institute formation 1947 type non profit 1 purpose finance location charlottesville virginia region served worldwide membership over 123 000 2 official language english chair beth hamilton keen 3 ceo paul smith 4 main organ financial analysts journal website www.cfainstitute.org 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 claritas investment 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 edit in 1947 four financial analyst societies boston chicago new york and philadelphia joined forces for the purpose of promoting the exchange of ideas and supporting the welfare of the financial analysts profession . in 1962 a cadre 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 the discussion that began in north america in the 1940s has resulted in more than 120 000 cfa charters awarded since the inception of the cfa program . cfa institute has more than 110 000 members in 140 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 was founded in 1925 is in chicago . the newest society was admitted in august 2012 is nigeria . see also edit certificate in investment performance measurement references edit http online.wsj.com articles cfa institute chief departs after disclosing relationship 1402427710 http www.cfainstitute.org about research pages index.aspx http www.cfainstitute.org about governance leadership pages index.aspx http www.pionline.com article 20150120 online 150129987 cfa institute names new president ceo http www.cfainstitute.org timeline % 20documents aimr history brochure.pdf http www.educalc.net 366484 . page external links edit official website about the cfa institute and charter chartered investment counselor retrieved from https en.wikipedia.org w index.php title cfa institute & oldid 734191681 categories analyst societiesbusiness and finance professional associationscompanies based in virginiaorganizations established in 1999 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschespa ollietuvi edit links this page was last modified on 12 august 2016 at 18 15 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view