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
Investment Foundations 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.

Contents
1 History
2 Member societies
3 See also
4 References
5 External links
History
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
142,000 members in 150 countries and territories, and 137 member societies in 60
countries.

Historical logo
Member societies
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
Chartered Financial Analyst
Certificate in Investment Performance Measurement
References
Huang, Daniel (10 June 2014). "CFA Institute Chief Departs After Disclosing
Relationship" � via Wall Street Journal.
"Research & Data".
"Leadership".
Burr, Barry B. (20 January 2015). "CFA Institute names new president, CEO".
http://www.cfainstitute.org/Timeline%20Documents/aimr_history_broch