"It takes no prophet to predict that once we surmount the initial hurdles involved
in a rating for security analysts, the procedure will establish itself firmly
and will come to be considered as indispensable to the public interest."

−Benjamin Graham, The Intelligent Investor 

CFA Institute 60th Anniversary: From Practice to Profession

In May 1947, four societies formed the National Federation of Financial Analysts Societies to exchange ideas and promote the welfare of the profession. Today, CFA Institute continues to set and achieve the highest standards of ethics, education, and professional excellence.

How It Began

• A brief history of CFA Institute
  • Past chairs
  • Member societies
  • Award recipients
• First CFA exam (PDF)
  • Graham/Hooper debate on a rating for security analysts (PDF)
• First Financial Analysts Journal
  • FAJ history (PDF)
    

In 1947, the NFFAS founders met at Schwartz's Restaurant in New York.

 What Is CFA Day?

CFA Day is a celebration of being part of the global investment profession. Activities on or during the week of 11 June 2007 brought members together in a collegial way to look at where we came from and to talk about the future.  CFA Institute celebrated CFA Day with market openings at the New York, Toronto, and London stock exchanges.  View photos (PDF) from CFA Day activities worldwide.