David Tittsworth, IAA

About the Author

David Tittsworth, IAA

 

David G. Tittsworth is Executive Director/Executive Vice President of the Investment Adviser Association.

A native of Kansas, he received his B.A. degree from the University of Kansas in 1975 and his law degree from the University of Kansas School of Law in 1978. 

Mr. Tittsworth served a significant portion of his professional career in the public sector, where he held positions in all three branches of government.  Mr. Tittsworth first served as Associate Staff on the House Budget Committee.  He accepted a position as Senior Counsel to the House Subcommittee on Transportation, Trade, and Hazardous Materials in 1989.  In 1991, he left Capitol Hill to become General Counsel and a partner with a government relations firm (now Chambers, Conlon & Hartwell), where he represented the Investment Adviser Association and other clients.  In 1992, he returned to Capitol Hill to serve as Counsel of the House Committee on Energy and Commerce, a position he held until joining the IAA as Executive Director and Executive Vice President in October 1996.     

Mr. Tittsworth oversaw the relocation of the Association’s offices from New York to Washington, D.C. early in 1997.  Today he manages all of the Association’s activities, including its involvement in a wide variety of legislative, regulatory, compliance, educational, and business issues that affect the investment advisory profession. 

The Investment Adviser Association (formerly the Investment Counsel Association of America) was founded in 1937.  The Association is a not-for-profit organization that exclusively represents the interests of the investment adviser profession.  The IAA’s diverse membership consists of about 500 SEC-registered investment advisory firms that collectively manage in excess of $9 trillion in assets for a wide variety of institutional and individual clients.  

• What I Learned at Our Compliance Conference, Pt. 2: What SEC Examiners Are Pursuing

  By David Tittsworth, IAA  |  March 18, 2013

  What are the SEC's priorities in examining investment advisors? A look at OCIE's priorities, and at what may be the most underreported development in advisor exams.

• The IAA Compliance Conference, Pt. 1: What to Expect From Your Friends in DC

  By David Tittsworth, IAA  |  March 14, 2013

  At the Investment Adviser Association’s annual compliance conference, a look at the significant legislative, regulatory and policy developments now being pursued and what’s coming next, especially from the SEC.

• The Morning After…

  By David Tittsworth, IAA  |  November 7, 2012

  Now that the election is over, how can we move the ball forward—for your businesses and your clients—during the coming months and weeks?

• How the Election Will Shape Regulatory Policies for Advisors

  By David Tittsworth, IAA  |  September 20, 2012

  The president appoints the people who will make the most important decisions on regulatory policy that affect your profession. First up on our list of potential changes: Treasury.

• It’s Not Too Late to Make Your Voice Heard on SRO Bill

  By David Tittsworth, IAA  |  July 6, 2012

  If you’re not in favor of having FINRA become the SRO for RIAs, join the advisor grass-roots effort to advocate with Congress against Bachus bill.

• Some Questions—and Answers—on the Spencer Bachus SRO Bill

  By David Tittsworth, IAA  |  May 14, 2012

  Some of the answers: FINRA is the only viable option that has been identified as an SRO and, as Mercer Bullard commented, "the bill would impose a tax on small advisory businesses...and mainstream investors they represent."

• Likely on Its Way: Greater Compliance Burden for Advisors

  By David Tittsworth, IAA  |  March 13, 2012

  A little historical perspective on investment advisor registration: past is prologue.

• The Costs of FINRA Oversight of RIAs: Running the SRO Numbers

  By David Tittsworth, IAA  |  January 9, 2012

  At last, credible information on the costs of having an SRO—or not—to oversee advisors, and what each scenario would cost RIAs in dollars and cents.

• Deficit Supercommittee: Are You Ready for More Political Football?

  By David Tittsworth, IAA  |  November 15, 2011

  Everything you wanted to know about the Congressional supercommittee, and when its recommendations need to be made.

• The Bachus Draft and the Move Toward Private Regulation of Advisors

  By David Tittsworth, IAA  |  September 20, 2011

  After testifying before the House subcommittee on the draft legislation, our intrepid blogger explores and explains what it means for advisors.