Councils & Task Forces

We are currently accepting applications for volunteers for our 2024 councils. To apply, fill out and submit an application. Deadline for applications is October 1, 2023.

FSI Councils

FSI has several advisory councils that provide advice and input to FSI’s staff and Board of Directors. These councils meet in-person and virtually throughout the year and are lead by a Chair, Vice Chair, Secretary and Immediate Past Chair made up of active council members. Current councils include:

Accounting & Finance Council
Share best practices through continuing education on relevant and timely topics including, but not limited to, pending regulatory and tax legislation, crypto and bitcoin acceptance, as well as cyber concerns and audit experiences. Ongoing discussions encompass changes and goals related to accounting, FinOps, and the Public Company Accounting Oversight Board (PCAOB).

Compliance Council
Through regular discussion, converse on matters related to regulatory initiatives, issues and trends impacting business and compliance best practices creating deliverables such as surveys, white papers, and presentations to inform and support member firms.

Human Resources Council
Advise and educate on people-related content in support of FSI’s advocacy mission. The council focuses primarily on human capital engagement and best practices, including talent management, workforce planning, total rewards and diversity and inclusion initiatives.

Investment Advisory Services Council
Discuss items impacting the advancement of the fiduciary and advisory space such as regulation, products, platform structures, business models, technology, and trends; and how to resolve/respond appropriately. Through regular discussions both in person and remote, the council creates annual initiatives and deliverables such as surveys, white papers and/or presentations to inform/support member firms in their management and growth of advisory business.

Operations & Technology Council
Discuss best practices including, but not limited to, client data security, streamlined virtual processes and reporting and FINRA/SEC branch audits. Within this provided forum, operations and technology firm professionals evaluate and discuss the impact current issues have on their respective departments and the industry in general.

Task Forces

FSI also uses task forces for specific projects. Volunteers are recruited annually and meet by conference call. Current task forces are:

Forum Task Force
This task force collaborates with FSI to design and execute our annual FSI Forum. The goal is to develop a dynamic agenda providing topics and speakers for education sessions as well as determining keynote presenters. Members consist of volunteers from our various member firm councils, hand-selected financial advisor participants, FSI staff support as well as a single representative from our ambassador and premier sponsors. 

Next-Gen Advisors Task Force
This group collaborates with FSI members to help prepare for future growth by creating actionable strategies for the recruitment and training of diverse next-gen advisors.

OneVoice Task Force
This task force collaborates with FSI to design and execute our annual OneVoice conference. The goal is to develop a dynamic agenda providing topics and speakers for education sessions as well as determining keynote presenters. Members consist of volunteers from our various firm member councils, FSI staff support as well as a single representative from our ambassador and premier sponsors.

Standard of Care Task Force
This task force collaborates with FSI staff to assess and respond to policy proposals related to standards of care for advisors and firms when servicing clients, such as fiduciary and best interest standards.  The task force also collaborates on potential research projects that support FSI’s advocacy on standard of care issues.