Family Wealth Report, 24 September – 2015

Bruce is a chartered accountant with over 37 years financial services experience, previously a partner in PwC, latterly as Global leader of their Wealth Management practice and the key driver of their bi-annual Wealth Management Report. Bruce is now CEO of Weatherill Consulting providing advice on client centricity and wider strategic matters to wealth managers. He is the author of The Value of Trust: the quest by Wealth Managers for Trusted Advisor status and a number of other thought leadership reports. Bruce is chairman of ClearView Financial Media and a non-executive of a number of companies including Fidelity Holdings UK, The Wisdom Council, ComPeer, JDX Consulting and Ten Group.

Charlie Carr is an executive director in EY’s private client services practice, specializing in family offices. He joined EY in 2014, after 19 years with US Trust, Bank of America Private Wealth Management, including eight years in US Trust’s multi-family office, and four years directing private bank client research and leading a national effort to increase client delight. Prior to joining Bank of America, he was a manager in Price Waterhouse’s Management Consulting Services group.

He provides particular insights into wealthy families, their family offices, and what they want from financial services firms. He has worked with hundreds of family offices, helping families create the family office that best meets their interests and goals, including defining what services to offer, finding technology that supports those services, identifying risks in the office, and defining efficient processes to support the family and their desired legacy.

FSL is the market-leading provider of specialist investment tax solutions: keeping our clients ahead of change, removing complexity and protecting them from risk.

Our Offshore Reporting Funds website is a single point of access to accurate, trusted and up-to-date data on these complex investment vehicles, for timely submission of HMRC tax forms.

CGiX, our market-leading capital gains tax software, drives CGT calculations in over 100 organisations across the UK and Europe, including 25 Tier 1 and Tier 2 investment banks, private wealth companies, IFAs and specialist tax consultancies.

With a twenty-year track record as the market’s full-service strategic partner of choice, our experience, quality, authority and complete client-focus enables FSL to streamline investment tax management and future-proof businesses.

Jason Brown founded Archway Technology Partners in 2002. He holds overall responsibility for all aspects of the firm as broad as strategic growth and as detailed as daily company operations. Jason has overseen the growth of the company from one person to today where the firm employs over 100 highly-skilled team members across three separate businesses in three locations.

From 1995 to 1997, Jason worked for Arthur Andersen Business Consulting in Grand Rapids, MI, where he worked on developing and implementing enterprise resource planning software systems. In 2001, Jason founded a hedge fund named The Pioneer Group. During this time Jason developed a software application to manage the partnership accounting and back-office accounting functions for hedge funds. In August 2002, Jason closed The Pioneer Group and founded Archway.

Kemp oversees the fiduciary services and family wealth groups for wealth advisory services at Wilmington Trust Company. He leads the national private client services team and family office team that handle the financial and life management affairs for those clients with the most complex needs. Kemp also leads the wealth advisory business acceptance process and partners with the leaders in the firm’s national offices to oversee the fiduciary and planning experts located throughout the US. He also serves as a member of the trust management committee, investment committee, and as an ex-officio member of the investment strategy team.

Kemp has more than 27 years of experience in the financial services industry, specializing in developing and coordinating appropriate tax advantaged strategies and wealth management services for prominent individuals, families, and foundations. He joined Wilmington Trust in 1998 and served as president of Wilmington Trust, FSB Florida from 2002 to 2008. Earlier in his career, Kemp held various trust and business development positions at Bessemer Trust Company and Bank of Boston.

Michael is an industry veteran with more than 25 years of experience building successful wealth management firms. Most recently, Michael served as the CEO of Cresset Asset Management, an SEC Registered Investment Advisor. Cresset offers individuals and families access to a comprehensive suite of family office services, personalized wealth management, investment advisory, planning, access to third-party and direct private investments and advanced technology and reporting solutions. Before joining Cresset, Cole was founder and president of Ascent Private Capital Management of U.S. Bank, an award-winning multi-family office. Prior successes include head of Wells Fargo Family Wealth, now called Abbot Downing, and President of Merrill Lynch Trust.Cole is author of the book More Than Money: A Guide to Sustaining Wealth and Preserving the Family. Since its release, the book has consistently been in the top 100 of Amazon’s best-selling books in Wealth Management and Financial services.

Having joined WE Family Offices as one of its three managing partners in 2013, Michael Zeuner oversees the firm’s US business. A management consultant by training, Michael has considerable experience as a leader in the wealth management industry. This included a leadership position at GenSpring Family Offices, where he was a member of the firm’s operating committee and senior executive partner responsible for the firm’s local family offices across the US. Before this he was managing director and global head of wealth solutions at JP Morgan Private Bank, having been head of strategy and marketing worldwide at Chase Manhattan Private Bank prior to its merger with JP Morgan in 2002. Michael is also a board member and co-founder of the Institute for the Fiduciary Standard.

Paul Cummings is the regional managing director of the Northeast region of Abbot Downing where he oversees strategy and client management. Prior to joining Abbot Downing, Paul was a managing director at Merrill Lynch where he managed solution delivery and strategic planning.

Before Merrill Lynch, he worked for more than 15 years at The Bank of New York where he was a managing director and head of the advisor wealth services group. Paul has served as a member of the Investment Company Institute’s research committee. He is an active supporter of United Way and involved with several community organizations. Paul lives in New Jersey with his wife and three children.

Mr. Pruitt is responsible for the Envestnet | Placemark business as well as leading the portfolio management product organization.

Prior to Envestnet’s acquisition of Placemark Investments, he served as Chief Investment Officer of Placemark Investments and led the design and delivery of Placemark’s overlay management service. Ron graduated from the United States Military Academy at West Point and was a Kozmetsky scholar at the University of Texas at Austin’s Graduate School of Business where he received his MBA. He is a CFA charter holder and is the Inventor of US Patent number 7,668,773 that focuses on overlay portfolio management of taxable portfolios. Prior to founding Placemark Investments, Ron had five years of distinguished military service and subsequently held various roles within General Electric including leading the implementation of Six Sigma initiatives as a Black Belt and Master Blackbelt .

Ronald Shemesh is a senior vice president and senior portfolio manager on the structured equity team at Columbia Threadneedle Investments. He is responsible for both institutional and high-net-worth domestic tax efficient structured equity (TESE) portfolios. Ronald joined one of the Columbia Threadneedle Investments legacy firms in 2003.

Previously, Ronald was a senior consultant at Barra Inc. He has been a member of the investment community since 1997.

Ronald is a member of the New York Society of Security Analysts and the CFA Institute. In addition, he holds the Chartered Financial Analyst designation.

Stephen Harris is chief executive of ClearView Financial Media, publisher of global wealth management news sites WealthBriefing, Family Wealth Report and WealthBriefingAsia; as well as compliance, tax and remuneration-centred Compliance Matters, Offshore Red and Executive Compensation Briefing respectively. He has 25 years’ financial publishing experience, 17 years of which have been running growth companies.

Stephen Lee is a regional vice president in the private wealth division for Columbia Management Distributors. Stephen joined the firm in 2006 and has been a member of the investment community since 1995, and holds the Certified Investment Management Analyst designation.

Prior to joining Columbia Management, Stephen spent several years as a consultant to the hedge fund industry, specializing in marketing and distribution. He has worked in alternative investments at Citigroup Alternatives Investments and KPG Investments, and in private banking at JP Morgan, Deutsche Bank and Swiss Bank Corporation in New York.

Stephen has taught at City College of the City University of New York and Lafayette College.

Thomas Riggs has over 30 years of experience in the financial services industry, and during that time he has been a trusted advisor to countless family offices, funds, private equity and venture capital firms. He works closely with families in structuring their investment holdings in a tax-efficient manner, as well as assisting fund managers and investment advisors in structuring and maintaining their investment vehicles. He services a worldwide client list, and is often called upon to provide international tax guidance.

Thomas began his career in Chicago as a tax manager in the partnership tax group of Arthur
Andersen & Co. After three years in private industry as tax director and in-house counsel he turned to a career in the Chicago futures and options markets as an SEC-licensed broker/dealer and member of the Chicago Board Options Exchange. From there he transitioned into private practice as a legal and tax consultant to the Chicago trading and investor community.