Investment Adviser Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136130873 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Investment Adviser Association?

The Investment Adviser Association (IAA) is a nonprofit organization situated in Washington, D.C., specifically at 818 Connecticut Avenue NW 600. Its primary mission is to advocate for the investment advisory profession. To achieve this, the IAA collaborates closely with legislators, educating them about industry-relevant issues and concerns. They actively engage with members of Congress and their staff to influence regulations proposed by various federal and state agencies, including the SEC and Department of Labor. The IAA's goal is to uphold high standards of integrity, public responsibility, and competence within the investment advisory industry. They do this by offering benefits, services, and resources that add value to their member firms. With a total workforce of 24 individuals, the IAA is committed to representing the interests of investment advisers on Capitol Hill.


Official website here: www.investmentadviser.org

Is Investment Adviser Association legitimate?

Investment Adviser Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Investment Adviser Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,077,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,331,247

For more financial information, click here


Official website here: www.investmentadviser.org

What is the mission statement of Investment Adviser Association?

The Investment Adviser Association serves as a leading organization for the investment advisory profession. Its mission is multifaceted, aiming to promote ethical standards, integrity, public responsibility, and competence within the industry. The association also represents the investment advisory profession effectively in the formulation and enactment of relevant legislation, regulations, and policies. Additionally, it provides valuable benefits, services, and resources to its member firms, thereby enhancing their operations and adding value to their businesses.


Official website here: www.investmentadviser.org

Who is the CEO of Investment Adviser Association?

Karen L Barr is the CEO of Investment Adviser Association The CEO's salary of Investment Adviser Association is $496,546 and their total compensation is $583,230.


Official website here: www.investmentadviser.org

What is the revenue of Investment Adviser Association?

Investment Adviser Association's revenue in 2023 was $6,862,509.


Official website here: www.investmentadviser.org

Who are the executives of Investment Adviser Association and what are their salaries?

The average compensation at Investment Adviser Association during 2023 was $157,461. There are 28 employees and 500 volunteers at Investment Adviser Association.

Here are 30 key members and their salaries (Investment Adviser Association's CEO's salary is $496,546 and their total compensation is $583,230):


Alison Baur (Chair, Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette Garcia (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Giardina (Treasurer,Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Alexander (Vice Chair, Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebekah Kohmescher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Kelly Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Drynan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Tuz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Conner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlotta King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Febeo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Roberts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rana Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Quigley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Wilkes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mairs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Halberstadt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Morgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bret Hester (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Alden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwen Reinke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Schweon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonia Kowal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen L Barr (President & Ceo)
  • Compensation: $496,546
  • Related: $0
  • Other: $86,684
Gail C Bernstein (Secretary & General Counsel)
  • Compensation: $429,080
  • Related: $0
  • Other: $65,361
Neil Simon (Vp, Government Relations)
  • Compensation: $279,580
  • Related: $0
  • Other: $33,627
Monique Botkin (Associate General Counsel)
  • Compensation: $275,080
  • Related: $0
  • Other: $43,100
Laura Grossman (Associate General Counsel)
  • Compensation: $272,080
  • Related: $0
  • Other: $60,944
Sanjay Lamba (Associate General Counsel)
  • Compensation: $267,580
  • Related: $0
  • Other: $28,947
William Nelson (Associate General Counsel)
  • Compensation: $256,080
  • Related: $0
  • Other: $35,827


Official website here: www.investmentadviser.org

Where can I find the form 990 for Investment Adviser Association?

Investment Adviser Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.investmentadviser.org

Learn more at the official website: www.investmentadviser.org

Mission Statement of Investment Adviser Association

The Investment Adviser Association, a prominent industry organization, is dedicated to upholding the interests of investment advisory professionals. Its primary mission is threefold: firstly, it strives to promote ethical conduct and professionalism within the investment advisory field, emphasizing the importance of fiduciary duty, integrity, public responsibility, and competence. Secondly, the association serves as an effective and influential voice for its members, advocating for their interests in the development, formulation, and implementation of relevant legislation, regulations, and policies relating to investment advisers. Lastly, the Investment Adviser Association aims to enhance the value of its member firms by offering a variety of beneficial services and resources, including education, networking opportunities, and regulatory guidance.

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Impact




October, 2024

The Investment Adviser Association (IAA) significantly influences the investment advisory profession by advocating for high standards of fiduciary duty, integrity, public responsibility, and competence. It actively engages with policymakers to shape legislation and regulations that affect investment advisers, ensuring that their interests are represented on Capitol Hill. Through education and collaboration with Congress and various regulatory bodies, the IAA provides crucial insights into the concerns and challenges faced by its members.

Moreover, the IAA regularly comments on proposed rule changes from the SEC, Department of Labor, and other regulatory agencies. This involvement not only safeguards the interests of investment advisers but also promotes best practices and ethical standards within the industry. By offering resources, benefits, and services tailored to member firms, the IAA enhances their capabilities and fosters a strong community, ultimately contributing to the overall improvement of the investment advisory landscape.




This information is meant to be a general summary of Investment Adviser Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,862,509 (2023)
Expenses
$7,114,955 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $202,032
  • Program Service Revenue: $6,627,092
  • Gross Receipts: $6,941,338

Assets and Liabilities:

  • Total Assets: $8,563,658
  • Total Liabilities: $5,316,396
  • Net Assets: $3,247,262

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Membership dues

Revenue

$5,422,639

Conferences

Revenue

$1,120,703

Sponsorship income

Revenue

$83,750

Organization Details

Founding Year

1937

Principal Officer

Karen L Barr

NTEE Category

Code: S41 - Community improvement

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