Investment Counsel Association of America


Investment Counsel Association of America

Now known as the Investment Adviser Association; a non-profit professional association of investment advisers. Founded in 1937, the IAA has over 500 institutional members representing a variety of individuals and organizations. The IAA provides professional information to members in the form of events, publications, and newsletters. It is also a lobbying organization representing the investment advising profession to the U.S. government. Significantly, it was instrumental in the passage of Investment Advisers Act of 1940. See also: Investing.

Investment Counsel Association of America (ICAA)

A nonprofit organization founded in 1937 to represent the interests of federally registered investment adviser firms. ICAA establishes standards of practice for its members and serves as an advocate in dealings with Congress, the SEC, and state securities commissions.