As a professional organization, NASP serves as a resource for the minority community at large and for the minority professionals within the securities and investments industry by providing opportunities to share information about the securities markets, including functioning as a repository for information regarding current trends, facilitating fundamental educational seminars, and creating networking opportunities.
NASP was founded in Chicago in 1985 by Maynard H. Jackson, Felicia Flowers-Smith, Joyce M. Johnson & Donald Davidson. From a core group of 44 people in attendance at NASP's first organizational meeting in 1985, the NASP has now grown to boast a membership of over 500.
NASP is headquartered in Washington, D.C. and currently has 10 local chapters throughout the United States.