Investment advisers worry about coming reforms

OMAHA, Neb. -- Many investment advisers are concerned about regulatory changes that may be imposed on them as the government tries to improve protections for investors.

Omaha-based TD Ameritrade surveyed 503 registered investment advisers last month about their views on the economy and their businesses.

A little more than one-third of the advisers who responded said their top concern was regulatory changes.

Most advisers say they expect they'll have to devote more time to responding to new regulations. And that may mean reducing time with their clients.

The phone survey conducted Maritz Inc. has a margin of error of plus or minus 4.3 percent.