SIFMA

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.

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

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

• Capital markets advocacy
• Securities trade association
• Regulatory comment letters
• Broker-dealer policy
• Industry research publications

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. 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.
2. 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

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core 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

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and strategic.

• Charles SchwabcoreStrategic or Co-development Partner · 1 May 2026Charles 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 FoundationcoreStrategic or Co-development Partner · 14 April 2026SIFMA 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)coreStrategic or Co-development PartnerSIFMA 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) ParticipantsstrategicStrategic or Co-development PartnerIndustry 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)strategicTechnology or IntegrationDigital Asset provided core technology for the Regulated Settlement Network proof-of-concept, hosting the shared ledger infrastructure for multi-asset settlement testing.
• DTCCstrategicTechnology or IntegrationThe 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

Broad 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

• YouTubeyoutube.com/c/sifma
• Xx.com/sifma
• Facebookfacebook.com/sifmafoundation
• LinkedInlinkedin.com/company/sifma

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SIFMA