The Bank Insurance and Securities Association (BISA) has parted ways with consultant DSG Network, and with it Bob Grieb and Heywood Sloane, the trade group and its predecessor's leaders for over a decade, according to two sources who want to remain anonymous.

Marc Vosen, president of Key Investment Services and this year’s president of BISA, said in a memo to the board Oct. 11 that the association would no longer be working with DSG, but that Dick Starr, chairman of BISA’s legislative, regulatory and compliance committee, would remain on board. Day-to-day administration of BISA will be handled SmithBucklin, which specializes in association management.

Vosen followed up his memo with an email Oct. 13 asking for suggestions for an executive director with both the administrative skills and the dynamism to lead BISA going forward.

No reason was given for BISA’s split with DSG, but one source suggested that the insufficiency of the Chinese wall between BISA the trade group and the DSG the consulting firm may have been one problem.