Wednesday April 9, 2014
DAY 1 – Preconference – 3PMs Only
Entrepreneur Fire Thy Self: 12:45pm- 1:45pm
Moderator
Joseph Lydon, Managing Director, GoaL Consulting LLC
Joe began his career in the financial services industry prior to
his graduation from Saint Joseph’s University, Philadelphia. Twenty-five years
later he is still excited about the opportunities this market holds for asset
managers, product partners and the advisors he has worked with over the years.
Joe’s experience is unique providing him with a clear
understanding of the front line demands in addition to the mid and back office
requirements that need to compliment each other in order to build a company
that will achieve long term sustained success.
Joe has successfully launched dedicated sales teams into the
wirehouse, independent, RIA and bank channels. He has managed, trained and
mentored key account managers, outside sales professionals and inside sales
teams. In his career Joe has played key roles in raising over $1 billion within
30 days, over $2 billion in 3 years and $8 billion within 5 years of new assets
for different types of investment solutions.
Prior to launching GOAL Consulting Joe served as Director
and National Sales Manager of the Mutual Fund Advisors Channel at GE Asset
Management. He has also held senior sales and marketing positions at ING Funds
Distributor, SEI Investments and Dreman Value Management. At Dreman Joe was the
president of the broker/dealer and was responsible for all aspects of the
Dreman family of funds.
Joe holds Series 7, 24, 63, and 65 licenses.
Panelists:
David Frank, CEO & Managing Partner, Stonehaven, LLC
David Frank is the CEO and Managing Partner of Stonehaven,
LLC. Mr. Frank founded the Firm in 2001 and has spent over a decade leading the
strategic vision of the Firm, designing the overall architecture and
infrastructure of the Firm's platform, building and managing key relationships
across the financial industry, spearheading due diligence on all capital
raising mandates and direct investments, managing financial systems,
collaborating with the Firm's CCO to oversee important compliance matters, and
working tirelessly with managers to raise capital among established investor
relationships globally.
Mr. Frank has significant experience in a wide range of
investment strategies across hedge funds, real estate, private equity,
deal-specific private placements and long-only. Mr. Frank is a strategic
advisor to D4 Urban, LLC for their mixed-use multi-billion dollar (at full
build-out) urban redevelopment in Denver, CO. Mr. Frank is a frequent speaker
on various topics in the alternative investment space.
Prior to founding Stonehaven, Mr. Frank worked in the
Mergers & Acquisitions group of Robertson Stephens in San Francisco. Mr.
Frank graduated with honors from the University of Michigan's Ross School of
Business with a B.B.A. Mr. Frank is a CFA charter holder, an active member
with the Anti-Defamation League (ADL) and the New York Society of Security
Analysts (NYSSA). Currently, Mr. Frank holds the Series 7, 24, 31, 66, 79 and
99 registrations with FINRA. Mr. Frank lives in Scarsdale, NY with his wife, son and
daughter.
LinkedIn Profile.
Steve Rubenstein, Founder & Principal, Arrow Partners, Inc.
Steve Rubenstein is the founder and
a principal of Arrow Partners, a leading third party marketing firm serving the
investment management industry. In 1998, Arrow Partners was a founding
member of the Third Party Marketers Association, of which Steve
was President from 2004 until 2006. Since founding Arrow Partners in 1995,
Steve has been a leading advocate of the third party marketing industry.
He has written and been quoted extensively in numerous industry
publications.
He holds the Series 7, 24, and 63
securities licenses. Steve's prior experience includes:
- Vice President at Bankers Trust in the Global
Investment Management Group. He was primarily responsible for establishing
private-label and subadvisory relationships.
- Marketing and selling independent
equity research to U.S.-based institutional investors
for Institutional Research Services, .
- Selling independent research products
and services to financial institutions for Drexel Burnham Lambert.
Steve graduated from Lehigh University in 1984 with a Bachelor of
Science in Finance.
Brian Fitzgibbon, CEO & Founding Member, Fitzgibbon Toigo Associates
Brian Fitzgibbon is the CEO and
a Founding Member of Fitzgibbon Toigo Associates and its Broker/Dealer
subsidiary registered with the SEC. It is a member of FINRA, SIPC,
and the MSRB. It was formed in 2003 primarily to assist alternative
managers with a variety of sales functions. It has a strong fundraising
history with the capability to access investor capital on a global basis.
Mr. Fitzgibbon has over 35 years of experience in the financial service
industry holding Series 7, 24, 63, 79 and 99 registrations. He has
successfully marketed a diverse group of investments including domestic equity,
fixed income, high-yield, derivatives, private placements, international-global
equity, global fixed income, hedge funds, and real estate.
Prior to FTA he was a Company Director and Senior V.P. of Nomura
Asset Management Co., where he created and successfully implemented a business
strategy for this Asian (start-up firm in the U.S.) with a complex investment
process under adverse market conditions. At the brokerage firm of CBWL
Hayden Stone, Mr. Fitzgibbon was Assistant National Sales Manager with direct
responsibility for supervising the firm’s private placement participations,
where he developed extensive due diligence and analytical experience.
Mr. Fitzgibbon honorably served in the 1st Recon
Bn. USMC. He graduated from Fordham University on a NY State Regents
scholarship with a B.S. in Finance. Mr. Fitzgibbon was a past board member of
the Association of Investment Management Sales Executives (AIMSE).
Regulatory Update: 1:45pm- 2:45pm
Gary Goldsholle, General Counsel of the Municipal Securities Rulemaking Board (MSRB)
Gary Goldsholle is General Counsel of the Municipal Securities Rulemaking Board (MSRB), where he oversees all legal activities of the MSRB, including market regulation, professional qualifications, enforcement support and corporate governance.
Prior to joining the MSRB, Mr. Goldsholle was vice president and associate general counsel for the Financial Industry Regulatory Authority (FINRA), where he was responsible for regulatory policy and rule development. He also worked in the Office of the Chief Counsel, Division of Trading and Markets at the Commodity Futures Trading Commission. Mr. Goldsholle began his legal career as an associate at Steptoe & Johnson.
Mr. Goldsholle received a bachelor’s degree from Duke University and a law degree from the University of Chicago Law School.
Tom Selman, Executive Vice President, Regulatory Policy at FINRA
Thomas M. Selman, Executive Vice President, Regulatory Policy at FINRA, has served in this position since 2008. He oversees the departments of Corporate Financing, Advertising Regulation, Investment Companies Regulation, Member Education and Training, and the Office of Emerging Regulatory Issues. Tom joined the organization in 1996.
From 1992 to 1996, Mr. Selman was Associate Counsel at the Investment Company Institute, a trade association for the mutual fund industry. Prior to that time, he served as Special Counsel in the Office of General Counsel at the United States Securities and Exchange Commission, a position he held beginning in 1987. Tom was an Attorney-Advisor to the European Union in Brussels, Belgium, from 1986 to 1987. In addition to his career accomplishments, Mr. Selman has authored articles that were published in Investment Lawyer, The International Lawyer and Insights.
Mr. Selman received bachelor's degrees in economics and history from Rice University, and a Doctor of Jurisprudence degree from The University of Texas School of Law, where he was Associate Editor of the Texas Law Review.
Speed Dialogue: 2:45pm- 2:45pm
Jon Poyer, Sales and Disturbution Manager, Norther Lights Distributors, LLC
Jonathan Poyer joined Northern Lights Distributors, LLC (NLD) in November 2011. Mr. Poyer works with independent advisors and clients of NLD, assisting
them in obtaining new selling agreements by contacting broker-dealers and helping establish the client’s fund(s) on broker-dealer platforms. He also assists clients in developing
marketing and distribution plans by facilitating industry partnership opportunities.
Prior to joining NLD, Mr. Poyer worked as a
consultant with Gallup. He has also worked with Gemini Fund
Services, LLC, and Orion Advisor Services, LLC; subsidiaries of NorthStar Financial Services Group, LLC, and affiliates of NLD.
Mr. Poyer graduated from the University of Chicago with a Bachelor of Arts in economics and earned his MBA from Brigham Young University. Mr. Poyer’s interests include running, swimming, playing basketball and spending time with wife and children. He is also fluent in Chinese.
Keynote Address: 4:30pm- 5:30pm
Robert Reynolds, President and Chief Executive Officer, Putnam Investments
Mr. Reynolds is President and Chief Executive Officer of Putnam Investments, a member of Putnam Investments’ Executive Board of Directors, and President of the Putnam Funds. He has more than 30 years of investment and financial services experience. Prior to joining Putnam in 2008, he was Vice Chairman and Chief Operating Officer of Fidelity Investments.Mr. Reynolds was named Fund Leader of the Year at the Mutual Fund Industry Awards in 2010, in recognition of a series of strategic changes he has implemented to improve investment performance and position Putnam as an industry leader. He has restructured the money management process, overseen the development of a more investor-friendly fee structure, introduced new products, and revitalized Putnam’s commitment to the defined contribution business. Known for his innovation and thought leadership, he has spoken out on retirement savings reform, calling for a new generation of workplace savings plans.
Over more than 20 years, Mr. Reynolds has been an architect of the modern retirement industry by popularizing employer-sponsored 401(k) plans. In 2005, Mr. Reynolds received a Lifetime Achievement Award from PLANSPONSOR magazine for his contributions to the retirement services industry. Under his leadership, Putnam was named the inaugural recipient of the Retirement Leader of the Year award at the 18th annual Mutual Fund Industry Awards in 2011 for its initiatives and innovative solutions in the workplace savings arena.
Mr. Reynolds currently serves on several not-for-profit boards, including those of West Virginia University Foundation, Concord Museum, Dana-Farber Cancer Institute and the Initiative for a Competitive Inner City in Boston.
He is a member of the Chief Executives Club of Boston, the Council on Competitiveness, and he is a former president of the Commercial Club of Boston.
Among many awards and recognitions, Mr. Reynolds received an Honorary Doctorate in Business Administration from West Virginia University, and a President’s Medal of Excellence from Boston College.
He earned a B.S. in Business Administration/Finance from West Virginia University.
Thursday April 10, 2014
DAY 2
Keynote Address: 9:00am- 10:00am
Bruce Johnstone, Managing Director and Senior Marketing Investment Strategist, Fidelity Investments
Between degrees from Harvard College and Harvard Business School, Bruce served two years in the U.S. Navy as an officer on a Destroyer, and joined Fidelity Investments in 1966. From 1972-1990, he managed the Fidelity Equity-Income Fund. During that period, the fund achieved a return of over 1100%, nearly twice that of the S&P 500. This return ranked Bruce as the #1 equity-income fund manager in the nation for the 19 year period. In 1987, he was named America’s Best Income Investor by Money Magazine. During his tenure on the fund, he oversaw all of Fidelity’s Growth and Income funds and chaired Fidelity’s Investment Committee. A Chartered Financial Analyst and Managing Director of Fidelity Investments, Bruce is currently serving as Senior Marketing Investment Strategist for Fidelity’s Retail and Institutional Companies.
Eric Kobren, former publisher of Fidelity Insight, one of the leading newsletters researching Fidelity’s funds in the U.S., has said Bruce ranks “a close second” to Peter Lynch as Fidelity’s best all-time fund manager.
Pitch Perfect: 10:00- 10:45am
Panelist:
Constance Hubbell, President, The Hubbell Group, Inc.
Constance
Hubbell is the president of The Hubbell Group, Inc., a highly respected public
relations firm that provides strategic communications counsel and marketing
support to some of the world’s most respected traditional and alternative asset
managers, wealth management providers and brokerage firms. Hubbell develops
messaging platforms and content strategies that stand out and move the dial for
marketers. She has deep expertise in research and content, providing
communications support to some of the world’s best-known studies of
institutional and individual investors and financial advisors.
Considered
one of the best crisis management experts in financial services, Hubbell is a
“go-to” resource for law firms seeking to protect their clients. She has helped
institutions through a wide range of crises including accusations of market-timing,
fraud, financial irregularities and discrimination. She has handled delicate
communications situations on behalf of the boards for numerous publicly-held
companies and fund trustees.
Prior
to founding the firm in 1995, Hubbell was the chief global spokesperson at
Fidelity Investments. Before that, she was chief spokesperson and vice
president of media relations at Bank of Boston, now part of Bank of America.
Earlier, she served as the director of media relations at Hill & Knowlton.
Andrea Trachtenberg, Managing Director, JCPR
Andrea brings more than 25
years of financial marketing experience to JCPR, where she leads key account
teams with a focus on strategic plan development and integrated marketing
communications programs.
Prior to joining JCPR,
Andrea served as Chief Marketing Officer for Altegris, a leading provider of
best-of-breed alternative investments, where she was responsible for delivering
strategic marketing programs and initiatives to drive sales growth in the high-net-worth
independent broker-dealer and RIA channels.
Andrea has also previously
served as Founder and Managing Director of Ivory River Group LTD, a boutique
strategic marketing consulting firm, as well as Senior Vice President and Head
of Global Marketing for Lehman Brothers Global Investment Management, and
Senior Vice President and Chief Marketing Officer for asset management firm
Neuberger Berman.
Andrea received her MBA in
Marketing from Pace University and a B.S. in Management Science from SUNY Binghamton.
She also holds a Certificate in New Product Development from the University of
Pennsylvania, Wharton School of Management.
CIO For Hire: 11:15am- 12:00pm
Panelist:
Mary Jane Bobyock, Director of Nonprofile Advice, SEI's Institutional Group
Mary Jane Bobyock is the Director of Nonprofit
Advice for SEI’s Institutional Group, where she is responsible for
overseeing investment strategy development
and advice for
SEI's foundation and endowment
clients. Ms. Bobyock has
extensive experience delivering custom solutions to institutional clients in the
nonprofit community,
including asset
allocation analysis, spending studies, investment policy guidance, portfolio construction,
and reporting best practices.
Prior to joining SEI in June 2012,
Ms.
Bobyock spent five years at Russell Investments as a Senior
Client Executive, where she provided advisory and investment management services to nonprofit clients. Prior to that, she spent 17 years at Miller, Anderson & Sherrerd, which was acquired during that time by Morgan Stanley Investment
Management. While at
Morgan Stanley, Ms. Bobyock served most recently as Vice President
for the Institutional Client Coverage Group.
With more than 26 years of experience in the investment industry, Ms. Bobyock regularly speaks at
industry conferences and events and has been interviewed by industry publications such as The Chronicle of Philanthropy, Foundation &
Endowment
Intelligence, FundFire, Nonprofit
News and The Nonprofit Times. Ms. Bobyock earned her Bachelor degree from Villanova University and her Masters
of
Business Administration in Finance from
Temple University. She is a CFA
Charterholder.
Michael Guido, Solutions Strategist, OCIO
Michael J. Guido,
Solutions Strategist, is responsible for coordinating activities related to
OCIO product design and delivery while also ensuring a consistent message. He
is also responsible for ensuring client satisfaction goals are met and that the
products and communication programs support the organization's overall strategy
and goals. Prior to joining the
investment team, Mike focused on providing asset allocation, endowment
management and investment advice to institutional clients. When Mike joined Commonfund
in 1988 he managed Commonfund Realty's $600 million Endowment Realty Investors
programs. As the COO of this two-fund program, he managed the acquisition,
operation and sales process of over 25 investments, which were made through
external sub-advisors. Prior to joining
Commonfund in 1988, he worked as CFO of a real estate development company, he
specialized in securing third-party debt and equity financing for the
redevelopment of investment properties and marketing financial structured
private capital investment opportunities to high net worth individuals. He has
a B.A. from Providence College and a M.S. from Fairfield University.
Global Regulatory Road Map: 1:00- 1:45pm
Panelists:
Stuart Fross, Partner, Foley & Lardner LLP
Stuart
Fross is a partner with Foley & Lardner LLP where he concentrates his
practice on securities laws and regulations, as part of the Private Equity
& Venture Capital, Transactional & Securities and International
Practices.
Mr.
Fross’ main focus is investment managers and pooled investment vehicles,
including U.S. registered open-end, closed end and exchange traded funds, bank
collective investment funds (with an emphasis a stable value funds), UCITS
funds, as well as private funds, organized in the US and offshore. Mr. Fross
has extensive experience in equity, high-income and fixed income trading
operations, as well as with distribution related issues for registered and
unregistered funds.
Prior
to joining Foley, Mr. Fross was a partner with K&L Gates. His experience
also includes his roles as deputy general counsel and senior vice president for
Strategic Initiatives with Fidelity Management & Research Company and
assistant secretary of the Fidelity Group of Funds.
Bryan Mick, President, Mick & Associates, P.C., LLO
Bryan S. Mick is the president
of Mick & Associates, P.C., LLO in Omaha, Nebraska, and a provider of independent due diligence services for various broker–dealers and registered investment advisors throughout the country. Mr. Mick
was formerly a partner with Black-
well Sanders Peper Martin,
a regional law firm based in Kansas City, Missouri. His private practice involves not only broker–dealer and registered investment advisor
representation but real estate
acquisition, development, and finance. He was also general counsel and investment banking
Sr. VP for a broker–dealer in Omaha that syndicated
real estate equity offerings in hospitality, senior living, office and retail development and acquisition. Mr. Mick’s due diligence
representation involves a concentration in real estate
equity fund, development project, distressed debt and
REIT reviews.
He provides his clients
individualized legal opinions
with an additional focus on project and
fund structure, financing, valuation and exit analysis. Mr. Mick
is also privileged to represent several life insurance companies, apartment and subdivision developers, conduit loan servicers and real estate loan opportunity funds.Mr. Mick received his BSBA (Finance) and MBA from Creighton
University. He graduated in 1989 from the Creighton University
School of Law (with distinction), where he was a member of the Creighton Law
Review and authored an ABA–nominated article on hostile takeover defenses. He
has also published a number of articles, and presented at many national conferences, covering various syndicated
asset classes and regulatory issues.Mr. Mick is admitted to practice in Nebraska as well as the U.S.
District Court for the District of Nebraska, and is a member
of the Securities and Real Estate Sections of
the ABA.
Bob Cornish, Counsel, Dilworth Paxson LLP
Bob Cornish is a securities attorney who
handles litigation, regulatory and compliance matters for broker/dealers,
investment advisers, hedge funds, commodities firms, institutional investors
and family offices in the United States and abroad.
Bob has experience forming hedge funds,
fund of funds, private equity funds, commodity pools and structured financial
products. He also advises clients on verification and compliance matters
regarding AIMR/GIPS and on registration of funds and firms on a global basis.
In addition, Bob has prepared compliance manuals and developed compliance
programs for broker/dealers, investment advisers and commodities firms. Bob
regularly handles litigation and arbitration matters for both firms and
investors in the financial markets.
Bob has more than ten years of in-house
counsel experience with investment firms. He previously served as Chief Legal
& Compliance Officer for Pacific Income Advisers and its affiliates. He
also served as General Counsel for a prominent hedge fund manager. This
previous experience provides valuable insight for investment management clients
with complex business management and marketing matters.
Bob earned his Bachelor of Arts from
Davidson College and his law degree from the Cumberland School of Law of
Samford University. Bob is a member of
the CFA Speakers Bureau and has presented to numerous CFA chapters on hedge
fund due diligence matters. Bob is
admitted to practice in New York, Arkansas, Tennessee, Wyoming and the District
of Columbia, and is also an arbitrator for FINRA, NFA and the London Court of
International Arbitration.
Investor Panel: Global Convergence-Investment Opportunites in 2014: 1:45- 2:30pm
Panelist:
Shannon Saccocia, Managing Director of Search and Selection, Principal, Banyan Partners
Shannon Saccocia leads
Banyan Partners’ external manager search and selection effort, which focuses on
identifying managers and strategies best suited to meet the goals and
objectives of the firm’s clients. In
addition to her efforts in manager evaluation, Ms. Saccocia works closely with
the firm’s Client Advisors to design and build portfolios as a part of each
client’s wealth management solutions. Shannon is also a member of Banyan’s
Investment Committee.
Shannon was the Director
of Manager Search and Selection for Silver Bridge Advisors, which was acquired
by Banyan in 2013. Prior to joining Silver Bridge, Ms. Saccocia worked at State
Street Corporation, providing performance and attribution analysis for
institutional investors.
Shannon earned a BA in
Economics and History from Brandeis University. She holds the Chartered
Financial Analyst designation and is a Certified Investment Management Analyst
® professional. She is a member of the Boston Security Analysts Society, the
CFA Institute, and the Investment Management Consultants Association.
Alex Knapp, Investment Analyst and Head of Liquid Alternatives Research, Ballentine Partners
Alex is an Investment Analyst and Head of Liquid
Alternatives Research at Ballentine Partners. He has previous experience with
Banco Santander, MFS Investment Management and Bedford Lending Corporation.
Alex graduated from Bentley University as a Dean's List recipient with a
Bachelor of Science degree in Finance. Alex is currently a candidate for Level
III of the Chartered Financial Analyst designation.
Keynote Address: 3:00- 3:45pm
Richard (Dick) Charlton, Chairman, NEPC, LLC
Dick's investment experience dates
back to 1972 when he initiated Michigan Bell’s Pension Oversight District in
anticipation of the requirements of ERISA. Dick also prepared financial
regulatory testimony, and wrote his master's seminar on pension fund
performance evaluation. He was elected Assistant Treasurer in February
1976, overseeing the financial modeling, market research, economics, pension,
and math research districts.
After an assignment at AT&T,
Dick joined Merrill Lynch Capital Markets in 1981, assuming the investment
consulting responsibility for over $25 billion in assets. With Merrill
Lynch's decision to leave the institutional investment consulting market at the
end of 1985, Dick formed his own firm, New England Pension Consultants,
converting 100% of his clients in this process. During the ensuing 28
years, NEPC has become one of the largest investment consulting firms in the
industry, earning wide acclaim for its superior client ratings in national
independent surveys, its unconflicted revenue model and its ability to add
value to client investment programs. We now service 321 full retainer
relationships with $809 billion in overall assets and some $65 billion invested/committed
to alternatives.
NEPC pioneered the use of alternative assets, making its first
placement in 1988. Our work in that
regard was recognized in 2009 by PLANSPONSOR Magazine, which accorded NEPC its
prestigious ALTIES Award as the Alternative Asset Consultant of the Year. More recently, NEPC has received the 2012
CAIA (Chartered Alternative Investment Analyst) Corporate Recognition Award,
the 2012 InvestHedge Investor Excellence Award and the 2011 and 2013 aiCIO
Industry Innovation Consultant Awards. Our
clients have also been honored, and since 2010 Money Management Letter and
aiCIO have recognized eight of our corporate and public fund clients for their
innovation and as their Plans of The Year.
Since the tech bubble collapsed in 2000, NEPC has encouraged our
clients to materially broaden diversification, believing that risk-balanced
programs would outperform over complete market cycles. That advice has contributed to collective
client returns that have consistently outpaced national medians with lower
volatility levels than national averages.
Dick is a frequent speaker at national industry conferences and
seminars. He also served as the
Co-Chairman of the Consultant's Performance Presentation Standards Task Force,
a two-year effort by the investment consulting industry to develop standards
for performance documentation, presentation and disclosure. In 2013, Dick was honored at NASP-Detroit’s
7th Annual Encore Gala as the recipient of the “Measure of Excellence” award.
Dick’s undergraduate degree is in Mechanical Engineering from the
University of Detroit (1965) and his M.B.A., with emphasis in Statistics and
Finance, is from Wayne State University (1972).
He is also a past director of IMCA, the Investment Management
Consultants’ Association.