The economy is at a critical juncture in its pandemic recovery. Inflation that’s running at its highest level in 40 years, coupled with the promise of aggressive, ongoing interest rate hikes, has created some real craters in the overall market. Meanwhile, escalating geopolitical tensions hint that the next Cold War will be primarily fought on the economic front. How can advisors help their clients navigate these headwinds? Is a recession on the horizon? Where can investors find some sense of clarity?
CNBC’s Financial Advisor Summit virtually convenes forward-thinking advisors to hear from industry heavyweights with insight into all of this and more. This event is eligible for 4.5 CFP CE credits.
To read more about CNBC’s list of top-rated financial advisory firms, visit ushere.
If you missed this event, you can watch all videos on demand now. Join us in December for our end-of-year CNBC FA Summit — register here.
Guy is an original member of CNBC's Fast Money. He is currently the Director of Advisor Advocacy at Private Advisor Group in Morristown, New Jersey. Private Advisor Group is comprised of a network of nearly 600 advisors with assets approaching $17B.
Guy has held numerous key leadership roles in the financial services industry. He began his career at Drexel Burnham Lambert in 1986 and was quickly promoted to Vice President and head gold trader at the firm. In 1996, he joined Goldman Sachs as their head gold trader and one of the many proprietary traders within the Fixed Income Currency and Commodity division. In the spring of 2000, Adami joined the U.S. Equities division of Goldman Sachs where he was put in charge of the firm's Industrial/Basic Material group.
Guy is the Vice Chairman of the NJ Chapter of The Leukemia and Lymphoma Society, who named him their "Man of the Year" in 2015.He also sits on the national board of Invest in Others, and Big Brothers Big Sisters. In August 2012, Guy completed the New York City Ironman.
Omar Aguilar is Chief Executive Officer and Chief Investment Officer of Schwab Asset Management, responsible for leading, developing, and overseeing all investment strategies for the firm. Schwab Asset Management is the dba name for Charles Schwab Investment Management, Inc., a subsidiary of The Charles Schwab Corporation and the investment adviser to the Schwab Funds, Laudus Funds, Schwab ETFs, and equity and fixed income separate account strategies.
Aguilar has more than 25 years of broad investment management experience in the equity markets, including managing index, quantitative equity, asset allocation, and multi-manager strategies. Prior to joining Schwab Asset Management in 2011, Aguilar worked at Financial Engines where he was responsible for managing more than $40 billion in assets from leading retirement plan sponsors in the defined contribution market. Before that, he served as head of quantitative equity for ING Investment Management (now known as Voya Investment Management), building and developing the group and managing more than $20 billion in assets with 15 global active, index and enhanced index strategies for pension funds, variable annuities, and mutual funds. Aguilar also served as head of quantitative research for Lehman Brothers' alternative investment management business and as a director of quantitative research and a portfolio manager with both Merrill Lynch Investment Management and Bankers Trust.
Aguilar was a Fulbright Scholar at Duke University’s Institute of Statistics and Decisions Sciences where he earned a Master of Science and a doctorate. He also earned a Bachelor of Science in actuarial sciences and a graduate degree in applied statistics from the Mexico Autonomous Institute of Technology (ITAM).
J. Kyle Bass is the Founder and Chief Investment Officer of Hayman Capital Management, an investment manager of private funds focused on global event-driven opportunities. He is also the Co-Founder and Chief Executive Officer of Conservation Equity Management, an environmental sustainability private equity firm founded in 2021.
Mr. Bass is a founding member of the Committee on the Present Danger: China. Mr. Bass was the recipient of the 2019 Foreign Policy Association Medal for his responsible internationalism and is a current member of the Council on Foreign Relations. Mr. Bass has testified as an expert witness before the U.S. House of Representatives, U.S. Senate, and the Financial Crisis Inquiry Commission.
In 2015, Bass was recognized as one of the Top 25 Most Influential People in the Global Patent Market as named by Intellectual Asset Management magazine. Mr. Bass has lectured on global economics at various universities, including Columbia, Harvard, Stanford, UC Berkeley, University of Chicago, University of Texas, and the University of Virginia. Mr. Bass is the former Chair of the Risk Committee of the Board of Directors of the University of Texas Investment Management Company (UTIMCO), which manages approximately $50 billion.
Before forming Hayman, Mr. Bass was a Managing Director at Legg Mason and a Senior Managing Director at Bear Stearns. He graduated from Texas Christian University with a degree in finance. Mr. Bass serves on the board of the Texas Department of Public Safety Foundation and Melinda’s Foods.
Louis Barajas strives to redefine what it means to be a wealth and business expert. Rather than limiting his scope to the size of the client’s bank balance, investment portfolio, or retirement account, his approach is to show people how to use their finances to enrich their lives. Louis connects with people through their passions, their dreams, and their sometimes- challenging life situations. His ability to guide clients through the ever-changing landscape of consumer finance has resulted in Louis becoming a highly-sought-after wealth and business manager to iconic Latin artists, athletes and executives.
In 2020, Louis’ wealth management firm, Wealth Management LAB merged with MGO Private Wealth, and now manages assets for influential celebrities, athletes, executives and other high-net-worth individuals.
Since 2017, Louis has annually been selected as one of the top 30 business managers in Billboard Magazine, and has been featured on Variety Magazine’s Elite Business Managers list. He was recently featured on Investopedia’s Top 100 Advisors for 2019 and selected to CNBC’s Advisory Council for 2020. Louis currently serves on the CFP Board Center for Financial Planning’s Diversity Advisory Group.
His passion for giving back to the public was highlighted in 2014, when he received the prestigious Heart of Financial Planning Award. Louis also served as the first minority member on the National Board of the Financial Planning Association, and was named Small Business Journalist of the Year by the Los Angeles Office of the Small Business Administration. Money Magazine named Louis as one of America’s Top Advisors and he was chosen by People en Español as a person making a difference in the lives of Americans.
Louis also loves to teach and has served as an adjunct professor for financial planning course. He has published five books on personal finance and entrepreneurship and will release his sixth book, The Go-Better Entrepreneur, in September 2021 (www.louisbarajas.com).
Louis is a prominent speaker and presenter and his perspective has been featured in publications that include USA Today, The Miami Herald, The Los Angeles Times, and Success Magazine. He has also shared his financial and business insights on national TV networks that include CBS, CNN, CNBC and Fox Business News. His radio experience includes appearances on NPR’s Tell Me More and Marketplace Weekend Edition. In 2015 and 2016, Louis was part of NPR’s Family Matters live tour at universities throughout the United States.
Louis received his Bachelor of Arts degree in Sociology from UCLA in 1984, a Master’s Degree in Business Administration in 1987, the California Life & Health Insurance License in 1989, the Certified Financial Planner designation in 1990, registered as an Investment Adviser in 1991, and received the IRS Enrolled Agents License in 1992.
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 douglas@bonefidewealth.com. Follow him on Twitter at @dougboneparth.
Lazetta Rainey Braxton MBA, CFP®, Co-CEO of 2050 Wealth Partners and CEO of Lazetta & Associates, is on a mission to transform human capital to equitable financial capital through holistic financial planning for underserved households and consulting for financial advisory firms who value Diversity, Equity and Inclusion. She provides access to financial planning for “the rest of us” while also advising C-Suite financial services leaders who are accustomed to the 1%.
Lazetta, a nationally-recognized financial expert, has appeared on NBC Nightly News with Lestor Holt and CNBC’s Closing Bell. She is a member of the CNBC Digital Financial Advisor Council and a Wall Street Journal Financial Experts blog contributor.
Recognized for her leadership and dedication to the financial planning profession, Lazetta was named one of Investment News’ inaugural Women to Watch and Excellence in Diversity and Inclusion recipients. She also received the Association of African American Financial Advisors’ Leadership Legacy Award and the Heart of Financial Planning award from the Financial Planning Association. She currently serves as Chair of the Board for the Association of African American Financial Advisors (AAAA) and President of AAAA Foundation.
John founded the company to help business executives make informed housing industry investment decisions. The company’s research subscribers receive the most accurate analysis possible to inform their macro investment decisions, and the company’s consulting clients receive specific property and portfolio investment advice designed to maximize profits. The team takes great pride in enabling the profitable development of the best places to live in the world.
John co-authored Big Shifts Ahead: Demographic Clarity for Businesses, a book written to help make demographic trends easier to understand, quantify, and anticipate. 750,000+ people follow John’s LinkedIn Influencer column, 40,000+ subscribe to the company’s newsletter, and the media cited the firm 475+ times in 2021.
Before founding John Burns Real Estate Consulting in 2001, John worked at a national consulting firm for 4 years and for 10 years at KPMG Peat Marwick—2 as a CPA and 8 in their Real Estate Consulting practice.
John has a B.A. in Economics from Stanford University and an MBA from UCLA, and works in our Irvine, California office. He has attended home games for all 30 major league baseball teams, and regularly runs the hills in Southern California.
Nancy Davis founded Quadratic Capital in 2013. She is the portfolio manager for The Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSE Ticker: IVOL) and The Quadratic Deflation ETF (NYSE Ticker: BNDD). Both funds are long fixed income volatility.
Nancy has been the recipient of numerous industry recognitions. Barron’s named her to their inaugural list of the "100 Most Influential Women in U.S. Finance." Institutional Investor called her a "Rising Star of Hedge Funds." The Hedge Fund Journal tapped her as one of "Tomorrow's Titans."
Nancy began her career at Goldman Sachs where she spent nearly a decade, the last seven with the proprietary trading group where she rose to become the Head of Credit, Derivatives and OTC Trading. Prior to founding Quadratic Capital Management, she served as a portfolio manager at Highbridge Capital Management.
Dan Egan is the VP of Behavioral Finance & Investing at Betterment. He has spent his career using behavioral finance to help people make better financial and investment decisions. Dan is a published author of multiple publications related to behavioral economics. He lectures at New York University, London Business School, and the London School of Economics on the topic.
Bonawyn Eison, who currently resides in New York, New York, studied Economics and International Relations at Stanford University while playing for the men’s soccer team. After earning his BA in Economics in 2005, Bonawyn moved to New York shortly thereafter to pursue a career in the financial markets. Specializing as an options trader, Bonawyn traded the financial and energy options portfolios for JPMorganChase Bank before moving on to further his career at Citadel Global Multi-strategy hedge fund and asset manager. He contributes to CNBC as a financial strategist, contributing regularly to their “Fast Money” and “Options Action” programs on financial markets and option trade analysis. He currently is a private investor specializing in cross-asset portfolio management and capital structure arbitrage.
Stacy is a nationally recognized financial expert with over 20 years of experience in the financial industry. She is one of twenty of the nation’s leading wealth managers on CNBC’s Digital Financial Advisor Council, and frequently appears in media outlets such as Forbes, Kiplinger, The Wall Street Journal and USA Today.
Danielle Hale is responsible for developing and translating real estate trend data into consumer and industry insights. She also leads realtor.com’s team of the industry’s top analysts and economists with the goal of providing deeper and broader housing insights to people throughout the home journey, industry professionals, and thought leaders.
Before joining realtor.com in July 2017, Danielle spent nearly a decade as an economist and policy researcher at the National Association of REALTORS. As managing director of housing research, Danielle oversaw the production of closely followed housing market data, including NAR’s monthly pending and existing home sales indices and quarterly home price reports. Danielle previously served as manager of tax policy research, leading research projects on topics including how federal, state and local policies impact the real estate market.
Prior to joining NAR as an economist in 2008, Danielle spent three years at the American Enterprise Institute, where she produced research and managed its executive office’s communications. Her work during that time included research contributions to Dr. Allan Meltzer’s A History of the Federal Reserve, Volume II (University of Chicago Press, 2010).
Danielle earned her degrees from Florida State University and calls the Virginia suburbs of Washington, DC home.
Naftali Holtz is Chief Financial Officer for the Royal Caribbean Group. He is responsible for overseeing the company’s financial planning and analysis, corporate strategy, treasury, corporate tax, investor relations, investments, internal audit, accounting and financial reporting.
In his previous role, Holtz was senior vice president of finance, responsible for financial planning and analysis, risk management and treasury.
Holtz worked with Goldman Sachs as a managing director and head of lodging and leisure investment banking before joining Royal Caribbean Group in 2019. Prior to that, he served as an officer in the Israeli Air Force. He holds a bachelor of science in computer science and economics from Tel Aviv University and an MBA from the University of Chicago Booth School of Business.
Bradley T. Klontz, Psy.D., CFP® is an expert in financial psychology, financial planning, and applied behavioral finance. He’s an Associate Professor of Practice at Creighton University Heider College of Business, Co-Founder of the Financial Psychology Institute, and Managing Principal of Your Mental Wealth Advisors. In addition to Money Mammoth (Wiley, 2020), Dr. Brad Klontz is co-author/co-editor of Facilitating Financial Health (NUCO, 2008; 2016), Financial Therapy (Springer, 2015), Mind Over Money (Broadway Business, 2009), Wired for Wealth (HCI, 2008), and The Financial Wisdom of Ebenezer Scrooge (HCI, 2005; 2008).
Dr. Brad Klontz is a Fellow of the American Psychological Association, and a Former President of the Hawaii Psychological Association. He was awarded the Innovative Practice Presidential Citation from the American Psychological Association for his application of psychological interventions to help people with money and wealth issues and his innovative practice in financial psychology for practitioners across the country.
Dr. Brad Klontz has been a columnist for the Journal of Financial Planning, On Wall Street, and PsychologyToday.com. His work has been featured on ABC News’ 20/20, Good Morning America, and in USA Today, The Wall Street Journal, New York Times, Washington Post, Los Angeles Times, Time, Kiplinger’s, Money Magazine, NPR and many other media outlets and professional magazines and journals.
In 2019 he was appointed to the CNBC Financial Wellness Council and in received the 2018 Montgomery-Warschauer Award from the Journal of Financial Planning, honoring the most outstanding contribution to the betterment of the financial planning profession. He has partnered with organizations including Capital One, JP Morgan Chase, Mutual of Omaha, and H&R Block in efforts to help raise public awareness around issues related to financial health and financial psychology.
Alicia Levine is Head of Equities, Trading, and Capital Markets Advisory and interim Chair of Wealth Management’s Investment Strategy Committee. Alicia is one of the firm’s leading voices for market analysis and investment outlook. She is the go-to person for client-facing economic analysis, market strategy and asset allocation across the bank.
Alicia is a regular on-the-record source, live broadcast commentator and breaking news analyst for a variety of media outlets including, Barron’s, Bloomberg, CNBC, CNN, Financial Times, Fox Business News and the Wall Street Journal.
Alicia was previously the Chief Strategist at BNY Mellon Investment Management.
She joined BNY Mellon in 2016 from Angelo, Gordon and Co., a multi-strategy alternative asset manager, where she served as the Director of Communications. Prior to that, she was a research analyst and portfolio manager at Bentley Capital Management, where she invested in public equities and built long/short portfolios for clients.
Alicia earned a Bachelor of Arts from Brown University and a Master of Arts and Doctor of Philosophy from the University of Chicago. She was awarded a pre-doctoral fellowship from Stanford University, a post-doctoral fellowship from Harvard University and a research fellowship from the Hoover Institution. Alicia is a member of the Investment Committee for the National Academy of Design.
Mobile: (917) 843-4433 | Twitter: @AliciaLevinePhD | Skype: alicia.levine.moller@gmail.com
Lynn Martin is President of NYSE Group, which includes the New York Stock Exchange, the world’s largest stock market.
Martin is the 68th President of the New York Stock Exchange and the second woman to lead the exchange in its 229-year history. The NYSE, the premier venue for capital raising, is the listing home to 2,400 of the world’s most influential and innovative companies.
In addition to the exchange, NYSE Group includes four fully electronic equity markets, including NYSE Arca, the industry leader in ETFs, and two options exchanges.
Martin is also Chair of Fixed Income & Data Services at Intercontinental Exchange, Inc. (NYSE: ICE), the parent of NYSE Group. Most recently, she was President of that business, responsible for ICE Bonds execution venues, securities pricing and analytics, reference data, indices, desktop solutions, consolidated feeds and connectivity services that cover all major asset classes.
She previously served as President of ICE Data Services, COO of ICE Clear U.S., and in a number of leadership roles including CEO of NYSE Liffe U.S. and CEO of New York Portfolio Clearing. Martin began her career at IBM in its Global Services organization.
Martin holds a BS in Computer Science from Manhattan College and an MA in Statistics from Columbia University. She serves on the Manhattan College Board of Trustees as well as the Advisory Board of the School of Science and is a member of the Phi Beta Kappa National Honor Society.
Betsy Mayotte is the President and Founder of The Institute of Student Loan Advisors (TISLA). She has been working in the student loan industry doing compliance and advocacy work for over 20 years and has helped thousands of borrowers with their student loans.
Betsy has served as a primary negotiator for several federal Title IV negotiated rulemaking sessions on topics such as the use of student loans at foreign schools, loan rehabilitation and borrower defense to repayment. In addition, Mayotte frequently conducts regulatory trainings for the higher education financing industry both in the United States and as far away as the United Kingdom, Canada, Australia and New Zealand. She is regularly quoted in the media on student loan issues including the Washington Post, New York Times, Wall Street Journal and the Boston Globe. Betsy was born and raised in Lowell, MA and currently lives in Plymouth, MA.
Richard McPhail serves as executive vice president and chief financial officer of The Home Depot and is responsible for managing the company’s financial performance, as well as capital allocation, investor relations, tax, treasury, corporate strategy and strategic business development.
Richard joined The Home Depot in 2005 and has served in senior roles in strategic planning, financial planning, business development, real estate, international financial management and as the primary finance partner to all main commercial functions.
Previously, Richard was executive vice president of corporate finance with Marconi Corporation in England. He also held positions with Wachovia Securities and Arthur Andersen.
Richard serves on the executive committee of the Metro Atlanta Chamber and is a member of the board of trustees of Odyssey Atlanta, Zoo Atlanta and The Westminster Schools. He earned bachelor’s degrees in economics and in business management from North Carolina State University and a master’s degree in business administration from the Fuqua School of Business at Duke University.
Sébastien Page is Head of Global Multi-Asset and Chief Investment Officer. He oversees a team of investment professionals dedicated to actively managing a broad set of multi-asset portfolios representing more than $456 billion in assets, including the firm’s target date franchise. He is a member of the Asset Allocation Committee, which is responsible for tactical investment decisions across asset allocation portfolios, and a member of the Management Committee of T. Rowe Price Group, Inc.
Sébastien’s investment experience began in 2000, and he has been with T. Rowe Price since 2015. Prior to this, Sébastien was employed by PIMCO as an executive vice president where he led a team focused on research and development of multi-asset solutions. Prior to joining PIMCO in 2010, he was employed by State Street Global Markets as a senior managing director.
Sébastien earned a Master of Science degree in finance and a bachelor’s degree in business administration from Sherbrooke University in Quebec, Canada. He also has earned the Chartered Financial Analyst® designation.
Sébastien coauthored award-winning research papers for The Journal of Portfolio Management in 2003, 2010, 2011 and 2022 and the Financial Analysts Journal in 2010 and 2014. He is the author of the book “Beyond Diversification: What Every Investor Needs to Know About Asset Allocation” (McGraw Hill, 2020) and the coauthor of the book “Factor Investing and Asset Allocation” (CFA Institute Research Foundation®, 2016). Sébastien is a member of the editorial board of the Journal of Portfolio Management and the Financial Analysts Journal, and he is a member of the Research Committee of the Institute for Quantitative Research in Finance (Q Group). He regularly appears in the financial media, including Bloomberg TV and CNBC and was recently named amongst the 15 Top Voices in Finance for 2022 by LinkedIn.
Tim Seymour is founder and Chief Investment Officer of Seymour Asset Management (SAM). SAM provides both asset management and wealth management services for its clients. Tim is also the Portfolio Manager of the Amplify Seymour Cannabis ETF ticker: $CNBS.
Tim has over 24 years of investment experience as a portfolio manager, allocator and capital markets professional across multiple asset classes. Tim is a recognized voice within the investment community as a trader and market strategist on CNBC. For over a decade, Tim has been a primary investor voice on CNBC’s Fast Money. Tim is often cited as one of the top finance professionals on Twitter, including The Wall Street Journal’s “Top Tweets For Your Money”.
Tim was the CIO and co-founder of Triogem Asset Management where the firm’s flagship fund was a long short global equity strategy. Triogem’s investment approach was rooted in running a low volatility portfolio that managed top down risks while employing a rigorous research process to bottom up stock picking.
Prior to Triogem, Tim was co-founder and Managing Partner at Red Star Asset Management (Moscow, New York), where the firm managed a multi-strat fund investing across Russia/Eastern Europe.
Before launching Red Star, Tim was a Partner and Managing Director at Troika Dialog, Russia’s largest investment bank in Moscow. At Troika, Tim served in various roles including running fixed income sales and trading and launching the firm’s US broker/dealer and overseeing all US capital markets activity.
Tim started his career at UBS in New York, focusing on international macro (cash bonds, swaps, forex). Tim completed the firm’s capital markets training program after graduating with an MBA in International Finance from Fordham University.
Tim received his undergraduate degree at Georgetown University.
He acts in an advisory capacity to multiple cannabis companies. He also serves as an Advisory Board Member for The Georgetown Wall Street Alliance.
Tim lives in New York City with his wife and two children. When he is not with his family, Tim is playing drums and singing in his two bands.
Winnie Sun is Managing Partner of Sun Group Wealth Partners, and is one of the most trusted and followed financial voices on social media. Her trending business tweetchat averages over 150 MM impressions per week on Twitter.
With more than 20 years of experience in the financial services industry, Winnie serves on the CNBC Financial Advisor Council, is a popular Forbes contributor, is a regular Good Day Los Angeles, Fox News and Digital Trends television contributor.
She is frequently quoted in publications including The Wall Street Journal, CNBC, ABC, The New York Times, Yahoo! Finance, AOL Finance, and many others.
Winnie was previously First Vice President of Wealth Management, Senior Investment Management Specialist and Lead Advisor for the Sun Group at Morgan Stanley Smith Barney.
She serves as the host of LevelUp With Winnie, which airs on NASDAQ (8MM MUV), Amazon FIRE TV, and Roku, executive producer and host of ModernMom Mondays LIVE for Modern Mom (1.6MM MUV) and hosts a daily weekday livestream show on Twitter, Facebook, LinkedIn, Twitch, and YouTube.
Holly Framsted is an ETF director at Capital Group, home of American Funds. She has 17 years of industry experience and has been with Capital Group for one year.
Prior to joining Capital, Holly was a managing director and head of U.S. ETF product segments at BlackRock where she was responsible for leading the development and commercialization of BlackRock’s Factor, Sustainable and Megatrends ETFs for U.S. investors. Before that, she held various strategic product development roles within iShares.
She also spent time as a portfolio manager for the Index Equity team where she was responsible for the management of various global equity portfolios for iShares, retail and institutional accounts.
She holds a bachelor's degree in psychology from the University of California, Los Angeles. She also holds the Chartered Financial Analyst® designation. Holly is based in Los Angeles.
Patrick (Pat) Maher is a portfolio manager at Nuveen. He manages separate accounts for the municipal fixed income team.
Prior to his current role, Pat served as a portfolio manager assistant, providing trading and analytical support to the municipal fixed income team. He spent three years with Moody’s Investors Service providing analytical support to a team of municipal credit analysts focused on the Midwest region of the U.S. He began his career in the investment industry in 2005.
Pat graduated with a B.A. in Finance from North Central College and an M.B.A. in Investment Management from DePaul University.
Rhonda Schaffler has been reporting on business for NJ Spotlight News since 2016. Previously, she worked as an anchor and reporter for CNN, Reuters and Bloomberg.
Michael (Mike) Stanton has more than 25 years’ experience in municipal finance, and now manages Communications and Marketing Strategy for Build America Mutual, which has insured more than $100 billion of U.S. municipal bonds that finance essential infrastructure in more than 5,500 communities nationwide.
Prior to joining BAM, he was Senior Vice President in the Capital Markets group for SourceMedia and editor and publisher of the leading municipal finance news organization, The Bond Buyer. He holds a B.A. in Economics from Columbia University and an MBA from Harvard Business School.
David Womack is the Deputy Director for Financing Policy and Coordination at the Mayor’s Office of Management and Budget (OMB). In this role, he is responsible for managing the City’s capital financing programs. He also serves as Executive Director of the New York City Transitional Finance Authority, Chief Executive Officer of the New York City Municipal Water Finance Authority and President of the Hudson Yards Infrastructure Corporation. Prior to joining OMB in 2020, Mr. Womack was a senior municipal finance professional with over 35 years’ experience as an investment banker and financial advisor.
He is a graduate of Yale University and received an M.B.A. from the Tuck School of Business Administration at Dartmouth. He holds FINRA Series 7, 52, 53 and 63 licenses. He is a member of the Municipal Analysist Group of New York.
Sara Eisen is co-anchor of the 10AM hour of CNBC’s “Squawk on the Street” (M-F, 9AM-11AM ET) and co-anchor of “Money Movers” (M-F, 11AM-12PM ET), which both broadcast from Post 9 at the New York Stock Exchange. She is known for her deep expertise in financial markets and the global economy as well as regular news making interviews with some of the most prominent names in the financial world, including Phil Knight, Janet Yellen and Christine Lagarde, among others.
Previously, Eisen anchored CNBC’s “Closing Bell,” “Squawk on the Street,” “Power Lunch” and “Worldwide Exchange.” She also reported on the one-hour documentary, “Inside Track: The Business of Formula 1,” that explores the world’s most prestigious racing series, what is fueling its popularity and who is profiting. Eisen joined CNBC in December 2013 as a correspondent, focusing on the global consumer.
Prior to CNBC, Eisen was co-anchor of “Bloomberg Surveillance” as well as a correspondent for Bloomberg Television, where she covered global macroeconomics, policy and business. During that time, she covered the European debt crisis, the tsunami aftermath and Fukushima nuclear crisis in Japan. Eisen also hosted the Bloomberg Radio program, “On the Economy.”
She is the editor of “Currencies After the Crash: The Uncertain Future of the Global Paper-Based Currency System” published by McGraw-Hill in Jan. 2013.
Eisen holds a master’s degree in broadcast journalism with a concentration in business reporting from the Medill School of Journalism at Northwestern University.
Sharon Epperson, named one of “12 to Watch in TV News,” can be seen regularly on CNBC television and other media platforms.
As CNBC’s senior personal finance correspondent, Epperson covers the many facets of how people manage, grow and protect their money. Her expertise includes saving and investing for retirement, paying for college, managing mortgage, student loan, credit card and other debt, and building a financial legacy through estate planning.
Preparing your finances for the unexpected is another critical (and personal) aspect of her reporting. In September 2016, Epperson sustained a ruptured brain aneurysm and she nearly lost her life. She has become a staunch advocate for health and wellness issues, raising awareness about brain aneurysms and funding for research. In September 2018, she and her family established “The Sharon Epperson Chair of Research” through the Brain Aneurysm Foundation to provide grants for research on early detection and innovative treatments.
Epperson is a lead contributor to “Invest in You: Ready. Set. Grow.,” a multi-platform financial wellness and education initiative at CNBC in partnership with the micro-investing app Acorns, and developed its companion 8-week learning course and weekly newsletter, “Invest in You: Money 101.” She also contributes to NBC’s TODAY and NBC Nightly News as well as Today.com and NBCNews.com.
Her book, The Big Payoff: 8 Steps Couples Can Take to Make the Most of Their Money-and Live Richly Ever After, was a finalist for the Books for a Better Life Awards, honoring works that have “changed the lives of millions.” She also was a contributing writer for The Experts’ Guide to Doing Things Faster. Her personal finance expertise has been featured in numerous publications, including The Wall Street Journal, The Washington Post, The Boston Globe, USA Weekend, Self, Essence, Ebony and TIME, where she had covered business, culture, social issues and health as a correspondent prior to joining CNBC.
Epperson has numerous industry and civic awards, including the Special Achievement Award from the National Association of Personal Financial Advisors (NAPFA) and the Savvy Inspiration Award from the non-profit, financial empowerment group Savvy Ladies. She won an Alliance for Women in Media’s Gracie Award for Outstanding Online Host for her “Financial Advisor Playbook” video series on CNBC.com. She has received the Vanguard Award for her distinguished career in business and personal finance reporting from the National Urban League Guild, and the All-Star Award from the Association of Women in Communications. She also has won awards from the New York Festivals, the New York Association of Black Journalists and the National Association of Black Journalists.
Epperson is committed to improving financial literacy, particularly in underserved communities. She was invited to the White House during President Obama’s administration to speak about financial literacy and to moderate a public meeting of the President’s Advisory Council on Financial Capability at the U.S. Treasury Department. She also speaks frequently at conferences and events for local and national organizations, colleges and universities about many facets of personal finance.
An adjunct professor at Columbia University’s School of International and Public Affairs, Epperson has also taught courses at Columbia’s Graduate School of Journalism. She enjoys teaching the importance of budgeting and building long-term savings as part of her professional development courses for graduate students.
Epperson received her bachelor’s in sociology and government from Harvard University, a master of international affairs degree from Columbia University, and an honorary doctorate from Carlow University in Pittsburgh. A Pittsburgh native, she has also been inducted into the Hall of Fame at Taylor Allderdice High School, her alma mater.
She currently lives with her husband and two children in Westchester County, N.Y.
Robert Frank is an award-winning journalist, best-selling author and a leading authority on the American wealthy. He joined CNBC in May 2012 as Wealth Editor.
Prior to CNBC, Frank worked at The Wall Street Journal for 18 years, serving as a foreign correspondent in London and Singapore, and later covering Wall Street and corporate scandals. For eight years, he was the paper’s Wealth Reporter, covering the lives, culture and economy of the new rich.
Frank is the author of two books: “Richistan,” a New York Times best-seller, and “The High-Beta Rich,” released in 2011. His blog, The Wealth Report, was named by Time magazine as one of America’s most influential financial blogs.
Frank holds a bachelor’s degree in literature from State University of New York at Binghamton. He lives in New York with his wife and two daughters.
Melissa Lee is the host of CNBC’s “Fast Money” (Monday-Thursday, 5PM-6PM ET; Friday, 5PM-5:30PM ET), which originates from the Nasdaq’s MarketSite studio in New York’s Times Square. “Fast Money” gives you the information normally reserved for the Wall Street trading floor, enabling you to make decisions that can make you money. She is also the host of “Options Action,” (Friday, 5:30PM ET), a weekly half-hour program that explains the advantages of options trading.
In addition, Lee is a member of the ensemble cast of CNBC’s “Power Lunch” (M-F, 2PM-3PM ET).
Previously, Lee was co-anchor of CNBC’s “Squawk on the Street” and host of “Money in Motion Currency Trading” and "Option's Action". She also covered investment banking, hedge funds and private equity for the network.
Lee has reported one-hour documentaries for the network, including “Rise of the Machines (2013),” “Code Wars: America’s Cyber Threat”(2011), ”Coca-Cola: The Real Story Behind the Real Thing” (2009) and ”Porn: Business of Pleasure” (2009). In 2008, Lee reported and anchored a one-hour documentary, “Made in China: People’s Republic of Profit,” from Beijing and Shanghai. She reported extensively for the network on China from the country’s growth to its challenges to the opportunities for U.S. businesses.
Lee received a 2010 Gracie Award for Outstanding Host-News and a Gerald Loeb Award nomination in 2009 for a CNBC Special Report: “Is Your Money Safe? The Fall of Lehman Brothers,” for which she co-anchored. Lee also has been nominated for two Emmy awards in Business News. In 2007, she was recognized for her report, “The $50M Con,” about a college student-turned scammer who ran a fake hedge fund and was ultimately caught by the FBI. And in 2003, she was nominated for her reporting on the proxy voting of mutual funds.
Prior to joining CNBC in 2004, Lee worked for Bloomberg Television and CNN Financial News.
Before her career in television, Lee was a consultant at Mercer Management Consulting. Her cases focused on the banking and credit card sectors.
Lee graduated with honors from Harvard College with a bachelor of arts in government. She also served as Assistant Managing Editor of the Harvard Crimson.
Tyler Mathisen co-anchors CNBC's "Power Lunch" (M-F, 1PM-3PM ET), one of the network's longest running program franchises. He is also Vice President, Events Strategy for CNBC, working closely with the network's events team to grow the rapidly expanding business.
Previously, Mathisen was co-anchor of "Nightly Business Report," an award-winning evening business news program produced by CNBC for U.S. public television. In 2014, NBR was named best radio/TV show by the Society of American Business Editors and Writers (SABEW). Since joining CNBC in 1997, Mathisen has held a number of positions including managing editor of CNBC Business News, responsible for directing the network's daily content and coverage. He was also co-anchor of CNBC's "Closing Bell."
Mathisen has reported one-hour documentaries for the network including "Best Buy: The Big Box Fights Back," "Supermarkets Inc: Inside a $500 Billion Money Machine" and "Death: It's a Living." Mathisen was also host of the CNBC series "How I Made My Millions."
Prior to CNBC, Mathisen spent 15 years as a writer, senior editor and top editor for Money magazine. Among other duties, he supervised the magazine's mutual funds coverage, its annual investment forecast issue and its expansion into electronic journalism, for which it won the first-ever National Magazine Award for New Media in 1997.
In 1993, Mathisen won the American University-Investment Company Institute Award for Personal Finance Journalism for a televised series on "Caring for Aging Parents," which aired on ABC's "Good Morning America." Mathisen served as money editor of "GMA" from 1991 to 1997. He also won an Emmy Award for a report on the 1987 stock market crash that aired on New York's WCBS-TV.
A native of Arlington,Va., Mathisen graduated with distinction from the University of Virginia.
Annie Nova is a reporter on the personal finance team, covering education. Prior to CNBC, she was an editorial intern at MONEY. She reported in the South Bronx for two years for local newspapers. Her work has also appeared on WNYC and in The New York Post.
Annie received her master’s degree in business journalism from the CUNY Graduate School of Journalism and her undergraduate degree in literature from Hunter College.
Diana Olick is an Emmy Award-winning journalist, currently serving as CNBC’s senior climate and real estate correspondent. She also contributes her climate and real estate expertise to NBC News NOW, MSNBC, NBC’s “Today” and “NBC Nightly News.” She is a regular guest speaker and does guest segments on NPR and C-SPAN. Her work on CNBC.com won the Gracie Award for “Outstanding Blog” in 2015.
Soon after joining CNBC in 2002, Olick recognized the quick run-up in the housing market, fueled by investor flipping, and consequently launched the network’s real estate beat. She covers both commercial and residential real estate as well as the mortgage market. Olick was at the forefront of reporting on the housing boom, the subprime mortgage collapse, the resulting housing crash and the ongoing recovery. She also launched the real estate page on CNBC.com and is its primary author.
In 2018, Olick envisioned a new series for the network called “Rising Risks,” which examines all aspects of the growing risk to real estate from climate change. The series grew beyond real estate and in 2021, Olick began covering climate full-time across all sectors. That same year, she covered the COP26 United Nations climate summit in Glasgow, Scotland, reporting on government, corporate and private sector investments in the fight against climate change.
In early 2022, Olick launched an additional climate series, Clean Start, which follows venture capital money into climate startups. The series airs weekly and has its own page on CNBC.com/clean-start.
Prior to joining CNBC, Olick spent seven years as a correspondent for CBS News. Olick began her career as a local news reporter at WABI-TV in Bangor, Maine; WZZM-TV in Grand Rapids, Michigan; and KIRO-TV in Seattle. She joined CBS in 1994 as a New York-based correspondent for the “CBS Evening News with Dan Rather” and “The Early Show.” She also contributed pieces to “48 Hours” and “Sunday Morning.”
At CBS, Olick worked in the New York, Dallas and Washington, D.C. bureaus, covering such stories as the World Trade Center conspiracy trial, the crash of TWA Flight 800, the JonBenet Ramsey murder mystery and was the exclusive correspondent for the trial of Oklahoma City bomber Terry Nichols. She also took a temporary assignment in CBS’ Moscow bureau, where she chronicled the brief presidential campaign of Mikhail Gorbachev.
Olick has a B.A. in comparative literature with a minor in soviet studies from Columbia College in New York and a master’s degree in journalism from Northwestern’s Medill School of Journalism.
Follow Diana Olick on Twitter @DianaOlick on Instagram @DianaOlick and on Linkedin.
Becky Quick is co-anchor of "Squawk Box" (M-F, 6AM-9AM ET). Quick is also anchor of the nationally syndicated "On the Money."
Quick is known for her hard-hitting interviews and profiles of some of the world's richest and most influential investors, including Warren Buffett, Bill Gates, Alan Greenspan, T. Boone Pickens, Jamie Dimon, Charlie Munger and many others. She also has interviewed three U.S. presidents and has hosted panels at some of the most prestigious conferences in the world such as the Microsoft CEO Conference, Fortune's Most Powerful Women's Conference and the Allen & Co. Sun Valley Media Conference. Quick also authors a regular column for Fortune magazine as well as contributes to CNBC.com.
Previously, Quick, a seven-year veteran of The Wall Street Journal, covered the Wall Street beat for CNBC as part of the network's partnership with Dow Jones.
Prior to joining CNBC in February 2001, Quick covered various beats for The Wall Street Journal, including retail, e-commerce and the Internet. She also played a crucial role in the launch of The Wall Street Journal Online, while serving as the site's International news editor.
She graduated from Rutgers University in New Brunswick, N.J., and previously served on the board of The Robert Wood Johnson University Hospital.
AGENDA
10:30am ET - 4:45pm ET
Program Begins
The View from Wall and Broad
Whether it’s a bull market or a bear market, a fair, well-regulated exchange is an essential. And in today’s market, technology is a critical part of the infrastructure. No surprise, then, that the New York Stock Exchange chose a person with deep technology experience as its 68th President. Lynn Martin leads off the FA Summit with a discussion of the latest issues facing market regulators, from the SPAC slowdown, to ESG, to global listings, to cryptocurrency and more. Lynn Martin, New York Stock Exchange President Interviewer:Sara Eisen, CNBC “Closing Bell” Anchor Watch the full interview
A Global Rethink
Geopolitics are as much to blame for high inflation as high consumer demand, with China’sFF persistent Covid lockdowns impacting global supply chains and Russia’s invasion of Ukraine keeping upward pressure on oil and gas prices. The situation has some market watchers wondering if a two-decade era of globalization is coming to an end. Longtime China critic Kyle Bass doesn’t agree that globalization is over, but he’s doubled down on a belief that investing in countries run by dictators is never a good idea. Kyle Bass, Hayman Capital Management Founder and CIO Interviewer: Becky Quick, CNBC “Squawk Box” Co-Anchor Watch the full interview
The Great Inflation Squeeze
The Fed has reacted to rapidly–surging inflation by tightening policy,but higher prices persist, and higher interest rates and lower stock prices can have their own negative effects on portfolios.We break down the impact of higher priceson long-term planning and how to help clients keep their goals on track. Nancy Davis, Quadratic Capital Founder and CIO Louis Barajas, MGO Wealth Advisors President and Partner Moderator:Sharon Epperson, CNBC Senior Personal Finance Correspondent Watch the full interview
Rebalancing for the Second Half
Putting it all together, a panel of leading portfolio-builders sets the stage for the next six months, with advice on how advisors can position their clients for continued market volatility, rising interest rates, and a possible recession. Omar Aguilar, Schwab Asset Management CEO and CIO Sébastien Page, T.Rowe Price Head of Global Multi-Asset and CIO Moderator:Sharon Epperson, CNBC Senior Personal Finance Correspondent Watch the full interview
BREAKOUT SESSIONS
Student Loan Forgiveness and the Future of Paying for College
In August, the Biden administration will decide (again) whether to continue a 2-plus year pause on student loan repayment, or whether to finally cancel the debt altogether. Beyond what it will do for current borrowers, cancelling student loans and any subsequent systemic reforms could have a profound impact on the cost of college and the way we pay. And all that change means that advisors need to be ready to work with clients to adjust to the new reality. Some will have extra cash to play with that was slated for college expenses and now need to decide where to invest that money. Others will have to rethink the benefits of 529 college savings plans. And for those closer to paying for college, months of stock market volatility may deliver smaller-than-expected 529 college savings plan balances. What can advisors do to help? What are the other ways to pay? Scott Buchanan, Student Loan Servicing Alliance Executive Director Betsy Mayotte, The Institute of Student Loan Advisors President Moderator: Annie Nova, CNBC Reporter Watch the full session
Muni Bonds: Making Sense of the Rout
SPONSORED AND PROGRAMMED BY BUILD AMERICA MUTUAL Surging interest rates in the first half of 2022 drove municipal bond returns to their worst losses in decades and investors responded with more than $20 billion of outflows from tax-exempt mutual funds. But with continued strong credit quality among state, city, and county bond issuers and the prospect of billions of Federal infrastructure spending, is it time for buyers to take another look at this historically stable sector? Patrick Maher, Nuveen Portfolio Manager David Womack,City of New York Office of Management and Budget, Deputy Director, Financing Policy and Coordination Moderator:Michael Stanton, Build America Mutual Head of Strategy & Communications Watch the full session
Main Stage Returns
Active ETFs Can Weather Volatile Markets
SPONSORED AND PROGRAMMED BY CAPITAL GROUP The ETF industry has evolved since first being introduced to the marketplace. This session will focus on those changes and trends, including active ETF management and regulatory shifts, as well as examine the ways advisors can work ETFs into their investment strategy, especially during times of market volatility. Holly Framsted, Capital Group Director of ETFs Interviewer: Rhonda Schaffler, Business Anchor Watch the full interview
CNBC Millionaire Survey Results
The CNBC Millionaire Survey is an exclusive semi-annual look at how America’s upper class is investing, spending and voting, conducted by Spectrem Group, a leading research provider in the wealth management marketplace. CNBC Wealth Editor Robert Frank delivers a sneak peek of the latest survey results, special for the FA Summit audience. Robert Frank, CNBC Wealth Editor Watch the full video
For more information on the CNBC Millionaire survey, click here.
Consumers Keep Spending, But for How Long?
One of the root causes of high inflation has been insatiable demand from post-pandemic consumers, many of whom are flush with cash and eager to spend it. We hear about the strength of the consumer, and how long the strength will last, from two members of CNBC’s CFO Council whose companies are benefiting from it. Naftali Holtz, Royal Caribbean Group CFO Richard McPhail, The Home Depot CFO Moderator:Sara Eisen, CNBC “Closing Bell” Anchor Watch the full interview
The Home Front: Preparing the Biggest Asset for Tougher Economic Times
Real estate represents clients’ biggest, most important assets. Home prices are high, but nowinterest rates are, too. Two housing experts will tackle a changing housing market, and how to manage clients through the change. John Burns, John Burns Real Estate Consulting CEO Danielle Hale, Realtor.com Chief Economist Moderator: Diana Olick, CNBC Senior Real Estate Correspondent Watch the full interview
Fast Money Fed Pregame Show
Countdown to the Fed’s big announcement on interest rates with Melissa Lee and the Fast Money gang. The traders dig into what they want to hear from Chairman Powell, while laying out how they expect the markets to reacttoday, as well as the weeks and months to come. Guy Adami, Private Advisor Group Director of Advisor Advocacy Bonawyn Eison, Private Investor Tim Seymour, Seymour Asset Management Founder & Chief Investment Officer Moderator: Melissa Lee, CNBC “Fast Money” Anchor Watch the full interview
FED Postgame Show
Join CNBC reporters, contributors, members of the CNBC Financial Advisor Council and others for instant reaction to the Federal Reserve’s decision on interest rates, its assessment of the economy, and Chair Powell’s comments to the media, and what it all means specifically to financial advisors as they navigate their clients through the second half of a challenging year. Featuring: Douglas Boneparth, Bone Fide Wealth President Lazetta Braxton, 2050 Wealth PartnersCo-Founder and Co-CEO Nancy Davis, Quadratic Capital Founder and CIO Dan Egan, Betterment VP of Behavioral Finance & Investing Stacy Francis, Francis Financial President and CEO Brad Klontz,Your Mental Wealth Advisors Managing Principal Alicia Levine, BNY Mellon Wealth Management Head of Equities and Capital Markets Advisory Alli McCartney, UBS Private Wealth Management Managing Director Winnie Sun, Sun Group Wealth Partners Founding Partner Hosted by: Sharon Epperson, CNBC Senior Personal Finance Correspondent Tyler Mathisen, CNBC “Power Lunch” Co-Anchor & Vice President, Events Strategy Watch the full video
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Sponsors
Build America Mutual is the only bond insurer that solely guarantees timely payment of interest and principal on U.S. municipal bonds, and has insured more than $115 billion of financing for essential public projects in more than 5,000 communities nationwide. BAM is rated AA/Stable by S&P Global Ratings, and the BAM GreenStar assessment provides an independent, third- party verification of a transaction’s green bond status. Learn more at www.buildamerica.com.
Capital Group, home of American Funds, is committed to helping participants achieve better retirement outcomes. With our easy enrollment process, engaging educational resources and diverse investment options, you can enable your employees to invest with confidence.
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The company’s four decades of focus on technology and automation enables it to equip clients with a uniquely sophisticated platform to manage their investment portfolios. Interactive Brokers strives to provide clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments.
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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 $1.1 trillion in assets under management as of 30 Sept 2023 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.
