What PIMFA does

PIMFA (the Personal Investment Management & Financial Advice Association) is the UK's leading trade association for the personal wealth services sector, formed in 2016 through the merger of the Wealth Management Association (WMA) and the Association of Professional Financial Advisers (APFA). It represents more than 200 member firms — including wealth managers, financial advisers, planners, stockbrokers, and professional service providers — that collectively oversee £1.65 trillion in private savings and investments. The organization is registered in England and Wales (company number 2991400), headquartered at 69 Carter Lane, London, and is led by CEO Liz Field and Chairman Lord Deben.

PIMFA's core offerings sit in three layers. First, advocacy and policy: direct engagement with the FCA, HM Treasury, the Bank of England, HMRC, the Treasury Select Committee, and over 30 other bodies, including running Secretariats for the UK Platform Group, Advisers' Sustainability Group, and DFM Connect. Second, proprietary content and benchmarks: the Morningstar PIMFA Private Investor Index Series and Equity Risk Index Series (five composite benchmarks across equities, fixed income, real estate, cash, and alternatives, with 10 years of history), now provided by Morningstar under a March 2026 sole-provider agreement; a content library of consultation responses, guides, the PIMFA Journal, and podcasts. Third, training, events, and ecosystem products: signature conferences (Compliance Conference, AI Summit, Women's Symposium, Annual Dinner), cohort learning programmes (Customer Vulnerability, Financial Crime Compliance, CASS Academy, AI for Wealth Management), the PIMFA WealthTech FinTech marketplace with Tech Sprints, the PIMFA Plus curated partner programme (SimpleTax, Gretel, ID-Pal, Insignis, Mitigo, Onyx, Tikker), and the TIDE talent/diversity initiative.

PIMFA generates revenue through annual corporate membership subscriptions (rates undisclosed, tied to firm size and category, with a 1 June–31 May membership year), paid events and training programmes (£275–£630 conference tickets, £2,000–£2,500 cohort training fees), and the PIMFA Plus partner programme. GTM is sales-led and relationship-driven: direct engagement with member firms, industry events, and a self-service website portal (My PIMFA) handling event registration, CPD certificates, and the Find a Firm directory accessed by 80,000+ users annually. Geography is single-country (United Kingdom).

Name

PIMFA

Legal name

The Personal Investment Management and Financial Advice Association

Website

https://pimfa.co.uk

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

PIMFA is the UK's leading trade association for wealth management and financial advice firms, representing 200+ members overseeing £1.65 trillion in private savings through advocacy, benchmark indices, training, and a FinTech marketplace.

Ownership category

akta.pro rank

Product category

Trade Association / Wealth Management Industry Body

NAICS

Other Management Consulting Services (541618)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Investor Education, Research & Portfolio Analytics Services (Retail) (FSAAAAAO)

akta.pro secondary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Wealth management association
• Financial advisory services
• Trade association membership
• Regulatory advocacy services
• Professional development training

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Corporate Membership Subscriptions: PIMFA generates revenue primarily through annual corporate membership subscriptions from full members (wealth managers, financial advisers, planners) and associate members (professional service providers). The membership year runs from 1 June to 31 May. Subscription rates are determined by the Chief Executive and are based on firm size and category of membership. Supplemental subscriptions may be required if revenues are insufficient to meet expenses.
2. Events and Learning Programmes: Revenue is generated from paid events including conferences, awards ceremonies, symposiums, roundtables, and networking dinners, as well as learning programmes and training courses such as the Customer Vulnerability Learning Programme (£2,000–£2,500) and AI for Wealth Management training.
3. PIMFA Plus Partner Programme: PIMFA collaborates with specialized product and service providers to offer member firms a suite of membership enhancements at bespoke rates. Partners include SimpleTax, Gretel, ID-Pal, Insignis Cash Solutions, Mitigo, Onyx Insurance Brokers, and Tikker.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels10 records

Core offering

PIMFA (Personal Investment Management & Financial Advice Association) is a UK trade association serving wealth management firms, financial advisers, financial planners, and professional service providers. Its core offering centers on corporate membership subscriptions combined with industry-wide support including regulatory advocacy, benchmark indices (Morningstar PIMFA Index Series), a FinTech marketplace (PIMFA WealthTech), curated partner services (PIMFA Plus), and a programme of paid training courses and industry events.

Product overview

PIMFA (Personal Investment Management & Financial Advice Association) is the UK's leading trade association for wealth management, investment services, and financial advice firms, representing providers of wealth management services, financial planning and advice. PIMFA offers a portfolio of products and services including benchmark indices (Morningstar PIMFA Private Investor Index Series and Morningstar PIMFA Equity Risk Index Series), a FinTech platform (PIMFA WealthTech), membership enhancement programs (PIMFA Plus), and professional development through events, conferences, training programmes (AI for Wealth Management, Customer Vulnerability Learning Programme, Financial Crime Compliance Programme, CASS Academy), publications (PIMFA Journal), podcasts, and forums (Leading Lights Forum). The association also organizes signature events including the Compliance Conference, AI Summit, Women's Symposium, and Annual Dinner. PIMFA serves both full member firms (wealth managers, financial advisers, planners) and associate member firms (professional service providers) at corporate membership level.

Differentiator

Problem solved

Functional benefit

Brands

• PIMFA Plus: A suite of valuable services and curated products at bespoke rates from specialized partners that work with PIMFA, offered to full and associate member firms.
• PIMFA WealthTech
• TIDE

Products and services

• PIMFA Corporate Membership
• PIMFA Plus
• Morningstar PIMFA Private Investor Index Series
• Morningstar PIMFA Equity Risk Index Series
• PIMFA WealthTech
• PIMFA Compliance Conference 2026
• PIMFA AI Summit 2026
• PIMFA Women's Symposium 2027
• PIMFA Annual Dinner 2026
• PIMFA Customer Vulnerability Learning Programme 2026
• PIMFA Financial Crime Compliance Programme
• AI for Wealth Management Training
• PIMFA CASS Academy

Quantifiable outcome

• UK wealth management industry overseen by PIMFA members manages £1.65 trillion in private savings and investments
• +2 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Morningstar, Inc.coreTechnology or Integration · 2 March 2026Morningstar became the authorized sole index provider for PIMFA's Private Investor Index Series and Equity Risk Index Series effective March 2, 2026. The indices were rebranded as the Morningstar PIMFA Investor Index Series and Morningstar PIMFA Equity Risk Index Series. Morningstar manages and maintains the indices comprising five composite benchmarks spanning equities, fixed income, real estate, cash, and alternatives, with 10 years of historical data provided from the outset. First introduced in 1997, the indexes are widely used across the UK wealth management industry for portfolio performance benchmarking and asset allocation reviews.
• Chartered Insurance Institute (CII)coreStrategic or Co-development PartnerPIMFA partnered with CII, CISI, and Clyde & Co. LLP to produce new guidance helping financial services firms deal with non-financial misconduct (NFM) such as bullying, harassment, and discrimination in the workplace.
• Chartered Institute for Securities & Investment (CISI)coreStrategic or Co-development PartnerPIMFA partnered with CII, CISI, and Clyde & Co. LLP to produce guidance on preventing and addressing non-financial misconduct in financial services firms.
• Clyde & Co. LLPcoreStrategic or Co-development PartnerLaw firm Clyde & Co. LLP partnered with PIMFA, CII, and CISI to develop guidance on non-financial misconduct for the financial services industry.
• SEIminorStrategic or Co-development PartnerPIMFA partnered with technology specialists SEI, law firm Farrer & Co., and advisory firm Square 4 to deliver a series of M&A-focused dinners, invite-only events, live webinars, and podcasts over 12 months to help firms understand M&A trends in wealth management.
• Farrer & Co.minorStrategic or Co-development PartnerLaw firm Farrer & Co. partnered with PIMFA, SEI, and Square 4 to provide M&A support through events, webinars, and podcasts addressing trends, challenges, and factors shaping the M&A space in Wealth Management.
• Square 4minorStrategic or Co-development PartnerAdvisory firm Square 4 partnered with PIMFA, SEI, and Farrer & Co. to deliver M&A-focused content and events for the wealth management sector.
• Avyse PartnersminorStrategic or Co-development PartnerAvyse Partners serves as a programme partner for PIMFA's Financial Crime Compliance Learning Programme, which prepares MLRO/DMLOs and Heads of Compliance to respond to FCA requirements.
• Shoosmiths LLPminorStrategic or Co-development PartnerShoosmiths LLP serves as a programme partner for PIMFA's Financial Crime Compliance Learning Programme.
• Publicis SapientminorStrategic or Co-development PartnerPublicis Sapient partnered with PIMFA to host the PIMFA AI Summit 2026: Proving, Scaling and Governing AI in Wealth Management, and contributes guest content on AI operating models for the wealth management sector.
• PIMFA Plus PartnersminorChannel Partner/ Reseller/ DistributorPIMFA Plus partners include SimpleTax (self-assessment tax returns), Gretel (lost account/pension recovery), ID-Pal (identity verification and AML), Insignis Cash Solutions (active cash deposit management), Mitigo (cyber security), Onyx Insurance Brokers (professional indemnity and insurance), and Tikker (digital integration for wealth management). PIMFA Plus is an invitation-only programme offering curated products and services at bespoke rates to member firms.
• UK Platform Group (UKPG)minorStrategic or Co-development PartnerUKPG is an independent group of retail platforms working together to drive positive change, run by platform firms for platform firms. PIMFA provides the Secretariat and support for this initiative.
• Advisers' Sustainability GroupminorStrategic or Co-development PartnerAn industry-led working group focusing on enhancing sustainable finance capabilities within the financial advice sector. PIMFA provides the Secretariat to the FCA's industry-led working group.
• DFM ConnectminorStrategic or Co-development PartnerDFM Connect is a group of authorised firms providing discretionary investment management services to financial advisers and their clients, supported by PIMFA.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• The Investment Association (IA): The UK trade body representing investment managers (primarily asset managers). Overlaps with PIMFA on regulatory advocacy and events for UK investment firms, but IA focuses on the upstream asset management industry while PIMFA specialises in the personal wealth/advice channel.
• UK Finance: The principal trade association for the UK banking and financial services sector. Comparable to PIMFA in operating as a member-funded industry body providing advocacy, events, and policy work, but with a broader banking/retail-finance remit rather than a wealth-advice focus.
• Association of British Insurers (ABI): The leading UK insurance trade association, representing insurers and long-term savings providers. Operates a similar member-funded advocacy, policy, and events model to PIMFA but in the adjacent life/pensions and general insurance verticals rather than wealth advice.

Direct peers

• Association of Investment Companies (AIC): The UK trade association for the investment trust sector. Closely comparable in structure and operating model to PIMFA — a UK trade body funded by member subscriptions that represents investment product issuers, advocates to regulators, and runs events and member services.
• Chartered Institute for Securities & Investment (CISI): The professional body for those in the securities and investment profession. Comparable to PIMFA as a UK membership organisation serving investment professionals with training, certifications, and advocacy; CISI overlaps on co-developed NFM guidance and CPD programmes.
• Chartered Insurance Institute (CII): The leading UK professional body for the insurance and financial planning profession. Comparable member-funded model with training, qualifications, and policy advocacy; partnered with PIMFA on the Non-Financial Misconduct guide and shares overlapping membership among UK advisers.
• Alternative Investment Management Association (AIMA): The global hedge fund and alternative investment trade association. Comparable operating model (member-funded, advocacy-driven, events and education-led) but with a hedge fund and alternatives focus and a global footprint, contrasting with PIMFA's UK wealth advice specialism.
• Personal Finance Society (PFS): The UK professional body for financial planners and advisers, part of the CII group. Directly comparable to PIMFA as a member organisation providing qualifications, CPD, and advocacy for UK financial advisers — the same end-customers PIMFA represents at firm level.
• STEP (Society of Trust and Estate Practitioners): Global professional association for practitioners dealing with trusts, estates, and inheritance planning. Comparable membership and education model to PIMFA, serving an overlapping high-net-worth advisory community with a more international and specialist focus.

Regional players

• EFAMA (European Fund and Asset Management Association): The European trade body for the investment management industry. Operates a similar advocacy and policy model to PIMFA, but at the European level covering UCITS/AIFMD, serving as a regional analogue to PIMFA's UK-focused remit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PIMFA_UK
• LinkedInlinkedin.com/company/pimfa
• Instagraminstagram.com/pimfa_uk
• Facebookfacebook.com/The-Personal-Investment-Management-and-Financial-Advice-Association-PIMFA-103829771287055

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 PIMFA