With IBDs Business Model Threatened, Who Wants to Buy One?
With talk of the possible sale of the AIG Advisor Group and Cetera, insiders share their views on the state of the indie brokerage business. Article quotes Tiburon saying that independent broker/dealer model faces challenges.

Expert Predicts Big Shakeout Among Robo Advisors
The online advice market is projected to triple in the next five years, and dozens of robo advisors will be affected as a shakeout erupts in the marketplace. Article highlights Tiburon research on online advice firms.

Who Will be the Biggest Robo Advisors?
Who will be the largest players in robo advice? It is not who you are thinking -- venture capital funded firms like Betterment and Wealthfront, says Chip Roame, managing partner and founder of consulting and research firm Tiburon Strategic Advisors. Article highlights Tiburon presentation for the American Bankers Association.

The Future of Online Advice is Retirement, Not Robos
Despite how much time and energy is spent writing, talking, and thinking about the rise of online financial advice, it is still a fairly misunderstood topic. Article highlights Tiburon research call on online advice.

Highlights from the Exclusive Tiburon CEO Summit
The semi-annual conference put on by Chip Roame and his consultancy Tiburon Strategic Advisors is famous for attracting a who's who of the industry's most prominent executives. Article highlights Tiburon CEO Summit XXIX and its managing partner's keynote presentation.

Bring Sexy Back: Our Industry News a Makeover
The Tiburon CEO Summit is a biannual gathering of industry leaders across the full spectrum of wealth management. Article references Tiburon CEO Summit XXIX and its consumer panel.

Tiburon CEO Summit XXIX
Tiburon CEO Summit XXIX advertisement thanks more than two dozen speakers, including Tiburon Managing Partner Chip Roame and Dimensional Fund Advisors Co-CEO Eduardo Repetto.

What is Next for LPL, Marcato, & Casady?
With active investor Richard McGuire snapping at its heels, the independent broker/dealer may have to up its game. Tiburon quoted saying that the activists investors sometimes buy stakes with specific ideas in mind.

Cetera Quietly Dumps Head of Wealth Management
Cetera Financial Group quietly dropped the head of its wealth management division two months ago, the sixth Cetera leading executive to lose a job in ten months. Tiburon quoted saying that the broader RCS Capital has faced many changes in recent months.

Tiburon CEO Summit XXIX
Tiburon CEO Summit XXIX advertisement announces more than two dozen speakers, including Tiburon Managing Partner Chip Roame and Dimensional Fund Advisors Co-CEO Eduardo Repetto.

A Director at Envestnet Inc. is Buying Shares
Today, a director at Envestnet Inc., Charles Roame, bought shares of ENV for $14,710.  Article summarizes purchase by Tiburon managing partner.

Envestnet, Inc. Files Form 4 Insider Buying: Charles Roame buys 415 Shares
Charles Roame, a director at Envestnet Inc., purchased 415 shares on August 13. Article summarizes purchase by Tiburon managing partner.

What I Learned About Our Industry's Toughness, Endurance, & Character Across Four Peaks, 28 Miles, & 7,500 Vertical Feet in Aspen
On July 31, a group of 31 hikers gathered 9,500 feet up a mountain in Aspen, CO in the pitch-black crisp night air to attempt the Four Pass loop around the Maroon Bells Mountains. Article summarizes Skip & Chip Excellent Adventure 4.0.

Tiburon CEO Summit XXIX
Tiburon CEO Summit XXIX advertisement announces more than two dozen speakers, including Tiburon Managing Partner Chip Roame and Dimensional Fund Advisors Co-CEO Eduardo Repetto.

Tiburon CEO Summit XXIX
Tiburon CEO Summit XXIX advertisement announces more than two dozen speakers, including Tiburon Managing Partner Chip Roame and Dimensional Fund Advisors Co-CEO Eduardo Repetto.

McKinsey: Robo-Advisors Have a Cloudy Future But Virtual Advice Delivered by 24-Hour Super-Centers with Experts & Algorithms Will Win the Day
Charles Schwab & Company, Fidelity Investments, and E*Trade are the standard bearers in the march toward a brave new era of algorithmically juiced wealth management in which $66 billion revenues is up for grabs. Tiburon quoted agreeing with strong repudiation for the market broadly defined.

Tiburon CEO Summit XXVIII
Tiburon CEO Summit XXVIII advertisement thanks its Managing Partner Chip Roame, prior Tiburon CEO Summit award winners Mark Casady & Don Phillips, and more than two dozen additional guest speakers.

Tiburon CEO Summit XXVIII
Tiburon CEO Summit XXVIII advertisement thanks its Managing Partner Chip Roame, prior Tiburon CEO Summit award winners Mark Casady & Don Phillips, and more than two dozen additional guest speakers.

Tiburon CEO Summit XXVIII
Tiburon CEO Summit XXVIII advertisement thanks its Managing Partner Chip Roame, prior Tiburon CEO Summit award winners Mark Casady & Don Phillips, and more than two dozen additional guest speakers.

Top RIA Takeways from my Trip to New York and my Stop-By at the Tiburon CEO Summit
The Ritz-Carlton hotel in the Wall Street district, a briefcase throw away form the Hudson River, is a gloomy affair. Its pedestrian exterior is exceeded in utilitarianism only by its interior. Its front door, located on a corner of the building, was, I presumed a side door. No matter. The Tiburon CEO Summit 2015 did what it has done best in other venues - namely the more ornate and regal San Francisco Ritz-Carlton - attracting top executives in the RIA business.

TD's Bradley Flabbergasted at Industry Infatuation with Robos
Tom Bradley, the former TD Ameritrade institutional chief who ash spent the last three years running the discount brokers' retail arm, declares he is flabbergasted at the industry's present obsession with robo-advisors. Article notes that Mr. Bradley had spoke that day at Tiburon CEO Summit XXVIII.

Tiburon CEO Summit XXVIII
Tiburon CEO Summit XXVIII advertisement features its Managing Partner Chip Roame, prior Tiburon CEO Summit award winners Mark Casady & Don Phillips, and more than two dozen additional guest speakers.

Tiburon CEO Summit XXVIII
Tiburon CEO Summit XXVIII advertisement features its Managing Partner Chip Roame, prior Tiburon CEO Summit award winners Mark Casady & Don Phillips, and more than two dozen additional guest speakers.

Tiburon CEO Summit XXVIII
Tiburon CEO Summit XXVIII advertisement features its Managing Partner Chip Roame, prior Tiburon CEO Summit award winners Mark Casady & Don Phillips, and more than two dozen additional guest speakers.

What Fidelity Reorg Means for RIAs
Are RIAs losing an advocate at Fidelity - or gaining a technology champion? Article quotes Tiburon saying that results of reorganization at Fidelity Investments should be watched carefully.

Hands-On Approach for Ex-Tiburon Principal's New Firm
Ex-Tiburon principal Matt Lynch, in his new boutique consulting firm, wants to focus on change management, working directly alongside clients through their most difficult and risky transitions. Article describes new business venture of former Tiburon principal.

Envestnet Turns its Guns on the 401K Business
Envestnet became a $1.7 billion market capitalization public company because it saw a fiduciary gap and filled it with a straight forward solution. Article quotes Tiburon saying that recently regulatory changes opens 401K business up to same innovation.

Fix My Business; Plug & Play?
MBW Wealth Consultants is looking to bring financial advisors into its network and provide them with tools and resources in exchange for a slice of revenues. Article quotes Tiburon saying that the firm may be too small to attract others.

Tiburon CEO Summit XXVII
Tiburon CEO Summit XXVII advertisement thanks its managing partner, prior award winners & guest speakers Joe Mansueto (CEO, Morningstar), Bob Reynolds (CEO, Putnam Investments), & Bill Sharpe (Professor Emeritus, Stanford University), and more than two dozen additional guest speakers.

Tiburon CEO Summit XXVII
Tiburon CEO Summit XXVII advertisement thanks its managing partner, prior award winners & guest speakers Joe Mansueto (CEO, Morningstar), Bob Reynolds (CEO, Putnam Investments), & Bill Sharpe (Professor Emeritus, Stanford University), and more than two dozen additional guest speakers.

Charles Goldman Rolls Up a TAMP that handles Clients with Concentrated Equity Positions and 401K Accounts
I reached Charles Goldman in a Seattle bar where he was taking refuge from the rain. Article references Charles Goldman meeting Aris Corporation of America, which he later acquired as CEO of AssetMark, while working as an associate principal at Tiburon.

What Exactly Enticed Bill Dwyer Out of Retirement to Work on the Other Side
I have seen Bill Dwyer's passion in action. Article summarizes a personal story about Bill Dwyer leading the charge to pay a substantial tip to a band at a Tiburon CEO Summit.

Exclusive: Scottrade Moves to Take on 'Big Four' Custodians
Can the big four custodians become the big five? Article quotes Tiburon saying that Scottrade has the opportunity to fill the market segment previously occupied by TD Ameritrade.

How One $1.3 Billion RIA in Tiburon Found its Woman by Taking the Grueling Route
Tiburon, CA is a bedroom community on a giant finger of land that sticks out into the San Francisco Bay. Article references Tiburon and its managing partner in describing Brouwer & Janachowski.

Tiburon CEO Summit XXVII
Tiburon CEO Summit XXVII advertisement features its managing partner, prior award winners & guest speakers Joe Mansueto (CEO, Morningstar), Bob Reynolds (CEO, Putnam Investments), & Bill Sharpe (Professor Emeritus, Stanford University), and more than two dozen additional guest speakers.

Tiburon CEO Summit XXVII
Tiburon CEO Summit XXVII advertisement features its managing partner, prior award winners & guest speakers Joe Mansueto (CEO, Morningstar), Bob Reynolds (CEO, Putnam Investments), & Bill Sharpe (Professor Emeritus, Stanford University), and more than two dozen additional guest speakers.

The Go-for-Broke Strategy that Frank Campanale is Employing
What can the retired godfather of the Smith Barney wrap program bring to an unlikely formation of an RIA under an old brand? Article quotes Tiburon saying that pulling wirehouse brokers away in mid-career has proven difficult in the market.

Fix My Business: Where are they Now?
Troubled advisors who opened up to our panel of experts for advice and guidance tell us how it worked out. Article repeats advice given in prior months by Tiburon.

How a Band of Advisor-Execs Scaled 5,000 Sunless Feet to the Summit of Half Dome -- and the Lessons the Exploit Yields for Growing RIAs
Two friends are talking about undertaking a pretty significant one-time challenge. They agree to do so and invite others to join. Article summarizes Chip & Skip Excellent Adventure 3.0.

As Boston Private & Banyan Partners Merge, the Big Three Become the Big Four
By 2008, Boston Private was looking like roadkill.  Article quotes Tiburon saying that this deal gets Boston Private closer to its goal of earning 50% of its revenues from fee-based business.

Tiburon CEO Summit XXVII
Tiburon CEO Summit XXVII advertisement features its managing partner, prior award winners & guest speakers Joe Mansueto (CEO, Morningstar), Bob Reynolds (CEO, Putnam Investments), & Bill Sharpe (Professor emeritus, Stanford University), and more than two dozen additional guest speakers.

How LPL's CFO Answered the Cetera Question at Morgan Stanley Financials Conference
It is the kind of question that corporate executives make careers out of ducking: what do you make of the new rival bearing down on your rear end? Article quotes Tiburon saying that RCAP strategy resembles that of insurance companies in prior decades but that it has substantial traction.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI advertisement thanks speakers, sponsors, and attendees, including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Make Your Move?
Retention and recruitment deals are still an active component in the big firm landscape.  Article quotes Tiburon saying that saying that about one-third of financial advisors are on some type of retention plan.

Moving Can Cost You
Advisors who tend to switch firms make less.  Article quotes Tiburon saying that it takes time to ramp back up after moving.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI advertisement thanks speakers, sponsors, and attendees, including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Fix My Business: How to Find a Niche
Tired of taking on the world? Specialize in one area and drill deep. Article quotes Tiburon saying that defining segments and client service models is critical.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI advertisement thanks speakers, sponsors, and attendees, including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI advertisement thanks speakers, sponsors, and attendees, including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Expert View: How Distribution Channels are Evolving
Mutual funds and ETFs now compromise 30% of equity mutual fund and ETF assets, as passive mutual funds have gathered $961 billion assets under management, up nearly 100% since 2005. Article summarizes interview with Tiburon managing partner.

A Conversation with DFA's David Booth
It is possible for an airplane manufacturer to manufacture excellent jets that reliably and safely reach their destination. Article summarizes interview with David Booth that it references took place at Tiburon CEO Summit XXVI.

Big Trends from Tiburon: Robo Advisors, DIY, & Tech Changes
Online advisors, do-it-yourselfers, and technology are expected to top the agenda at this week's Tiburon CEO Summit in New York. Article summarizes insights from Tiburon CEO Summit XXVII keynote presentation.

Charles Goldman Speaks from the CEO Summit Hotel About What He Didn't See Coming at AssetMark
Since leaving his position overseeing the clearing & custody arms of Fidelity Investments in early 2010.... Article mentions policy excluding media reps at Tiburon CEO Summit XXVII.

Tiburon CEO Summit Extrudes Big News: Betterment Institutional
Steve Lockshin has never made his admiration for Betterment a big secret. Article mentions announcement of Betterment Institutional at Tiburon CEO Summit XXVII.

RMB Capital CEO & Chief Investment Officer to Speak at Tiburon CEO Summit XXVI on April 8
Dick Burridge, CEO & chief investment officer of RMB Capital, an independent advisory firm with more than $3.8 billion in assets under management, has been selected as a panel member for the prestigious Tiburon CEO Summit XXVI.

Global Calendar
Magazine's global calendar of events includes Tiburon CEO Summit XXVI.

Eavesdropping on the Barron's Top Independent Advisors
I did not go to the Barron's Independent Advisors Summit last week in Phoenix out of any sense of obligation. Article mentions culture of Tiburon CEO Summits in passing, saying that egos are canceled out leading to forthright conversation.

Robo Advisors Set to Snag Spotlight at Tiburon CEO Summit
The rapidly emerging online distribution channel is expected to be a hot topic at the Tiburon CEO Summit in New York. Article summarizes upcoming Tiburon CEO Summit keynote presentation content based upon Tiburon pre-release.

Bright Future as Independent Channel Gains Marketshare
While the flexibility of independent advisory models is drawing advisors in, a lack of trust in large financial institutions may be pushing investors away from big Wall Street firms and into the arms of independent advisors. Tiburon quoted saying that the independent advisor channels have a bright future.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI announcement features its Managing Partner Chip Roame, and guest speakers including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI announcement features its Managing Partner Chip Roame, and guest speakers including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI announcement features its Managing Partner Chip Roame, and guest speakers including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI announcement features its Managing Partner Chip Roame, and guest speakers including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI announcement features its Managing Partner Chip Roame, and guest speakers including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Tiburon CEO Summit XXVI
Tiburon CEO Summit XXVI announcement features its Managing Partner Chip Roame, and guest speakers including former award winners Rob Arnott, Jack Bogle, Mark Casady, Harry Markowitz, & Don Phillips.

Did Schorsch Overpay for Cetera?
RCS Capital Corporation's Nicholas Schorsch paid one times revenue for Cetera Financial, when IBDs typically sell for 30-40%. Article quotes Tiburon saying that RCS strategy seems similar to that of insurance companies in the 1990s.

Fix My Business: Growing Pains
The Houston financial advisor wants to bulk up his office, offer more fee-based services, and tap high net worth clients. Article quotes Tiburon saying this is a challenging strategy.

A Collective of Missteps Insurers Have Made
Article summarizes portion of highlights of recently released Tiburon research on financial services industry stumbles.

PE- Backed Edelman Financial Appoints Charles Roame to Board
Article summarizes news that Tiburon managing partner was added as the first external board member to The Edelman Financial Group, which is backed by Lee Equity Partners.

Tiburon Founder Roame Elected to Edelman Board
Article summarizes news that Tiburon managing partner was added as the first external board member to The Edelman Financial Group, which is backed by Lee Equity Partners.

Edelman Adds Tiburon Founder to Board
Article summarizes news that Tiburon managing partner was added as the first external board member to The Edelman Financial Group, which is backed by Lee Equity Partners.

The Edelman Financial Group Elects Chip Roame to Board of Directors
Article summarizes news that Tiburon managing partner was added as the first external board member to The Edelman Financial Group, which is backed by Lee Equity Partners.

Schorsch's RCAP Grabs Cetera, Aims to Catch Up to LPL
The deal, worth $1.115 billion, would give RCS Capital and its units about 8,900 financial advisors with roughly $190 billion in client assets. Article quotes Tiburon saying that RCAP has also recently acquired alternative investments firms making synergies possible.

Did Schorsch Overpay for Cetera?
RCS Capital Corporation's Nicholas Schorsch paid one times revenues for Cetera Financial, when IBDs typically sell for 30-40%. Article quotes Tiburon saying that there are parallels to the prior strategies of American International Group (AIG), Pacific Life, & Jackson National Life.

Rising Valuations: Time to Sell the Firm?
According to consulting firm Tiburon Strategic Advisors, only one in four financial advisors has a succession plan. Article quotes Tiburon research on financial advisor mergers & acquisitions.

Digging for Talent
If the pool of available advisors with proven track records and solid books of business is evaporating, where do recruiting brokerages go for growth? Article quotes Tiburon saying that firms may let their salesforces shrink in size to focus upon top end producers.

Advisors Increasingly Outsource Asset Management: Tiburon
As more advisors have moved away from broker models, TAMPs have gained steam, according to Tiburon Strategic Advisors. Article summarizes key findings of recently released Tiburon research on turnkey asset management programs (TAMPs).

Advisor M&As to Make Comeback in '14: Tiburon
While deals in the RIA space slowed down in 2013, many factors are driving a turnaround in the financial advisor space this year. Article summarizes key findings of recently released Tiburon research on financial advisor mergers & acquisitions.