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The leaders of the group specializing in serving high net worth families were seeking to run their business entirely on a fiduciary basis.

The organization, launched about five years ago by Troy Prince, is seeking more industry collaboration on its mission of "changing the face of Wall Street."

Amitabh Kant is the G20 Sherpa of India during its presidency year. He was CEO, NITI Aayog (National Institution for Transforming India) — the Government of India's premier policy think tank. Prior to that, he was secretary of the Department of Industrial Policy & Promotion.

The Wall Street giant is staggering under its plan to shift back to serving primarily the ultrawealthy.

Mary Ellen Iskenderian is president and CEO of Women's World Banking, the global nonprofit devoted to giving low-income women in the developing world access to the financial tools and resources they require to achieve security and prosperity. She is also the president and CEO of Women's World Banking Asset Management, which invests in growing businesses with innovative solutions that enable women to achieve economic empowerment. 

Natalie Pierce is the chair of the employment & labor practice, at Gunderson Dettmer

Firms overly reliant on ultrawealthy clients need to ramp up their digital capabilities to attract the growing segment of clients with between $250,000 and $1 million in assets.

Nilesh Vaidya is executive vice president and global head of banking and capital markets at Capgemini.

He has been with Capgemini for more than 20 years and is an expert in managing digital journeys for clients in the areas of core banking transformation, payments and wealth management. He works with clients to help them launch new banking products with their underlying technology.

Using FP's criteria, data partner COMPLY scraped together a listing of the biggest firms that provide financial planning services but don't accept commissions.

Competitors and critics in an industry fragmented between large and small firms and obsessed with organic growth question the increasing exclusivity and fees.