CFA Society of Cleveland Prospective Member Presentation

The CFA Society of Cleveland│ 2 About the CFA Institute  Over 100,000 members in 57 countries with 136 member societies  65% of the membership base is in the USA, 65% of the candidates are international  111,000 candidates took the exam in June 2010, a record!  An organization with broad educational, practical and human resources Who We Are Mission  To lead the investment profession globally by setting the highest standards of ethics, education, and professional excellence. In advancing our mission, we are dedicated to building a CFA Institute that: − All serious investment professionals aspire to be a part of − Investment professionals go to first when seeking credentials and continuing education − Leads the industry’s thinking in the area of ethics, integrity, and excellence of practice − Partners with its network of strong societies to deliver on the mission − Forever derives its strength and energy from its highly qualified volunteers and professional staff

Employment of CFA Institute Members The CFA Society of Cleveland│ 3

CFA Institute As of 1 July 2010 Americas Europe, Middle East, Africa Europe, Middle East, Africa Asia Pacific Members: 68,756 CFA Program Registrations: 73,400 Members: 17,700 CFA Program Registrations: 44,600 Members: 14,859 CFA Program Registrations: 82,700 Total Members: 101,140 CFA Program Registrations: 200,700 The CFA Society of Cleveland│ 4

The CFA Society of Cleveland│ 5 CFA Program Benefits With a six-decade history of maintaining a rigorous focus on globally relevant investment knowledge, the CFA Program is the most widely known and respected investment credential in the world.  Career Advantage. Employers recognize the CFA charter as the definitive standard by which to measure the competence, integrity, and dedication of serious investment professionals. Stand out at every stage of your career.  Practical Skills. The curriculum focuses on the practical knowledge and current skills necessary in the global investment management profession. These skills are immediately useful on the job.  Community. Earning the CFA charter places you in the company of an elite group of nearly 90,000 respected investment professionals. Access to their collective expertise, networks, and resources is an invaluable asset.

The CFA Society of Cleveland│ 6 About the CFA Institute Our Vision Growth Objectives  Our vision builds on our beliefs that: − Financial markets should be equitable, free, and efficient so that every investor has a chance to earn a fair return − The interests of the ultimate investor must take precedence over the interests of all other market participants − High ethical principles and self- regulatory standards are as important to market efficiency and fairness as rules and regulations  To build CFA Institute global leadership in professional ethics, education, and excellence of practice in the investment management community by developing and delivering quality products and services that leverage the CFA brand to our expanding membership constituency.  Strategic Objectives − Enhance the CFA Program − Create and Source Relevant Lifelong Learning for Members − Connect with Members through Technology − Advocate Effectively for Members and Ethical Markets − Solidify and Extend Our Global Capabilities

The CFA Society of Cleveland│ 7 CFA Institute Education  Our learning topics are based on the Global Body of Investment Knowledge and provide lifelong learning opportunities to our members. − Alternative Investments − Behavioral Finance − Corporate Finance − Derivatives − Economics − Equity Investments − Financial Statement Analysis − Fixed Income − Leadership, Management & Communication Skills − Performance Measurement & Evaluation − Portfolio Management − Private Wealth Management − Quantitative Methods − Risk Management − Standards, Ethics & Regulations (SER) Learning Topics Delivery Methods  CFA Institute offers educational resources in a variety of delivery formats designed to suit individual learning styles and to bring the highest degree of professionalism, relevancy, and rigor to the pursuit of lifelong learning.  Events: Our conferences, seminars, and workshops are geared to executive, general practitioner, and specialized audiences.  Publications: Stay current with the latest investment research, industry news, and relevant expert commentary with CFA Institute publications.  Webcasts & Podcasts: Keep up with industry luminaries and topical experts through the numerous multimedia products we produce each year. For “learning on the go,” download our podcasts to enjoy at your convenience.  Online Learning: CFA Institute online courses provide engaging opportunities

CFA Society of Cleveland – Who We Are  Mission: Provide opportunities for professional development and fellowship among Cleveland-area investment professionals, consistent with the ideals of excellence, integrity and education as set forth by the CFA Institute.  450 Members: –360 Charterholders, 90 Non-Charterholders.  216 candidates enrolled in CFA exam program  Approximately 40 events per year hosted between September and June − Balanced Mix of Corporate Access, Industry Experts, Networking − Venues include casual after-work events, luncheons and webinars  Full Access to CFAI resources as well as CFASC programming, networking and resource base  Top Member Employers: –KeyCorp –PNC Financial –Fifth Third The CFA Society of Cleveland│ 8 –Stifel Nicolaus –FirstMerit Corporation –Parkwood –Hartland & Company –Integrity Asset Management –Longbow Research

Education Professional Excellence Ethics CFA Institute  To lead the investment profession globally by setting the highest standards of ethics, education, and professional excellence.  To lead the investment profession globally by setting the highest standards of ethics, education, and professional excellence.  The global standard for investment professionals  Committed to lifelong learning; working to provide value after the designation has been earned  The global standard for investment professionals  Committed to lifelong learning; working to provide value after the designation has been earned  A leading voice on issues of fairness, efficiency, and investor protection for global capital markets through the CFA Institute Standards and Financial Market Integrity Division CFA Institute Mission The CFA Society of Cleveland│ 9

Career Development Professional Excellence Programs Networking  Network with peers in the industry  Be part of an effectual and common voice to develop and protect the interests of the profession  Socialize with industry insiders  Network with peers in the industry  Be part of an effectual and common voice to develop and protect the interests of the profession  Socialize with industry insiders  Take advantage of local professional development opportunities  Access additional resources, such as job announcements and newsletters  Take advantage of local professional development opportunities  Access additional resources, such as job announcements and newsletters  Stay abreast of trends that affect the industry in your market  Take advantage of discounts to dynamic and educational local programs  Access to approximately 40 events per programming year  Stay abreast of trends that affect the industry in your market  Take advantage of discounts to dynamic and educational local programs  Access to approximately 40 events per programming year CFASC Mission The CFA Society of Cleveland│ 10

The CFA Society of Cleveland│ 11 Webinars Webinar: John Tamny presents "How We Got Here: The Weak Dollar and How It Caused the Global Financial Crisis" Wednesday, September 29, 2010 from 12:00 PM - 1:00 PM Hosted by the CFA Society of Cleveland

The CFA Society of Cleveland│ 12 Corporate Access Luncheon + Webinar: "Creating Value Through a Global Enterprise," presented by Kevin McMullen, Chairman, Chief Executive Officer and President of OMNOVA Solutions Inc. (NYSE:OMN) Wednesday, April 06, 2011 from 12:00 PM - 1:30 PM Hosted by the CFA Society of Cleveland

The CFA Society of Cleveland│ 13 Expert Panels Luncheon: The Future of U.S. Healthcare and Implications for Investors/Luncheon and Panel Discussion Wednesday, June 30, 2010 from 11:30 AM to 1:30 PM at the Intercontinental Hotel’s Ballroom Hosted by the CFA Society of Cleveland Panelists: Gina Petredis: Director of Federal Government Relations for the Cleveland Clinic Health System, where she is responsible for advocating for the interests of Cleveland Clinic and its patients in federal legislative and agency matters. Gina has worked in government relations for more than 15 years in both the public and private sectors. She is a graduate of Cleveland State University with a degree in Business Communications and sits on the Government Relations Policy Committee for the American Medical Group Association and the Federal Affairs Network Policy Advisory Committee for Premier Inc. David Chu: Portfolio Manager with Emerald Advisers, Inc. Mr. Chu has 15 years of investment experience. He is Co-Manager of the Emerald Mid Cap Growth portfolio and a member of the Portfolio Management team. Additionally, Mr. Chu maintains research coverage of the healthcare Services industry. Prior to his position at Emerald, he was a portfolio manager with Invesco Fund Small Company Growth Fund, where he managed the Healthcare sector. Mr. Chu has also served in portfolio management roles for Morgan Stanley, Bank of America, and Wachovia Bank. Mr. Chu received a BS in Industrial & Operations Engineering from the University of Michigan and an MBA from the Wharton School of Business, University of Pennsylvania. He is a member of the CFA Institute. Alex Morozov: Associate Director of the health-care team at Morningstar. He covers medical instruments and diagnostics. Before joining Morningstar in May 2006, he worked in the insurance industry underwriting directors' and officers' coverage for publicly traded companies. Mr. Morozov holds a bachelor's degree in finance with a minor in mathematics from the University of Missouri, graduating cum laude. He has been a CFA Charterholder since 2005.

The CFA Society of Cleveland│ 14 Networking After-Work Networking Event at Great Lakes Brewing Company Thursday, March 10, 2011 from 5:00 PM - 8:00 PM Hosted by the CFA Society of Cleveland

The CFA Society of Cleveland│ 15 Events Schedule

CFA Society of Cleveland Website

Contact For more information, please contact Craig Cimoroni, Membership Chair The CFA Society of Cleveland│ 17