Penton Media’s Registered Rep. Magazine Announces 2007 Outstanding Advisor Award Winners

5/23/2007

NEW YORK (May 23, 2007) - Penton Media's Registered Rep.® magazine today named ten leading financial advisors from across the country as recipients of this year's 27th annual Outstanding Advisor Awards. The awards were presented on Thursday, May 10th at the NASDAQ MarketSite in Times Square, at a reception following the ringing of the closing market bell by this year's honorees. The awardees are profiled in the May issue of the magazine, also online at www.registeredrep.com .

Selected by the editors of Registered Rep. from hundreds of nominees, the winning advisors have demonstrated both business success and leadership in serving as guides to other financial advisors and as active participants in community activities.

This year's winners are Carl Bailey, Bailey & Beatty Financial Services (Commonwealth Financial)
Danbury, Conn.; Larry Wayne Carroll, Carroll Financial Associates, Charlotte, N.C.; John Christopher Cooke, Wachovia Securities, Indianapolis, Ind.; Stephen Drake, RBC Dain Rauscher, Houston, Texas; Grant W. Lee, Smith Barney, San Francisco, Calif.; David Mallach, Merrill Lynch, Philadelphia, Penn.; Lewis A. Metzger, Morgan Stanley, Houston, Texas; Carlo A Panaccione, LPL Financial Services, Redwood Shores, Calif.; Al Salvino, William Blair, Chicago, Ill.; and Mark J. Smith, Raymond James Financial Services, Englewood, Col.

"This year, we've renamed these honors as Outstanding Advisor Awards," said David Geracioti, editor of Registered Rep. "The advisors chosen for the awards over the last several years hardly fit the now-outmoded term ‘broker.' All of our award recipients offer top-quality investment advice, and some offer much more-including financial plans, retirement, tax and estate planning and risk management to primarily wealthy clients. Indeed, our winners often provide fee-based services and conduct themselves as objective financial-advice givers."

The awards program was sponsored by BlackRock, with additional support from event host NASDAQ.

Registered Rep. is the industry source for investment professionals. Each monthly issue reaches more than 125,000 subscribers who control trillions of dollars of assets for more than 30 million investors.

These powerful financial advisers are licensed to sell a broad range of investment products and rely on Registered Rep.'s portfolio of timely features, articles, departments and columns. Registered Rep. is part of Penton Media's Financial Services Group, which also includes Trusts & Estates®, National Real Estate Investor® and Retail Traffic®.

Penton Media, Inc. is the largest independent business-to-business media company in the U.S., serving more than six million business professionals every month. The company's market-leading brands are focused on 30 industries and include 113 trade magazines, 145 Web sites, 150 industry trade shows and conferences, and more than 500 information data products. Headquartered in New York City, the privately held company is owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, and its co-investors. For additional information on the company and its businesses, visit www.penton.com.

CONTACT:
Lee Feldman, Peters & Feldman
Phone: (203) 854-5848
E-mail: leefeld@ix.netcom.com