CFA Institute

CFA Institute is a global, not-for profit association of investment professionals. It is headquartered in United States of America at Charlottesville, Virginia, with offices in Hong-Kong and London.

CFA Institute awards the Chartered Financial Analyst (CFA) designation. Apart from this the institute publishes the Financial Analyst Journal, founded in 1945 and also operates the CFA Institute Centre for Financial Market and the Research Foundation of CFA Institute.

CFA InstituteEmerging from a vast time-line of 85 years, the CFA Institute has a long list of happenings before it:

In 1925, an organization of investment analyst founded the Investment Analyst Society (IAS) in Chicago. Similar organizations sprung-up elsewhere starting with the New York Society of Security Analysts (NYSSA) in 1937.

In 1947, the organizations merged to form an umbrella organization the National Federation of Financial Analysts Society (NFFAS). As more societies formed, they too joined the national organization.

In 1959, the member societies voted to form the Institute of Chartered Financial Analysts (ICFA) for providing the CFA certification.

The National Federation of Financial Analysts Society (NFFAS) later became Financial Analyst Federation (FAF) and remained as an umbrella organization.

In 1999, two organizations the Institute of Chartered Financial Analysts (ICFA) and the Financial Analyst Federation (FAF) merged together to form Association for Investment Management and Research (AIMR).

In 2004, the Association for Investment Management and Research (AIMR) voted to change its name to CFA Institute.

The CFA Institute’s mission and vision has brought it to the top.

Its mission is: To lead investment professional globally by setting the highest standards of ethics, education and professional experience.

Its vision is: Fair and efficient global financial markets.

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