nonprofit logo

Financial Services Institute Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200587793 ✦ Washington, DC ✦ Designated as a 501(c)(6)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Financial Services Institute Inc?

Financial Services Institute Inc., headquartered in Washington D.C., is a nonprofit organization dedicated to supporting independent financial advisors and financial services firms. Their mission is to advocate for a healthier regulatory environment for independent broker-dealers and their affiliated independent financial advisors. They achieve this through proactive advocacy, education, and public awareness. The institute operates with a team of 23 individuals, working tirelessly to create a favorable regulatory landscape for their members.


Official website here: www.financialservices.org

Is Financial Services Institute Inc legitimate?

Financial Services Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Financial Services Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $4,421,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,154,488

For more financial information, click here


Official website here: www.financialservices.org

What is the mission statement of Financial Services Institute Inc?

The Financial Services Institute Inc's mission is centered around fostering a more favorable regulatory environment for independent broker-dealers and their affiliated independent financial advisors. This is achieved through proactive and impactful advocacy, education, and public awareness efforts. The organization aims to provide support to these financial advisors and their firms by engaging in constructive dialogue with federal and state regulators and legislators.


Official website here: www.financialservices.org

Who is the CEO of Financial Services Institute Inc?

Dale Brown is the Chair of Financial Services Institute Inc. The CEO's salary of Financial Services Institute Inc is $950,921 and their total compensation is $1,095,719.


Official website here: www.financialservices.org

What is the revenue of Financial Services Institute Inc?

Financial Services Institute Inc's revenue in 2022 was $10,638,881.


Official website here: www.financialservices.org

Who are the executives of Financial Services Institute Inc and what are their salaries?

The average compensation at Financial Services Institute Inc during 2022 was $242,416. There are 23 employees and 21 volunteers at Financial Services Institute Inc.


Here are 34 key members and their salaries (Financial Services Institute Inc's CEO's salary is $950,921 and their total compensation is $1,095,719):


Ed Forst (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Poer (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Spiker (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Barrows (Chair, Finance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Horn (Fsi Pac Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Byrne (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Christian (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Von Cook (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex David (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Hofmeister (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Ketterer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Oros (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Perry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Perry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Price (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Santucci (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Schlosser (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evamarie Schoenborn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Squires (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Stinson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Webber (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Brown (President & Ceo)
  • Compensation: $950,921
  • Related: $0
  • Other: $144,798
David Bellaire (Exec Vp & General Counsel)
  • Compensation: $596,371
  • Related: $0
  • Other: $102,931
Brett Mcallister (Svp, Finance, Ops, & Bus Strat)
  • Compensation: $516,051
  • Related: $0
  • Other: $82,763
Christopher Paulitz (Head, Strat. Initiatives)
  • Compensation: $338,046
  • Related: $0
  • Other: $71,309
Robin Traxler (Svp, Policy And Dep Gen Co)
  • Compensation: $386,155
  • Related: $0
  • Other: $61,361
Kevin Whitehead (Vp, Business Development)
  • Compensation: $292,548
  • Related: $0
  • Other: $56,586
Michelle Allgauer (Svp, Education And Engmnt)
  • Compensation: $489,074
  • Related: $0
  • Other: $67,506
Kathryn Anderson (Vp, Corporate Relations)
  • Compensation: $214,369
  • Related: $0
  • Other: $50,290
Nicole Brown (Avp, People & Culture)
  • Compensation: $155,928
  • Related: $0
  • Other: $8,411
Matthew Landers (Dir Political Engmnt)
  • Compensation: $132,790
  • Related: $0
  • Other: $14,484
Renee Barnett (Dir Fed Reg Affairs, Sr Cnsl)
  • Compensation: $247,539
  • Related: $0
  • Other: $13,201
Dan Barry (Dir State Leg Affairs)
  • Compensation: $156,118
  • Related: $0
  • Other: $31,131
Hanna Laver (Dir Leg Affairs & Sr Cnsl)
  • Compensation: $159,172
  • Related: $0
  • Other: $8,732


Official website here: www.financialservices.org

Where can I find the form 990 for Financial Services Institute Inc?

Financial Services Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.financialservices.org

Learn more at the official website: www.financialservices.org

Mission Statement of Financial Services Institute Inc

Financial Services Institute Inc, in its mission, strives to establish a more favorable regulatory environment for independent broker-dealers and their affiliated independent financial advisors. This is achieved through proactive and impactful advocacy, education, and public awareness. The organization's primary goal is to support independent financial advisors and financial services firms by engaging in constructive dialogues with federal and state regulators and legislators. By doing so, Financial Services Institute Inc aims to create a regulatory landscape that fosters growth and success for these independent professionals.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Financial Services Institute Inc significantly impacts the financial services landscape by advocating for independent broker-dealers and their affiliated independent financial advisors. Through robust advocacy efforts, the organization strives to shape a more favorable regulatory environment, which is crucial for the growth and sustainability of independent financial firms.

Their commitment to education and public awareness empowers financial advisors with the knowledge necessary to navigate regulatory challenges and serve their clients effectively. By actively engaging with federal and state regulators and legislators, the Institute not only represents the interests of independent firms but also promotes a more informed policy dialogue in the financial services sector.

Ultimately, their work supports community improvement by ensuring that independent financial advisors can operate within a regulatory framework that fosters innovation, competition, and client-centered practices. This advocacy plays a vital role in upholding the integrity of the financial services industry and enhancing the overall experience for consumers seeking independent financial advice.




This information is meant to be a general summary of Financial Services Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$10,638,881 (2022)
Expenses
$10,345,882 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $57,388
  • Program Service Revenue: $10,480,392
  • Gross Receipts: $10,638,881

Assets and Liabilities:

  • Total Assets: $15,775,442
  • Total Liabilities: $10,252,594
  • Net Assets: $5,522,848

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$8,180,351

SPONSORSHIP REVENUE

Revenue

$1,475,270

CONFERENCE AND SPECIAL MEETINGS

Revenue

$559,185

EXHIBIT INCOME

Revenue

$226,000

ADVERTISING

Revenue

$39,586

Organization Details

Founding Year

2004

Principal Officer

Dale Brown

Main Address

1201 PENNSYLVANIA AVE NW 700, WASHINGTON, DC, 20004

NTEE Category

Code: S41 - Community improvement

If you are a representative of Financial Services Institute Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.