Investment Adviser Association

Updated on Dec 21, 2023

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Investment adviser association top 7 facts

The Investment Adviser Association (IAA) is a not-for-profit association that exclusively represents the interests of federally registered investment advisory firms. Founded in 1937, the Association played a major role in the enactment of the Investment Advisers Act of 1940. The IAA’s membership today consists of over 500 firms that collectively manage in excess of $9 trillion for a wide variety of individual and institutional investors.

The IAA provides significant benefits to its members, including up-to-date regulatory, compliance, and educational services. In addition, the IAA serves as the advocate for investment advisory firms with respect to every major issue that arises before the U.S. Congress, the United States Securities and Exchange Commission (SEC), the United States Department of Labor, state securities regulators, and other policy makers. The purposes of the IAA are:

To promote high standards of integrity, public responsibility, and competence in the investment advisory profession.

To provide effective, quality representation of the investment advisory profession at all levels of government with respect to the development, formulation, and enactment of legislation, rules, and regulations relating to investment advisers.

To provide benefits, services, and products that assist and add value to member firms in their course of doing business.

References

Investment Adviser Association Wikipedia

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