frank Trotter (President, EverBank Direct)
Mitch Vigeveno (CEO, Turning Point)
Greg Vigrass (CEO, Folio Institutional, Foliofn)
Lac Vuong (Co-CEO, Informa Investment Solutions)
Gib Watson (CEO, Prima Capital Management)
Elliot Weissbluth (CEO, HighTower)
Scott Welch (Senior Managing Director, Investment Research & Strategy, Fortigent)
Tim Welsh (CEO, Nexus Strategy)
Steve Wershing (CEO, The Client Driven Practice)
Janine Wertheim (President, Securities America Advisors, Securities America)
Al West (CEO, SEI Investments)
Tim Whiting (Group Publisher, Source Media)
Craig Wietz (President, First Rate Investment Systems)
Michael Winnick (Business Head, Strategic Partnerships & US Intermediary Distribution, Russell Investments)
Wayne Withrow (Executive Vice President, Investment Advisor Network, SEI Investments)
Doug Wolford (President, Convergent Wealth Advisors)
Mike Woods (CEO, DWS Investments Distributors)
Derek Young (Vice Chairman, Pyramis Global Advisors, Fidelity Investments)
Paul Zettl (Business Head, Institutional Marketing and Corporate Sponsorships & Events, TD Ameritrade Institutional)

Media Representatives

Tiburon was also pleased to welcome the following 25 journalists who attended specific sessions at Tiburon CEO Summit XXII:

Matt Ackermann (Video Producer, Source Media)
Dave Armstrong (Managing Editor, Registered Rep)
Diana Britton (Staff Writer, Registered Rep)
Lee Conrad (Managing Editor, Bank Investment Consultant)
Bruce Fraser (Financial Writer & Editorial Consultant, Bruce Fraser Communications)
Dina Hampton (Managing Editor, RIA Biz)
Sean Hanna (Editor-in-Chief, Investment Wires)
Joe Giannone (Senior Correspondent, Wealth Management, Thomson Reuters)
Hilary Johnson (Contributing Writer, RIA Biz)
Lorie Konish (Senior Editor, On Wall Street)
Mariana Lemann (Reporter, Ignites)
John McCormick (Group Editorial Director, Source Media)
Fran McMorris (Editor-in-Chief, On Wall Street)
Donna Mitchell (Senior Editor, Financial Planning Magazine)
Helaine Olen (Reporter, Helaine Olen)
Charlie Paikert (US Correspondent, Family Wealth Report)
April Rudin (Wealth Marketing Writer, Huffington Post)
Greg Shulas (Interactive Editor, Fund Fire)
Evan Simonoff (Executive Editor, Financial Advisor Magazine)
Tom Stabile (Associate Editor, Fund Fire)
Jessica Toonkel (Reporter, Thomson Reuters)
Halah Touryalai (Staff Writer, Forbes)
Hung Tran (Editor, Money Management Executive)
Scott Wenger (Editorial Director, Source Media)
Jason Wesalo (Digital Production Manager, WealthManagement.Com)


Tiburon CEO Summit Video Highlights Some representative Tiburon CEO Summit videos are included below:

		Jon Baum (CEO, The Dreyfus Corporation) discusses client service with media representatives who attended Tiburon CEO Summit XVIII
Tiburon Managing Partner Chip Roame discusses highlights of Tiburon's signature keynote speech The Future of Advice with media representatives who attended Tiburon CEO Summit XVIII
	Tiburon Managing Partner Chip Roame discusses product trends with media representatives who attended Tiburon CEO Summit XVIII	Jim McCool (Executive Vice President, The Charles Schwab Corporation) discusses employer support for retirement plans with media representatives who attended Tiburon CEO Summit XVIII
Tiburon Managing Partner Chip Roame discusses wirehouse trends at Tiburon CEO Summit XIV		Gib Watson (CEO, Prima Capital Management) discusses passive versus active investment strategies at Tiburon CEO Summit XVIII

Prior Tiburon CEO Summits As noted above, details on prior Tiburon CEO Summits are also available here: Prior Tiburon CEO Summit, 2010-2011, 2008-2009, 2006-2007, 2004-2005, & 2001-2003.