SIFMA will have three product and customer based groups: Capital Markets, Private Client and Asset Management.
The product focus of the Capital Markets Group will be the primary and secondary markets for equity and fixed income securities in the US and globally. The customer focus of the Capital Markets Group will be issuers and institutional investors in the US and globally.
The product and customer focus of the Private Client Group will be investment products sold to private clients in the US and globally. The Private Client Group will also have a focus in individual investor education.
The product focus of the Asset Management Group will be investment products about which Asset Managers provide investment advice or investment management services in the US and globally. The principal customer focus of the Asset Management Group will be institutional investors and hedge funds in the US and globally.