CFA Society of Los Angeles Incorporated

The CFA Society of Los Angeles Incorporated is a non-profit organization designed as a business league, primarily serving as a professional network for investment management professionals in the greater Los Angeles area. Established in 1931, it was originally known as the Investment Statistician's Association of Los Angeles. Over the years, it has evolved and grown into a significant hub for financial professionals, offering various educational, networking, and career development opportunities.

Type of Nonprofit

The organization is designated as a 501(c)(6) non-profit, which includes business leagues, chambers of commerce, and real estate boards. As such, donations to the organization are not tax-deductible[1].

Activities and Programs

CFA Society Los Angeles hosts a range of events and initiatives aimed at enhancing knowledge and professional development for its members. These include conferences, symposiums, sponsorship opportunities, and networking events such as the Economic and Investment Forecast Dinner, PORTFOLIO Conference, and Wealth Management Excellence Summits[3].

Membership Structure

The society offers several types of membership, catering to different groups of financial professionals:

• Regular Membership: Open to those with a keen interest in investments and networking within the finance sector.
• Associate Membership: Eligible for individuals without a CFA charter, including those actively pursuing the CFA certification.
• Student Membership: Available for students actively enrolled in a college or university program.
• Joint Membership with CFA Institute: Offers additional benefits through combined membership with the global CFA Institute[4].

Financials and Leadership

The organization primarily derives its revenue from program services and investment income[1]. Leadership roles are filled by prominent figures within the investment community, who contribute to the strategic direction and operational management of the society. Notable past leaders include Alicia Romo, CFA, who served as President from 2020 to 2021[2].

Community Engagement

CFA Society Los Angeles actively engages with its community through educational presentations and networking opportunities, both virtually and in-person[5]. The society celebrates milestones such as its 90th anniversary by reflecting on its history and contributions to the financial industry[2].

The organization has grown significantly since its founding, expanding its reach beyond Los Angeles to include professionals from surrounding areas like Hawaii, San Diego, and Orange County[2]. Today, it serves as a vital platform for investment professionals to connect and advance in their careers.