DENVER , The financial planning
profession has and will continue to experience rapid growth, according to the
2005 FPA Compensation and Staffing Study, sponsored by SEI Advisor Network and
produced by Moss Adams LLP. Bulk purchase discounts
are also available to financial planning institutions and CFP(R) registered
programs.com.mossadams. Merriman Curhan Ford + Co.

This designation is issued by the Certified Financial Planner Board of Standards, Inc.

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on Oct. For more information, visit
http: //www.

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322.

About the Financial Planning Association(R) (FPA(R))
The Financial Planning Association (FPA) is the membership organization
for the financial planning community.SEIAdvisorNetwork . The company's innovative
solutions help corporations, financial institutions, financial advisors , and
affluent families create and manage wealth. We assume no obligation to
update the information included in this press release, whether as a
result of new information, future events or otherwise .

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"
Other highlights from the study:
-- Growth in revenue and scale has led to increasing specialization of
roles and responsibilities within firms., a
securities broker-dealer and investment bank, today announced that its
acquisition of Catalyst Financial Planning + Investment Management,
Inc. MCF Asset Management, LLC and MCF Wealth Management,
LLC are two recently formed businesses that are predicated on
fee-based, recurring revenue models. is a securities broker-dealer and
investment bank focused on fast growing companies and growth-oriented
institutional investors .

Contains listings of planners who are Certified Financial Planner (CFP) licensees.

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-- Owner compensation (profit distributions from ownership excluded)
represented 23 percent of the revenue of the average advisory firm
participating in the study and continued to be the single largest
expense for the firm. For the industry to continue to
grow, firms must give equal focus to both clients and staff.

Also as previously disclosed , Catalyst will reside in a newly
created Delaware subsidiary of MCF Corporation called MCF Wealth
Management, LLC and will remain headquartered in its existing Oakland
office.

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To create that experience, it's crucial that advisers integrate a
scalable business model with the right staffing strategy," said Jack May,
Solutions Leader, SEI Advisor Network.

About Moss Adams LLP
Moss Adams LLP is the 11th largest accounting and consulting firm in the
United States , and the anchor firm in Moores Rowland International, an
association of 140 leading independent accounting firms worldwide.

MCF Corporation Closes Acquisition of Catalyst Financial Planning + Investment Management; First Step in MCF Corporation's Wealth Management Strategy Completed

It provides investment research , brokerage
and trading services primarily to institutions, as well as advisory
and investment banking services to corporate clients.

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The firms that show the ability to grow new advisors and
provide a career track to their staff will continue to grow at a high pace and
enjoy financially and professionally rewarding practices.4237.fpanet.

Terms of the transaction were not disclosed.

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Second was employee professional
compensation at 16 percent.
Giachetti, Esq.

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5 employees in 2005 and revenues have
grown from $631,000 in 2001 to more than $1 million in 2005."
"This year's study shows how advisory practices are changing with the
ever-evolving financial services industry," said Elizabeth W. 9, 2005
-- Recruiting + Retention - Best Practices by Jeff Rattiner on
Jan.htm. Catalyst is a fee-only registered investment advisor based in
Oakland, California with over $100 million of assets under management. Its mission is
to become a leader in the researching, advising, financing and trading
of emerging growth equities.

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Forward-looking statements in this
release are based on information available to us as of the date
hereof.

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"
And Rebecca Pomering, principal of Moss Adams LLP, said: "The ability to
recruit and retain talent will define the successful advisory firms in the
next five years.
FPA also plans to hold several Virtual Learning Center seminars in the
coming months designed to help financial planning professionals address
staffing and compensation issues:
-- Protect Your Practice When Adding New Partners by Thomas D. The SEI Advisor
Network is a strategic business unit of SEI Investments.7 billion in assets , and operates 22 offices in 12 countries.

The Financial Planning Association is the owner of trademark, service mark
and collective membership mark rights in: FPA, FPA/Logo and FINANCIAL PLANNING
ASSOCIATION.
CFP(R), CERTIFIED FINANCIAL PLANNER(TM) and the federally registered CFP
(with flame logo) are certification marks owned by the Certified Financial
Planner Board of Standards, Inc., MCF Asset Management, LLC, and MCF Wealth
Management, LLC. Forward-looking statements include statements regarding our
expectations, beliefs, intentions or strategies regarding the future
and can be identified by forward-looking words such as "anticipate,"
"believe," "could," "estimate ," "expect," "intend," "may," "should,"
"will," and "would" or similar words.

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About SEI
SEI Investments (Nasdaq: SEIC) is a leading global provider of asset
management and investment technology solutions. Madelyn Mallory, president and CEO of Catalyst, will retain
that title and continue to oversee the management of the firm.

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"One of FPA's priorities is career development and growing new
planners., non-owners in
client-focused advisory positions). 11, 2006.

Business Editors

SAN FRANCISCO----MCF Corporation
(AMEX: MEM), the parent company of Merriman Curhan Ford + Co.

Note to Investors

This press release contains certain forward -looking statements
based on our current expectations, forecasts and assumptions that
involve risks and uncertainties.

mignone wherley

Moreover, the
2005 FPA Compensation and Staffing Study suggests continued -- if not rapid --
growth in the size of advisory practices.e. The compensation for all advisory levels reflects an
increasing use of incentive compensation to align the compensation
of advisers with the strategy of the firm and to create upside in
the compensation .
In an effort to help financial planning professionals address compensation
and staffing issues , the executive summary of the study will be published in
the November/December issue of Solutions magazine.

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With increased firm sizes, professional management positions are
also becoming more common and are in higher demand. For more information, visit
http://www. With a strong understanding
of the unique issues facing financial professionals in today's business
environment, Moss Adams has the expertise and the experience to provide
unequaled comprehensive accounting and business consulting services including:
-- Tax and Assurance Services
-- Practice Management
-- Succession and Exit Planning
-- Strategic and Business Planning
-- Investment Banking for Mergers and Acquisitions
-- AIMR Verification and Performance Benchmarking
-- Valuation
-- Compensation and Organizational Design
-- Due Diligence
Moss Adams has provided accounting, tax, consulting, and valuation
services to hundreds of financial planners, investment management, and
consulting firms, independent trust companies, independent broker-dealer
firms, and other financial services organizations throughout the United
States, Canada, and Australia.

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-- Competitive compensation practices reflect the high demand for
experienced staff, especially professionals (i. 12, 2005
-- Trends in Financial Planning Staffing and Compensation by
Rebecca Pomering on Nov.

The study is available in both hard copy and electronic (PDF) format
and retails for $195/$185, but FPA members pay just $95/$85 (hard
copy/electronic).

About SEI Advisor Network
SEI Advisor Network provides independent advisors with outsourced wealth
management platforms that are designed to meet the demands of a new generation
of wealthy clients. As of the period ending June 30,
2005 , through our subsidiaries and partnerships in which we have a significant
interest, SEI administers $312. Moss Adams
has a specialized team providing business continuation and practice management
services to independent financial professionals.

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This is also one of the biggest opportunities for growing the
profession, according to this year's study. In addition, that issue
will highlight the advisory practices of firms that have excelled in some
aspect of compensation and staffing, including recruitment and retention. In an evolving wealth management industry, the group
offers an end-to -end process for successfully transforming their clients'
businesses in every critical area, including marketing, practice management,
investment strategy and client relationship platforms. For more
information, visit http://www.com/industries/sin/default. ("Catalyst") has closed and that all closing conditions have been
met.
The definitive agreement to acquire Catalyst was previously announced
on January 25, 2005. and
SIPC.

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5 employees,
including owners/principals in 2001 to 4.
-- Once advisory firms cross the $1 million level they start
displaying significant leverage with the number of non-owner
professionals and support staff quickly increasing .fpanet.0 billion in mutual fund and pooled assets,
manages $130. is registered
with the Securities and Exchange Commission as a broker-dealer and is
a member of the National Association of Securities Dealers, Inc.

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Merriman Curhan Ford + Co. Our actual results may differ materially from those stated or
implied in such forward-looking statements, due to risks and
uncertainties associated with our business, which include the risk
factors disclosed in our Annual Report on Form 10-K filed on February
15, 2005.

broussard severns

The typical financial planning firm has grown from 1. "One driver of this is that as advisers evolve from the solo
model and begin adding other professionals, their client , revenue and staff
growth becomes exponential. Job descriptions for
employees are being better defined, the combined skill-sets of
firms are increasing and pay practices are becoming more
sophisticated. The marks may not be used without written permission from the
Financial Planning Association.

Individuals must pass an exam devised by the CFP Board and continue to meet its practice standards reequirements.

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org/products or call 800.org. These marks are awarded to individuals who
successfully complete CFP Board's initial and ongoing certification
requirements .

MCF Corporation (AMEX: MEM) is a financial services holding
company that provides investment research, capital markets services,
asset management, wealth management, corporate and venture services ,
and investment banking through its operating subsidiaries, Merriman
Curhan Ford + Co.

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"Many of these same firms are
expected to get to the critical mass threshold in the not too distant future ,
with more than $5 million in annual revenue and a staff of 20 plus," according
to the study.

Firms that
exceed $2 million in revenue also start employing professional
management.com.

tassel rbm

seic.

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Advisory Firms to Experience Continued Rapid Growth; Need to Develop Human Capital Greater Now Than Ever Before Says FPA Study

Close to half of the
participating firms are looking to recruit new professionals,
nearly double the percent of firms that were looking to recruit
professionals in the 2003 FPA Compensation and Staffing Study. Human capital development and growth are
inseparable for advisory firms.

"In this era of transition within the wealth management industry,
advisers' success will live or die by the quality of client experience they
provide. Its members are dedicated to supporting
the financial planning process in order to help people achieve their goals and
dreams. FPA believes that everyone needs objective advice to make smart
financial decisions and that when seeking the advice of a financial planner,
the planner should be a CFP(R) professional.

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Jetton, CFP(R),
chair of FPA.
-- Independent financial advisory firms are tremendously successful
in creating and sustaining client relationships. Firms must now
aim to achieve similar success in the attraction , selection and
retention of talent. To purchase a copy, please visit
http://www.
For more information, visit http://www.

About MCF Corporation and Merriman Curhan Ford + Co.