Attorneys become Financial Registered Representatives

Attorneys becomes
Registered Representatives

FOR IMMEDIATE RELEASE
November 18, 2002
CONTACT: Bruce Fenton 800-559-2900

Atlantic Financial enable a Bowditch and Dewey subsidiary to Offer Clients Securities and Investment Services; Opens a New Door to how Investors Receive Advice and Service

WESTBOROUGH, Mass. November 18, 2002

An important part of the consolidation trend for investment, legal and accounting services, Atlantic Financial and Bowditch and Dewey today announced the creation of B&D Advisors, a subsidiary of the law firm that is licensed to sell securities through Atlantic Financial's broker dealer. [editor update, in 2011 Atlantic Financial became a Registered Investment Advisor and is unaffiliated with any broker dealer] The announcement heralds a new way the law firm can serve their clients and investors can manage their portfolios.

"There is a huge and clear demand for one-stop service by investors and movement toward consolidation of services by law firms," says Bruce Fenton, president of Atlantic Financial. Individuals can now pair investment and legal work under one roof: their law firm. Clients are able to have 401ks, IRAs, stocks, bonds, CDs, College Savings Plans, Trusts and over 14,000 mutual funds.

Atlantic Financial forecasts that investors across America will soon call on their law firms for detailed advice and transactions in mutual funds, retirement plans and other investments.
"Today's investment and legal world is complex. Serious investors need this high-level of expertise; meanwhile, law firms are seeking new ways to serve clients. Inevitably individuals will get both legal and investment assistance from their law firm as standard practice," says Fenton. "There is no question in my mind that this is one of the biggest developments in the legal world and the financial services sector in many years."

The representatives of the firm are not simply "middle men" but actually Series 7 licensed financial advisors.

"We are happy to be working with Atlantic Financial on this enterprise," says Mike Brockelman, 25-year veteran attorney, Head of Bowditch and Dewey's Trust and Estates Group and senior member of B&D Advisors. "Although we have decades of experience managing taxes and estates, we wanted to work with a very cutting-edge firm with highly specialized expertise in this area for the new program. Atlantic Financial and Atlantic Financial's broker dealer. fits this bill and provide outstanding support with all facets of marketing and operations."

"We created this program because we saw a clear need from law firms that wanted to set up a service of this type with the goal of helping clients and expanding their business. Bowditch and Dewey is a great fit in terms of size and attitude, a very established, respected and highly ethical firm, an ideal candidate to be a pioneer in this area." says Fenton.

About Bowditch and Dewey LLC
Bowditch and Dewey is a Massachusetts law firm that was founded 87 years ago. The firm's 70 attorneys currently serve over 6,000 corporate and individual clients. The firm's trust department currently manages over $250 million in assets.

About Atlantic Financial Inc.
Atlantic Financial (www.atlanticfinancial.com) has been on-line since 1994 and has clients nationwide. Atlantic Financial helps enable registered representatives to offer investment services by supporting with everything from operations, to preparation of financial plans to marketing and seminar assistance.