Investment Adviser Association, ACA Group Announce Strategic Partnership
September 9, 2021
IAA Vice President, Communications & Marketing Herb Perone.
Washington, DC (September 9, 2021) – The Investment Adviser Association announced today that it has entered into a strategic partnership with ACA Group (ACA), a leading provider of governance, risk, and compliance (GRC) advisory services and technical solutions.
Close collaboration between the IAA, a powerful voice of advocacy for investment advisers of all shapes and sizes, and ACA, with its deep expertise in the ongoing day-to-day needs and compliance concerns that investment advisers face daily, will serve to amplify the voices of the community.
The IAA’s member firms manage more than $25 trillion in assets for a wide variety of individual and institutional clients, including pension plans, trusts, mutual funds, private funds, endowments, foundations, and corporations. ACA’s 3,500+ client base consists of 88 percent of the top 50 money managers, 85 percent of the top 100 hedge funds, 84 percent of the top 100 private equity funds, 80 percent of the top 50 private real estate funds, and 80 percent of the top 100 mutual funds. The broad range of their combined communities will allow for both IAA members and the ACA client base to tap into peer benchmarking, data analytics, and industry insights in a unique way.
The success of the Investment Management Compliance Testing Survey, now in its 16th year, is an example of the value of collaboration between these two groups. Each year, the survey takes the pulse of U.S. investment advisers of all types and sizes on hot topics, testing, and key challenges for the purpose of reporting on industry trends. Full results of our 2021 survey are available online.
“The IAA is pleased to amplify our longstanding collaboration with ACA Group,” said IAA President & CEO Karen Barr. “This strategic partnership will strengthen both organizations’ reach and the value of services and content we provide to the fiduciary investment adviser community.”
Carlo di Florio, Chief Services Officer, ACA Group said: “As a strategic partner, we are excited to collaborate further with the IAA on delivering thought leadership and guidance on how to address topical challenges for the benefit of our shared member/client community. The depth and breadth of our client base combined with our highly experienced and knowledgeable consulting team means ACA is well positioned to contribute to the valuable body of work that the IAA consistently delivers for its members.”
About the Investment Adviser Association
The Investment Adviser Association (IAA) is the leading trade association representing the interests of fiduciary investment advisers. The IAA’s member firms collectively manage more than $25 trillion in assets for a wide variety of institutional and individual investors. In addition to serving as the voice of the advisory profession on Capitol Hill and before the SEC, DOL, CFTC and other U.S. and international regulators, the IAA provides extensive practical and educational resources to its membership. For more information, visit investmentadviser.org or follow us on LinkedIn, Twitter and YouTube.
ACA Group (ACA) is the leading governance, risk, and compliance (GRC) advisor in financial services. We empower our clients to reimagine GRC and protect and grow their business. Our innovative approach integrates consulting, managed services, and our ComplianceAlpha® technology platform with the specialized expertise of former regulators and practitioners and our deep understanding of the global regulatory landscape. Our global team of regulatory compliance professionals includes former SEC, FINRA, FCA, CFTC, NFA, and state regulators, as well as former senior managers from prominent financial institutions and advisory firms. We work with compliance and legal professionals to review and develop compliance programs based on best practices, current regulatory requirements, and robust oversight processes. www.acaglobal.com