Mark Tibergien's Appointment to Nesvold Capital Partners
Nesvold Capital Partners LLC (“NCP”), a prominent merchant bank focused on the wealth management sector, has announced the appointment of industry expert Mark Tibergien to its Advisory Board. With his extensive background as the former CEO of Pershing Advisor Solutions, Tibergien brings a wealth of experience that is expected to greatly benefit NCP and its clientele.
Expertise in Financial Services
Mark Tibergien is renowned for his expertise in management, strategy, and addressing transition issues within the financial services industry. His career has been marked by a series of dynamic leadership roles that have driven organizations towards significant growth and transformation. Under his stewardship, Pershing Advisor Solutions evolved into one of the leading Registered Investment Advisor (RIA) custodians in the nation. Tibergien has a proven track record, having seen assets under custody soar from $45 billion to over $800 billion during his time as CEO from 2008 to 2020.
Previous Accomplishments
Before his impactful tenure at Pershing, Tibergien was a Principal at Moss Adams LLP, where he played a pivotal role in establishing the firm as a leading authority on RIA practice management. He was instrumental in launching industry-first benchmarking and compensation studies tailored for RIAs and broker-dealers. His thought leadership is exemplified in his authorship of the first book focused on valuing, buying, and selling advisory practices, which has laid a robust foundation for the M&A activities that abound in the sector today.
Strategic Vision for NCP
The Advisory Board of NCP holds significant responsibility in influencing the firm’s strategic direction. They guide key initiatives while fostering a culture of growth and innovation within the wealth management industry. Tibergien’s joining the board not only emphasizes NCP’s commitment to attracting outstanding talent but also reinforces its vision to enhance client services through strategic insight.
Welcoming Remarks from Leadership
Peter Nesvold, the Managing Partner of NCP, expressed enthusiasm regarding Tibergien's appointment, stating, “We are thrilled to welcome Mark Tibergien to our Advisory Board. His unparalleled experience and dedication to fostering client success align perfectly with our mission.” Tibergien's insights will undoubtedly contribute significantly to NCP's capabilities and value offering.
About Nesvold Capital Partners
Nesvold Capital Partners is a distinguished merchant bank specializing in the wealth management sector. Their services encompass investment capital, M&A advisory services, and strategic consulting aimed at financial services firms. NCP stands out by steering clear of overlapping advisory engagements with competing firms. Instead, they focus their sell-side efforts on a carefully selected group of vetted buyers. Since launching in 2020, the firm’s principals have notably advised or invested in firms managing over $300 billion in client assets.
Frequently Asked Questions
Who is Mark Tibergien?
Mark Tibergien is a seasoned expert in financial services, previously serving as the CEO of Pershing Advisor Solutions.
What role will Tibergien play at NCP?
Tibergien will serve on the Advisory Board, providing strategic insights to aid NCP’s growth and client relationships.
What is Nesvold Capital Partners known for?
Nesvold Capital Partners specializes in the wealth management industry, offering investment and advisory services.
Why is Tibergien’s appointment significant?
His extensive background in RIA management and strategy strengthens NCP’s advisory capabilities and market position.
What type of clients does NCP serve?
NCP primarily serves financial services firms looking for capital and strategic consulting without conflicts of interest.
