CFA-Austria : CFA-Institute's 101^st Member Society

CFA-Austria was founded as CFA-Institute's (formerly AIMR) 101st member society in March 2001 under the label ASIP (Austrian Society of Investment Professionals). At this time, our society had 13 members mainly portfolio managers and financial analysts. In August 2005, in line with the name change of AIMR into CFA-institute, our societies members agreed to change the societies name into CFA-Austria. At the time the society was founded, following goals where set:

• increase the knowledge of the public about the CFA-program

yearly newspaper-article about the new CFA-charter holders
ceremony for the charter-receipients with an international guest speaker
events concerning important recent topics



• sharing information between members

introduction of comprehensivecontinuing education program
"Code of Conduct" for financial anaylsts
EU Investment Directive and other relevant law-changes
GIPS - Global Investment Performance Standards



• continuing education of members, society, press and future CFA-candidates

organization of seminars with guest speakers for continuing education
"Seminar in a Box" - a standardized speech for financial analysts
"CFA Candidate Prep-Courses"



• society ethics

"Code of Conduct" for financial analysts

current situtation

CFA Austria currently has 189 members.

The following is a breakdown by industry and title:

CFA charterholders

89 %

NON-CFA charterholders

11 %

Industry

members

Commercial/Retail Bank

18 %

Mutual Fund

17 %

Investment Bank / Broker Dealer

12 %

Institutional Investment Manager (with diverse client base)

12 %

Institutional and Private Client Investment Manager (mix of)

12 %

Consultancy

6 %

Insurance Company

4 %

Accounting/Auditing/Tax Compliance

3 %

Fund of Hedge Funds

3 %

Private Client Wealth Manager/Family Office/Private Bank/Trust Company

3 %

Research Firm

2 %

Non-financial Corporation

2 %

Public or Union Pension Fund

1 %

Manager of Managers

1 %

Mortgage Bank

1 %

Financial Planner / Advisor

1 %

Hedge Fund

1 %

Governmental Non-regulatory Agency

1 %

Governmental Regulatory Agency

1 %

Closely-held Non-financial Company

1 %

Consisting of portfolio managers, security analysts, investment advisors, and other financial professionals, we promote ethical and professional standards within the investment industry, encourage professional development through the CFA Program and continuing education, facilitate the exchange of information and opinions among people within the local investment community and beyond, and work to further the public's understanding of the CFA designation and investment industry.

As CFA-Institute's 101st member societiy, our society connects members to a global network of investment professionals.