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Tiburon's Tribute to Jack Bogle

It was with great sadness that we learned last week of the passing of Jack Bogle, Founder of The Vanguard Group. Through the years, Jack was a big supporter and fan of Tiburon, and was one of our sixteen prior Tiburon CEO Summit Award Recipients. Tiburon Member, Ric Edelman, Chairman of Financial Education at Edelman Financial Engines, remembers Jack Bogle from several Tiburon CEO Summits; “I was always struck by his willingness to engage - he was always responsive and openly happy to talk. It helped me realize that no matter how big a deal one might become, it is always important to remain humble and helpful to everyone. Jack Bogle was a class act.” Tiburon Member Alex Potts, CEO of Loring Ward Group, also recollects Jack Bogle’s presence at multiple Tiburon CEO Summits: “Jack’s curiosity, sense of humor, and humility was so inspiring. To meet somebody who simply wanted to do the right thing and be on a quest to find those answers blew me away. To hear his stories around Vanguard, his funny self-deprecation, and simply approachability was amazing. He seemed like the same guy on stage as off, just wanting to do well by doing good.” In tribute to Jack Bogle’s life and impact on the investing community, Tiburon CEO Summit sponsors and members may want to click here to view a collection of photos featuring his attendance at Tiburon CEO Summits XVII, XXVI, & XXXII, maybe even including one to keep with yourself and this legend.


Next Tiburon Research Call:  FA Succession Planning, Acquisitions, & the Sale Process

Tiburon is pleased to announce that the next Tiburon Research Call will be on FA Succession Planning, Acquisitions, & the Sale ProcessIt will be held January 31, 2019 at 10:00am PT/1:00pm ET. If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and would like to listen to this call, please email Sarah Sage to RSVP.

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 42 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 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.

FA Succession Planning, Acquisitions, & the Sale Process

 

 


Prior Tiburon Research Call:Financial Services Industry Mergers & Acquisitions

Tiburon is pleased to provide Tiburon CEO Summit sponsor and Tiburon member employees that missed the previous Tiburon Research Call on Financial Services Industry Mergers & Acquisitions. with access to the recording on the Tiburon web site by clicking the link below and logging in with one's username and 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 Sarah Sage. 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.

Financial Services Industry Mergers & Acquisitions


Tiburon CEO Summit XXXVI:   Attendee List 

Tiburon Strategic Advisors and its Managing Partner Chip Roame are pleased to publicly announce Tiburon CEO Summit XXXVI, which will be held on April 1-3, 2019 at The Wagner at the Battery Hotel (FKA The Ritz Carlton Hotel) in New York, NY.

Tiburon targets CEO attendees and sends invitations to its semi-annual Tiburon CEO Summits exclusively to CEOs, other C-level executives, executive vice presidents, and partners at its 450+ corporate clients. Tiburon invites the top 0.7% of its corporate clients' executives. Tiburon verifies titles through company web sites & executive LinkedIn postings. Other managing directors, senior vice presidents, functional heads, & all others are not invited in order to keep the discussion focused on CEO-level issues. View the current Attendee List of Tiburon clients who have already confirmed their attendance for Tiburon CEO Summit XXXVI.

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 XXXVI, 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 XXXVI, please email Sarah Sage.

Tiburon CEO Summit XXXVI:  Attendee List


Tiburon Impact Adventure 4.0: Mexico, January 28-29, 2020

Tiburon Managing Partner Chip Roame and Tiburon clients Scott Hanson (Co-CEO, Hanson McClain) & Craig Wietz (President, First Rate) will co-lead Tiburon Impact Adventure 4.0 to build a home for a family in need in San Antonio Del Mar, Mexico on January 28-29, 2020. For more information, please email Craig Wietz (President, First Rate).

Tiburon Impact Adventure 4.0 will be the fourth in a series Tiburon Impact Adventures which are intended to connect first world finance with developing world needs. Tiburon Impact Adventures 2.0 and 3.0 were co-led by Tiburon Managing Partner Chip Roame and Tiburon clients Scott Hanson (Co-CEO, Hanson McClain) & Craig Wietz (President, First Rate). On each occasion, twenty or so group members built and fully furnished a home for a family in need in San Antonio Del Mar, Mexico. Tiburon Impact Adventure 2.0 took place on January 27-28, 2018, Tiburon Impact 

Adventure 3.0 took place on January 15-16, 2019. Tiburon Impact Adventure 1.0 had been 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. That group raised over $100,000 for the construction of a fifth through eighth grade classroom building in the village of Adami Tulu.

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

Tiburon Impact Adventure 4.0


Skip & Chip's Excellent Adventure 8.0: New Hampshire's Presidential Range July 13-15, 2019

Skip & Chip's Excellent Adventure 8.0 will take place July 13-15, 2019 in New Hampshire’s Presidential Range and be co-led by Tiburon Managing Partner Chip Roame and Tiburon client Skip Schweiss (President, TD Ameritrade Trust Company). For more information, please email Skip Schweiss (President, TD Ameritrade Trust Company).

Skip & Chip's Excellent Adventure 7.0 took place recently on August 5-9, 2018 in South Central Alaska. The group, co-led by Skip & Chip, hiked the Crow Pass Trail, mountain biked in Alyeska, and kayaked in Seward, Alaska. More pictures coming soon!

Skip & Chip's Excellent Adventure 8.0 will be the eighth 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 the Kalalau Trail in Kauai, the Crow Pass Trail in Alaska, and 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).

Skip & Chip's Excellent Adventure 8.0 (New Hampshire)


Tiburon Written Research: Financial Services Industry Mergers & Acquisitions

Tiburon is pleased to highlight its research on Financial Services Industry Mergers & Acquisitions. The purpose of this research is to provide readers with a comprehensive understanding of the rapid consolidation taking place in the retail banking, insurance, brokerage, & investment management markets. Glass Steagall fell in 1999 and the financial services industry picked up its mergers & acquisitions trend. More recently, capital adequacy, TARP repayments, & low interest rates have forced divestitures. Retail banks have acquired other banks, brokerage firms, & investment management firms. Insurance companies have acquired other insurance companies, independent broker/dealers, & investment management firms. Full-service brokerage firms have acquired other full-service brokerage firms and investment management firms. And investment management firms have acquired one another. This research profiles the thousands of transactions that have taken place and lays the groundwork for expected consolidation (and divestitures) over the coming decade. This research is part of Tiburon's strategic issues series.

This research addresses the historical phases of financial services industry mergers & acquisitions, including:

  • Regulation Phase
  • Acquisitions Phase
  • Glass Steagall Repeal Phase
  • Industry Restructuring Phase

This research defines distinct financial services industry acquisitions, including:

  • Retail Bank Acquisitions
  • Insurance Company Acquisitions
  • Brokerage Firm Acquisitions
  • Investment Management Firm Acquisitions
  • Other Market Segment Acquisitions

And this research makes several future predictions for financial services industry mergers & acquisitions, including:

  • Increase in Mergers & Acquisitions Activity
  • Dominance of the Retail Bank, Insurance Company, & Foreign Financial Institution Acquirer Models
    • Financial Services Industry Retail Bank Model Acquirers
    • Financial Services Industry Insurance Company Model Acquirers
    • Financial Services Industry Foreign Financial Institutions Model Acquirers
  • Increasing Transaction Values
  • Increasing Formalized Terms & Conditions

If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and need your username and password to access Tiburon Written Research, please email Sarah Sage. 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.

Financial Services Industry Mergers & Acquisitions


Tiburon Written Research: Dimensional Fund Advisors: The Leader in Factor-Based Investing

Tiburon is pleased to highlight its research on Dimensional Fund Advisors. Dimensional Fund Advisors was founded by David Booth & Rex Sinquefield in 1981 and is based in Austin, TX. The company has a presence in eight countries, nine offices, 700 employees, & $346 billion assets under management. Dimensional Fund Advisors is privately owned and led by its Co-CEOs Dave Butler & Gerard O'Reilly. Its web sites can be found at www.dimensional.com and www.dfaus.com.

Dimensional Fund Advisors' comprehensive Power Point deck below includes a synopsis of its history, including its key phases:

  • Mutual Funds Introductions Phase
  • Institutional Expansion Phase
  • International Expansion Phase

Its profile includes the key statistics of the firm, including its number of countries, offices, employees, assets under management, net flows, revenues, & net profits.

Its profile includes detailed outlines of its core businesses, including:

  • Dimensional Fund Advisors (US)
  • Dimensional Fund Advisors (UK)
  • Dimensional Fund Advisors Australia
  • Dimensional Fund Advisors Canada

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 and password to access Tiburon Written Research, please email Sarah Sage. 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.

Dimensional Fund Advisors


Recent Tiburon Research Calls:

Tiburon is pleased to provide all employees at Tiburon CEO Summit sponsors and 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 and password:

If you are an employee at a Tiburon CEO Summit sponsor or Tiburon member and need your username and password to listen to recent Tiburon Research Calls, please email Sarah Sage. 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.

Recent Tiburon Research Calls


Recently Posted Tiburon Written Research:

Tiburon is pleased to provide all employees at Tiburon CEO Summit sponsors and 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 Sarah Sage. 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.

Recently Posted Tiburon Written Research


Tiburon CEO Summit Sponsors

Due to the incredible demand from a large number of its executive-level clients to attend the Tiburon CEO Summits, Tiburon now holds the Tiburon CEO Summits at The Wagner at the Battery Hotel in New York, NY and the Ritz Carlton Hotel in San Francisco, CA. Several long-time Tiburon clients have supported Tiburon in this move.

Tiburon CEO Summit XXXVI Sponsors

Tiburon clients AdvisorEngine, Advisor Software, Allianz, Apex Clearing Corporation, Aquiline Holdings, AssetMark, Brinker Capital, Centana Growth Partners, CFRA Research, Charles Schwab, Discovery Data, Docupace Technologies, Envestnet, Fidelity Investments, First Rate, Fiserv, Fi360, FTV Capital, Genstar Capital, InvestCloud, MyVest Corporation, Orion Advisor Services, RBC Correspondent Services, TA Associates, TD Ameritrade, Trust Company of America, Valmark Financial Group and Vestmark are providing support for Tiburon CEO Summit XXXVI.

To become a Tiburon CEO Summit sponsor, please email Sarah Sage. Sarah or another Tiburon team member will be happy to explain the sponsor benefits package in more detail to any qualified attendee (e.g., C-level executives, executive vice presidents, partners, & a few other business heads)please email Sarah Sage.

Tiburon CEO Summit Sponsors


Tiburon Careers:

Tiburon is growing rapidly and actively recruiting. Please read the below firm description and specific job descriptions.

Tiburon Strategic Advisors:

Tiburon Strategic Advisors (“Tiburon”) was founded in 1998 by a McKinsey & Company alumnae. The firm historically functioned as a boutique strategic consulting firm serving the worldwide financial services and fintech industries. Based on its two decades of substantial success, widely published industry views, and very broad set of industry contacts, Tiburon has evolved into a multi-faceted business, with its core services including its Tiburon Membership and Tiburon CEO Summits Sponsorship (Tiburon Written Research, Tiburon Research Calls, Tiburon CEO Summits) programs, conference speeches and market seminars, due diligence, mergers and acquisitions, and other CEO-level advisory roles, and ongoing board roles. Tiburon also generates substantial revenues from its own proprietary investments in financial services and fintech firms. The firm has published 2,000+ Tiburon Written Research papers, hosts 42 weekly Tiburon Research Calls for its 100+ corporate clients, hosts semi-annual Tiburon CEO Summits in New York, NY and San Francisco, CA for 250+ of its CEO-level clients, and invests in (and serves on boards of) numerous leading financial services and fintech companies worldwide.

Tiburon is also structured as a highly efficient lifestyle business, maintaining a highly professional culture serving primarily CEO-level clients, with very high service standards, a 100% expected client retention rate, and substantial sales and revenues goals, all balanced with a focus on work/life balance. The firm’s managing partner values and closely measures results, with key results measures including the firm's revenues and profits, and its numbers of clients, attendees, listeners, and readers. The most successful candidates will have experience in professional services firm environments (e.g., private equity firms, management consulting firms, etc.), experience working with CEO-level clients and fixed deadlines, and a clear revenue-orientation. At the same time, the firm has recently invested substantially to refurbish its physical office environment at Point Tiburon Plaza near the ferry dock aand water fountain in downtown Tiburon. And the firm is willing to consider unusual (albeit permanent) working models for parents with school age kids and other similar situations including part-time roles, job sharing, etc. Tiburon presents a unique career opportunity for highly-motivated, mature, and talented professionals in the Tiburon, CA area. Tiburon prefers to hire locally when possible.

Tiburon has immediate needs for one or two publishing assistants, one or two marketing assistants, and one administration assistant, and is also adding more part-time student assistants.

Publishing Assistant(s):

Tiburon Strategic Advisors is currently seeking one or two entry-level Publishing Assistants. Core responsibilities are to deliver three PowerPoint assignments per day. PowerPoint completion includes making noted edits to PowerPoint documents, revising parts in Microsoft Word and Excel, completing research and printing assignments, recording podcasts, and publishing all document parts to the Tiburon web site. More experienced members of the team should be able to complete three or more PowerPoint assignments per day and also add more value in research. The ideal candidate(s) will be dedicated and responsive team players who can support current publishing needs. This role can be part- or full-time, with morning hours being most important. A job share could also possibly work. Office is located in downtown Tiburon, CA.

Responsibilities:

  • Revise PowerPoint documents
  • Build parts for published reports (e.g., table of contents; key findings; etc)
  • Research focused issues to improve research
  • Record podcast for Tiburon clients
  • Publishing all document parts to the Tiburon web site

Requirements:

  • Experience with Microsoft Office applications, especially PowerPoint (intermediate skills required – work primarily in graphics but following existing approved formats)
  • Research skills
  • Exceptional organizational and time-management skills; ability to manage oneself in a fast-paced working environment and meet multiple deadlines with limited supervision
  • Exceptional attention to detail
  • Proximity to Tiburon office
  • Experience in professional services firm (e.g., management consulting firm, private equity firm) would be a plus

Compensation:

  • New Production Assistants will start at $25 per hour (approximately $52,000)
  • Successful Production Assistants eligible for up to $40 per hour (approximately $83,000)
  • All Production Assistants paid additional amounts for overtime hours
  • Paid time off, 100% individual health care insurance, and other benefits offered starting after 90 days of employment (for full-time employees)

Please email cover letter and resume to Sarah Sage at SSage@TiburonAdvisors.Com.

Marketing Assistant(s):

Tiburon Strategic Advisors is seeking one or two entry-level Marketing Assistants. The ideal candidate(s) will be dedicated and responsive team players who can support current marketing activities. This role can be part- or full-time. A job share could also possibly work. Office is located in downtown Tiburon, CA.

Responsibilities:

  • Answer telephones, greet guests, check voicemails, and respond to clients’ needs
  • Assist in managing the firm’s contacts database in Salesforce
  • Participate in inbound and outbound service & sales efforts (including preparing managing partner for calls)
  • Assist with other marketing projects as necessary, including numerous steps related to semi-annual Tiburon CEO Summits

Requirements:

  • Experience with Microsoft Office applications, especially PowerPoint
  • Exceptional organizing and time-management skills; ability to manage oneself in a fast-paced working environment and meet multiple deadlines with limited supervision
  • Ability to learn quickly and solve problems
  • Experience in professional services firm (e.g., management consulting firm, private equity firm) and experience with Salesforce is a plus

Compensation:

  • New Marketing Assistants will start at $25 per hour (approximately $52,000)
  • Successful Marketing Assistants eligible for up to $40 per hour (approximately $83,000)
  • All Marketing Assistants paid additional amounts for overtime hours
  • Paid time off, 100% individual health care insurance, and other benefits offered starting after 90 days of employment (for full-time employees)

Please email cover letter and resume to Sarah Sage at SSage@TiburonAdvisors.Com.

Administration Assistant:

Tiburon Strategic Advisors is seeking one entry-level Administration Assistants. The ideal candidate will be a dedicated and responsive team player who can support current administrative needs. This role can be part- or full-time, with morning hours being most important. A job share could also possibly work. Office is located in downtown Tiburon, CA.

Responsibilities:

  • Answer telephones, greet guests, check voicemails, and respond to clients’ needs
  • Collect and distribute mail, manage inventory and order supplies, and manage office vendors
  • Post job openings, assist new employees with employee paperwork, train new employees on office technology, and collect payroll time sheets and contractor invoices
  • Assist in managing the firm’s contacts database in Salesforce
  • Support managing partner with other general administration tasks

Requirements:

  • Experience with Microsoft Office applications, especially PowerPoint
  • Exceptional organizing and time-management skills; ability to manage oneself in a fast-paced working environment and meet multiple deadlines with limited supervision
  • Ability to learn quickly and solve problems
  • Experience in professional services firm (e.g., management consulting firm, private equity firm) and experience with Salesforce is a plus

Compensation:

  • The new Administration Assistant will start at $25 per hour (approximately $52,000)
  • A successful Administration Assistant eligible for up to $40 per hour (approximately $83,000)
  • The Administration Assistant paid additional amounts for overtime hours
  • Paid time off, 100% individual health care insurance, and other benefits offered starting after 90 days of employment (for full-time employees)

Please email cover letter and resume to Sarah Sage at SSage@TiburonAdvisors.Com.

Part-Time Student Assistants:

Tiburon is also continuing to seek to add entry-level part-time student assistants for administrative work (e.g., filing, data entry, data analysis, calling, and publishing (PowerPoint)). College and high school students are welcome to apply. Energy, attention to detail, and yet reasonable expectations will be keys to success. Some previous professional services firm office experience would be helpful. Starting pay is $14 per hour and potentially up to $18 per hour for those who advance to more important tasks and who are most productive. Please email cover letter and resume to Sarah Sage at SSage@TiburonAdvisors.Com.

Tiburon Careers


Tiburon Media Coverage:

Tiburon was featured recently in InvestmentNews in an article titled Fintech is Not Just for KidsTechnology vendors see opportunity in building tools for older investors. Article quotes Tiburon data showing that baby boomers have the most wealth and will also have the largest wealth increase over the coming decade.

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.

Tiburon Media Coverage