RIA CEO Convergence


A unique, exclusive private event, by invitation only,
for open discussion and bond-building.

The Agenda

Wednesday, June 7

5pmCocktail Reception and Dinner

Thursday, June 8

8-9amThe State of the Wealth Management Industry – Jimmy Zhao, McKinsey

A decade of favorable macroeconomic conditions and relatively easy growth helped the US wealth industry nearly double from $141B revenues in 2012 to $246B in 2021. That trend reversed course in 2022, creating a new urgency for wealth managers to search for both margin and growth. This discussion will share McKinsey’s latest research, including: How are institutions investing to win with clients and advisors, how are firms unlocking margin and scale, and what are the lessons learned from 2008 for the industry.

Jimmy Zhao leads McKinsey’s Wealth and Private Equity division. He serves leading U.S. wealth managers on growth strategy and productivity topics – including wirehouses, IBDs, bank-owned wealth businesses, and RIAs. His client work includes advisor value proposition, recruiting and retention; RIA growth strategy services; and M&A integration.

9-10amDiscussion: M&A and Private Equity
10:30-10:45amTrends in Wealth Management 1: Crypto Attitudes And Use Cases; Use In Portfolio – presented by Hunter Horsley, CEO, Bitwise
10:45-11:45amDiscussion: C-Suite Development
11:45-12pmTrends in Wealth Management 2: Custom indexing – presented by Eric Clarke, CEO, Orion
1-5pmGuided Hike: Garden of the Gods Park is a National Natural Landmark, featuring 300-foot rock formations and views of Pikes Peak. The world-class Museum is the most visited attraction in the region.
6pmCocktails and Dinner

Friday, June 9

8-8:15amFuture Plans of RCC
8:15-8:30amTrends in Wealth Management 3: XXX, presented by Invesco
8:30-9:30amDiscussion: Helping Your Advisors Grow Their Practice
9:30-9:45amTrends in Wealth Management 4: XXX, presented by Franklin/Templeton
10-11amDiscussion: Compliance/Regulation
11:30-12:30pmDiscussion: Personal Succession

Agenda subject to change


Rules of Conduct

The RIA CEO Convergence is a private, invitation-only event, featuring CEOs from the nation’s largest RIAs. The agenda has been created by and for the participating CEOs.

This event is a small, intimate gathering, allowing discussion of topics that are of unique concern, interest and relevance to all of us. We’ll be seated at a boardroom or open-square table, with no head – quite appropriate considering the caliber of the participants. This setting will facilitate open and frank conversation.

No one other than the CEOs will be present at the sessions. Invited speakers will be present only during their presentations (with the exception of McKinsey’s Jimmy Zhao, who has been invited to stay for the entire event).

In order for us all to gain the most benefit, we need to engage with the following rules in mind:

  1. What is said in the room stays in the room.
  2. We are to share experiences, not advice. Instead of, “You should do this,” say, “When I was faced with X, here’s what I did/wish I did/saw others do.” This approach can be challenging for us, since we’re accustomed to telling people what to do. Thus, we must remember that we are in a room of peers, not subordinates. Here are two tips to help us all stick to this approach:
    1. Speak in first person: “Here’s what I did.” Avoid second person: “You should…”
    2. Use feel/felt/found.
      1. “I know how you feel.” [provide elaboration]
      2. “Here’s how I felt when I was faced with [situation].”
      3. “Here’s what I found out.” [explain]
  3. Be authentic, open and vulnerable, not dictatorial or authoritative. If we’re willing to deeply share our thoughts, feelings and experiences, we’ll all derive greater value from the gathering.
  4. We must be willing to:
    1. admit when we’re questioning our own competence, priorities or decisions;
    2. share our disappointments, regrets and dilemmas; and
    3. speak candidly about positive opportunities and successes.

Those who help people form study groups say the best ones foster listening, noticing, reflecting, and inquiring, as well as compassion, empathy and vulnerability – and no one hogs the stage. Engagement from all is essential, ensuring efficient, equitable and effective dialogue.

How will we know if we achieve these goals? We’ll leave the event with new and deeper friendships than when we arrived.

Casual dress throughout the event, with appropriate attire for the hike.


Who’s Coming
(This list is confidential)

Brent Brodeski
Savant Wealth Management
Rockford, Illinois
$15 billion AUM

Rick Frick
Integrity Wealth
Boca Raton, FL
$13 billion AUM

Joshua Gross
Mill Creek Capital Advisors
$10 billion AUM
Conshohocken, Pennsylvania

Tom Haught
President & CEO
Sequoia Financial Group
Akron, Ohio
$10 billion AUM

RJ Moore
Executive Chair
Private Advisor Group
Morristown, NJ
$33 billion AUM

Michael Nathanson
The Colony Group
Boston, MA
$17 billion AUM

Harry O’Mealia
CEO and President
1919 Investment Counsel
Baltimore, MD
$21 billion AUM

Bob Oros
CEO & Chairman
Hightower Advisors
Chicago, IL
$140 billion AUM

Shirl Penney
Dynasty Financial Partners
St. Petersburg, FL
$68 billion AUM

Jack Petersen
Founder & Managing Partner
Summit Trail Advisors
New York, NY
$12 billion AUM

Avy Stein
Co-Chairman and Founder
Cresset Partners
Chicago, IL
$28 billion AUM

Dave Welling
Mercer Advisors
Denver, CO
$40 billion AUM

About The Broadmoor

1 Lake Avenue
Colorado Springs, CO 80906
(844) 602-3343

The Broadmoor is easily accessible by car.

Colorado Springs Airport is 9 miles/15 minutes from The Broadmoor

Denver International Airport is 90 miles/90 minutes from The Broadmoor

Transportation services from both airports is available through Gray Line Transportation. Reservations are required at least 48 hours in advance.