Sodas former high school social studies student, Mayor Paul A. Dyster, urged his appointment to the NFHA. Soda said he was pleased to accept.

Ive been a supporter of the housing authority for a long time and look forward to the opportunity to participate as a commissioner, he said.

Dyster said he has been in contact with Soda for many years and that he has proved a reliable resource for the community and has filled unexpected vacancies in the past.

He has respect from all facets of the community and that's why I think he's an excellent choice, the mayor said.

Soda was also recently appointed to the Niagara Falls Financial Advisory Panel. The board is the second iteration of a the board. It was created in a resolution sponsored by Council Chairman Andrew Touma in January, after the citys latest round of contentious budget talks concluded.

Soda and his colleagues are charged with strengthening Niagara Falls finances in light of a property tax increase, $5 million budget gap, and a 6.5-percent rise in expenditures.

LPL Financial, nations largest independent brokerage firm, as reported by Financial Planning magazine, based on total revenue, announces that Ronald K. Brownlee, president and CEO of RKB Wealth Management LTD. in Vineland, was recognized as a top financial advisor and named to LPLs Directors Club.

This distinction is based on where the advisors annual production ranks among the firms approximately 14,000 registered nationwide advisors. The Directors Conference honors the top LPL advisors throughout the US

With 29 years of experience in the financial services industry, Brownlee provides a comprehensive and vast array of investment strategies for the general public and business owners.

Brownlee is a member of The Vineland Rotary Club, The Greater Vineland Chamber of Commerce, The Financial Services Institute, and is actively involved with the Leukemia and Lymphoma Society, NJ Chapter.

Vanguard said Tuesday that two of its executives will have new leadership roles within the company.

Karin Risi has been tapped to be head of Vanguards Retail Investor Group, which has some $1.3 trillion in assets and serves more than 6 million clients. Over the course of the next several months, Risi will transition into her new role, replacing Paul A. Heller, managing director of the group, who is retiring at year-end after 31 years with the firm.

Thomas M. Rampulla will lead the Financial Advisor Services division, which works with about 1,000 financial advisory firms that have about $1 trillion in assets. Rampulla will succeed Martha G. King, who is taking a new role directing the Vanguard Institutional Investor Group.

Both Risi and Rampulla will report directly to Vanguard CEO Bill McNabb over the next few months and will join the 11-member team responsible for leading Vanguard and its operations.

Karins leadership skills and deep experience in various client-service roles will be vitally important as we continue to seek to lower the cost and complexity of investing for individuals saving for retirement, college and other goals, said McNabb, in a statement.

Risi joined Vanguard in 1997. She has worked closely with financial advisor and institutional clients in management positions in Vanguards Financial Advisor Services division and Institutional Investor Group.

Rampulla came to Vanguard in 1988. Most recently, he has been responsible for the management of Vanguards European businesses and is a member of Vanguards International leadership team. Previously, he managed the distribution of Vanguard ETFs and mutual funds through Vanguards financial advisor partners in the United States.

Vanguards Financial Advisor Services division is one of our fastest growing businesses, and Tom will bring his vast knowledge and understanding of the investment advisor industry to build on that momentum, explained McNabb.Tom will continue to focus on Vanguards efforts to promote the value of investment advice and to expand the use of Vanguards low-cost ETFs andmutual funds among our advisor clients.

--- Check out 4 Investing Strategies Bogle Gets Wrong: Ritholtz on ThinkAdvisor.

Voices is an occasional column that allows wealth managers to address issues of interest to the advisory community. Russ Hill is chairman and chief executive of Halbert Hargrove in Long Beach, Calif.

If you run a financial services firm that has grown significantly, there comes a time when you start to think beyond founding principles and begin to consider how you're managing people and systems. Are you actually doing what you say...