Her former employer characterizes the move as a 'personal decision'

August 22, 2014 — 3:08 AM UTC by Lisa Shidler

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Brooke’s Note: Amid Lisa’s reporting about United Capital’s new direction of opening company offices, the question came up: What about Stephanie Bogan? After all, when the company was contemplating the creation of advisory offices from whole cloth, she was part of the plan. Bogan is a renowned trainer and motivator of advisors. The answer is that she left several months ago as apparently she and United Capital grew apart and Costa Rica beckoned the mother of young children.

Stephanie Bogan has left United Capital Financial Advisers even as part of her efforts begin to show up in Chicago.

The high-energy, hig- profile consultant and executive who made her fortune by selling Quantuvis Consulting to Genworth Financial Wealth Management, joined Joe Duran’s efforts at United Capital in 2012 and is now living — and working a few consulting gigs — from the coast of Costa Rica.

“Stephanie contributed a lot to United Capital, but at the end of last year she made a personal decision to move to Costa Rica with her young children and husband, which has been great for her. Our training function, which Stephanie helped to grow, has a very mature and robust series of training modules including a “boot camp” that is all about how to succeed at United Capital,” according to a statement from United Capital.

Indeed, her legacy lives on in part through the program United Capital is in the process of launching. See: In calculated gamble, United Capital begins to build, not buy, growth in major cities.

Bogan’s LinkedIn profile, states that she left United Capital in January and moved to Tamarindo, Costa Rica, a West Coast beach town of 5,000 where she is completing “limited consulting with select clients on growth and performance optimization.”

Un-Linked

Bogan did not respond to two messages sent through LinkedIn.

In March 2012, sixteen years after founding Quantuvis Consulting and four years after selling it to the unit of Genworth Financial Inc., Bogan took a six-month break before she landed at United Capital. See: Stephanie Bogan: Put me in, I’m ready to play.

A month after she left Genworth, she told RIABiz that she wanted to be at a larger firm, but also wanted to control her destiny as she moved forward.

“The firm that defines a formula for success in this changing landscape is going to win big and dominate the marketplace. I am looking for an opportunity to help the right firm do just that,” she said then

Six months later, it seemed as though she had found that exact opportunity. Her mission at United Capital to develop its training fit that bill, she told RIABiz. She got to jump into a firm hot on the RIA trail where she could flex management skills and get out of consulting for other businesses. Duran said that Bogan was critical in helping navigate his firm’s course through a challenging growth period.

What Joe wants

“It pulls me out of practice management and draws on my business experience,” Bogan said in September 2012. “The independent space is waiting for a national brand, and Joe wants to be it.”

Two months later the firm announced it was starting up a training center in Dallas and that Bogan, who lived in California, would be heading it up. See: United Capital’s Joe Duran throttles back on deals as he opens an RIA version of Hamburger University. It appears that Bogan did much to build up the training center before she left in January.


Mentioned in this article:

United Capital Financial Advisers
RIA Welcoming Breakaways
Top Executive: Joe Duran



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