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Securities Industry And Financial Markets Association

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

EIN: 320178959 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Securities Industry And Financial Markets Association?

The Securities Industry and Financial Markets Association (SIFMA) is a prominent trade organization based in the United States. Representing securities firms, banks, and asset management companies, SIFMA acts as a strong advocate for its industry's one million employees on legislative, regulatory, and business policy matters. Its mission focuses on promoting fair and orderly markets, ensuring informed regulatory compliance, and fostering efficient market operations and resilience. SIFMA serves as a unifying body within the industry, providing a forum for policy discussions and professional development.


Official website here: www.sifma.org

Is Securities Industry And Financial Markets Association legitimate?

Securities Industry And Financial Markets Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Securities Industry And Financial Markets 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: $7,845,685
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,899,335

For more financial information, click here


Official website here: www.sifma.org

What is the mission statement of Securities Industry And Financial Markets Association?

The Securities Industry and Financial Markets Association (SIFMA) serves as the primary trade organization for broker-dealers, investment banks, and asset managers in the U.S. and global capital markets. With a membership comprising over one million employees, SIFMA advocates for legislation, regulation, and business policies that impact retail and institutional investors, equity and fixed income markets, and related products and services. They promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resilience. Additionally, SIFMA acts as an industry coordinating body and offers a forum for policy and professional development within the financial sector.


Official website here: www.sifma.org

Who is the CEO of Securities Industry And Financial Markets Association?

Kenneth E Bentsen Jr is the President & Ceo of Securities Industry And Financial Markets Association. The CEO's salary of Securities Industry And Financial Markets Association is $2,593,558 and their total compensation is $2,665,807.


Official website here: www.sifma.org

What is the revenue of Securities Industry And Financial Markets Association?

Securities Industry And Financial Markets Association's revenue in 2022 was $54,768,620.


Official website here: www.sifma.org

Who are the executives of Securities Industry And Financial Markets Association and what are their salaries?

The average compensation at Securities Industry And Financial Markets Association during 2022 was $213,993. There are 139 employees and 17287 volunteers at Securities Industry And Financial Markets Association.


Here are 61 key members and their salaries (Securities Industry And Financial Markets Association's CEO's salary is $2,593,558 and their total compensation is $2,665,807):


Kenneth E Bentsen Jr (President & Ceo)
  • Compensation: $2,593,558
  • Related: $0
  • Other: $72,249
Joseph Seidel (Coo)
  • Compensation: $1,166,978
  • Related: $0
  • Other: $79,560
Ira D Hammerman - Evp (& General Counsel (Thru 12/2022))
  • Compensation: $992,138
  • Related: $0
  • Other: $71,169
David B Krasner (Cfo & Cao)
  • Compensation: $708,399
  • Related: $0
  • Other: $81,956
Timothy W Cameron (Managing Director (Thru 01/2022))
  • Compensation: $632,762
  • Related: $0
  • Other: $71,361
Jamie Wall - Executive (Vice President (Thru 09/2022))
  • Compensation: $653,006
  • Related: $0
  • Other: $36,292
Cheryl L Crispen (Executive Vice President)
  • Compensation: $600,130
  • Related: $0
  • Other: $63,269
Mark Schuermann (Managing Director (Thru 04/2022))
  • Compensation: $584,040
  • Related: $0
  • Other: $49,859
Robert Toomey (Managing Director)
  • Compensation: $542,166
  • Related: $0
  • Other: $83,105
Carter K Mcdowell (Managing Director)
  • Compensation: $505,676
  • Related: $0
  • Other: $65,478
Kevin Carroll (Managing Director)
  • Compensation: $493,637
  • Related: $0
  • Other: $36,313
Salvatore Chiarelli (Executive Vice President)
  • Compensation: $393,526
  • Related: $0
  • Other: $68,176
Jim Reynolds (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Cella (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Chepucavage (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wallin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dalia Blass (Director (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Libby Cantrill (Director (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Durbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Enyedi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Flaherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sol Gindi (Director (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hawley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeb Hensarling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Kidd Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Kane (Director (As Of 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kerr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kisber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Komaroff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Kruszewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lefkowitz (Director (As Of 07/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Mclaughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Merchant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Messinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Nadreau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Pluta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Popowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Preiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Quant (Director (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Ramirez Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fw Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rosen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Santaniello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Saperstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Schoneman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kabir Sethi (Director (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nomita Chopra Singh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Steffensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph E Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Taft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Vaccaro (Director (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kashif Zafar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saima Ahmed - Evp (& General Counsel (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Wilsussen - Executive (Vice President (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sifma.org

Where can I find the form 990 for Securities Industry And Financial Markets Association?

Securities Industry And Financial Markets Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sifma.org

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

Mission Statement of Securities Industry And Financial Markets Association

Securities Industry and Financial Markets Association (SIFMA) serves as the leading trade organization for broker-dealers, investment banks, and asset managers operating in the US and global capital markets. In essence, SIFMA represents the interests of over a million industry employees by advocating for legislation, regulation, and business policies that benefit retail and institutional investors, equity and fixed income markets, and related products and services.

SIFMA acts as a coordinating body within the industry, promoting fair and orderly markets through informed regulatory compliance, efficient market operations, and resilience. By advocating on behalf of its members, SIFMA ensures that regulatory frameworks are fair, balanced, and effective. The association's efforts extend beyond domestic policy, as it also engages with international regulatory bodies to shape the global financial landscape.

Moreover, SIFMA provides a platform for industry policy and professional development. By fostering open communication and collaboration amongst its members, the association helps to create a more informed and united industry. Through various forums, SIFMA enables professionals to connect, exchange ideas, and expand their knowledge base. This not only enhances individual expertise but also contributes to the overall growth and success of the capital markets sector.

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Impact



October, 2024

The Securities Industry and Financial Markets Association (SIFMA) significantly influences the financial landscape by serving as a leading trade association for broker-dealers, investment banks, and asset managers in the U.S. and global capital markets. With a commitment to advocating for the interests of approximately one million employees within the industry, SIFMA plays a crucial role in shaping legislation, regulation, and business policies that impact both retail and institutional investors.

SIFMA actively promotes fair and orderly markets, ensuring that industry participants can operate efficiently and transparently. By providing a platform for dialogue and collaboration among financial professionals, SIFMA helps to foster informed regulatory compliance and enhancing market resiliency, which is essential for maintaining investor confidence and protecting financial stability.

Moreover, SIFMA focuses on professional development, equipping industry members with the tools and knowledge necessary to navigate the complexities of financial markets. This collaborative approach not only aids in the effective functioning of equity and fixed income markets but also contributes to the overall improvement and innovation within the financial sector.



This information is meant to be a general summary of Securities Industry And Financial Markets 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
$54,768,620 (2022)
Expenses
$53,354,953 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $378,686
  • Program Service Revenue: $53,640,701
  • Gross Receipts: $54,768,620

Assets and Liabilities:

  • Total Assets: $45,548,628
  • Total Liabilities: $25,752,434
  • Net Assets: $19,796,194

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Programs

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

MEMBER DUES

Revenue

$40,472,762

CONFERENCES

Revenue

$13,061,490

PUBLICATION SALES

Revenue

$106,449

Organization Details

Founding Year

2006

Phone

(212) 313-1371

Principal Officer

Kenneth E Bentsen Jr

Main Address

140 BROADWAY 35TH FLOOR, NEW YORK, NY, 10005

Website

www.sifma.org

NTEE Category

Code: S40 - Community improvement

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