CFA SOCIETY OF HOUSTON

www.cfahouston.org

CFA Society Houston

Our mission is to lead the investment profession globally

by promoting the highest standards of ethics, education,

and professional excellence for the ultimate benefit of society

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HISTORY

1962• Institute of Chartered Financial Analysts Incorporated

• Headquartered in Charlottesville, Virginia

1963• 268 Men & Women Passed Level III and Received Charters

CFA INSTITUTE

CFA DESIGNATION

AROUND THE WORLD

MEMBERSHIP

CFA SOCIETY OF HOUSTON

EVENTS

4

OBTAINING THE CHARTER

What Does It Take to Receive the Designation?

• Passing 3 Difficult Exams

• Demonstrating 4 Years of Investment Management Experience

• Abiding by the CFA Code of Ethics and Professional Conduct

One in Five Who Start the Program Become Charterholder

CFA INSTITUTE

CFA DESIGNATION

AROUND THE WORLD

MEMBERSHIP

CFA SOCIETY OF HOUSTON

EVENTS

5

GLOBAL PRESENCE

Presence in 150 Countries

144 CFA Societies in Americas

On June 30, 2014, the CFA Institute’s Global Membership was over 127,756

CFA INSTITUTE

CFA DESIGNATION

AROUND THE WORLD

MEMBERSHIP

CFA SOCIETY OF HOUSTON

EVENTS

6

TYPES OF MEMBERS

Members Can Be Either “Affiliate” or “Regular”

• Affiliate: Passed Level I and Continuing with the Program

• Regular: Chartered Members

• Student: Valid ID required

Members Must Belong to the Institute and May Join the Local Society

CFA INSTITUTE

CFA DESIGNATION

AROUND THE WORLD

MEMBERSHIP

CFA SOCIETY OF HOUSTON

EVENTS

7

HOUSTON SOCIETY

Houston’s Society was formed in 1955 as the Houston Society of Financial Analysts

•Name was Later Changed to the CFA Society of Houston

On June 30, 2014, Houston’s Membership was over 895 ~750 CFA Charterholders

CFA INSTITUTE

CFA DESIGNATION

AROUND THE WORLD

MEMBERSHIP

CFA SOCIETY OF HOUSTON

EVENTS

8

HOUSTON SOCIETYExtensive educational program

~32 educational lunches

3-4 social and networking hours

Educational events for professionals

CFA Society of Houston has a Scholarship Fund 4 scholarships a year

Rice University, University of Houston

CFA Institute Research Challenge – Southwest US All teams write a research report on a local company, finalists in SW US

give a presentation at TIPS (Texas Investment Portfolio Symposium )

IRC team selection process is run entirely through the Wright Fund (WF)

CFA INSTITUTE

CFA DESIGNATION

AROUND THE WORLD

MEMBERSHIP

CFA SOCIETY OF HOUSTON

EVENTS

9

TEXAS SOCIETIES

The Houston Society is a Member of the CFA Societies of Texas

•CFA Societies of Texas is an Organization of the Four Texas Societies (DFW, Austin, San Antonio, and Houston)

•Combined Membership is over 2500 Members

CFA INSTITUTE

CFA DESIGNATION

AROUND THE WORLD

MEMBERSHIP

CFA SOCIETY OF HOUSTON

EVENTS

10CFA Society Houston

November 14, 2014

“PUTTING INVESTOR FIRST”

CFA Society Houston