From the October 2010 issue of Investment Advisor • Subscribe!

October 1, 2010

Coming of Age

Advisor groups have found their m?tier in the fiduciary issue

Advisor associations are charged with meeting the needs of their members, particularly when it comes to providing education, support and networking. Those groups whose profiles follow are experts at meeting those needs, as evidenced by the host of local and national meetings, chapters, CE opportunities and online networking groups they provide. They also deliver other services to their members, such as establishing and administering certification and ethics programs for members, and ensuring that their members receive the respect that continuing education and certification and adherence to an ethics code demands from the public, the media, regulators and legislators.

Since Investment Advisor collated information about advisor associations last year, many of these groups have excelled at another critical role: making sure their members' voices are heard in Washington on issues that affect their members directly, or that will affect their clients.

Take, for instance, the kerfuffle over the Dodd-Frank reform bill. While many of these groups normally compete for their members' affection and membership dollars, many advisor groups have put aside their differences in favor of working together where their needs coincide. While we don't know what the SEC will finally decide, we do know that those groups made their voices--meaning those of their advisor members--heard.

View the PDF of Investment Advisor's industry associations directory.

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