WASHINGTON, D.C. – In yet another strong show of support for the Financial Services Institute (FSI), Wells Fargo Advisors Financial Network, LLC announced that their 1,250 independent financial advisors are now new FSI financial advisor members. The financial advisors’ first-year membership is offered on a complimentary basis by the firm.
Dale Brown, FSI’s president & CEO said: “Everything we do is aimed at increasing our advocacy success. Regulators and lawmakers pay attention when our members, their constituents, are engaged in the policy making process. Once again, our collective voice is growing stronger and more influential. The momentum our members are creating speaks loudly that every independent financial advisor should join the fight to protect their business by becoming an FSI member.”
Geneos President and CEO Russ Diachok said: “Since its inception back in 2004 FSI has been instrumental in working diligently to protect rights and interests of Independent Broker Dealers and the advisors they serve, and will continue to be a growing advocate for all of us providing Financial Advice to the public that so desperately need their help. We are delighted to offer our advisors a one year trial membership so that they can see firsthand the wonderful job FSI provides on their behalf.”
Wells Fargo Advisors Financial Network President Kent Christian said: “We are committed to our membership in FSI. Their advocacy efforts are imperative to the independent broker-dealer channel and we believe their efforts should be front and center with our affiliated financial advisors.”
In addition to advocacy, FSI financial advisor members receive: access to analyses of regulatory and legislative proposals; an Advocacy Action Center and all-in-one mobile app to easily communicate with legislators and regulators and keep up with industry news; opportunities to visit Capitol Hill and educate lawmakers; access to FSI’s Financial Advisor Summit and exclusive FSI publications and communications.
Members also now have access to two tools to help them sell the value of independence to prospective clients in order to grow their businesses. A 60-second video and corresponding infographic can be downloaded for free at financialservices.org/store. Both tools have received review letters from FINRA and are client-ready.
About the Financial Services Institute (FSI): The Financial Services Institute (FSI) is the only organization advocating solely on behalf of independent financial advisors and independent financial services firms. Since 2004, through advocacy, education and public awareness, FSI has successfully promoted a more responsible regulatory environment for more than 37,000 independent financial advisors, and more than 100 independent financial services firms who represent upwards of 160,000 affiliated financial advisors. We effect change through involvement in FINRA governance as well as constructive engagement in the regulatory and legislative processes, working to create a healthier regulatory environment for our members so they can provide affordable, objective advice to hard-working Main Street Americans. For more information, please visit financialservices.org.
About Wells Fargo Advisors Financial Network:For over a decade, Wells Fargo Advisors Financial Network, the independent brokerage arm of Wells Fargo & Co, has simplified independence by partnering with successful financial advisors and fostering a mutual passion for doing what’s right for clients. Wells Fargo Advisors Financial Network has grown to operate nationwide with 1,254 owners and advisors in 615 practices administering over $85 billion in client assets. www.wfafinet.com.