Some highlights of our research were:
1. Sydney has shown explosive growth since inception in 1996, with 760 members at present, up from only 144 in 2000. In addition, the CFA Society of Sydney also had about 1600 enrolled candidates in the 2007 fiscal year (see graph below).
2. How big is the pool they are playing in?
The influence of CFA charterholders is broad – they are employed by companies with varied assets under management (information supplied by members)
Assets Under Management ($US) |
Sydney |
Less than $250 million |
10.3% |
$250 million to <$1 billion |
9.1% |
$1 billion to < $5 billion |
13.4% |
$5 billion to < $20 billion |
16.0% |
$20 billion to < $50 billion |
8.5% |
$50 billion to < $250 billion |
6.1% |
More than $250 billion |
5.3% |
3. Where are they now? A significant proportion of charterholders are employed in managerial positions (information supplied by members).
Managerial Postion |
Globally |
Sydney |
Chief Corporate Strategist or equivalent |
1.3% |
1.2% |
CEO or equivalent |
6.6% |
4.5% |
Chief Financial Officer |
3.1% |
1.2% |
Chief Investment Officer |
7.3% |
3.7% |
Chief Operating Officer |
2.0% |
2.0% |
Director of Research |
6.6% |
6.7% |
Supervisory |
27.4% |
26.2% |
4. What does CFA Institute advocate?
- Investors come first.
- Investment professionals must act in accordance with the highest professional standards.
- Financial statements should be reported from the perspective of the shareholder who bears the ultimate risk, and with the shareholder’s best interests held paramount.
- Markets should move towards one set of global, high-quality standards for reporting financial information.
- Self-regulation is generally the preferred method for promoting fair and efficient markets.
5. What does the future hold : CFA Institute’s strategic focus
- Enhance the position of the CFA Charter as the gold standard credential and the preferred designation globally for investment professionals.
- Enhance the value and service propositions that CFA Institute offers its members, while continuing to provide value and service to candidates and societies.
- Establish CFA Institute as the go-to resource for investment knowledge and educational material among investment professionals and their employers.
- Establish CFA Centre as a respected source of opinions and standards in the area of ethics and integrity.
- Strengthen the organisation’s ability to source, engage, and use volunteers and staff effectively in the pursuit of our mission.
As you can see, we have come a long way in the past 60 years. CFA Institute is a well-established and highly respected body, both locally and globally. When people hear about the CFA designation they instantly associate it with industry knowledge, high professional standards, ethics and leadership.
Thank you for enabling us to become this global leader. We have enjoyed having you among the CFA community and look forward to your continued support.
