From the March 2008 issue of Investment Advisor • Subscribe!

March 1, 2008

Group Think

Financial Services Institute (FSI) announced it ended 2007 with more than 12,600 active financial advisor members, a 141% increase over 2006. In 2007, FSI added 7,892 new financial advisor members and renewed 4,628 for an 88.5% renewal rate. "This is an important milestone in our brief four-year history, adding grassroots muscle that will accelerate our influence in achieving our advocacy objectives," said Dale Brown, FSI president and CEO.

The National Association of Women Business Owners (NAWBO) and the Financial Planning Association (FPA) announced their continuing joint efforts to educate women entrepreneurs by incorporating financial literacy into educational programs for NAWBO's 8,000 members.

MetLife is seeking applicants for the MetLife and New England Financial 2008 Financial Fellowship Program--a six-week paid internship for students who show a strong desire to gain real-life work experience in the financial services industry.

Securities and Exchange Commission Chairman Christopher Cox appointed two leaders to the agency's newly created Office of Collections and Distributions. Richard D'Anna has joined the SEC as the director of the new office, and Lynn Powalski will become deputy director.

The National Endowment for Financial Education has appointed financial services executive John Woerner to serve on its 16-member board of trustees. Woerner, senior VP of strategic planning and business development at Minneapolis-based Ameriprise Financial Services, will assist in providing direction for the nonprofit organization over the next three years.

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