Back to Journal

NIBA Membership Message

N
Written by
NIBA
Published
Reading time
3 min

Fellow brokers,

“Activity begets activity”. This is a favorite phrase of mine that can be heard frequently in our office. It’s a very simple idea; it’s hardly original but very true: If you want something to happen - then start doing something. Membership in the NIBA is doing that ‘something’ that will beget growth in your business in very real, very tangible ways. Of course everyone in the IB community - member or not - benefits from the legislative, lobbying, and representational activities that the organization conducts on behalf its members. However, joining and becoming an active member in the NIBA is necessary to partake of the many benefits available in addition to these activities.

One of the most important of these benefits in my opinion is the opportunity to utilize your membership in the organization as vehicle or ‘portal’ to build relationships and connections with other professionals in the industry. This can be especially important for those outside areas where the exchanges are located. Attending one of our annual conferences in Chicago or New York City or other events such as the recent tri-sponsored event held with the CME Group and NFA in Southern California gives you to the opportunity to move out of the vacuum and into mix.

Through my relationships I have made through the NIBA I have hired brokers, been referred clients, increased my knowledge, and gained ideas that has added to the bottom line of my business in a very real way.

If you are already a full paying member of NIBA, thank you! Your support, participation, and your investment in your business is what makes the NIBA possible. Not yet a member? We invite you to join now. A good thing about membership in NIBA is that with each new member, everyone in the community benefits. So current members, please be sure to spread the word. 

Membership packages and invoices were mailed out the middle of last month. I think the package really showcased the growth and progress NIBA has made as an organization and highlighted the myriad benefits of membership. I hope you feel the same way.

For those who haven’t renewed please do so as soon as possible. We will have to remove the online Broker Directory listing for those members who haven’t renewed by March 15th. Ralph Preston of the membership committee will be calling with a friendly reminder - let’s make his job easier by sending your dues in today. For your convenience you can also fill out your application/invoice and pay your dues online at www.theniba.com under the membership tab.

Thank you for your membership and support. If you have any questions about membership I can be reached at jjensen@hwfi.com or 800-263-3004.

Regards,

John C. Jensen

President /Membership Chairman


 


The Opinions expressed are the opinions of the author. The opinions, the trading styles, trading information and trading programs are not endorsed by the NIBA, but are the individual opinions, styles, information and programs of the author.

Stay Informed

Subscribe to the NIBA Journal for the latest insights and industry updates

Related Articles

View All
NIBA Briefings

Futures That Don’t Look Like Futures

The Small Exchange launched new futures products that pair the efficiency of futures with the simplicity of stocks, on June 1, 2020. Built on the pillars small, standard, and simple, the Smalls cover everything from stocks and bonds to commodities and foreign exchange in a way that is accessible to the everyday trader. After surveying the current landscape for active investing, CEO Donnie Roberts decided that traditional futures had not evolved to meet the needs of the self-directed trader. Small Exchange futures were designed with ease of use in mind, and they cut out the large notional sizes and inconsistent specifications from traditional futures while providing cost-efficient capital requirements. All products from the Small Exchange have the same minimum tick...

NIBA Briefings

Life of a Brokerage Firm <Part Three>

Life of a Brokerage Firm &lt;Part Three&gt; Ron Grossman and Ryan Griffeth conducted as series of interviews discussing the various stages of a brokerage firm. Interviews are presented here in Q&amp;A form. The focus of part three is on the exit strategy, or lack thereof, and what firms who have formalized these types of strategies are doing to implement them successfully. &lt;Industry Professional&gt; Michael Coglianese, Coglianese, CPA How many firms do you talk to that have an exit strategy formalized? 10%. They all should have them. What would you advise a firm or broker who had an exit strategy but was unsure of how to execute it? Talk to an attorney and accountant who has experience in this area. It...

NIBA Briefings

Chairman Letter for February 2013

Dear Members - If you think endless snow storms and wind chills below zero have gotten you pretty far down, don't even look at the new and proposed regulation discussed below. Over at the NFA, fines are now in place for registrants, including IBs, who are late filing various reports. Fines are in the amount of $1,000 per day! No doubt there are some bad apples who file late regularly, but currently there are no exemption or waiver procedures in place for an IB who is late once during the term of membership. Also at the NFA, a proposal to have CPOs/CTAs meet minimum financial standards has been suggested, along with a rule that requires an independent third party to...