The Investment Adviser Association is a not-for-profit organization that exclusively represents the interests of fiduciary investment adviser firms. The IAA membership manages in excess of $25 trillion in assets for a wide variety of institutional and individual clients, including pension plans, trusts, investment companies, private funds, endowments, foundations, and corporations. The IAA serves as the advocate for fiduciary investment advisory firms with respect to every major issue that arises before the U.S. Congress, the SEC, the CFTC, the Department of Labor, state securities regulators, and other policy makers. We provide significant benefits to our members, including up-to-date regulatory, compliance, business practices, and educational services.