FAQ

Do you have a question about ADISA membership, events, or benefits? You may find the answer on this page. See our list of frequently asked questions below, and if you can’t find the information you need, please contact us!

  • What is ADISA?

    ADISA, the Alternative & Direct Investment Securities Association, formerly the Real Estate Investment Securities Association (REISA), and before that, the Tenant-In-Common Association (TICA), is a trade association serving all professionals who offer and distribute alternative investments. ADISA members include broker-dealers, sponsors, registered investment advisers, registered representatives, financial advisors, lenders, real estate brokers, consultants, due diligence firms, investment advisers, accountants, law firms, technology firms and other affiliated companies and personnel.

  • How do I become a member of ADISA?
    You may join ADISA online.
  • What’s the membership cost?
    Annual membership dues are based on your membership classification (read more about that below). Please see our membership dues page for specific costs.
  • If I’m eligible for more than one membership classification, how do I determine which one to choose?

    Choose the membership classification that will most closely align with your relationship with ADISA. For example, a principal of a sponsor who is also a licensed registered representative, and who is primarily a member of ADISA to market, promote or solicit for the benefit of the sponsor, is defined as a sponsor member. Members are expected to select their classification ethically and not circumvent the intent of the classes for their own financial or other benefit.

  • Is my membership based on my anniversary date or calendar year?

    Membership is based on your anniversary date.

  • Does ADISA have a set of professional standards?
    ADISA does not publish "standards" per se; however we do have a Code of Ethics which members receive in their welcome kit. ADISA also hosts some surveys and committee reports which research sound practices in some aspects of the industry.