Family Office

Wealth-industry groups team up to share resources

FWR Staff 1 November 2007

Wealth-industry groups team up to share resources

NNEPA and WAI get together to expand member programs in cooperative effort. The National Network of Estate Planning Attorneys (NNEPA) and the Wealth Advisor Institute (WAI), two industry associations with wealth-management orientations, are teaming up to share resources and expand member programs.

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"We are proud to be joining with WAI in working to reach its goal of creating a truly multi-discipline professional association for all wealth advisors," says Rick Randall, chairman of the NNEPA. "By working together, members of both NNEPA and WAI will gain perspective and enhance the level of service they can offer to their clients."

The NNEPA and WAI will cooperate on some marketing initiatives, promotional activities, as well as training and education programs, conferences and other events. NNEPA members will have access to WAI's online services and -- perhaps more tempting -- be able to take part in its group health- and life-insurance programs.

WAI's president Tom Froelich says the alliance with the NNEPA "marks a major step forward toward building a comprehensive network of wealth advisors from all professional disciplines."

 Froelich is also president of Spring Lake Heights, N.J.-based RIA Froehlich Financial Group.

Keith Gregg, chairman of WAI and president of San Diego-based broker-dealer First Allied, says the tie-in with the NNEPA stems in part from WAI's desire to partner with associations that share its "commitment commitment to serving wealth advisors for their individual benefit and for good of our entire profession." -FWR

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