What Types of Positions Might a Chartered Financial Analyst Hold?

The types of positions that a Chartered Financial Analyst (CFA) is likely to hold include any position that deals with large-scale wealth management, financial analysis, or complex accounting.

According to the June 2019 CFA Institute Program Candidate Survey, the top positions that charterholders have are as follows: 16% are portfolio managers, 12% are CEOs/CIOs/CFOs, 9% are research/investment analysts, 7% are consultants, 7% are financial advisors/wealth managers, 5% are risk analysts/managers, 5% are corporate financial analysts, 4% are relationship managers/account managers, 3% are credit analysts, 3% are investment consultants, 3% are investment strategists, 3% are a manager of managers, and the remaining are in a variety of other finance and investment roles. The June 2019 survey was used due to the 2020 CFA Exams having been postponed as a result of the global pandemic.

Investment Banking

It's easy to see by the percentage breakdown that the most common types of positions that CFA charterholders hold include jobs that demand high levels of investment decision-making. A large number of CFA charterholders hold various jobs in the investment banking industry and manage a large number of assets. Large banks such as Goldman Sachs and Merrill Lynch tend to be good examples of the specific types of companies that hire CFA charterholders.

Hedge Funds

Although the best situation in regards to a CFA designation is to pass all three levels and become a charterholder, it's possible to reap benefits by simply passing the level I or level II exams. If a candidate has passed the level I and II exams but has not yet passed level III to become a charterholder, it's still possible to work at the jobs listed above. The most common types of jobs for candidates who have passed exam level I or II are in asset management, equities, fixed income, or hedge funds.