Citi’s Global Investor Study: Highlights from the 2017 Industry Evolution Survey 10.17.17

Summary:

Now On Demand.

Citi’s recently published report, 2017 Industry Evolution Survey, (for Institutional Investors), provides insights into how the industry is grappling with the growth of passive investing, product innovation paths for active fund managers and the beginnings of mass customization in packaging and distribution of funds.

Please join Richard Webley, Managing Director and Head of Big Data Client Strategy & Business Development, as he shares the impact of this these findings on the RIA community from enhanced RIA fee-based models and the adoption of robo-advice to finding the right solutions for growing needs of sophisticated, HNW investors.

Speakers:

Richard has 22 years of financial industry experience and is the global head of Big Data client strategy and business development, working with Investor clients on their emerging needs in the Big Data space.

The Big Data Client Strategy & Business Development Role is newly created within Citi Markets and Research to help coordinate our global activities in the evolving industry of Big Data, Machine Learning and Artificial Intelligence.

Prior to the new role Richard was Americas Head of Business Advisory Services, the strategic consulting team within Investor Sales and Relationship Management.

Richard began his career in 1995 at JP Morgan in the Investment Bank and held various roles in operations & technology before joining the specialist capital markets consulting company m.a. partner in 2001. As a partner in the US practice he worked with a wide variety of the Investment Banks and Hedge Funds across the spectrum of operations and technology business consulting, including business strategy, market research, organizational design, operations & technology architecture, and vendor outsourcing. When Detica Consulting acquired m.a.partners in 2007 Richard ran the US financial services consulting practice before joining Citi in 2009 to run strategy & planning for the US Broker-Dealer before joining Business Advisory Services in 2010.

Richard holds a Bachelor’s Degree in Economics from East London University and attended Harvard Business School’s Leading Professional Services Firms course in 2008.

J.P. Connellan is Co-Head of Americas Private Client Solutions Group. In this role, he leads a sales team providing municipal and taxable fixed income, equities and structured product solutions. J.P.’s groups are responsible for distribution of these solutions to all internal Citi platforms, strategic partners, Registered Investment Advisors (RIAs) and electronic trading platforms. He is also responsible for retail taxable fixed income trading.

J.P.’s career at Citi has spanned three decades. He started in sales, then moved to regional trading, in which he succeeded over a 10-year span. In 1997, he began managing the Municipal Division’s Northeast sales and marketing effort, and built the proprietary High Net Worth Platform™ for Citi’s clients.

His responsibilities since then have included representing Capital Markets during the Citi/Morgan Stanley joint venture, as well as building a third-party venture for distribution of Citi’s primary and secondary fixed-income products. J.P. also represents Citi on the Retail Fixed-Income Committee of the Securities Industry and Financial Markets Association (SIFMA).

J.P. has served in the elected position of Councilman, Borough of Sea Girt, New Jersey, on the Financial Board of his Church, St. Mark’s, and as an Advisory Board Member for St. Rose High School in Belmar, New Jersey. He serves on various boards at the Spring Lake Golf Club. He also serves as an Advisory Board Member for the Mobile Trauma Unit of NYC and Villanova School of Nursing. He has also recently been asked to serve on the Board of Trustees for his alma mater, St. Leo’s University in Florida.