November 3, 2017

Tiburon Research Call:
Socially Responsible Investing & Impact Investing: November 9, 2017

Tiburon is pleased to announce that the next Tiburon Research Call will be on Socially Responsible Investing & Impact Investing. It will be held Thursday, November 9, 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:
Alternative Investments & Hedge Funds: November 2, 2017

Tiburon is pleased to provide Tiburon CEO Summit sponsor and Tiburon member employees that missed this week's Tiburon Research Call on Alternative Investments & Hedge Funds with access to the recording on the Tiburon web site by clicking the link below and log in 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. An informational call will be held on Monday, November 27, 2017. The final date to sign up for Tiburon Impact Adventure 2.0 is December 15, 2017. If you would like to RSVP for the informational call, or would like more information, please email Craig Wietz (President, First Rate). If you know someone who would be interest in participating, please feel free to forward these details.

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).


Tiburon CEO Summit XXXIII Keynote Presentation Day #2 Overview:
October 11, 2017

Tiburon Strategic Advisors and its Managing Partner Chip Roame presented the Tiburon CEO Summit XXXIII Day #2 Keynote Presentation on wealth management industry strategic activity. The purpose of this presentation was to set a discussion agenda for critical strategic industry activity, including profitability & valuations; venture capital & minority growth equity investing; initial & secondary public offerings; mergers & acqusitions (including controlling private equity investments); & activism. Along with the more comprehensive Tiburon research document addressing financial services industry investment opportunities, this presentation offers a broad overview of such investment opportunities.

Tiburon's CEO Summits provide a unique opportunity for a select cross-industry group of senior executives to discuss a broad swath of issues regarding the future of the banking, insurance, brokerage, & investment management businesses. Tiburon's CEO Summits likely provide one of the only true forums where financial services industry CEOs from across traditional industry silos gather to discuss business opportunities. The list of business relationships resulting from prior Tiburon CEO Summits is impressive.

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 XXXIV, 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 XXXIV, please email Sarah Sage.


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:

Hedge Funds: The Emergence of Quantitative Strategies & Big Data

Tiburon is pleased to highlight its research on Hedge Funds. The purpose of this research is to provide readers with a comprehensive understanding of hedge funds, an industry which continues to grow rapidly despite relatively poor overall absolute & relative investment returns. This research analyzes hedge funds data by product structure and investment strategy, and offers a series of future predictions for hedge funds. This research is incorporated into TIburon's research on financial alterantive investments and its broader coverage of alternative investments.

This research begins with a situational analysis, including growth in popularity; reasons gained popularity; & reasons being challenged.

This research addresses the four historical phases of hedge funds, including the emergence phase; strategy diversification phase; rapid growth phase; & retrenchment phase.

This research summarizes the market growth and highlights the leading hedge fund managers. This research defines product structure segments, including: hedge funds (United States hedge funds & non-United States hedge funds) and hedge funds-of-funds.

This research defines key investment strategy segments, including equity hedge fund strategies; arbitrage or relative value hedge fund strategies; event driven hedge fund strategies; & global macro hedge fund strategies.

This research defines four markets & distribution channels, including United States high net worth consumers; non-United States high net worth consumers; endowments & foundations; & defined benefit plans & defined contribution plans.

And this research makes several future predictions for hedge funds, including moderate hedge funds market growth; rapid growth of quantitative strategies; rapid rise of big data opportunities; continual activists headlines; industry maturization & concentration of net flows; declining fees; moderate success of liquid alternatives; emergence of alternative investments platforms; & consolidation of the hedge funds business.

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 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 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 Market Seminars

Tiburon is able to deliver detailed presentations and/or actively participate in detailed conversations on a wide range of products and markets within the banking, insurance, brokerage, and investment management markets without significant lead time. This ability is based upon both the depth of its existing written industry knowledge (over 1,900 topics and 500,000 PowerPoint charts and graphs) and its broad CEO-level industry contacts. As a result, Tiburon Market Seminars have become ideal for clients which need a quick and yet thorough understanding of industry dynamics and leading players in growing markets. This is also an ideal low-cost method for new Tiburon clients to tap into the firm's years of industry experience and prior research efforts. If you are interested in scheduling a Tiburon Market Seminar, please email Sarah Sage.


Tiburon Job Openings

Tiburon Strategic Advisors has two exciting new job opportunities for entry level employees who want front line experience. Tiburon is specifically looking to fill two marketing roles for client communications & digital marketing. Tiburon’s client communications analyst’s core responsibilities will include managing the company’s growing inbound & outbound service & sales efforts. Tiburon’s digital marketing analyst’s core responsibilities will include managing the firm’s substantial online presence through weekly research releases, web site updates & redesign, and social media efforts. All new Tiburon employees will assimilate by learning key fundamental skills of library management, database building, and research production by rotating through such activities while assuming ongoing job duties. Tiburon will pay for overtime (meaning the jobs are non-exempt) and initial compensation for these roles is expected to average $58K-$83K depending on the amount of overtime. Tiburon offers health care insurance, personal time off (PTO), paid charitable opportunities, team lunches, birthday & work anniversary holidays, and similar benefits. High performers in all areas will be able to interact with Tiburon's CEO-level clients at its semi-annual Tiburon CEO Summits (the next of which is April in New York, NY at the Ritz Carlton Hotel).

Tiburon clients should feel free to forward these job openings to interested candidates. Interested candidates should email Sarah Sage with their resume and a short cover letter addressing how their skills would meet Tiburon’s needs.


Tiburon Media Coverage

Tiburon was quoted recently in Financial Planning's article titled What does the HighTower-PE deal mean for RIAs? The article asks what does HighTower Advisors' $100 million recapitalization deal with private equity firm Thomas Lee Partners mean for the financial advisory business? Article quotes Tiburon saying, "When considering the terms of the deal, does a buyer get any preferred product distribution rights?"

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.