Bridget Burke and Colleen Herron Earn Chartered Financial Analyst Designations

Bridget Burke and Colleen Herron, both Assistant Portfolio Managers at AAM Insurance Investment Management in Chicago, have both earned the prestigious Chartered Financial Analyst® (CFA®) designation.

The CFA charter, the most respected and recognized investment credential in the world, represents a tradition of upholding the highest standards of education and integrity in the investment profession. The charter is recognized globally by employers, investment professionals, and investors as the definitive standard by which to measure the competence, integrity, and dedication of serious investment professionals.

Recipients of the CFA charter have successfully completed the CFA Program, a graduate-level, self-study curriculum and a series of three intensive examinations taken sequentially, which, in total, takes most candidates between two and five years. Candidate surveys report that preparation for the three exams typically requires at least 900 combined hours of study. The CFA Program, which is administered by CFA Institute – the global not-for-profit association of investment professionals – sets a standard that is acknowledged around the world for measuring the competence and integrity of financial analysts, portfolio managers, and investment advisers. Currently, more than 150,000 investment professionals in 163 countries and territories hold the CFA charter.

The first CFA exam was administered in 1963. Due to the rigor of the program, only around one in five candidates who enroll in the CFA Program pass all three exams and meet the professional and ethical requirements to earn the charter. Earning the designation demonstrates mastery of the skills most needed for investment analysis and decision making in today’s fast-evolving global financial industry.

Administered worldwide in English, the CFA Program is firmly grounded in the knowledge and skills required every day in the investment profession and covers ethical and professional standards, securities analysis and valuation, international financial statement analysis, quantitative methods, economics, corporate finance, portfolio management, and performance measurement.

Bridget has five years of experience in the investment industry. Prior to joining AAM, she was an OTC Structured Products Middle Office Consultant at Northern Trust Hedge Fund Services. Bridget’s responsibilities at AAM include reporting, monitoring and analysis on a number of insurance portfolios. Bridget earned a BS in Finance and Economics from John Carroll University.

Colleen has been in the insurance industry for 20 years. Prior to joining AAM, she worked as a Senior Portfolio Accounting Analyst for The Northern Trust Company. Colleen earned a BA in Economics and Communications from Denison University.

John Bowman, CFA, managing director, Americas at CFA Institute, explained what motivates candidates to make such a significant investment of their time and energy to seek to earn the CFA designation.

“For 50 years, candidates have sought to earn the CFA charter for two chief reasons,” Bowman said. “One, to expand and test their knowledge of current practice across a broad range of investment topics, and two, to demonstrate to clients, employers, and peers their mastery of a demanding body of knowledge.

“In the past decade, as the CFA Program has been adopted as a worldwide standard, the charter also has become an ‘international passport’ to work in financial markets anywhere in the world,” Bowman concluded.

Statistics provided by the CFA Institute as of 2019.

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