The Path to CFA Membership

CFA Institute pic
CFA Institute
Image: cfainstitute.org

J. Randall Waterfield has been a Chartered Financial Analyst (CFA) since 1999. This credential is issued by the CFA Institute, an international organization that serves investment professionals. As chairman of the Waterfield Group and a renowned financial expert, J. Randall Waterfield enjoys the many benefits of his CFA membership. In order to join the organization, however, individuals must first pass a series of exams.

To be eligible for the CFA program, candidates must have a four-year undergraduate degree or be in the final year of an undergraduate program, four years of work experience, or a combination of the two that totals at least four years. To receive CFA certification, candidates must enroll in the program, which is divided into three levels, and pass three six-hour exams. The content of these levels becomes progressively more complex. On average, it takes candidates four years of study to receive their credential, and they report studying 300 hours or more to prepare for each of the three exams.

More information about the CFA Program exams and the CFA Institute can be found at the organization’s website, cfainstitute.org.