The Financial Services Institute (FSI) today announced the election of Marc Squires, Head of Wealth and Brokerage Platforms, Fidelity Institutional, to its Board of Directors. Squires brings years of industry experience and leadership to the FSI Board.
“I am pleased to welcome Marc to our Board,” said FSI President & CEO Dale Brown. “His passion for our advocacy mission and industry experience will help advance our efforts in Washington, D.C. and the states to ensure Main Street Americans’ access to affordable, professional financial advice.”
“Our industry is rapidly evolving, now more so than ever, and FSI continues to be instrumental in supporting the needs of independent firms and advancing policies that support the long-term best interests of investors,” said Squires. “I look forward to working alongside other industry leaders to effect positive change for our industry and the clients we serve as we navigate today’s forces of change together.”
Marc Squires replaces Fidelity’s Carolyn Clancy, keeping the FSI Board at 19 Directors.
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 nearly 90 independent financial services firm members and their 160,000+ affiliated financial advisors – which comprise over 60% of all producing registered representatives. 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 Fidelity Investments
Fidelity’s mission is to inspire better futures and deliver better outcomes for the customers and businesses we serve. With assets under administration of $8.3 trillion, including discretionary assets of $3.3 trillion as of June 30, 2020, we focus on meeting the unique needs of a diverse set of customers: helping more than 32 million people invest their own life savings, 22,000 businesses manage employee benefit programs, as well as providing more than 13,500 institutions with investment and technology solutions to invest their own clients’ money. Privately held for more than 70 years, Fidelity employs more than 40,000 associates who are focused on the long-term success of our customers. For more information about Fidelity Investments, visit https://www.fidelity.com/about-fidelity/our-company.
Fidelity Investments is an independent company, unaffiliated with the Financial Services Institute (FSI). There is no form of legal partnership, agency affiliation, or similar relationship between FSI and Fidelity, nor is such a relationship created or implied by the information herein. Fidelity Institutional provides clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC. 937609.1.0
FSI Announces 2021 Board & Executive Committee Members
The Financial Services Institute (FSI) today announced the election of four new Directors for its Board for 2021 and its […]Read More
FSI Condemns Attack at U.S. Capitol
The Financial Services Institute (FSI) issued the following statement in response to Wednesday’s attack on the U.S. Capitol: “Since the […]Read More
FSI Statement on DOL’s Final PTE for Investment Advice Fiduciaries
Today, the Department of Labor (DOL) released its final prohibited transaction exemption (PTE). For over the last decade, the Financial Services […]Read More