Page 37 - Investment Advisor November 2022

Executive Leadership

LaMena led the formation of a committee dedicated to blog and whitepaper on trends in billing and fees, surpassed
building a more diverse and equitable workplace. As of this the 1,000-client milestone, and announced integrations with
summer, over one-third of Wealthspire’s nearly 100 financial Pershing, Shareholders Service Group, Pontera, Onramp
advisors are female vs. an industry average of only 18%; people Invest and others.
of color comprise 17% of the firm’s workforce. The firm says its client retention level over the past year was
nearly 95%; at the same time, its user base grew more than 20%.
David Le
David Le, CFP, serves as chief technology Peter Mallouk
officer for Beacon Pointe Advisors and as a Creative Planning President and CEO Peter
wealth advisor. Over the past year, he helped Mallouk has led the RIA from $25 billion in
onboard 12 new office locations and over 150 assets under management in 2019 to more than
new employees, while managing 18 strategic projects — such $100 billion in December 2021; he also helped
as moving 90% of Beacon Pointe’s assets onto a new UMA the firm partner with Lockton Retirement Services, adding
platform. Le also helped lower the firm’s level of cybersecurity another $100 billion in assets. Over the summer, Creative
risk, measured by a phish-prone percentage of 2.4% compared Planning acquired Wipfli Financial Advisors, which has some
to the industry average of between 25 and 35%. $5 billion in assets and 80 advisors.
In April 2021, Mallouk opened Pathway Financial
Hailin Li Education, a Kansas City-based nonprofit to improve finan-
Under the leadership of Hailin Li, Ph.D., CFA, cial literacy among small business owners and individuals.
founder and CEO of Advyzon, the firm intro- He and his wife Veronica also have donated $3 million to
duced the rebalancer Advyzon Quantum and Give Something Back, a scholarship program for 150 students
the TAMP Advyzon Investment Management. who’ve faced homelessness, the incarceration of a parent and
It also improved the customization and design of its perfor- foster care; more than 60 volunteers from Creative Planning
mance-reporting templates, introduced a thought-leadership have served as mentors for this program.

Finally, advisors and compliance

agree on how to engage clients.

What if your compliance tool wasn't just your last

defense, but your best offense?

RISKALYZE.COM/COMMAND-CENTER

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