Our practice is primarily fee-based and ready for the new DOL-imposed regulatory environment. We are part of a larger producer group that has it's own adviser-owned RIA affiliated with LPL. This group has it's own 401k platform available for all its advisers, as well as an established investment policy committee, concierge support and head of compliance. We are potentially interested in purchases or merger with firms who either need support navigating the new regulatory landscape or who are selling to avoid the changes. One of our strong suits, we believe, is a concrete downside market strategy that has a track record.