SIFMA
SIFMA is a U.S. trade association representing 500+ broker-dealers, investment banks, and asset managers covering 90% of US broker-dealer market share and $75T+ in global AUM. Founded in 1917, it provides advocacy, research, events, and industry initiatives in capital markets policy.
- Company typePrivate
- Founded1917
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What SIFMA does
SIFMA (Securities Industry and Financial Markets Association) is a 501(c)(6) non-profit trade association headquartered at 140 Broadway, New York, with a secondary office in Washington, D.C. Founded in 1917, it represents more than 500 member organizations — broker-dealers, investment banks, and asset managers — that collectively account for approximately 90% of U.S. broker-dealer market share, $75 trillion+ in global assets under management, and roughly one million industry employees. SIFMA operates as the unified industry voice on legislative, regulatory, and business policy matters affecting U.S. and global capital markets, and serves as the U.S. regional member of the Global Financial Markets Association (GFMA), coordinating with AFMA in Europe and ASIFMA in Asia.
SIFMA's core products and services span advocacy, research, events, and industry infrastructure. Advocacy is delivered through formal comment letters and engagement with the SEC, CFTC, and Congress on issues including the Consolidated Audit Trail (CAT) funding model, Basel III Endgame, equity market structure, digital assets, and tokenization. Research output includes the Capital Markets Outlook white paper, market data on municipal bonds, mortgage-backed securities, and fixed income, plus thematic briefs such as the Digital Assets Research Brief and the US Capital Markets Sanctions paper. Annual events — the Compliance & Legal Seminar, Operations Conference & Exhibition, Market Structure Conference, and regional seminars — serve as primary member engagement channels. SIFMA also runs the SIFMA Foundation, which delivers youth financial education through The Stock Market Game and Project: Invested, and produced a Holiday Schedule advisory for U.S., U.K., and Japan financial markets. The Regulated Settlement Network (RSN) proof-of-concept, published in December 2024 with Citi, J.P. Morgan, Mastercard, SWIFT, DTCC, Broadridge, and other institutions using Digital Asset's shared ledger technology, represents an emerging operational initiative in tokenized and multi-asset settlement.
SIFMA's revenue model is member-dues driven, supplemented by event and conference fees, with pricing structured as annual subscriptions scaled by member organization type and size. The go-to-market motion is sales-led (direct membership engagement through the New York and Washington offices) and event-driven (conferences and seminars as member touchpoints). Distribution leverages a website (sifma.org), the weekly SIFMA Podcast on Apple, Spotify, and YouTube, email newsletters, press releases, and direct policy engagement. Leadership is anchored by President & CEO Kenneth E. Bentsen, Jr., with a managing-director bench covering digital assets, equity & options market structure, and legal counsel.
SIFMA firmographics
Firmographics- Name
- SIFMA
- Legal name
- Securities Industry and Financial Markets Association
- Website
- https://sifma.org
- Company type
- Private
- Founded year
- 1917
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- SIFMA is a U.S. trade association representing 500+ broker-dealers, investment banks, and asset managers covering 90% of US broker-dealer market share and $75T+ in global AUM. Founded in 1917, it provides advocacy, research, events, and industry initiatives in capital markets policy.
- Ownership category
- akta.pro rank
SIFMA industry classification
Industry- Product category
- Industry Trade Association
- NAICS
- Finance and Insurance (52), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
- akta.pro secondary industries
- Transaction Reporting & Trade Surveillance Controls (MiFID/MiFIR, CAT, EMIR, SFTR) (FSAFAKAD), Financial Crime, AML/CFT & Sanctions Compliance (BPAHAFAE)
Keywords
Where SIFMA is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
SIFMA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Membership Dues: SIFMA generates revenue primarily through membership dues from broker-dealers, investment banks, and asset managers. Membership provides access to advocacy representation, research publications, industry events, and professional development programs.
- Events and Conferences: Revenue from hosting industry conferences, seminars, and educational events including the Compliance and Legal Annual Seminar, Operations Conference, and Market Structure Conference.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Membership pricing varies by organization type |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
SIFMA product offering
Product offeringCore offering
SIFMA (Securities Industry and Financial Markets Association) is a U.S. trade association that represents broker-dealers, investment banks, and asset managers. It delivers industry advocacy before regulators such as the SEC and CFTC, publishes capital markets research and white papers, organizes industry conferences and seminars, and coordinates market infrastructure initiatives such as the Regulated Settlement Network proof-of-concept. Member firms receive access to these advocacy, research, event, and policy coordination services through annual membership dues.
Product overview
SIFMA (Securities Industry and Financial Markets Association) is a trade association for broker-dealers, investment banks, and asset managers, not a commercial product company. It operates a platform of member services including research publications (SIFMA Research, Capital Markets Outlook white papers), advocacy (regulatory comment letters to SEC/CFTC), market infrastructure initiatives (Regulated Settlement Network), educational programs (SIFMA Foundation, The Stock Market Game), industry events (Compliance and Legal Seminar, Market Structure Conference, Operations Conference), content programming (SIFMA Podcast), and operational guidance (Holiday Schedule Recommendations). These services support the association's mission of advocating for effective and resilient capital markets on behalf of over 500 member organizations representing $75T+ in global assets under management.
Differentiator
Problem solved
Functional benefit
Brands
- SIFMA Foundation: SIFMA's charitable arm focused on youth financial literacy and investor education programs including The Stock Market Game and Project: Invested
- SIFMA AMG (Asset Management Group)
Products and services
- SIFMA Membership
- SIFMA Compliance and Legal Seminar
- SIFMA Market Structure Conference
- SIFMA Operations Conference & Exhibition
- Capital Markets Outlook
- SIFMA Holiday Schedule Recommendations
- SIFMA Foundation Financial Literacy Programs
Quantifiable outcome
- 90% of US broker-dealer market share represented by member organizations
- +2 more outcomes
Companies that use SIFMA
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
SIFMA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SIFMA partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and strategic.
- Charles SchwabcoreCharles Schwab and SIFMA Foundation partnership for National Investing Day (May 1, 2026), with Charles Schwab Foundation committing $20 million over three years to support youth financial education through SIFMA Foundation programs and Boys & Girls Clubs of America.
- SIFMA FoundationcoreSIFMA Foundation is the charitable arm of SIFMA focused on investor education, operating programs including The Stock Market Game, Project: Invested, and youth financial education initiatives.
- Global Financial Markets Association (GFMA)coreSIFMA is the U.S. regional member of the Global Financial Markets Association (GFMA), which coordinates policy positions across global financial markets associations including ASIFMA (Asia), AFME (Europe), and SIFMA (Americas).
- Regulated Settlement Network (RSN) ParticipantsstrategicIndustry consortium including Citi, J.P. Morgan, Mastercard, SWIFT, TD Bank, U.S. Bank, USDF, Wells Fargo, Visa, and Zions Bancorp working with SIFMA on the Regulated Settlement Network proof-of-concept for multi-asset and cross-network settlement using shared ledger technology.
- Digital Asset (technology provider)strategicDigital Asset provided core technology for the Regulated Settlement Network proof-of-concept, hosting the shared ledger infrastructure for multi-asset settlement testing.
- DTCCstrategicThe Depository Trust & Clearing Corporation participated as a project contributor in the RSN proof-of-concept, exploring applicability of connecting DTCC platforms to the shared ledger settlement network.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
SIFMA competitors and assessment
Company assessmentBroad incumbents
- Global Financial Markets Association (GFMA): Global coordinating body of which SIFMA is the U.S. regional member alongside AFME and ASIFMA. Directly comparable as a financial markets trade association advocating on cross-border regulatory and market structure issues.
- Financial Services Roundtable / Bank Policy Institute (BPI): U.S. policy advocacy organization for major banks and financial services firms, with overlapping member base to SIFMA. Comparable advocacy and research function on regulatory and legislative issues.
Direct peers
- Association for Financial Markets in Europe (AFME): European regional member of GFMA representing broker-dealers, investment banks, and asset managers in the EU/UK. Closest peer to SIFMA by mandate, member base, and advocacy focus.
- Asia Securities Industry & Financial Markets Association (ASIFMA): Asia-Pacific regional member of GFMA with comparable mandate to SIFMA, serving broker-dealers, banks, and asset managers on regional capital markets advocacy.
- Investment Company Institute (ICI): U.S. trade association for regulated investment companies (mutual funds, ETFs, closed-end funds). Comparable as a member-funded financial services trade body conducting advocacy, research, and member services.
- Managed Funds Association (MFA): U.S. trade association for the hedge fund and alternative investment industry. Peer in structure (501(c)(6), dues-funded advocacy) and competes for attention of SIFMA's asset management members.
- Futures Industry Association (FIA): Global derivatives trade association representing futures, options, and cleared swaps market participants. Comparable advocacy, research, and conference-driven model to SIFMA's.
- International Swaps and Derivatives Association (ISDA): Global trade association for derivatives market participants, focused on standard documentation and policy advocacy. Peer in mission, membership model, and active engagement on digital assets/SIMM.
- Institute of International Finance (IIF): Global association of financial institutions covering banking, insurance, and investment management. Comparable as a dues-funded industry body producing research, advocacy, and convening senior leadership.
Others
- DTCC (Depository Trust & Clearing Corporation): Market infrastructure utility that is both a project contributor to SIFMA's RSN initiative and a participant in U.S. capital markets. Connected via partnership rather than direct competition, representing the post-trade layer SIFMA members rely on.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SIFMA social profiles
Digital presenceSIFMA financial estimates
Financial estimateRevenue estimate
Valuation estimate
SIFMA leadership team
Management profileNumber of profiles
Profiles10 records
SIFMA subsidiaries and ownership
Company hierarchySubsidiaries2 records
SIFMA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SIFMA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SIFMA
What does SIFMA do?
SIFMA (Securities Industry and Financial Markets Association) is a U.S. trade association that represents broker-dealers, investment banks, and asset managers. It delivers industry advocacy before regulators such as the SEC and CFTC, publishes capital markets research and white papers, organizes industry conferences and seminars, and coordinates market infrastructure initiatives such as the Regulated Settlement Network proof-of-concept. Member firms receive access to these advocacy, research, event, and policy coordination services through annual membership dues.
Is SIFMA a public or private company?
SIFMA is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was SIFMA founded?
SIFMA was founded in 1917. It employs 51 to 100 people.
Where is SIFMA based?
SIFMA is headquartered in New York, United States, in the North America region.
How does SIFMA make money?
Two revenue lines are on record. Membership Dues are the primary driver. The others are events and Conferences.
Who are SIFMA's main competitors?
Broad incumbents on record are Global Financial Markets Association (GFMA) and Financial Services Roundtable / Bank Policy Institute (BPI). Direct peers are Association for Financial Markets in Europe (AFME), Asia Securities Industry & Financial Markets Association (ASIFMA), Investment Company Institute (ICI), Managed Funds Association (MFA), Futures Industry Association (FIA), International Swaps and Derivatives Association (ISDA) and Institute of International Finance (IIF). DTCC (Depository Trust & Clearing Corporation) is listed as an others.
Does SIFMA have an API?
No public API is recorded for SIFMA.
What industry is SIFMA in?
SIFMA's product category is Industry Trade Association. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory), with a secondary code of FSAFAKAD, Transaction Reporting & Trade Surveillance Controls (MiFID/MiFIR, CAT, EMIR, SFTR). Its NAICS code is 52 and its SIC code is 8600.