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National Association of Active Investment Managers

NAAIM is a non-profit association of registered investment advisors formed in 1989 that promotes active money management as an alternative to passive, buy-and-hold strategies.

Last updated September 16, 2026

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Overview

The National Association of Active Investment Managers (NAAIM) was formed in 1989 as a non-profit association of registered investment advisors who provide active money management services to their clients, in order to produce favorable risk-adjusted returns as an alternative to more passive, buy and hold strategies. Originally called SAAFTI and comprised of a small group of firms, NAAIM has grown to include roughly 125 member firms nationwide, collectively managing over $22 Billion annually. Its membership ranges from small regional firms to large national firms with over $1b AUM, including hedge fund managers, mutual fund companies and a variety of other firms that provide professional services to RIAs. NAAIM engages in numerous activities to promote active management and further the professional development of its members, including acquiring, preserving and disseminating valuable information, providing opportunities for members to exchange information, keeping members informed of legislative and administrative changes, and developing high standards of personal and professional conduct among members.

History

The National Association of Active Investment Managers (NAAIM) was formed in 1989 as a non-profit association of registered investment advisors who provide active money management services to their clients, in order to produce favorable risk-adjusted returns as an alternative to more passive, buy and hold strategies. Originally called SAAFTI and comprised of a small group of successful, passionate firms, NAAIM has grown to include roughly 125 member firms nationwide, collectively managing over $22 Billion annually. NAAIM's purpose is to promote the common interests of those investment advisors who provide active investment management services to clients. Its membership ranges from small regional firms to large national firms with over $1b AUM, including hedge fund managers, mutual fund companies and a variety of other firms that provide professional services to RIAs.

Products and positioning

A non-profit association promoting active investment management and the professional development of registered investment advisors.

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