2016 Forum Participants

 

Jim Carbone

Jim Carbone, National Vice President - Principal Advisor Network has overall responsibility and leadership of all aspects of The Principal Advisor Network. Jim's financial services career started in 1983 as an agent with John Hancock. He worked his way to sales manager, agency manager, and regional manager before leaving John Hancock - and the field - in 1997 for home office marketing and distribution leadership with American General. In 2008, he joined start-up Futurity First in distribution leadership. His industry experience includes national leadership responsibilities in sales and distribution, field development, recruiting, selection, and marketing. Jim is a graduate of Harvard College and has a Master of Science in Management and a Master of Science in Financial Services. He is a CLU®, ChFC®, CFP®, CLF®, LLIF, and a LUTCF. He is active in the industry as a member of LIMRA’s Agency Distribution Study Group, GAMA’s Executive Leadership Cabinet and is a Board of Trustee member for The American College of Financial Services. Jim, his wife Gina, and three sons are actively involved in the USA Swimming community and Jim is a board member for the Des Moines Swimming Federation swim club.

 

Andrew Gustafson

Andy Gustafson was born and raised in Nebraska, and has taught business ethics at the undergraduate and graduate level at the Heider College of Business at Creighton University for 11 years. Andy has published in journals such as Business Ethics Quarterly, Business and Society Review, Business Ethics: A European Review, Teaching Ethics, and a variety of others. He is especially interested in the ways business can transform culture and society for the common good, and has written on advertising ethics, utilitarianism and business ethics, and other topics. He has given talks at over 80 academic conferences, and has provided professional training for a variety of businesses and business organizations including Kiewitt, Harry Koch Insurance, Information Systems Audit and Control Association, Chartered Property Casualty Underwriters, Methodist Hospital Physicians, Smith Hayes Financial, and others. He also owns 30+ rental properties, mostly in midtown Omaha, which he manages. Andy and his wife live in Omaha near Creighton, and Andy enjoys walking to work.

 

Jared Harris

Associate Professor Jared Harris, appointed to the Samuel L. Slover Research Professorship, teaches both Ethics and Strategy courses in Darden's MBA program and a doctoral seminar on corporate governance and ethics. His research centers on the interplay between ethics and strategy, with a particular focus on the topics of corporate governance, business ethics, and inter-organizational trust. His work on corporate financial misrepresentation won the 2007 Best Dissertation award in one division of the Academy of Management (social issues in management) and qualified him as one of six finalists in another division (business policy and strategy). His work has been published in Organization Science and Business Ethics Quarterly and has been featured in the New York Times, the Washington Post and The New Yorker as well as other media outlets in the United States, Canada, Germany, India, Portugal, and the United Kingdom.

Prior to joining the Darden faculty in 2006, Harris taught at the University of Minnesota's Carlson School of Management. Previously, he worked as a certified public accountant and consultant for several leading public accounting firms in Boston, Portland, and Oregon. He also served as the CFO of a small technology firm in Washington, D.C.

A fellow with the Business Roundtable Institute for Corporate Ethics and a senior fellow with Darden's Olsson Center for Applied Ethics, Harris is also a research partner of Open Ethics and Compliance Group (OCEG) and the Institute of Management Accountants (IMA). He consults with several leading financial services companies on the topics of strategic management, ethics and compliance.

 

Thomas Harris

Tom Harris, a member of Penn Mutual’s Executive Team, is the executive vice president, Distribution and chairman, Hornor, Townsend, & Kent, Inc., a wholly owned broker/dealer subsidiary of Penn Mutual. In this role, he is responsible for profitably growing Penn Mutual’s life and annuity businesses through strong relationships with our career agents as well as independent producers, who value a direct relationship with the carriers they represent.

Tom leads Penn Mutual’s two distribution channels, the Career Agency System and the Independence Financial Network. His additional responsibilities include Annuity Distribution, HTK, Relationship Management, Professional & Practice Development, Practice Management, National Sales Desk, Producer Compensation, and Contract, Licensing & Registration.

Tom’s career spans more than 31 years in all facets of distribution leadership. Previously, as senior vice president, Prudential Select Brokerage, he was responsible for growing life insurance sales through independent producers. Prior to joining Prudential Select Brokerage, Tom was vice president, Field Sales Support. His team provided advanced marketing, product, and promotional support for Prudential’s Individual Life Insurance operation.

Tom is a graduate of Temple University, with a bachelor’s degree in Actuarial Science. He is very active in the industry as a member of the AALU, NAIFA, ACLI, trustee for The American College of Financial Services and board member of The American College Penn Mutual Center for Veterans Affairs. He is also former chair of the LIMRA Brokerage Committee. Tom and his family reside in Doylestown, PA.

 

Robert Johnson

Bob Johnson is the President and Chief Executive Officer of The American College of Financial Services. Prior to joining The College, he served as Professor of Finance in Creighton University's Heider College of Business. From 1996 to 2011, Bob held a number of senior executive positions at CFA Institute and has extensive experience with credentialing programs, ethical and professional codes of conduct, and global business expansion. He is the author of multiple books and scholarly articles on portfolio management, asset valuation, wealth management, and monetary policy. Bob has extensive media relations experience and has been quoted in the Wall Street Journal, Financial Times, Barron’s, and Forbes, among others. He has appeared on ABC World News, Bloomberg TV, and CNN, among others.

 

Richard Levitz

Rick joined GCG Financial, Inc. in 1992 and is President of GCG’s Wealth Management Group. As President of the Wealth Management Group, Rick is responsible for the services provided to GCG’s Individual Insurance, Investment, and Financial Planning clients. Rick is also a member of the GCG Planning Resource Center – a team of specialists who develop and design advanced planning concepts for high net worth individuals and closely held businesses. Rick’s areas of expertise include life insurance, estate planning, business succession, and executive compensation strategies.

Rick received his BSBA in Finance from the University of Denver in 1985 and graduated Magna Cum Laude from the University of Illinois College of Law in 1988. Upon completion of law school, Rick spent four years at the law firm of Kirkland & Ellis in Chicago, Illinois. Rick is a Certified Financial Planner™ (CFP™), Chartered Life Underwriter® (CLU®) and Chartered Financial Consultant® (ChFC®).

Rick is a Registered Representative and offers securities and investment advisory services through Securian Financial Services, Inc. He also holds registrations for Series 6, 7, 24, 63, and 65. Rick is a member of the Society of Financial Services Professionals, the National Association of Insurance and Financial Advisors, the Financial Planning Association, and the Association for Advanced Life Underwriters.

Rick lives in Highland Park, Illinois with his wife Julie, and their children Hannah, Matthew, and Chloe. He is a Registered Representative and Investment Advisor Representative, Securian Financial Services, Inc., Securities Dealer, Member FINRA/SIPC, A Registered Investment Advisor.

 

Jim Mitchell

James Mitchell is the retired Chairman and CEO of the IDS Life Insurance Company, a subsidiary of the American Express Company, and founder of the James A. and Linda R. Mitchell/American College Forum on Ethical Leadership in Financial Services. In 2008, he was named one of the “100 Most Influential People in Business Ethics” by Ethisphere Magazine, a global publication dedicated to examining the important correlation between ethics and profit. The list recognizes individuals for their inspiring contributions to business ethics during the past year.

The Forum on Ethical Leadership, organized by The American College Cary M. Maguire Center for Ethics in Financial Services, is unique. Its purpose is to bring together practitioners from financial services companies and business ethicists from academia and have them engage in a day of face-to-face conversation and organized reflection on ethical leadership.

Jim Mitchell is well known in the financial services industry as the consummate professional dedicated to bringing ethics to business. Prior to becoming Chairman and CEO, Mitchell served as President and CEO of IDS from 1984–1994. Before joining American Express Financial Advisors in 1984, Mitchell was the President of the reinsurance division of CIGNA Corporation and held other management positions at Connecticut General.

In 1999, Mitchell received The American College of Financial Services’ highest honor, The Huebner Gold Medal. Named for the founder of The College, Dr. Solomon S. Huebner, the medal has been awarded annually since 1975 and honors those individuals whose support of The College and its programs, and whose dedication to education and professionalism, have been of particular meaning to the mission and progress of the institution.

An honors graduate of Princeton University, Mitchell has also earned the prestigious Chartered Life Underwriter® (CLU®) and Chartered Financial Consultant® (ChFC®) designations from The American College of Financial Services. Mitchell served as Chairman of both the Board of Trustees and the Foundation Board of Directors at The American College of Financial Services. He continues to serve as a trustee, and is an emeritus director of the Foundation Board. In addition, he is also Chairman of the Advisory Board of The American College Cary M. Maguire Center for Ethics in Financial Services and a member of the institution’s President’s Circle. He also serves on the Board of Great Plains Energy, Inc., where he chairs the Governance Committee.

 

Rosemarie Monge

Rosemarie Monge received her B.A. in international studies and B.S. in economics with a concentration in finance from the University of Pennsylvania. She graduated with her doctorate in legal studies and business ethics from the Wharton School of the University of Pennsylvania in May 2013. Before beginning her doctoral studies, she worked at a social venture capital fund in Philadelphia and volunteered with a women's micro-entrepreneurship center in rural Peru.

Her research deals with the following themes: the moral responsibilities of business managers when confronting apparent moral conflicts; the possibility of moral dilemmas under market conditions; adversarial ethics in the market; and normative foundations of corporate social responsibility (CSR). Her dissertation is entitled “Business Practice and Dirty Hands: Managerial Action in the Face of Moral Conflict.”

 

Julie Ragatz

Julie Anne Ragatz is the Director of The American College Cary M. Maguire Center for Ethics in Financial Services and an Assistant Professor of Ethics at The American College of Financial Services. Ms. Ragatz received her Masters of Arts degree in Social and Political Philosophy from Marquette University. She is currently finishing her PhD in Philosophy at Temple University in Philadelphia, PA where she specializes in ethical theory and focuses specifically on ethical issues in the financial services industry.

Ms. Ragatz has taught several courses in ethical theory and business ethics at universities including: Saint Thomas University, Marquette University, Villanova University, and Saint Joseph’s University. In 2008, Ms. Ragatz designed and implemented, “Ethical Issues in the Accounting Environment” for the Masters of Accounting Program at Villanova University. She has also taught business ethics courses for the MBA and EMBA programs at Saint Joseph’s University. She teaches regularly at The American College of Financial Services.

Ms. Ragatz has published numerous articles and book chapters on ethical theory and business ethics. With Ronald Duska, she completed Ethics for the Financial Services Professional, published by The American College Press in 2007. Her second book, also written with Ronald Duska, Accounting Ethics, was published as a 2nd edition by Wiley/Blackwell Press in 2011.

 

Dave Raszeja

As chief ethics and risk officer, Dave is responsible for the oversight of the corporate ethic program as well as oversight of risk practices. In his role as chief ethics officer, Dave leads a team dedicated to ensuring an effective ethics program, which is a cornerstone of our culture. This includes establishing ownership of many of our corporate policies, leader education, and measurement of the program’s effectiveness. Dave co-chairs Penn Mutual’s business conduct committee and works with other assurance areas to allow for a more holistic approach to these responsibilities.

In Dave’s role as the chief risk officer, he is charged with ensuring proper governance surrounding risk practices, elevating risk awareness, and communication of risk strategy throughout the company. This includes the recommendation of strategies based on our new and existing product profiles and adding analytical skills to the existing strong risk management practices as part of the continuous risk management of life and annuity products. Dave is also responsible for developing Penn Mutual’s response to external regulatory requirements including the emerging Own Risk Solvency Assessment (ORSA) requirement.

Dave has over 14 years of experience in the life insurance industry, having started with Penn Mutual as an actuarial student and moving to several different areas of the company before being named Chief Risk Officer in 2012 and Chief Ethics Officer in 2014. He is a graduate of Rochester Institute of Technology with a B.S. in applied mathematics and holds an M.S. in mathematics from the State University of New York at Buffalo. Dave is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries.

 

Walter White

Walter White is president and CEO of Allianz Life Insurance Company of North America (Allianz Life®). Prior to assuming his position as CEO, Walter White served as chief administrative officer, leading Operations, IT, Compliance, Suitability, and the Central Project Office.

Before joining Allianz Life in 2009, White was president of Woodbury Financial Services (now an AIG broker/dealer), and led the formation of the company after Hartford Life purchased Fortis Financial Group in 2001. At Fortis, White held senior management positions in marketing and operations. Prior to joining Fortis, White was president of MONY Brokerage, the MONY Group’s life insurance brokerage subsidiary.

White earned his BA in history from Yale University, and an MBA from The Wharton School at the University of Pennsylvania. He holds the Chartered Life Underwriter® (CLU®) and Retirement Income Certified Professional® (RICP®) designations. He is a board member of the Minnesota Business Partnership and the American Council of Life Insurers, and a director and member of the Executive Committee of Senior Community Services.