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Klingenstein Fields Advisors’ SVP Jonathan B. Roberts, CFA, CIC, Delivers Opening Remarks at Investment Adviser Association’s 2016 Annual Leadership Conference

Published: May 1, 2016

Klingenstein Fields Advisors’ SVP Jonathan B. Roberts, CFA, CIC, Delivers Opening Remarks at Investment Adviser Association’s 2016 Annual Leadership Conference

NEW YORK, N.Y., May 11, 2016 (SEND2PRESS NEWSWIRE) – Jonathan B. Roberts, Chief Compliance Officer and Senior Vice President at Klingenstein Fields Advisors (KF Advisors), a leading wealth management firm with approximately $3 billion in assets under management, welcomed attendees with insightful opening remarks at the Investment Adviser Association’s (IAA) 2016 Annual Leadership Conference. Mr. Roberts discussed the strong growth in the investment adviser industry and the challenges that accompany it, including heightened regulatory and public scrutiny, greater competition and the increased complexity of investment management.

According to Mr. Roberts, regulatory oversight, in particular, is a topic of focus from an array of organizations and agencies, from the SEC and FINRA to banking regulators, the Treasury and the Financial Stability Oversight Council, as well as the Department of Labor, which has recently expanded their definition of fiduciary.

“The demographics of an aging population are engendering an increased focus on retirement issues and the need for advice.” stated Mr. Roberts. He went on to talk about the crucial role that the IAA plays in working with legislators and regulators in representing the investment adviser community, helping to develop appropriately tailored regulation, as well as to uphold fiduciary standards. “A core part of the IAA’s mission is to promote and preserve the highest standard of fiduciary duty that is the bedrock of the Investment Advisers Act of 1940.” Mr. Roberts remarked.

Mr. Roberts urged attendees to remember that “fiduciary advice is critical for clients and their financial futures.” He closed by reviewing the critical role the IAA plays in advocating for investment advisers and their clients, reminding participants of how important it is to get involved and work together to “strengthen their individual businesses and the overall standing of our profession. Mr. Roberts serves as Chair of the IAA’s Board of Governors.

Important Disclosures

This material is provided for informational or educational purposes only and should not be construed as investment, accounting, tax or legal advice. Always consult a financial, tax and/or legal professional regarding your specific situation. This communication is not intended as a recommendation or as investment advice of any kind. It is not provided in a fiduciary capacity and may not be relied upon for or in connection with the making of investment decisions. Nothing herein constitutes or should be construed as an offering of advisory services or an offer to sell or a solicitation to buy any securities or a recommendation to invest in any specific investment strategy. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future returns. The views expressed herein are as of a particular point in time and are subject to change without notice. The information and opinions presented herein are general in nature and have been obtained from, or are based on, sources believed by Klingenstein Fields Advisors (“KF Advisors’) to be reliable, but KF Advisors makes no representation as to their accuracy or completeness. Although the information provided is carefully reviewed, KF Advisors cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided. KF Advisors represents two investment advisers registered with the Securities and Exchange Commission: Klingenstein, Fields & Co., L.P. and KF Group, LP. If you are a KF Advisors client, please remember that it remains your responsibility to advise KF Advisors, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services.