CFA Institute
 |
|
| Formation | 1947 |
|---|---|
| Type | Non-profit |
| Purpose | Finance |
| Location | |
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Region served
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Worldwide |
|
Membership
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over 135,000 |
|
Official language
|
English |
|
Chair
|
Beth Hamilton-Keen |
|
CEO
|
Paul Smith |
|
Main organ
|
Financial Analysts Journal |
| Website | www |
CFA Institute is a global association of investment professionals.
The organization offers the Chartered Financial Analyst (CFA) designation, the Certificate in Investment Performance Measurement (CIPM) designation, and the Claritas Investment Certificate. It provides continuing education conferences, seminars, webcasts, and publications to allow members and other participants to stay current on developments in the investment industry. CFA Institute also oversees the CFA Institute Research Challenge for university students and the Research Foundation of CFA Institute.
CFA Institute offices are located in New York City, London, Hong Kong, Mumbai, and Charlottesville, Virginia, USA.
In 1947, four financial analyst societies—Boston, Chicago, New York, and Philadelphia—cooperated for the purpose of promoting the exchange of ideas and supporting the welfare of their profession. In 1962, some of these financial analysts created the Chartered Financial Analyst (CFA) designation and established a code of conduct. In 1963, the profession was formalized when 284 candidates sat for the first CFA exam and 268 CFA charters were awarded. In 2004, the Association for Investment Management and Research voted to change its name to the CFA Institute.
Since then, 120,000 CFA Charters have been awarded. CFA Institute has more than 135,000 members in 150 countries and territories, and 137 member societies in 60 countries.
The largest of CFA Institute's member societies are:
Florida has the largest number of societies (six), followed by California and Ohio with five each. The oldest society, was founded in 1925, is in Chicago. The newest society, was admitted in August 2012, is Nigeria.
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