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News & Press: CalAdvisor Newsletter

Membership Update

Friday, March 4, 2016   (0 Comments)
Posted by: John Nilmeier, CFP
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We had a tremendously successful Day on the Hill last week as more than 70 NAIFA-California members took time out of their schedule to visit legislators in their offices in Sacramento. This may seem like an odd topic to discuss in a membership article, as our Day on the Hill event clearly falls under advocacy; yet it has much to do with membership.

Our success in advocacy is a direct result in the number of members we have in our association. When a few people take to the Capitol, a few legislators may take notice, but when 100 people walk into the Capitol, everyone notices. It’s a simple equation: A large membership equals strength and clout with your legislators.

With the Fiduciary Standard regulations staring us in the face, there are more reasons now to be a NAIFA member than ever before. When wholesalers enter my office and discuss their distaste for this proposed law, I ask them if they’re a NAIFA member. If they say no, I ask them “Why not?” I challenge everyone to be asking the same question to all of their financial advisor colleagues. We need to be telling people how NAIFA is protecting their businesses as well as their clients’ well-being. I believe we are at a critical turning point in our industry and we need to stand united as a large NAIFA organization to fight unfair and oppressive regulations that deprive our clients of choice.  Don’t wait; get out there and tell someone about NAIFA today and help them get involved!

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