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About IAA

Background & Mission

Founded in 1937 as the Investment Counsel Association of America, the Investment Adviser Association is a not-for-profit organization that has exclusively represented the interests of fiduciary investment adviser firms for more than eight decades — including playing a major role in the enactment of the Investment Advisers Act of 1940, the federal law regulating our industry.

Our members range from global asset managers to the medium- and small-sized firms that make up the majority of our industry. Together, the IAA’s members manage more than $35 trillion in assets for a wide variety of clients, including individuals, trusts, investment companies, private funds, pension plans, state and local governments, endowments, foundations, and corporations.

The mission of the IAA is to be the leading industry organization:

  • Promoting high standards of fiduciary duty, integrity, public responsibility, and competence in the investment advisory profession.
  • Providing effective, quality representation of the investment advisory profession with respect to the development, formulation, and enactment of legislation, regulations, and other policies relating to investment advisers.
  • Offering benefits, services, and resources that assist and add value for member firms.

See the Standards of Practice & Fiduciary Interest >

Meet Our Board of Governors

The 22 Governors who sit on the IAA’s Board are representative of the demographics of the adviser industry – from large global asset managers to smaller RIAs.

Meet the Board

Meet Our Staff

The IAA team brings deep financial industry experience, professionalism, and lots of enthusiasm to providing our members with the very best in benefits and service.

Meet the Staff

Join the IAA

The IAA is the only organization exclusively dedicated to advancing your interests and meeting your needs as a fiduciary investment adviser. When you become an IAA member, you will:

  • Immediately access relevant, actionable information and insights.
  • Tap into a powerful network of more than 600 members representing $35+ trillion in assets.
  • Be part of shaping legislation and regulations that impact our industry.

IAA associate membership is open to custodians, fintech, law firms, consultants, and others aligned with the interests of investment advisers.

Membership Information Associate Member Information

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