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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Securities Industry and Financial Markets Association

Securities Industry and Financial Markets Association

Fiscal year ending 2023. Filed on August 28, 2024.

140 Broadway 35th Floor
600
New York, New York 10005

Securities Industry and Financial Markets Association (EIN: 32-0178959) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Securities Industry and Financial Markets Association, a 501(c)(6) business league, reported compensation for 14 out of 153 total employees. Among the employees shown here, the average compensation is $798,549. The highest compensated employee at Securities Industry and Financial Markets Association is Kenneth E Bentsen Jr with fiscal year 2023 compensation of $2,770,711.

Revenue, expenses, and employee compensation

Revenue

$60,293,967

Expenses

$57,479,959

Employee compensation

$37,892,811
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kenneth E Bentsen Jr
President and Chief Executive Officer
$2,770,711
$2,689,114 No related comp$81,597
Joseph Seidel
Chief Operating Officer
$1,377,389
$1,285,542 No related comp$91,847
Ira D Hammerman -, Evp
and General Counsel (Thru 12/2022)
$1,124,940
$1,055,003 No related comp$69,937
David B Krasner
CFO and CAO
$825,134
$734,398 No related comp$90,736
Cheryl L Crispen
Executive Vice President
$712,008
$618,798 No related comp$93,210
Robert Toomey
Managing Director
$668,295
$576,040 No related comp$92,255
Lisa Bleier
Managing Director
$626,757
$538,278 No related comp$88,479
Thomas Price
Managing Director
$595,301
$505,815 No related comp$89,486
Carter K McDowell
Managing Director
$573,363
$515,841 No related comp$57,522
Kevin Carroll
Managing Director
$568,479
$530,377 No related comp$38,102
Salvatore Chiarelli
Executive Vice President
$510,918
$438,164 No related comp$72,754
Jamie Wall - Former
EXEC Vice President (Thru 09/2022)
$468,890
$429,390 No related comp$39,500

Benchmark Employee Compensation

Non-Employee Board Members

Andy Saperstein
Director
Brendan Reilly
Director
Charlotte McLaughlin
Director
Claire Santaniello
Director
Craig Messinger
Director
Dalia Blass
Director (Thru 04/2023)
David Lefkowitz
Director
Douglas Preiser
Director
Gary Hall
Director
Gary Kane
Director
James Wallin
Treasurer (Thru 03/2023)
Jamie Price
Director

Contractors

Morgan Lewis Bockius LLP
Legal
$630,568
Washington Coun Ernst & Young LLP
Consulting
$618,933
Targeted Victory LLC
Consulting
$213,000
Crossroads Strategies
Consulting
$210,000
Cravath Swaine & Moore LLP
Legal
$210,000

Mission Statement

SEE SCHEDULE OSIFMA IS THE LEADING TRADE ASSOCIATION FOR BROKER-DEALERS, INVESTMENT BANKS AND ASSET MANAGERS OPERATING IN THE U.S. AND GLOBAL CAPITAL MARKETS. ON BEHALF OF OUR INDUSTRY'S ONE MILLION EMPLOYEES, WE ADVOCATE ON LEGISLATION, REGULATION AND BUSINESS POLICY AFFECTING RETAIL AND INSTITUTIONAL INVESTORS, EQUITY AND FIXED INCOME MARKETS AND RELATED PRODUCTS AND SERVICES. WE SERVE AS AN INDUSTRY COORDINATING BODY TO PROMOTE FAIR AND ORDERLY MARKETS, INFORMED REGULATORY COMPLIANCE, AND EFFICIENT MARKET OPERATIONS AND RESILIENCY. WE ALSO PROVIDE A FORUM FOR INDUSTRY POLICY AND PROFESSIONAL DEVELOPMENT.

Revisions to this organization profile

August 26, 2025:
2024 Securities Industry and Financial Markets Association 990 filed
August 28, 2024:
2023 Securities Industry and Financial Markets Association 990 filed
August 31, 2023:
2022 Securities Industry and Financial Markets Association 990 filed

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