irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $0EDUCATION & PROFESSIONAL DEVELOPMENT: MMI HELPS OUR MEMBERS TO KNOW BY EXPANDING THEIR INDUSTRY KNOWLEDGE AND UNDERSTANDING OF KEY TRENDS. MMI IS COMMITTED TO A CULTURE OF CONTINUOUS LEARNING AND TO HELPING MEMBER FIRMS AND THEIR TEAMS BE "CAREER READY, AT EVERY STAGE."
- #2 $0ANALYSIS AND INSIGHT: MMI DEVELOPS, CURATES AND PRESENTS INSIGHTFUL ANALYSIS THOUGHT LEADERSHIP FROM TRUSTED INDUSTRY EXPERTS. MMI COORDINATES WITH AN INDUSTRY DATA PROVIDER ON DATA INSIGHTS IN THE INDUSTRY TO PRODUCE A QUARTERLY ADVISORY SOLUTIONS PORTAL AND HOST A DATA PORTAL TO VIEW DATA TRENDS. ADDITIONALLY, MMI PRODUCES PUBLICATIONS ON INDUSTRY RELEVANT TOPICS, PARTNERS WITH RESEARCH FIRMS, AND PUBLISHES A BI ANNUAL INVESTMENT ADVISORY SOLUTIONS JOURNAL CONTAINING RELEVANT PUBLICATIONS FROM MMI'S MEMBERS.
named programs · 4 · from sources
What they call their work
Executive IQ
Leadership development program for senior executives with 10–15+ years of experience, delivered in collaboration with the University of Virginia Darden School of Business, focusing on innovation, organizational transformation, and strategic leadership.
Leadership Pathway
Professional development initiative for emerging leaders in the investment advisory industry, designed to build career readiness and leadership capabilities across career stages.
MMI Communities
Peer-led forums organized by functional area (e.g., Alternative Investments, Technology & Digital Advice) that facilitate year-round collaboration, knowledge sharing, and problem-solving among industry professionals.
Regulatory Monitoring & Input
Advocacy initiative through which MMI coordinates member input on regulatory and policy matters, including drafting comment letters to influence public policy and compliance standards.
activities · 8 groups
What they do
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Professional Networking Events 2 activities
- Annual conference and peer networking eventsHosts the MMI Annual Conference and facilitates peer networks and forums to enable networking, exchange of best practices, and community-building among investment advisory professionals.
- Peer networks and stakeholder forums across investment sectorsConvenes specialized forums for cross-sector stakeholders including distribution and sales leaders, institutional marketplace leaders, marketing professionals, legal and compliance executives, and innovators in digital advisory. These forums support dialogue on trends, best practices, regulatory developments, and technology's role in improving investor outcomes.
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Professional Certification and Continuing Education 2 activities
- Continuing education and certification supportOffers continuing education credits for professional development events, curriculums, and webinars aligned with Investments & Wealth Institute, CFP, and Fi360 requirements, including programs eligible for CIMA, CPWA, CIMC, and RMA certifications.
- Leadership training and coaching programs for financial services leadersProvides a six-week virtual coaching program focused on methodologies that build ownership, resilience, and high performance, eligible for 10.5 hours of continuing education credit for CIMA, CPWA, CIMC, and RMA certifications.
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Industry Advocacy and Regulatory Engagement 1 activity
- Advocacy through regulatory engagementConvenes legal and compliance executives to discuss regulatory developments and submits comment letters on behalf of the investment advisory industry.
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Mentorship and Professional Development Programs 1 activity
- Early-career professional development in collaboration with NYU SternDelivers a three-week intensive professional development program for early-career financial services professionals in partnership with NYU Stern Executive Education, featuring graduate-level coursework, immersive workshops, and an in-person learning experience.
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Industry Research and Benchmarking 1 activity
- Industry research and data reportingProduces members-only research, data insights, white papers, and analysis on emerging trends in investment advice, including the quarterly Advisory Solutions Portal and a biannual Investment Advisory Solutions Journal. Also published a quarterly advisory solutions data report covering managed account assets through March 31, 2026.
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Professional Association Capacity Building 1 activity
- Industry-wide professional and organizational developmentUnites over 200 member firms and more than 12,000 professionals in the investment advisory industry through thought leadership, professional development, peer networks, and advocacy initiatives aimed at fostering innovation and industry progress.
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Leadership Development Programs 1 activity
- Professional development programs for emerging and senior investment leadersOffers multi-year and intensive professional development programs for investment advisory professionals at various career stages, including a two-year leadership program for emerging leaders (5–10 years of experience) featuring monthly virtual sessions, executive coaching circles, peer pods, and an in-person intensive with Duke Corporate Education, as well as programs for senior executives focused on strategy, innovation, and organizational transformation. Participants may earn continuing education credits and a certificate in Leadership & Innovation from the University of Virginia Darden School of Business.
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Industry and Community Recognition Awards 1 activity
- Recognition of emerging asset management firmsRecognizes early-stage asset management firms for momentum and contributions through the peer-judged MMI Thrive Trailblazer Awards.
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financials · form 990 · fy2024
revenue
Total revenue$6.45M
Contributions & grants$00%
Program service revenue$6.39M99%
Investment income$35K1%
Other revenue$25K
expenses
Total expenses$5.58M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$3.34M
Grants paid out$28K
Largest expense lineCompensation
balance sheet
Total assets$13.82M
Cash$4.38M
Investments$876K
Liabilities$5.52M
Net assets$8.30M
Liquid reserves11.3 mo
4 years on record · 2020–2024 · YoY revenue +10.1%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 9
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| CRAIG PFEIFFER | PRESIDENT | 40 | $694K |
| JOAN LENSING | SVP CHIEF PROGRAMMING OFFICER | 40 | $331K |
| ARLEN ORANSKY | SVP CHIEF MEMBERSHIP OFFICER | 40 | $323K |
| TIM WILLIAMS | SVP DIRECTOR OF EDUCATION | 40 | $275K |
| KELLY CAPORALE | SVP CHIEF MEMBERSHIP OFFICER | 40 | $203K |
| SAMANTHA GREENSTEIN | SVP, DIRECTOR OF MEMBER ENGAGEMENT | 40 | $155K |
| JOSEPHINE ORSINI | HCO | 40 | $143K |
| SANDRA SOWAH | FVP, LEARN. EXP. DESIGN AND PLATFORM MNGR. | 40 | $138K |
| ANTHONY ROLLO | DIRECTOR OF OPERATIONS & ADMIN. | 40 | $136K |
board members · 16
- AMOS ROBINSON — MEMBER
- ANNE STEER — CHAIR
- ANNIE BROWN — MEMBER
- BRAD JUNG — MEMBER
- BRENDAN CLARK — CHAIR ELECT
- BRIAN SCHAPPERT — MEMBER
- CHERI BELSKI — MEMBER
- DAVID CHORBA — MEMBER
- DAVID GIFFEN — MEMBER
- ERIC KOESTNER — CHAIR EMERITUS
- JAIME MAGYERA — MEMBER
- JAMES DEVANEY — TREASURER
- JAMES HADDON — MEMBER
- JAN HEALTH — MEMBER - TERMED 8/1/24
- JAY LINK — MEMBER
- JILL BROWN — SECRETARY
relationships · 28
Who they work with
- BNY Partner — BNY is a 2026 Titanium Partner of MMI.
- BNY Partner — Gold sponsor of MMI Thrive, supporting programming for emerging asset managers.
- Broadridge Partner — Broadridge is a 2026 Platinum Partner of MMI.
- CFP Partner — Offers continuing education credits that fulfill Certified Financial Planner (CFP) certification requirements.
- Cerulli Partner — Collaborates with Cerulli to produce quarterly advisory solutions data reports.
- Cerulli Associates Partner — Cerulli Associates is a 2026 Platinum Partner of MMI.
- Charles River Development Partner — Charles River Development is a 2026 Cobalt Partner of MMI.
- Duke Partner — Collaborates with Duke on the Leadership Pathway program for emerging investment leaders.
- Duke Corporate Education Partner — Collaborates with Duke Corporate Education to deliver the annual Leadership Pathway Intensive.
- Envestnet Partner — Envestnet is a 2026 Platinum Partner of MMI.
- Executive IQ Partner — Collaborates on a professional development program for investment advisory leaders.
- Fi360 Partner — Provides continuing education credits aligned with Fi360's professional standards and certification requirements.
- GTS Partner — Bronze sponsor of MMI Thrive, contributing to initiatives for emerging asset managers.
- Industry Data Provider Partner — Coordinates with MMI to produce data insights, a quarterly Advisory Solutions Portal, and a data portal for viewing industry trends.
- Invesco Partner — Invesco is a 2026 Platinum Partner of MMI.
- Investment Company Institute Partner — Investment Company Institute is a 2026 Titanium Partner of MMI.
- Investments & Wealth Institute Partner — Approves the Leaders as Coaches program for continuing education credits toward professional certifications.
- Investments & Wealth Institute Partner — Collaborates to offer continuing education credits recognized by the Investments & Wealth Institute.
- Jacobs and Company Partner — Bronze sponsor of MMI Thrive, supporting the community of emerging asset managers.
- Leadership Pathway Partner — Collaborates on a leadership development program for high-potential employees in the investment advisory industry.
- MMI Member Firms Network — Network of over 200 member firms including asset managers, wealth management organizations, and solutions providers.
- NYU Stern Executive Education Partner — Collaborates with NYU Stern Executive Education to deliver the MMI Academy professional development program.
- Research Firms Partner — Partners with MMI to support research and publication efforts in the investment advisory industry.
- S&P Dow Jones Indices Partner — S&P Dow Jones Indices is a 2026 Cobalt Partner of MMI.
- Sage Advisory Partner — Represented by Michael Walton, who participates in MMI Communities as a co-chair and speaker.
- University of Virginia Darden Graduate School of Business Partner — Collaborates on the development and delivery of the Executive IQ program, providing academic content and issuing a certificate in Leadership & Innovation.
- Vestmark Partner — Vestmark is a 2026 Cobalt Partner of MMI.
- xtraQUEST (by xtrackers) Partner — Gold sponsor of MMI Thrive, providing support for the emerging asset manager community.
strategies · 4
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Community-Driven Professional Developmentmethodology: community_driven_developmentBy fostering structured networking and member-led communities, we enhance professional growth and industry innovation because real relationships and peer collaboration deepen engagement and surface solutions aligned with advisor-driven needs.
- Evidence-Based Thought Leadershipmethodology: evidence_based_researchBy producing data-driven research and curating industry insights, we advance the investment advice field because actionable analysis enables better decision-making and strengthens collective understanding across the sector.
- Experiential Leadership Developmentmethodology: experiential_leadershipBy combining coaching, assessment, and immersive learning, we build leadership capacity because active engagement and personal accountability foster self-awareness, team effectiveness, and authentic leadership presence.
- Integrated Executive Educationmethodology: academic_practice_integrationBy blending academic rigor with practical application and in-person experiences, we develop leadership and innovation in senior executives because integrating theory with real-world challenges deepens impact and transferability.