<p>"We did not imagine in our wildest dreams that when we started this it would grow to what it has become," Brian Hamburger, managing director and founder of compliance consulting firm MarketCounsel, said at the outset of its Member Summit 2012 in Las Vegas on Wednesday. "The level of commitment and collaboration is amazing; everyone is represented, from top advisors to industry thought leaders to service providers, and they're part of the conversation."</p><p>The summit, featuring a who's who of leading RIA firms and industry personalities, is in its fifth year, and began with an announcement from Hamburger (left).</p><p>"We have sold our MailBanc messaging compliance service to Global Relay," Hamburger said, offering no details of the deal. "We started it five years ago out of a desire to fill the need, which did not exist at the time, for enterprise-level messaging compliance at an affordable price. The industry has now matured to a point where we can step aside and continue our focus on RIAs."</p><p>In a somber moment, Hamburger also described the MarketCounsel Foundation, started on Sept. 11, 2002, as a memorial to an employee killed in the attacks. In a desire for a "larger footprint to leave behind" the foundation today focuses on financial education and literacy, as well as helping to encourage diversity within the financial services industry.</p><p><a href="http://www.advisorone.com/2012/09/13/marketcounsel-sells-mailbanc-messaging-unit-to-glo">Keep reading...</a></p>