The CNBC Financial Advisor Summit brings together the country’s top advisory firms to explore the state of markets.
Forward-thinking advisors meet to hear from financial industry heavyweights about the state of the markets and the economy, and to discover new and innovative ways they can address the increasingly complex needs of their clients.
Penny Pennington is the managing partner of Edward Jones, a Fortune 500 financial services firm. As sixth managing partner in the firm's 99-year history, Penny is responsible for the firm's strategic direction, leading the firm's Enterprise Leadership Team and working together with more than 49,000 associates across North America to make a positive impact in the lives of Edward Jones' clients, colleagues and communities. She was recently named No. 34 in her third appearance on the Fortune Most Powerful Women in Business list.
Penny began her Edward Jones career in 2000 as a financial advisor in Livonia, Mich. In 2006, she was named a principal and relocated to the firm’s St. Louis headquarters where she held various leadership roles.
Penny earned a bachelor's degree in commerce with a concentration in finance from the University of Virginia and an MBA from Kellogg School of Management at Northwestern University. She is a graduate of Wharton’s Securities Industry Institute and is a CFA® charterholder.
A native of Nashville, Tenn., Penny now calls St. Louis home after relocating from Michigan 14 years ago with her husband, Mike Fidler, and two children. She is an active member of the St. Louis community, serving on the boards of the Federal Reserve Bank of St. Louis, United Way of Greater St. Louis, the Donald Danforth Plant Science Center, Washington University in St. Louis Board of Trustees, the Whitaker Foundation and Executive Committee of the Chair's Council for Greater St. Louis, Inc. Penny also actively champions Edward Jones' national presenting sponsorship with the Alzheimer's Association.
Bradley Tusk is a venture capitalist, political strategist, philanthropist and writer. He is a co-founder and Managing Partner at Tusk Venture Partners, the world’s first venture capital fund that invests solely in early stage startups in highly regulated industries, the founder of political consulting firm Tusk Strategies, and the co-founder and Chairman of the Ivory Gaming Acquisition Corp, a publicly traded company on the NASDAQ. Bradley’s family foundation is funding and leading the national campaign to bring mobile voting to all U.S. elections. Tusk Philanthropies also runs and funds anti-hunger campaigns that have led to the creation of universal school breakfast programs in 8 different states. Bradley is the author of The Fixer: My Adventures Saving Startups From Death by Politics, writes a column for Fast Company, hosts a podcast called Firewall about the intersection of tech and politics, and is the co-founder of the Gotham Book Prize. He is also an adjunct professor at Columbia Business School.
Previously, Bradley served as campaign manager for Mike Bloomberg’s 2009 mayoral race, as Deputy Governor of Illinois, overseeing the state’s budget, operations, legislation, policy and communications, as communications director for US Senator Chuck Schumer, and as Uber’s first political advisor. Bradley received his J.D. from the University of Chicago Law School and his B.A. from the University of Pennsylvania. He lives in Manhattan with his wife, art historian Harper Montgomery, their two kids, and their dog, Sam. He spends his free time worrying about the Mets.
Douglas A. Boneparth is the president and founder of Bone Fide Wealth. Early in his career, Boneparth became one of the youngest certified financial planner professionals in the country. In 2016, he was named to the InvestmentNews Top “40 Under 40.” Boneparth is also the co-author of The Millennial Money Fix, which helps millennials learn the reasons for their financial challenges and provides the mechanics for their solutions. He serves as the CFP Board Ambassador for New York, educating the public on how financial planning with CFP professionals can help people achieve their financial goals.
Boneparth has helped his clients negotiate sales of businesses; establish legacies for future generations; purchase new homes; pay off debt; and achieve financial independence. While servicing the needs of his diverse book of business, he noticed a gaping hole in the industry: advice for millennials, his peers.
He is a leading media source and influencer on millennial finance, appearing on CNBC’s On The Money and Nightly Business Report, ABC’s World News Tonight and Good Morning America, and Cheddar, as well as in The New York Times, The Wall Street Journal and others.
Boneparth may be reached by email at firstname.lastname@example.org. Follow him on Twitter at @dougboneparth.
Charles Carmakal is FireEye’s Strategic Services CTO and is one of the company’s leading incident response experts. He oversees a team that has helped over a thousand organizations respond to complex security breaches orchestrated by foreign governments, organized criminals, and political hacktivists. Charles has 19 years of experience helping organizations become more resilient to cyber attacks, including significant experience helping Fortune 500 organizations build and enhance security programs to combat advanced attacks. He frequently provides strategic security guidance to executive leadership and boards of directors.
Charles has conducted television and print interviews by media organizations including 60 Minutes, CNBC, Wall Street Journal, Reuters, Bloomberg, New York Times, Washington Post, NBC News, and Fox Business. Prior to joining FireEye, he served in various leadership roles within PwC in the US and Australia. He received Bachelor’s and Master’s degrees in Decision and Information Sciences from the University of Florida.
Charles is serving as the Chair for the Executive Track.
Jamil Farshchi is the Chief Information Security Officer of Equifax (NYSE: EFX). From breach response to business transformation, Farshchi has spent his career leading teams at some of the world’s most recognized brands.
Farshchi joined Equifax in 2018 and led an unprecedented transformation of the company’s security and technology capabilities in the aftermath of one of the most consequential data breaches in history. Good security is good for the bottom line and, in 2020, Equifax achieved record revenue of $4.1 billion — up more than 20% during his tenure.
Prior to Equifax, Farshchi was Chief Information Security Officer at The Home Depot, where he led the security turnaround for the Fortune 50 company following a high-profile breach.
He also previously served as Chief Information Security Officer of Time Warner, where he defended the company’s premier networks such as Warner Bros., CNN, and HBO; Vice President of Global Information Security for Visa, where he secured over $7 trillion of payment card transactions annually; and Chief Information Security Officer of the Los Alamos National Laboratory, where he protected some of the most sensitive national security and nuclear weapon assets in the U.S. Farshchi began his career at NASA protecting emerging technologies, eventually becoming the agency’s Deputy Chief Information Assurance Officer.
Farshchi serves on the Board of Directors for the National Technology Security Coalition as well as the Institute for Information Security and Privacy at Georgia Tech.
Mr. Garcia received a B.A. in Economics from Yale University. After graduating in 1985, he joined Salomon Brothers in New York City where he became a Vice President specializing in mortgage-backed securities. In 1990, he moved to Houston to join former Mayor Henry Cisneros to build Cisneros Asset Management Company, ultimately becoming its President. In 2002, he joined Garcia Hamilton & Associates and is the firm’s Managing Partner. Under his leadership, the firm grew from $200 million in fixed income assets under management to over $17 billion as of March 2021.
Mr. Garcia is proud to serve on two SEC advisory boards: SEC’s Fixed Income Market Structure Advisory Board and SEC’s Asset Management Advisory Committee, where he leads the Diversity and Inclusion subcommittee. He currently serves as a member of the Board of Trustees for Dallas Police & Fire Pension System and serves with Chairman Henry Kravis on the Board of Directors of SEO, a non-profit providing summer internships on Wall Street for minority undergraduates. Mr. Garcia was awarded SEO’s Alumni Leadership Award in 2015 alongside other honorees, including the former mayor of New York City, Michael R. Bloomberg, and Co-Founder & Co-CEO of The Carlyle Group, David M. Rubenstein.
Mr. Garcia and GH&A have received numerous industry recognitions. Most recently in 2020, Houston Business Journal recognized Mr. Garcia as a Diversity Champion within their Diversity in Business Awards and in 2019, he was awarded Houston’s Most Admired CEOs, as well as being ranked among their Best Places to Work in 2018. The firm also received Pensions & Investments’ Best Places to Work in Money Management for the fifth year in a row (2020, 2019, 2018, 2017, 2016). Emerging Manager Monthly awarded the firm Fixed Income Manager of the Year for the third time (2019, 2018 and 2010). Mr. Garcia received NASP’s Maynard Holbrook Jackson, Jr. Award in 2020. The award was established by NASP to honor the financial services professional who best exemplifies entrepreneurial achievement, community service and high moral standards. Mr. Garcia was recognized by American Jewish Committee Houston (AJC Houston) with the Human Relations Award in 2016. Other past awards include FundMap’s 2018 US Fixed Income Manager of the Year, Institutional Investor’s Intermediate-Term Fixed Income Manager of the Year in 2016 and 2015, as well as their 2014 Fixed Income Investment Grade Manager of the Year. In 2018 Mr. Garcia was co-chair for the Susan G. Komen Race for the Cure. The same year, he was also awarded “Male Entrepreneur of the Year 2018” by the Houston Hispanic Chamber of Commerce.
Mr. Garcia is committed to giving back to the communities and supporting those in need. During the COVID-19 crisis, Mr. Garcia and GH&A have donated over 35,000 masks along with hand sanitizer and disinfectant wipes to various organizations. In response to Houston’s recent freeze, Mr. Garcia teamed up with H-E-B Grocery Company, The Houston Food Bank, and community and state leaders to host multiple food and supplies distributions in the local communities most affected by the storm. Additionally, Mr. Garcia and GH&A sponsored the Houston Children’s Museum re-opening and Summer Vibes program.
From 2012 - 2016, Mr. Garcia served as Chairman of the Metropolitan Transit Authority of Harris County where he implemented the “Garcia Rule” which requires at least one diverse investment manager be included in every asset class search. Also, during his tenure, METRO paid down debt and started five year budget forecasting , secured a $900 million full funding grant agreement for light rail expansion, passed a referendum securing additional funding for METRO with 80% voter approval, increased light rail from 7 miles to 22 miles, and reimagined the entire bus system. This led to METRO receiving transparency awards and being awarded the 2015 APTA Award for Outstanding Public Transportation System Achievement.
Previously, Mr. Garcia served on the Board of Directors of Sanchez Energy, Secretary of the Board of Directors of the Houston Downtown Management District, member of the Board of Directors of the Yale Club of Houston and a member of the Board of Trustees of the Houston Municipal Employees Pension System. In addition, he is a Class X graduate of Leadership Houston. Mr. Garcia is married with four children and enjoys martial arts and coaching youth sports.
Ivory Johnson is the founder of Delancey Wealth Management. A Washington-based Certified Financial Planner and chartered financial consultant, he has more than 20 years of investment experience and specializes in comprehensive financial planning and portfolio management.
Johnson regularly appears on CNBC as a financial planning specialist and is a frequent blogger at CNBC.com. He has been quoted in several publications, including US News & World Report, Journal of Financial Planning, Black Enterprise, The New York Times, The Washington Post and Investment News.
Johnson is the former director of financial planning at Scarborough Capital Management, has worked as an investment adviser with Charles Schwab and Prudential Securities, and served as an associate vice president with First Union National Bank, providing estate planning and portfolio management for high-net-worth families. He graduated from Penn State University with a bachelor’s degree in finance.
Johnson can be reached by email at email@example.com. Follow him on Twitter at @Ivory_Johnson.
Jeff Kotalik is a First Vice President, Sports and Entertainment Director, NFLPA Registered Institutional Player Financial Advisor & Senior Portfolio Manager with The Titan Group at Morgan Stanley. With over two decades of industry experience, Jeff focuses on crafting comprehensive wealth management plans for professional athletes, established and emerging entertainers, high net worth families, corporate executives, and entrepreneurs. Jeff has passionately supported USA Volleyball & USA Diving as an athlete, coach and parent for over 30 years. Jeff can be reached at Jeffrey.M.Kotalik@MS.com. Follow Jeff and The Titan Group on Twitter @TitanGroupMS
Stephanie Link is chief investment strategist and portfolio manager at Hightower, a national wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations.
Prior to joining Hightower, Link was the senior managing director and head of global equities research at Nuveen, where she co-managed the CREF Stock Variable Annuity Portfolio with $170 billion in assets, managed her own US Core portfolio with $3.7 billion in assets and oversaw 33 investment professionals who collectively managed $40 billion. Before joining Nuveen, Ms. Link spent seven years at TheStreet as Chief Investment Officer and co-portfolio manager of Jim Cramer’s Charitable Trust. Before that, she served for 10 years at Prudential Equity Group as managing director of institutional sales and director of research. She began her career at Dean Witter Reynolds in the institutional sales department.
Ms. Link earned a B.S. in finance at Boston College. She currently serves as chairperson for the Investment Advisory Council at the Basking Ridge Presbyterian Church in Basking Ridge, NJ. She is also a board member at The Pingry School, in Basking Ridge, NJ.
As an investment professional with over 28 years of experience managing money, Ms. Link’s professional insights are frequently sought after for industry events and by the media.
What does Stephanie Link do when she’s not investing? Here’s a look in our Halftime Report “Trade Off”
Follow Stephanie Link on Twitter: @Stephanie_Link
Jon Mauney leads Betterment for Advisors, a leading digital-first wealth management platform for RIAs. After joining Betterment in 2013, Jon spent several years building software and leading engineering teams. Now, Jon spends his time working with financial advisors to build products that make their businesses more streamlined, efficient, and delightful for their clients. Jon received his Bachelor's degree in Economics and Public Policy from the University of North Carolina at Chapel Hill.
Kristi Martin Rodriguez currently serves as Senior Vice President of the Nationwide Retirement Institute® for Nationwide Financial, leading the teams responsible for advocating for and educating members, partners and industry leaders on issues impacting their ability to have a secure financial future.
In her current role, Kristi oversees an extensive network of knowledgeable professionals who provide hands-on consultation to develop client strategies and address the major concerns America’s workers face when planning for retirement. Through timely insights, education and client-ready tools, both financial professionals and individuals are able to work directly with Nationwide to increase their awareness and knowledge of complex financial topics such as retirement income planning, health care, long-term care and Social Security.
Kristi has over 20 years of extensive experience in business-to-business and direct-to-consumer strategies and building high-performing teams. She joined Nationwide in 2015 as the Vice President of Marketing for Nationwide’s retirement plans business. Before joining Nationwide, Kristi held marketing and business leader roles at Aetna and UnitedHealth Group. Her experience includes functioning as the enterprise program lead of health care reform for UnitedHealthcare. Additionally, Kristi led a business development team working with the public sector, labor and trust and national accounts as liaison to their sales organization. She has a bachelor’s degree in Finance from Hampton University as well as a Series 6 and 26 securities registrations.
Kristi is an active member of the community, working with several non-profit and social organizations that aid unserved communities throughout the country. Kristi was one of the founding members of the Ohio chapter of The National Association of Securities Professionals (NASP), an organization helping people of color and women achieve inclusion in our industry. Kristi serves as a board member for Kindway, a non-profit organization dedicated to the successful re-entry of incarcerated men and women into the community. Additionally, Kristi is a member of the Board of Trustees for The American College of Financial Services.
The People's CPA, Sheneya Wilson, is a serial entrepreneur, real estate investor, and wealth educator. She has been a featured tax expert in The New York Times, Forbes, CNBC, and currently serves on the Business Insider's 2021 Tax Review Board.
As the founder and CEO of Fola Financial LLC, an accounting and consulting firm dedicated to assisting clients with navigating their financial journey, she prides herself in educating and providing exceptional financial services to accelerate the growth of small business owners, real estate investors, and affluent professionals.
She is also the creator of the Tax Essentials Learning Program, an IRS certified tax course created to teach individuals how to monetize an essential skill. To her, "Education is the most powerful tool of which you can use to change the world" - Nelson Mandela.
Liz Young is SoFi’s Head of Investment Strategy, responsible for providing economic and market insights to a variety of audiences. Prior to joining SoFi, Liz was the Director of Market Strategy at BNY Mellon Investment Management where she formulated and delivered views on macroeconomic themes and their effects on capital markets. Earlier in her career, she was a due diligence analyst at Robert W. Baird and a research analyst at BMO Global Asset Management. Liz is passionate about educating others on markets and investing in order to help people feel empowered to take a more active role in their financial futures.
Build America Mutual guarantees timely payment of interest and principal on the U.S. municipal bond bonds it insures. Since 2012, BAM has helped finance more than $75 billion of essential infrastructure for cities, states, counties, public utilities, and school districts. All BAM-insured bonds are rated AA with a Stable outlook by S&P Global Ratings and BAM is the preferred bond insurer of the National League of Cities. Learn more at www.buildamerica.com.
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 31 Dec 2021 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.
PGIM, the investment management business of Prudential, ranks among the top 10 largest asset managers in the world*, with more than $1 trillion in assets under management and over 1,100 investment professionals worldwide. PGIM is comprised of autonomous asset management businesses, each specializing in a particular asset class with a focused investment approach:
This model offers investors diversified solutions through investment strategies across asset classes and geographies, including public equities, public and private fixed income, commercial mortgages and real estate. Through consistent investment processes, risk-management expertise and innovative strategies, PGIM works with investors worldwide to help them realize a wide range of business objectives.
For more information, visit www.pgim.com.