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The WMA is the representative body for the investment community. It was created out of the London Stock Exchange in 1990, to uphold the interests of stockbroking firms and investment managers which service retail investors. It has since expanded its reach to promote the interests of the wider investment community.
Wealth Management Association (The WMA) definition
The WMA is the representative body for the investment community. It was created out of the London Stock Exchange in 1990, to uphold the interests of stockbroking firms and investment managers which service retail investors. It has since expanded its reach to promote the interests of the wider investment community. The main objectives of the WMA include:
- Advocating for the financial sector before government bodies and regulatory authorities
- Uniting the industry as a collective voice, to influence policy and decision makers
- Researching industry trends and data to provide guidance to its members
- Offering guidance and support for its members on ethical and regulatory issues
- Promoting best practice in the financial industry