Compliance officers praised the decision by Barefoot, Marrinan & Associates to sell out to KPMG Peat Marwick, saying it will give the consulting firm and its clients access to better technology and resources.
"It might bring them up to a more technologically advanced level," said Connie Weinman, compliance officer at National City Bancorp. in Minneapolis. "'Lately it seems that they've been stuck in the paper world. Everyone else seems to be putting out information on CD-ROMs and we haven't gotten that from them."