History[edit]

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.[5] In 2004, the
Association for Investment Management and Research voted to change its name to the
CFA Institute.[6]

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.

Historical logo
Member societies[edit]
The largest of CFA Institute's member societies are:

New York: Over 15,500 members

Toronto: Over 7,500 members
United Kingdom: Over 8,000 members
Hong Kong: Over 5,000 members
Boston: Over 5,000 members
Chicago: Over 3,500 members
San Francisco: Over 3,000 members
Singapore: Over 2,500 members
Los Angeles: Over 2,000 members
Florida has the largest number of societies (six), followed by California and Ohio
with five each. The oldest society, which was founded in 1925, is in Chicago. The
newest society, which was admitted in August 2012, is in Nigeria.

See also[edit]
Chartered Financial Analyst
Certificate in Investment Performance Measurement
References[edit]
Jump up ^ Huang, Daniel (10 June 2014). "CFA Institute Chief Departs After
Disclosing Relationship" � via Wall Street Journal.
Jump up ^ "Research & Data".
Jump up ^ "Leadership".
Jump up ^ Burr, Barry B. (20 January 2015). "CFA Institute names new president,
CEO".
Jump up ^ http://www.cfainstitute.org/Timeline
%20Documents/aimr_history_brochure.pdf
Jump up ^ "AIMR Changes Name to CFA Institute : Educalc.net".
External links[edit]
Official website
About the CFA Institute and Charter
Chartered Investment Counselor