CFA SOCIETY OF 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

HISTORY  1962 Institute of Chartered Financial Analysts Incorporated Headquartered in Charlottesville, Virginia  Men & Women Passed Level III and Received Charters 3 CFA INSTITUTE CFA DESIGNATION AROUND THE WORLD MEMBERSHIP CFA SOCIETY OF HOUSTON EVENTS

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 4 CFA INSTITUTE CFA DESIGNATION AROUND THE WORLD MEMBERSHIP CFA SOCIETY OF HOUSTON EVENTS

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 5 CFA INSTITUTE CFA DESIGNATION AROUND THE WORLD MEMBERSHIP CFA SOCIETY OF HOUSTON EVENTS

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 6 CFA INSTITUTE CFA DESIGNATION AROUND THE WORLD MEMBERSHIP CFA SOCIETY OF HOUSTON EVENTS

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 7 CFA INSTITUTE CFA DESIGNATION AROUND THE WORLD MEMBERSHIP CFA SOCIETY OF HOUSTON EVENTS

HOUSTON SOCIETY  Extensive 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) 8 CFA INSTITUTE CFA DESIGNATION AROUND THE WORLD MEMBERSHIP CFA SOCIETY OF HOUSTON EVENTS

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 9 CFA INSTITUTE CFA DESIGNATION AROUND THE WORLD MEMBERSHIP CFA SOCIETY OF HOUSTON EVENTS

10 November 14, 2014 “PUTTING INVESTOR FIRST”