Dale Brown, Financial Services Institute

About the Author

Dale Brown, Financial Services Institute

Dale Brown is the president and CEO of the Financial Services Institute (FSI), an advocacy organization for independent broker-dealers and independent financial advisors. Established in January 2004, FSI has over 120 broker-dealer members and over 35,000 financial advisor members.

Dale brings over 20 years of association management experience to FSI, most recently as the associate executive director of FPA. For IAFP, one of FPA’s predecessor organizations, he led the government relations program and the broker-dealer program, which grew to more than 130 member firms by the time FPA was created in January 2000. Dale also led the successful fight in the mid-1990s against the IRS’s attempts to force broker-dealers to reclassify independent contractor representatives as statutory employees. In both IAFP and FPA, Dale played a critical role in the senior management team and brings broad leadership experience to FSI in his role as founding president & CEO.

FSI’s mission is to create a healthier regulatory environment for independent broker-dealers and their affiliated independent financial advisors through aggressive and effective advocacy, education, and public awareness. For more information, visit financialservices.org.

• How to Make Your Voice Heard With Regulators in Your Own Backyard

  By Dale Brown, Financial Services Institute  |  April 24, 2012

  A good way to engage regulators and make a difference is by participating in FINRA District Committees, as FSI member Wilson WIlliams is doing.

• Fierce Opposition to Labor Department’s Fiduciary Proposal

  By Dale Brown, Financial Services Institute  |  April 10, 2012

  As comments from the House committee hearing over the redefinition make clear, opposition to the DOL’s redefinition of ‘fiduciary’ is bipartisan and fierce.

• SEC’s Money Fund Proposals: More Confusion for Investors

  By Dale Brown, Financial Services Institute  |  March 27, 2012

  A proposed freeze for account holders and creating ‘floating’ value money market funds would only sow more confusion among Main Street Americans. Is that a good idea?

• What Problem Exactly Is DOL Trying to Solve by Redefining ‘Fiduciary?'

  By Dale Brown, Financial Services Institute  |  March 13, 2012

  One thing we do know: the significant unintended consequence of forcing higher fees for IRA investors.

• FSI Fights Back, and Wins, Against Threat to IRAs

  By Dale Brown, Financial Services Institute  |  February 28, 2012

  The latest win by FSI’s ‘Rapid Response’ team: retaining benefits of stretch IRAs in Congress.

• FSI to Spotlight Members’ Opinions: 2012 Politics and Equities Outlook

  By Dale Brown, Financial Services Institute  |  February 13, 2012

  The opinions of our membership should be heard by regulators and legislators. In our first survey of our 35,000 advisor members, we focused on headline political, economic, tax and regulatory issues.

• Despite FSI’s Recent Accomplishments, Complacency Is Not in Our Vocabulary

  By Dale Brown, Financial Services Institute  |  January 31, 2012

  In his premiere blog for AdvisorOne, Dale Brown of FSI writes that "our competitive advantage is the compelling story of independent financial advisors helping clients in communities all across America with their Main Street financial goals."

• Independent broker/dealers - Healthy, but at risk

  By Dale Brown, Financial Services Institute  |  July 1, 2006

  Christopher Cox, chairman of the SEC, told an interesting story last November. The Roman Emperor Claudius, whose wife tried to kill him with poisonous mushrooms,...