Subject: File No. S7-25-99
From: Phillip Q. Couture, CFP
Affiliation: FPA

January 19, 2005

I am very concerned about improper financial advice that I see frequently coming from the wirehouse brokers to the consumer. I urge complete withdrawal not revision of the proposed rule that allows fee-based brokerage programs to offer financial planning and other advisory services without registration as an RIA.