From the CEO
This was a very strong quarter for the clients of Aspiriant.
Despite severe geopolitical unrest in North Africa and
the Middle East and an unprecedented sequence of
disasters in Japan, the world’s underlying economy
continued to gain momentum and markets accordingly
produced excellent returns for the quarter. While many
obvious threats remain and we’ve been reminded,
yet again, that we must “expect” threats that are
unexpected, we believe that our clients will continue
to be rewarded by perseverance in their long-term
investment strategies. It’s a much longer perspective
than one quarter, of course, but it’s gratifying to see
clients being rewarded for that perseverance as we
move deeper into 2011.
I’m happy to report good news for the firm as well.
Integration of our new partners and clients is proceeding
rapidly and our new colleagues are all either just moved
or are about to move to new quarters, independent
of their former Deloitte homes. We remain committed
to our partnership with Deloitte in serving our shared
clients and are eager to continue to expand our
relationships moving forward.
By expanding our talent through this combination, we
added a fresh perspective to our investment strategies
and planning opportunities, and by successfully
integrating our efforts, we will enable even more
specialization that will add depth to our capabilities,
and ultimately, improved solutions for all clients. As
this process unfolds, we will be sure to report on our
progress and the benefits we have achieved.
In addition to the more “inorganic” growth we have
experienced, I’m also happy to report that we have
grown organically as well. Since the start of the year,
we’ve already welcomed 5 new staff to our organization
and the pace of new business remains strong thanks to
the ongoing support of our existing clients and centers
of influence. This robust growth helps us to attract
and retain strong talent to serve all of our clients
There were also some important achievements this past
quarter as well:
- Lindsey Cornell, of our Los Angeles office, received
the CFP® (Certified Financial Planner) designation;
- Nate Wong, of our San Francisco office, became
the organization’s 9th CFA (Chartered Financial
- Nikki Michelini, a Team Leader in Los Angeles, was
added to the AICPA Personal Financial Planning
Executive Committee; and
- Kacy Gott, our Chief Planning Officer, has just
been appointed Chair of the CFP Board’s Council
In addition, I’m happy to have accepted a position
on Schwab’s Advisory Board that will give us the
opportunity to improve their direct client service efforts.
We are very proud of these very significant professional
accomplishments and their continuing demonstration
of Aspiriant’s leadership within our profession.
With our genuine gratitude for the opportunity to serve
our clients and for the foundation that that service
provides to us to advance our profession.
Rob Francais, CPA
Chief Executive Officer, Principal