Members Hill Meeting

About Us

FSI was founded in 2004 with a clear mission.

The Financial Services Institute (FSI) has a clear mission to ensure that all individuals have access to competent and affordable financial advice, products and services delivered by a growing network of independent financial advisors and independent financial services firms.

At FSI, everything we do starts and ends with working to create a healthier, more business friendly regulatory environment for our members the independent financial services firms and independent financial advisors who provide affordable, unbiased advice to hard working Main Street Americans.

Leadership and Governance

Councils and Task Forces

FSI has several advisory councils, each headed by a volunteer member. These councils provide guidance and direction to the FSI board and staff on issues in different areas of the industry: Accounting & Finance, Compliance, HR, Investment Advisory Services, and Operations & Technology.

Our members are our greatest asset in the ongoing effort to successfully engage with regulators and legislators.

FSI Board of Directors

Our 19-person 2021 Board of Directors is led by James Poer.

James Poer

CEO, Kestra Financial

FSI Management Team

The FSI management team is headed by Dale Brown, who has led FSI since 2004.

Dale Brown

President & CEO, CAE

Our Accomplishements

FSI’s total concentration on advocacy in Washington, D.C. and throughout the U.S. delivers the highest possible return on investment for our members. In the last few years, we have:

Protected

access to your advice that would have been banned by outlawing commissions

Stopped

you from being forced to become an employee of your broker dealer

Grown

our voice in Washington, D.C. and the states by doubling financial advisor membership

Protected

your clients choices of
investment vehicles

Secured

a seat at the regulatory table by electing dozens of FSI members to FINRA committees

On Capitol Hill Our Grassroots Efforts include:

Coordinate

Coordinating in state meetings, letters and
phone calls to elected officials (in
California, for example, which led to the
successful amendment to a bill that would
have threatened advisors independent
contractor status).

Mobilize

Mobilizing financial advisors to raise their
collective voice to affect change (for
example, over 5,000 personalized letters to
the White House led to the DOL
withdrawing their proposed redefinition of
the term fiduciary, preventing millions of
Americans to be priced out of financial
advice on their IRAs).

One Voice

Speaking with one voice and filling a large
void in the media to influence the
administration, Congress and regulators,
both in D.C. and in the states.

Support

Working with members to garner support
for advocacy efforts via the FSI PAC.

Meetings

Holding over 260 meetings on Capitol Hill
during our last Capitol Hill Day pressing
our most critical issues with members of
Congress.