The National Association of Independent Brokers Dealers, Inc. (originally named California Association of Independent Broker/Dealers) was formed in 1979 by five Southern California Broker/Dealers so they might meet regularly to discuss areas of common interest such as Due Diligence, Compliance and Regulation. The organization is now national in scope and direction with 350+ Broker/Dealer and Industry Associate Members. Its members enjoy numerous benefits including: educational meetings and symposiums held across the country, up to date compliance notices and commentary regarding regulatory changes, rebates and discounts from industry vendors and numerous networking opportunities, just to name a few.

Since that first meeting in 1979, a great variety of subjects have been added. Principals have shared experiences and attitudes with their counterparts in other firms, generating a body of knowledge available to the entire membership. When necessary, members can also benefit from shared legal counsel or have access to legal opinions that will serve the interests of all.

A non-profit mutual benefit corporation, NAIBD is governed by a nine-member Board of Directors. Operating committees include Membership, Budget Planning, Programs, Compliance and Regulations, and Communication/Coordination. Membership is open to duly licensed, NASD Registered Broker/Dealers by application and Industry Associates (vendors) of integrity by specified application all based upon approval of the NAIBD Board of Directors.