Executive compensation at ADP followed the market down as the payroll services giant slashed bonuses and stock awards for its CEO and CFO for 2009. President and CEO Gary C. Butler saw a 15.2 percent decline in his salary while compensation for CFO Christopher R. Reidy was off 24.5 percent.

Declines in the demand financial planning services led Gilman+Ciocia to a loss of just under $2 million for the year ended June 30, a turnaround from $3.7 million in net income a year earlier, while revenue dropped to $41.6 million, down $18.3 million from $50.9 million from fiscal 2008. Financial planning revenue, by far the largest component of revenue, dropped to $34.2 million, a decrease of 22.8 percent from $44.3 million a year ago.