Chief Compliance Officer of Berthel Fisher and Company, Inc., brings more than 30 years of financial services experience, including two decades in compliance leadership.
CEDAR RAPIDS, Iowa, Feb. 5, 2026 /PRNewswire/ — The Berthel Fisher Companies (the firm), a leading wealth management, investment management and insurance solutions provider, today announced that Kim Chapman, Chief Compliance Officer for Berthel Fisher subsidiaries, has been elected to serve as Chair of FINRA’s National Adjudicatory Council (NAC) for 2026. This new role follows her election to a four-year term in the Mid-Size Firm seat in January 2024. She is also a member of FINRA’s Midwest Regional Committee.
Appointed by the FINRA Board of Governors, the NAC evaluates initial disciplinary decisions issued by FINRA hearing panels and considers disciplinary matters that have been appealed to, or called for consideration by, the NAC. The NAC also addresses statutory disqualification matters, considers appeals of membership proceedings, exercises exemptive authority and acts in other proceedings as set forth in the Code of Procedure.
“It’s a distinct honor to be elected by my peers to serve as Chair of the NAC,” Chapman said. “As we collaborate with FINRA, our responsibility to review disciplinary decisions and membership proceedings is more critical than ever. My goal is to leverage our combined expertise and diverse perspectives to deliver fair, consistent enforcement that protects the investing public. I believe my three decades in financial services position me for success in this role.”
Chapman has been CCO of the Berthel Fisher subsidiaries since 2020. They are comprised of several financial services businesses within the firm, including two independent broker-dealers, an SEC-registered RIA and an insurance agency.
She has over 20 years of experience in compliance, including across business models encompassing captive, franchised and independent audiences. Meanwhile, her entire financial services background spans retail, fintech, investment banking and product manufacturers across insurance and mutual funds.
During her career, Chapman has worked at firms with more than 5,000 registered reps and at those with fewer than 50. That range of experience gives her a practical, end-to-end view of compliance and operations, making her well-suited for her new role.
“The wealth management industry will be well served with Kim as Chair of the FINRA NAC,” said Andrew Christofferson, CEO & President for Berthel Fisher subsidiaries. “Her election reflects her knowledge, judgment and integrity while underscoring the caliber of leadership we continue to cultivate at Berthel. Kim understands the issues facing financial advisors, firms and clients, and in her new position will no doubt help to provide efficient, well-reasoned and fact-based oversight.”
About The Berthel Fisher Companies
The Berthel Fisher Companies (Berthel Fisher) consists of Berthel Fisher & Company Financial Services, a leading independent broker-dealer; BFC Planning, an SEC-registered investment adviser; Berthel Fisher & Company Insurance, an agency providing comprehensive solutions with competitive contracts from top carriers; Securities Management & Research (SMR), an insurance-based broker-dealer operated by a securities firm, as well as SMR’s holding company, One Financial; and has majority ownership of BFC Investments, Commercial Power Finance and iPrism Global. For more information, visit https://www.berthel.com/.
About FINRA
FINRA is a not-for-profit organization dedicated to investor protection and market integrity. FINRA regulates one critical part of the securities industry—member brokerage firms doing business in the U.S. FINRA, overseen by the SEC, writes rules, examines for and enforces compliance with FINRA rules and federal securities laws, registers broker-dealer personnel and offers them education and training, and informs the investing public. In addition, FINRA provides surveillance and other regulatory services for equities and options markets, as well as trade reporting and other industry utilities. FINRA also administers a dispute resolution forum for investors and brokerage firms and their registered employees. For more information, visit www.finra.org.
Media Contact:
Michael Dugan
Haven Tower Group LLC
424 317 4852
mdugan@haventower.com
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SOURCE Berthel Fisher Companies
