How many firms notified CFA Institute of GIPS Compliance?

February 8, 2017

 

Each year GIPS-compliant firms are required to notify the CFA Institute of their firm’s claim of GIPS compliance. Each year, the CFA Institute then reports on the number of firms who submitted information. For 2016, it was reported that initial data from the Firm Notification process shows that 1,608 firms submitted their claim of GIPS compliance in 2016 to CFA Institute. 1,383 (86%) of those firms are verified. Firms claiming GIPS compliance are located in 40 different countries. Roughly 90% of the 1,608 firms that submitted their notification form opted to be listed on the GIPS website which can accessed by clicking here.