November 10, 2017

Tiburon Research Call:
College Savings Market: November 16, 2017

Tiburon is pleased to announce that the next Tiburon Research Call will be on College Savings Market. It will be held Thursday, November 16, 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:
Socially Responsible Investing & Impact Investing: November 9, 2017

Tiburon is pleased to provide Tiburon CEO Summit sponsor and Tiburon member employees that missed this week's Tiburon Research Call on Socially Responsible Investing & Impact Investing 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: October 9-11, 2017, Featured Prior Tiburon Award Recipient & Morningstar Executive Chairman Joe Mansueto

Tiburon is pleased to share that Tiburon CEO Summit XXXIII, which was held at the Ritz Carlton in San Francisco, CA on October 9-11, 2017, included prior Tiburon Award Recipient Joe Mansueto (Executive Chairman, Morningstar) and Kunal Kapoor (CEO, Morninstar) discussing their management transition in a Tiburon Fireside Chat. Joe Mansueto founded Morningstar in 1984. Mr. Mansueto received the 2007 Skip Viragh Award, sponsored by Rydex Investments & Financial Advisor magazine, which recognizes new & innovative services that positively impact the financial advisor community. Mr. Mansueto also received the 2007 Visionary Award and was one of ten winners of the 2007 Chicago Innovation Award, sponsored by the Chicago Sun-Times and Kuczmarski & Associates. In 2007, Smart Money magazine recognized Mr. Mansueto in the Smart Money Power 30, its annual list of the top 30 most powerful forces in business & finance. He received the Distinguished Entrepreneurial Alumnus Award from the University of Chicago Graduate School of Business in 2000. He received the KPMG Peat Marwick High Tech Entrepreneur of the Year Award in 1993 and won the Rosenthal Award for Excellence in Investment Research from the University of Chicago in 1992. Before founding Morningstar, Mr. Mansueto was a securities analyst at Harris Associates.

Mr. Mansueto's recent comments have included:

  • "I started Morningstar because I love investing and wanted to build something around my passion. I did not know how to build a company; I have learned how to grow a company in the last thirty years and learned those professional management skills along the way. My vision was to build a big, enduring company. I was well aware of what happens to most entrepreneurs."
  • "The real enjoyment is the incremental. I get tremendous pleasure from watching our methodology improve."
  • "We put investors interests above our own in everything we do."
  • "Good advice is effective in helping someone reach their goal, making sure it is appropriated in terms of risk level and appetite."
  • "Good advice can be delivered online. The really exciting thing is that millions more people will be served."
  • "We put a lot of thought into our management transition (from me to Kunal), and we had the luxury of time. We had weekly meetings on how to make this work, and announced it on Labor Day and answered questions at each location. I don’t think we’ve missed a beat and it has worked out very well."

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:

Socially Responsible Investing & Impact Investing: An Emerging Investment Strategy Favored by Many New Investors,
Including Some Women & Millenials

Tiburon is pleased to highlight its research on Socially Responsible Investing & Impact Investing. The purpose of this research is to provide readers with a comprehensive understanding of two rapidly growing areas of investing, including socially responsible investing & impact investing. This research is part of Tiburon's wealth management series that includes other trending areas, including financial planning, college savings plans, index investing, tax conscious investing, islamic finance, estate planning, reverse mortgages, & life settlements.

This research begins with an analysis of the success of two traditional positive social change methods (government aid & charitable contributions). The research further defines the overlapping terms of socially responsible investing; environmental, social, & governance investing; and impact investing, and then addresses the possible investment objectives, including financial first, double bottom line, & impact first. The research analyzes the market situtation, including consumers' & institutional investors' levels of interest, and then outlines the drivers (women, millennials, & defined contribution plans) and the key constraints (lack of clear definitions; investing versus charity philosophies; lack of proven investment performance; & need for broader distribution).

This research addresses the four historical phases of socially responsible investing & impact investing, including the socially responsible investing emergence phase; environmental, social, & governance investing emergence phase; impact investing emergence phase; & maturation phase.

This research defines multiple investment vehicles, including packaged products (mutual funds & exchange traded funds (ETFs)) and separately managed accounts.

This research addresses the four markets & distribution channels, including direct distribution; financial advisor channels; institutional markets; & international markets.

This research defines a variety of screens & investable areas, including socially responsible investing (alcohol; birth control; catholic values; climate change; community development; fossil fuels; gambling; guns; islamic values; labor violations; pollutors; tobacco; vice; women's empowerment; & worker safety) & impact investing (affordable housing; clean technology; community development lending; crime & prison reform; education & charter schools; healthcare; homelessness; job training; microfinance; pollution prevention; pro-environment; repressed minorities; & sustainable agriculture).

And this research makes several future predictions for the socially responsible investing & impact investing market, including substantial socially responsible investing & impact investing market growth and expanding distribution into financial advisor channels & retirement plans market.

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:

Hanson McClain Group: A Sacramento, CA Financial Advisory Firm with Strengths in Marketing & Operational Processes

Tiburon is pleased to highlight its research on Hanson McClain Group. Hanson McClain Group was founded as Hanson McClain by Scott Hanson & Pat McClain in 1993 and is based in Sacramento, CA. The firm has 50 employees. Hanson McClain Group is led by its Co-CEOs Scott Hanson & Pat McClain and President Steve Burnett.

Hanson McClain Group's comprehensive Power Point deck includes a synopsis of its history, including its key phases: Hanson McClain Advisors phase; Hanson McClain Retirement Network expansion phase; business institutionalization phase. Its profile includes the key statistics of the firm, including its number of employees, revenues, expenses, & net profits.

Its profile includes detailed outlines of its core businesses: Hanson McClain Advisors; Hanson McClain Retirement Network; & Pathway Strategic Advisors. 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 CEO Summit Sponsorship

Tiburon holds the Tiburon CEO Summits at the Ritz Carlton Hotels in New York, NY & San Francisco, CA due to the incredible demand from a large number of its executive-level clients to attend the Tiburon CEO Summits. Dozens of Tiburon clients, including Advent Software, AdvisorEngine, Advisor Software, Allianz, Apex Clearing Corporation, Aquiline Holdings, AssetMark, Axa Advisors, BrightScope, Brinker Capital, Centana Growth Partners, CFRA Research, Charles Schwab, Discovery Data, Docupace Technologies, DST Market Services, Envestnet, Fi360, Fidelity Investments, First Rate, FTJ FundChoice, FTV Capital, Genstar Capital, InvestCloud, Lovell Minnick Partners, MyVest Corporation, Orion Advisor Services, RBC Correspondent Services, Riskalyze, Scottrade, TA Associates, Trust Company of America, Valmark Financial Group, Vertical Management Systems, & Vestmark are offering financial support for Tiburon CEO Summit XXXIV. Tiburon is grateful for this assistance. If you are interested in becoming a Tiburon CEO Summit sponsor, 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.