Membership Categories


TO LEARN MORE ABOUT THE BENEFITS OF BECOMING A NAME MEMBER, VISIT A ONE PAGE OVERVIEW OF THE ORGANIZATION.

The membership categories listed below are from NAMA's By-Laws.  If you have any questions about which category applies to your firm, contact Susan Gaffney at nama@municipaladvisors.org

Firm Member

Any person, including a sole proprietorship, partnership, association, for profit corporation or limited liability company, may be admitted as a Firm Member if:

  • it is appropriately registered and in good standing with the Securities and Exchange Commission (“SEC”) and Municipal Securities Rulemaking Board (“MSRB”) as a municipal advisor (“Municipal Advisor”, as defined in Article IV, Section 4.2 below);
  • its principal activity is to provide municipal advisory services to state and local governments and/or 501(c)(3) organizations;
  • it is not associated with, or registered as, a broker, dealer or municipal securities dealer; and
  • its municipal advisory activities are its primary business activities and it derives a significant portion of its business revenue from fees relating to its municipal advisory activities. 

CLICK HERE FOR A FIRM MEMBERSHIP APPLICATION

Affiliate Member

Any individual whose employer is a registered Municipal Advisor and is in good standing with the SEC and MSRB but does not otherwise qualify for membership as a Firm Member.  This includes MAs associated with broker/dealer firms and independent MAs whose firm is not a Firm member.

CLICK HERE FOR AN AFFILIATE MEMBERSHIP APPLICATION

Associate, Academic and Other Member

Any natural person or organization that does not qualify for membership under any other membership category may be admitted as an Associate, Academic or Other Member if such person or organization meets the standards for such membership as established by the Board of Directors from time to time. 

CLICK HERE FOR AN ASSOCIATE MEMBERSHIP APPLICATION

2017 Dues Structure

Below is the NAMA Dues Structure for 2017.  Firm dues are based on the number of MA-Is registered with each firm.  Individual MAs, from broker/dealer firms or those who are not part of a Firm membership, pay the individual Affiliate membership fee.

MEMBER FIRMS

MA-I level            Base Fee                Dues                          Total

1                           $400                        $500                          $900

2                           $400                        $1000                         $1400

3-5                        $400                        $1500                         $1900

6-9                        $400                        $3000                         $3400

10-14                    $400                        $5000                         $5400 

15-30                    $400                        $7500                         $7900

 31+                      $400                        $10,000                      $10,400

AFFILIATE (individual MA)                                                     $1000

ASSOCIATE (non MA companies)                                         $2500