ACA Group and the Investment Adviser Association Announce Strategic Partnership
ACA Group (ACA), a leading provider of governance, risk, and compliance (GRC) advisory services and technology solutions, today announced that it has entered into a strategic partnership with the Investment Adviser Association (IAA), a leading organization dedicated to advancing the interests of investment advisers.
The move is designed to reinforce ACA’s unwavering commitment to providing the investment adviser community a superior customer experience through access to specialized expertise, a deep understanding of the regulatory landscape, and the holistic use of technology to maximize efficiencies and value to clients.
Close collaboration between the IAA, a powerful voice of advocacy for investment advisers of all shapes and sizes, combined with ACA’s deep expertise in the ongoing day-to-day needs and compliance concerns that 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% of the top 50 money managers, 85% of the top 100 hedge funds, 84% of the top 100 private equity funds, 80% of the top 50 private real estate funds, and 80% 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 ACA/IAA 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 on hot topics, testing, and key challenges for the purpose of reporting on industry trends. Get the results from our most recent survey here.
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.”
“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.”
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
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 www.investmentadviser.org or follow us on LinkedIn, Twitter and YouTube.