Invested in the Nation's Capital - local CFA Societies

More documents

Recommendations

Info

CFAWAn Association as Dynamic and Diverse as Washington ItselfCFAW was founded in 1953 as theWashington Society of InvestmentAnalysts. Today, this organization hasgrown to more than 1,600 members plussome 250 student members, making itone of the largest CFA societies in theUnited States.Reflecting the diverse nature of theinvestment profession in the NationalCapital region, CFAW members representan unusually wide spectrum of roles andpositions. A sample of the many titlesfound among members includes CEO,CFO, COO, CIO, portfolio manager,analyst, trust officer, consultant, directorof research, corporate strategist, anddirector of compliance.In similar breadth, CFAW membersare employed by major corporations;associations; union pension funds;national, state, and local governmentagencies (regulatory and nonregulatory);the nonprofit community, includingfoundations, operating charities, andacademic institutions; governmentsponsoredenterprises; asset managementfirms; insurance companies; broker/dealers; and consultants. Many havemet with success as entrepreneurs andbusiness owners. In terms of assetsmanaged, members represent firmsranging from less than $250 millionin assets under management to thosemanaging $250 billion or more.A highly active organization, CFAW isled by elected officers and a board ofdirectors. To fulfill its mission, the societyis organized around committees thatimplement a wide range of programs forits members as well as outreach effortsthat connect with employers, otherprofessional associations, government,the media, and the higher educationcommunity. The society also serves asa public voice promoting ethics, highstandards, competence, and knowledgewithin the investment community.The CFA Society of Washington DC:Invested in the Nation’s Capital.Kenneth Lay, CFA, is vice president and treasurer of the World Bank, adevelopment cooperative owned by 185 countries. The bank providesfinancial solutions and expertise to help its members meet economic,social, and environmental challenges at the national and internationallevels. Lay travels globally and says he encounters increasing numbers ofCFA charterholders, particularly in India and China. Lay, who received hisCFA charter in 2001, says, “I came late to the CFA program after startingas a securities lawyer and then spending 15 years in the capital markets.Earning the charter is a great thing to do at any point in a career.”2
Outreach Programs Link the Society with the Washington CommunityAmong the approximately 70 CFAsocieties in the United States, CFAWstands apart as it represents a diversemicrocosm of the investment industry –from mutual fund companies and broker/dealers to regulatory agencies, quasigovernmentorganizations, and a largenonprofit community. Among its leadingpriorities, CFAW actively reaches out to allparticipants in the investment and financialindustry as well as to nonfinancialcorporations and organizations. In doingso, the society seeks not only to promoteemployment opportunities for its membersbut also to enhance the value of the CFAdesignation and to contribute broadly tothe greater Washington community.Employer Outreach/Public AwarenessCFAW’s employer outreach/publicawareness initiatives seek to raiserecognition of the society and thevalue of the CFA charter. With the CFAdesignation already widely appreciatedin the financial services and investmentindustry, outreach efforts in part areaimed at increasing recognition amongnonfinancial corporations and thegeneral public. CFAW also seeks tobe a respected public voice on ethics,standards, and professional competencein the investment community and tospeak authoritatively on industry issues,practices, and regulations.SponsorshipsSponsorships provide the opportunityfor corporations and other organizationsto gain recognition among CFAWmembers and for the society to generateincome to help support its programs.Lead Corporate Sponsorships create ayearlong partnership between CFAWand corporate sponsors, providingsponsors with the greatest level of accessto society members and the greatestsponsorship value. Sponsorship packagesmay be individually customized in order tomeet each sponsor’s objectives. Sponsorsalso have the opportunity to presenttheir companies and products to CFAWmembers at the events most relevant totheir business or marketing interests.Career Task Force/ProfessionalDevelopment DayA venue for bringing employers faceto face with CFA charterholders, CFAProgram candidates, and graduate levelfinance students, Professional DevelopmentDay is a major event in the society’scalendar. Activities range from a job fairtype of environment for employers tomeet prospective employees to a seriesof panel discussions on the changingemployment environment and careeropportunities for investment professionals.Daryl Dennis, CFA, founded Black Knight Asset Management—named for hisyears at the U.S. Military Academy at West Point—to invest in fixed-incomestrategies, principally for public and private pension funds and other institutionalinvestors. A CFA charterholder since 2000, Dennis is a leader of CFAW, havingserved as both president and vice president. In his view, “Earning a CFA charterexposes one to a broad range of investment disciplines. After securing theCFA designation, CFAW continuing education, seminars, and professionaldevelopment programs keep us abreast of ongoing changes in the field.”University OutreachOne of the society’s newest programs,university outreach opens channelsof communication with the region’smany institutions of higher education.The society sponsors student-focusedprograms using both external and CFAWmember speakers and offers networkingopportunities with young professionals.The society supports university-based CFAprograms and helps explain the value ofthe CFA designation. An important goalis introducing the popular CFA GlobalInvestment Research Challenge to theregion. Through the challenge, universityteams compete on a research project.Winners go on to regional and globalcompetitions.3
Page 1 and 2: CFA Society of Washington DCInveste
Page 3: The CFA DesignationThe Hallmark of
Page 8: CFA Society of Washington DCSetting

Invested in the Nation's Capital - local CFA Societies

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?