07/28/2021
Rocky Byrd Passes the CFA® Level 1 Exam
Hoffman Estates, IL - Clearwater Capital Partners is pleased to announce that Rocky Byrd has passed the CFA® Level 1 exam. Candidates concentrate on the tools and concepts related to investment valuation, economics, and portfolio management, as well as an overview of how these processes fit within the guidelines of the CFA Institute Code of Ethics and Standards of Professional Conduct.
Rocky has now completed one of three levels required to earn the CFA® designation. Currently, more than 167,000 professionals worldwide hold the CFA® charter. The pass rate alone for this Level 1 exam was a mere 25% (well below the 10-year average of 42%), which Rocky was able to accomplish on his first attempt.
John Sleeting, Senior Partner, said, “Rocky’s Character and Competency are emblematic of our firm values. We strive to provide transformational wealth management services to our client families. Rocky’s pursuit of the CFA® designation reflects his dedication and work ethic toward enhancing his professional contribution to our collective efforts. I speak for the entire team when I say that we are proud of Rocky and his achievements.”
About the CFA® Designation
The Chartered Financial Analyst® (CFA®) credential is one of the most respected and recognized investment designations in the world. “Pursuing the CFA credential is a very rigorous process, with less than one in five candidates successfully completing it to earn the charter,” said Paul Smith, CFA, Former President, and CEO, CFA Institute.
The CFA® Program includes the foundational knowledge that firms expect as well as the critical advanced investment analysis and portfolio management skills that are needed in investment management today. The curriculum is updated regularly, to reflect modern financial practices. The three-level program covers topics including Ethical and Professional Standards, Quantitative Methods, Economics, Financial Reporting and Analysis, Corporate Finance, Equity Investments, Fixed Income, Derivatives, Alternative Investments, and Portfolio Management and Wealth Planning.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
About Clearwater Capital Partners
Clearwater Capital Partners is a privately held, independent Registered Investment Advisor (RIA). The firm provides comprehensive wealth management services to successful individuals and families through their Private Client Practice. The firm’s Institutional Advisory Group offers a suite of professional services to businesses, non-profit organizations, foundations, and ERISA governed retirement plans.