October 6, 2017

Tiburon CEO Summit XXXIII:
October 9-11, 2017 Final Speaker Lineup

Tiburon is pleased to share the final speaker lineup for the upcoming Tiburon CEO Summit XXXIII, which will be held on October 9-11, 2017, at the Ritz Carlton Hotel in San Francisco, CA.

Tiburon's CEO Summit attendees will enjoy over 40 CEO-level speakers discussing the industry's hottest topics. Along with Tiburon's Managing Partner Chip Roame, Tiburon CEO Summit XXXIII will include speakers Joe Mansueto (Executive Chairman, Morningstar), Cooper Abbott (President, Carillon Tower Advisors), Blaine Aikin (Executive Chairman, fi360), Anil Arora (CEO, Envestnet Yodlee), Mark Beeston (Founding Partner, Illuminate Financial Management), Vivina Berla (Co-Managing Partner, Sarona Asset Management), Phyllis Borzi (Former Assistant Secretary, Employee Benefits Security Administration, Labor Department, United States of America), Dave Butler (Co-CEO, Dimensional Fund Advisors), Eric Cantor (Vice Chairman, Moelis & Company), Margo Cook (President, Nuveen Advisory Services), Walter Cruttenden (Co-Founder, Acorns), Robert DeChellis (Chairman, Insured Retirement Institute (IRI)), Stuart DePina (President, Envestnet Tamarac), Colin Falls (President, GeoWealth Management), Rob Foregger (Co-Founder, NextCapital Group), Tim Freundlich (President, ImpactAssets), Nick Good (Co-Business Head, SPDR Business, State Street Global Advisors), Bob Guillocheau (CEO, Ascensus), Jan Hier-King (Co-Founder, Bicycle Financial), Tif Joyce (President, Joyce Financial Management), Kunal Kapoor (CEO, Morningstar), Rick Lacaille (Global Chief Investment Officer, State Street Global Advisors), Vincenzo LaRuffa (Partner, Aquiline Capital Partners), Liz Michaels (CEO, ESG & SRI, Aperio Group), Joe Mrak (CEO, FolioDynamix), Ed O'Brien (CEO, eMoney Advisor), Bob Oros (CEO, HD Vest Financial Services), Stuart Parker (CEO, PGIM Investments, Prudential Financial), Alex Rampell (Partner, Andreessen Horowitz), Simon Roy (CEO, Jemstep), Dave Ryan (President, California, Upton Financial Group), Schwark Satyavolu (Partner, Trinity Ventures), Drew Sievers (CEO, Trizic), Babu Sivadasan (President, Envestnet Retirement Solutions), Laurel Taylor (CEO, FutureFuel.IO), Jason Thomas (CEO, Savos Investments), Bill Van Law (President, Investment Advisors Division, Raymond James Financial), Ken Weise (CEO, Sonoma County Wealth Advisors), Dave Welling (CEO, Mercer Advisors), & Kim Wright-Violich (Managing Partner, Tideline).

If you are a CEO, other C-level executive, executive vice president, or partner at a Tiburon CEO Summit sponsor or Tiburon member and would like to participate in Tiburon CEO Summit XXXIII, please email Tiburon's Managing Partner Chip Roame. If you are a CEO, other C-level executive, executive vice president, or partner at a firm that is not yet a Tiburon CEO Summit sponsor or Tiburon member and interested in becoming a Tiburon client to attend Tiburon CEO Summit XXXIII, please email Sarah Sage.


Tiburon Research Call:
Tiburon CEO Summit XXXIII Day #1
Keynote Presentation: October 12, 2017

Tiburon is pleased to announce that the next Tiburon Research Call will be on the Tiburon CEO Summit XXXIII Day #1 Keynote Presentation. It will be held Thursday, October 12, 2017 at 10:00am PT. All employees from Tiburon CEO Summit sponsors and Tiburon members, as well as media representatives who cover Tiburon Research, are invited to join this call with Tiburon Managing Partner Chip Roame. This is one of over 40 Tiburon Research Calls set for this year. To see the full Tiburon Research Calls calendar, please click here.

If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and would like to listen to this call, please email Lupita Uribe to RSVP. If you are an employee at a firm that is not yet a Tiburon CEO Summit sponsor or Tiburon member and would like to become a Tiburon client to obtain access to Tiburon Research Calls, please email Sarah Sage.


Prior Tiburon Research Call:
The Future of Wealth Management:
September 28, 2017

Tiburon is pleased to provide Tiburon CEO Summit sponsor and Tiburon member employees that missed this week's Tiburon Research Call on The Future of Wealth Management with access to the recording on the Tiburon web site by clicking the link below and loging in with one's username & password.

If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and need your username & password to access this Tiburon Research Call, please email Lupita Uribe. If you are an employee at a firm that is not yet a Tiburon CEO Summit sponsor or Tiburon member and would like to become a Tiburon client to obtain access to Tiburon Research Calls, please email Sarah Sage.


Tiburon Impact Adventure 2.0:
Mexico, January 27-28, 2018

Tiburon Managing Partner Chip Roame and Tiburon clients Scott Hanson (Co-CEO, Hanson McClain) & Craig Wietz (President, First Rate) will lead Tiburon Impact Adventure 2.0 to build houses in San Antonio Del Mar, Mexico on January 27-28, 2018. The group will partner with an organization that has been building homes for the homeless in Mexico for over twenty years, which believes that in two days, you can make a lifetime impact for a family. For more information, please email Craig Wietz (President, First Rate).

Tiburon Impact Adventure 1.0 was led by Tiburon Managing Partner Chip Roame and Tiburon clients Ben Cukier (Managing Partner, Centana Growth Partners), Scott Hanson (Co-CEO, Hanson McClain), & Aaron Klein (CEO, Riskalyze) in Ethiopia on January 15-18, 2017. While on the Tiburon Impact Adventure, the group spent a couple of days on-site at an Ethiopian school, as well as in Addis Ababa. Tiburon Impact Adventure 1.0 raised over $100,000 for the construction of a fifth through eighth grade classroom building in the village of Adami Tulu, and the group hopes to complete fundraising & start construction in 2018. To learn about the results of Tiburon Impact Adventure 1.0, please email Aaron Klein (CEO, Riskalyze).

Tiburon Impact Adventures are intended to connect first world finance with developing world needs. If you are interested in the Tiburon Impact Adventures generally, would like to propose a future Tiburon Impact Adventure, and/or in wish to inquire about taking part in future Tiburon Impact Adventures, please email Scott Hanson (Co-CEO, Hanson McClain).


Skip & Chip's Excellent Adventure 7.0:
South Central Alaska, August 5-9, 2018

Tiburon Managing Partner Chip Roame and Tiburon client Skip Schweiss (President, TD Ameritrade Trust Company) will co-lead the annual Skip & Chip’s Excellent Adventure on August 5-9, 2018 to South Central Alaska. On the surrounding days, the group will kayak & mountain bike in Alyeska, the Lost Lake Trail, & Seward, Alaska. For more information, please email Skip Schweiss (President, TD Ameritrade Trust Company).

Skip & Chip's Execellent Adventure 6.0 was co-led by Tiburon Managing Partner Chip Roame and Tiburon client Skip Schweiss (President, TD Ameritrade Trust Company) on July 9-13, 2017 in Kauai. While on Skip & Chip's Excellent Adventure 6.0, the group hiked the Kalalau Trail in-and-out for a total of 22 miles & kayaked the seventeen miles along the Napali Coast. To view the Skip & Chip's Excellent Adventure 6.0 photo gallery, please click here. To read Skip Schweiss's article reviewing Skip & Chip's Excellent Adventure 6.0 at RIA Biz, please click here. To learn about the results of Skip & Chip's Excellent Adventure 6.0, please email Alex Potts (CEO, Loring Ward Group).

Skip & Chip's Excellent Adventure 7.0 will be the seventh in the series of adventures, in which participants have reached the tops of Mount Whitney & Mount Shasta, traversed the Grand Canyon, summited Half Dome in Yosemite, and completed both the Kalalau Trail in Kauai & the Four Pass Loop outside of Aspen, CO. The annual outing combines a challenging outdoor adventure with a fun weekend together. If you are interested in the Skip & Chip's Excellent Adventures generally, would like to propose a future Excellent Adventure, and/or would like to inquire about taking part in a future Excellent Adventure, please email Skip Schweiss (President, TD Ameritrade Trust Company).


Tiburon Written Research:

The Future of Wealth Management:
Defining the Winning Product, Channel,
& Tactical Strategies

Tiburon is pleased to highlight its research on The Future of Wealth Management. The purpose of this research is to provide readers with a comprehensive understanding of the future of the banking, insurance, brokerage, & investment management businesses. In short, this research defines the future of financial services (with a specific focus on the fast growing wealth management business). The research begins by addressing some broadly debated issues, including financial services firms' role in the economy; the oligopoly trend; government backstops & the too-big-to-fail debate; governance issues including built in conflicts & moral hazard; the increasingly important shadow banking system; and increasing cross-border issues as Asian & other state controlled financial institutions gain global market share and have varying regulations.

The core of the research starts by addressing the key driving factors of the economy & markets, natural disasters, world affairs, financial services industry stumbles, consumer & institutional wealth, and the legislative & regulatory environment. The research then outlines the four types of financial products & services, including investable assets, lending services, insurance products, & wealth management services, with a focus on three key growth areas - ETFs & indexing, payments, & wealth management services. The research continues with an overview of the four core markets & distribution channels, including direct distribution, financial advisor channels, institutional markets, & international markets, with a focus on the likely winning markets & distribution channels (namely discount brokerage firms, fee-based financial advisors, & emerging markets). The research also addresses five financial services industry winning tactics, including defining target markets, developing sales & marketing strategies, leveraging technology & outsourcing, developing appropriate staffing & compensation models, and developing winning firm cultures. And the research concludes by defining the most exciting financial services industry investment opportunities, including those in venture capital, private equity, & public securities.

This research addresses the three historical phases of the financial services industry, including emergence phase; financial product development phase; markets & distribution channels development phase; & maturization phase.

This research outlines the state of the financial services industry, including key driving factors; products & services; markets & distribution channels; FSI winning tactics; FSI investment opportunities; & FSI strategic advisors.

And this research makes numerous predictions for the future of financial services, including rapid growth in the financial services industry; continued growth in shadow banks; end of trend toward universal banks; transformation of role of banks in new financial intermediary model centered on securitization; importance of interest rates to both savers & financial services firms; increasing regulations but unsuccessful movement to break up the largest financial institutions; continued focus on retirement income & more risk adverse consumers; emergence & importance of women & Gen X consumers; emergence of unbanked consumers in emerging markets; decline in importance of investment banking & growth in importance of wealth management business; digitization of delivery & maturization of the role of financial advisors; emergence of institutionalized sales & marketing, technology & outsourcing, and staffing & compensation tactics; & recovering financial services industry public & private investing opportunities.

If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and need your username & password to access Tiburon's Written Research, please email Lupita Uribe. If you are an employee at a firm that is not yet a Tiburon CEO Summit sponsor or Tiburon member and would like to become a Tiburon client to obtain access to Tiburon Written Research, please email Sarah Sage.


Tiburon Written Research:

Envestnet:
A Leading Wealth Management Technology
& Investment Management Platform

Tiburon is pleased to highlight its research on Envestnet. Envestnet was founded by Jud Bergman, Jim Lumberg, & Brandon Thomas in 1999. The firm is based in Chicago, IL. Envestnet has fourteen offices, 2,665 employees, $578.2 million gross revenues, $579.4 million adjusted revenues, $99.4 million adjusted EBITDA, & $43.6 million adjusted net profits. The company is led by its CEO Jud Bergman, Vice Chairman Anil Arora, President Bill Crager, & Chief Operating Officer Josh Mayer. Envestnet is a public company trading on the New York Stock Exchange under the symbol ENV.

Envestnet's comprehensive Power Point deck below includes a synopsis of its history, including its key phases: core acquisitions & key alliances phase; initial public offering phase; business expansion phase. Its profile includes the key statistics of the firm, including its number of offices, employees, gross revenues, adjusted revenues, adjusted operating income margin, non-operating income, EBITDA, adjusted EBITDA, & adjusted net profit margin. Its profile includes detailed outlines of its core businesses, including Envestnet Enterprise (advisor suite; Envestnet PMC; licensing) & Envestnet Yodlee.And its profile concludes with the highlights of its organizational structure & ownership.

If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and need your username & password to access Tiburon Written Research, please email Lupita Uribe. If you are an employee at a firm that is not yet a Tiburon CEO Summit sponsor or Tiburon member and would like to become a Tiburon client to obtain access to Tiburon Written Research, please email Sarah Sage.


Recent Tiburon Research Calls

Tiburon is pleased to provide all employees at Tiburon CEO Summit sponsors & Tiburon members with access to Tiburon Research Calls led weekly or bi-weekly by Tiburon Managing Partner Chip Roame. To listen to recent Tiburon Research Calls, click the link below for your topic of interest, and enter your Tiburon username & password:

If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and need your username & password to listen to recent Tiburon Research Calls, please email Lupita Uribe. If you are an employee at a firm that is not yet a Tiburon CEO Summit sponsor or Tiburon member and would like to become a Tiburon client to obtain access to Tiburon Research Calls, please email Sarah Sage.


Recently Posted Tiburon Written Research

Tiburon is pleased to provide all employees at Tiburon CEO Summit sponsors & Tiburon members with access to Tiburon's Written Research library of 1,900+ topics and profiles. To access Tiburon Written Research, click the link below for your topic of interest, and enter your Tiburon username & password:

Topics

Profiles

If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and need your username & password to access Tiburon Written Research, please email Lupita Uribe. If you are an employee at a firm that is not yet a Tiburon CEO Summit sponsor or Tiburon member and would like to become a Tiburon client to obtain access to Tiburon Written Research, please email Sarah Sage.


Tiburon Membership Program

At the suggestion of numerous Tiburon clients, Tiburon created a member service allowing unlimited access to all Tiburon Written Research for all of a firm's employees for an entire calendar year for only $25,000. Tiburon added the Tiburon Research Calls & Tiburon CEO Summits, and now refers to these as Tiburon membership. This service has helped dozens of Tiburon clients to consolidate their research needs & budgets. Tiburon Written Research allows Tiburon clients to utilize the Tiburon research library web page as their personal industry knowledge library across all of their employees. Tiburon's Written Research currently includes 1,900+ topics. Tiburon's research strategy is to ultimately write and continuously refine research offerings covering every substantial financial services industry market segment (and prominent firm) so that the research can then serve as a comprehensive library of financial services data, analysis, & opinions for Tiburon members. Tiburon attempts to publish research on at least ten additional topics each week. Many are simply updates but all lead the firm closer to its goal of comprehensive research. If you are interested in becoming a Tiburon member, please email Sarah Sage.


Tiburon Media Coverage

Tiburon was quoted recently in the Investment News' article titled HighTower Faces Pressure to Let Investors Cash Out. The article said HighTower Advisors CEO Elliot Weissbluth built one of the biggest wealth advisor networks in the United States. Article quotes Tiburon saying that early angel investors and venture capital firm backers likely want liquidity, with three likely scenarios, including an initial public offering, take out by a larger private equity firm, or strategic acquisition.

Tiburon executives have been quoted quite extensively throughout the industry and general media. 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) can be found at the link below. 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. If you are a media representative interested in covering Tiburon, please email Sarah Sage.