The CFA Society of St. Louis has three classes of members: Charterholder, Regular, and Affiliate. Regular members and CFA Charterholders are eligible to vote as well as hold officer positions. An individual must first become a Regular member of the CFA Institute to qualify for these membership classes. Affiliate members are entitled to enjoy all of the benefits of membership (see Membership Benefits ) except for voting and holding officer positions. Please note that you may apply for Affiliate status to the CFA Institute and CFA Society of St. Louis if you are a Candidate and/or you do NOT intend to become a CFA Charterholder. You do not have to enroll in the CFA program or be a CFA Charterholder to become a member of the CFA Society of St. Louis or the CFA Institute.
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Membership Type |
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Requirements |
Charterholder |
Regular |
Affiliate |
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Provide two sponsors: 1) CFA Society of St. Louis Charterholder Sponsor; 2) Supervisor Sponsor1 |
X |
X |
X |
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Hold a bachelor's degree from an accredited institution OR have equivalent education or work experience 2 |
X |
X |
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Pass Level I of the CFA exam OR pass the Self-Administered Standards of Practice (Ethics) Examination 3 |
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X |
X |
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Pass Levels I, II, and III of the CFA Exam |
X |
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Have 48 months of acceptable professional work experience in the investment decision-making process 2 |
X |
X |
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Currently engaged as investment professional and attained at least 12 months of acceptable work experience 2 |
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X |
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Sign and submit the Member's Agreement and Professional Conduct Statement |
X |
X |
X |
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Adhere to the Code of Ethics and Standards of Professional Conduct Statement |
X |
X |
X |
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Complete any additional documentation as requested by the CFA Institute |
X |
X |
X |
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Pay $100 annual membership dues for CFA Society of St. Louis in addition to CFA Institute dues. |
X |
X |
X |
Foototnotes:
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The supervisor sponsor requirement is waived if the applicant is the principal of the firm, a student, retired, self-employed, unemployed, or if providing a sponsor places the applicant in a difficult professional position. In these cases, applicants must provide another sponsor who is a Regular Member of the CFA Society of St. Louis. In order to waive the sponsor requirement, you must email the CFA Institute at cfainstitute.org explaining why you are not submitting a Supervisor Sponsor.
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For a detailed description and definition of work requirements, please visit the CFA Institute website at cfainstitute.org.
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The Self-Administered Ethics Exam consists of 25 multiple-choice questions based on information contained in the 9th Edition of the Standards of Practice Handbook. Note: you must contact the CFA Institute at 1-800-247-8132 to request this exam.
Please send any membership inquiries to: Joan_Hecker@sbcglobal.net
Additional information on CFA Institute membership can be found at:
http://www.cfainstitute.org/cfaprog/charterholder/membership/index.html