2017-2018
Letter from
The Chair


Dear Fellow CFA Society Boston member:

At last year’s Annual Meeting we stressed that Involvement is Opportunity and committed to focusing on engagement, member value, leadership and ethics, and university outreach. As you review this Annual Report, I encourage you to make note of the programs and actions that helped us achieve our goals. Whether participating in formal programs or member-developed Meet Ups, taking advantage of our Career Center, exploring new concepts in our Leadership Conference with Jonathan Clark, or competing in our annual Research Challenge, members had a variety of rewarding opportunities for involvement. As we entered 2018, we partnered with CFA Institute and launched Let’s Measure Up to raise awareness of the CFA Charter with employers, investors, prospective charterholders, and the public. In alignment with our mission, this campaign demonstrates our commitment to making a better world for investors. How will we – as a community – make a better world for investors and measure up? We will raise the awareness of our strengths to increase trust, enhance our members’ expertise by offering quality education, and improve the general state of our profession through advocacy.

The Next Generation of Trust, A Global Survey on the State of Investor Trust, published recently by CFA Institute, asserts that trust and value arise from credibility and professionalism. As professionals, we are uniquely qualified to advance our industry. We embrace the highest ethical standards, gain credibility through our designation(s), and share a life-long commitment to learning. I invite you to read this report and watch for future information about this initiative.

Education continues to be a core mode of increasing the value of CFA Society Boston membership. Through live programming, career development, and networking opportunities, we strive to meet the diverse needs and interests of our membership. Nearly 2,000 of us attended 35 locally created programs that offered a wide range of topics in FY 2018. Our successful Market Dinner, featuring Dr. Madeleine Albright, attracted an additional 750 members and guests. We have also strengthened our partnership with CFA Institute by increasing the number of co-hosted events, unifying our message and value with the local investment community.

On the advocacy front, the Board formed a University Outreach Task Force to engage students beyond the very successful CFA Institute Research Challenge. Connecting with several local colleges and universities, we are identifying opportunities to harness the strengths of our robust local university environment and all that CFA Society Boston and its membership has to offer. These efforts endeavor to motivate a larger and more diverse group of students to enter the noble investment profession. We also continue to foster diversity in our profession through our Women in Investment Management Network and are working on strategies to affect positive change in the following pillars of diversity: leadership, programming, and recruitment. Finally, 110 Financial Literacy Initiative volunteers enriched the lives of over 1,000 people (ranging from high school students to retired veterans) at 75 Financial Literacy presentations.

Moving into our 2018-2019 membership year, the Society is financially secure, and our operations are stable. Our long-term reserves have appreciated to $4,283,732 (an increase of $176,832 or 4.3% year-over-year), and we expect to close the year with an operating surplus (excluding investment income). Strong society operations continue to support the delivery of value with enhanced technology such as our newly enhanced online Career Center platform. At the same time, CFA Society Boston plays an integral role on CFA Institute’s Technology Council, helping to direct future technological developments and support.

None of this would have been possible without the dedicated efforts of our volunteers, staff and Board members who have worked to enhance member value and strengthen our profession and community. I thank each of them for their tireless and dedicated service to our community and to the mission of CFA Society Boston.

I also thank the brilliant women and men who have previously served as Chairs, Board members, volunteers and staff. It has been a pleasure, a privilege and an honor to serve as Chair. I am confident that our incoming Chair, Erinn King, will bring renewed vision, energy, and accomplishment to our organization.

Jeffrey B. Augustine, CFA, CFP®

George portrait

MANY
PIECES
UNITE TO
FORM ONE
STRONG
SOCIETY

“CFA Society Boston is dedicated to offering the necessary components for an excellent member experience. We strive to satisfy our members, help with career development, build trust and integrity, unite Boston’s investment community, and improve the overall investment industry. Thank you for taking a few moments to review the many pieces that come together to make CFA Society Boston a forum for collaboration, education and innovation.”

- Jeffrey B. Augustine, CFA, CFP® | Chair of CFA Society Boston’s Board of Directors, 2017-2018

BUILDING
ENGAGEMENT
THROUGH
MEMBER
PROGRAMS
& EDUCATION


This year we continued to build on the success gained last year from the 2016 Member Research Project’s findings. Our modified subcommittee governance structure – including a centralized Program and Education Advisory Council – continues to show increased engagement in conferences, educational programs, informal Meet Ups, volunteer activities, and networking sessions.

Evolution exam

Building engagement though member programs education

We continue to build community and take action to increase member satisfaction with a focus on our top three benefits identified by our members

1. Networking Opportunities

The popularity of member Meet Ups surpassed all expectations during the 2017-2018 membership year. Not only did we offer 11 member Meet Ups (all of which were based on member-generated topics), but we also saw an average of 31 participants per Meet Up.

2. Career Development

This year we launched CFA Society Boston’s New Career Center, a greatly enhanced job board that offers regular and affiliate members (and candidates) exclusive access to qualified job opportunities along with career development resources – all available on a single platform. Regardless of where members are on their career path, CFA Society Boston's Career Center offers

This year we launched CFA Society Boston’s New Career Center, a greatly enhanced job board that offers regular and affiliate members (and candidates) exclusive access to qualified job opportunities along with career development resources – all available on a single platform. Regardless of where members are on their career path, CFA Society Boston's Career Center offers resources to achieve professional goals. Employers are also able to post jobs, targeted to the highly qualified pool of CFA Society Boston members.

resources to achieve professional goals. Employers are also able to post jobs, targeted to the highly qualified pool of CFA Society Boston members.

3. Promotion of the CFA Charter

Awareness of the CFA Charter is among our members’ top priorities and for the second consecutive year, CFA Society Boston conducted a branding campaign to strengthen our brand and the CFA charter. Working closely with CFA Institute and their Let’s Measure Up campaign, we ran a mix of local radio, digital, social, and elevator advertising media in the Boston market. As part of the campaign, we partnered with LinkedIn to incorporate a new "Search for a CFA charterholder" function. We also participated in CFA Institute's Putting Investors First Campaign to increase engagement and build awareness of the Charter by executing a Putting Emotional Finance to Work program, and our Annual FREE Ice Cream Member Appreciation Event.

Let’s Measure Up Campaign

As part of our “Let’s Measure Up” branding campaign that’s building global awareness and recognition of your CFA charter, we just launched a new video that showcases some of the creative advertising work that ran in the Boston market.

The video features advertising examples across print publications, digital ad networks, social media platforms, and digital out-of-home screens in elevators and office buildings in targeted locations throughout the greater Boston area.

We know that building awareness of the CFA charter is one of your top priorities, and our “Let’s Measure Up” campaign is doing just that – here at home, and around the world.

INDIVIDUALS
ENGAGED AS
ONE SOCIETY


The 2017-2018 membership year attracted more than 2,700 event registrants and over 200 member volunteers. Our Annual Market Dinner – this year, featuring Madeleine K. Albright – was a standout event welcoming 750 attendees. We continued to support our Sustainable Investing Initiative with our annual ESG Seminar as well as a timely and relevant program entitled Resiliency and Climate Planning in Boston. To attract new audiences, we co-hosted with CFA Institute an overview of Harvard Business School’s Investment Management Workshop, offered Finance's Wrong Turn: A Revisionist View of Modern Finance in Practice, a series of five courses taught by the renowned Richard A. Michaud, PhD, and held the first

in a series of technical skills development programs with an Introduction to Data Science for Finance. From a volunteer perspective, over 200 members volunteered their time and expertise. Our members touched the lives of countless investors ranging from high school students to retirees through Financial Literacy presentations and championed the importance of diversity in business through our Women in Investment Management Network (WIMN). In addition, our Programs and Education Advisory Council identified relevant industry content, current trends, topics and learning opportunities for the benefit of members, candidates and local investment professionals.

CFA Society Boston’s 2017-2018 Programs

Meet Up: Alpha from Overhead - Spaceborne Insights Come of Age

CFA Society Boston’s 2017-2018 Programs

Research Challenge Kickoff Meeting

CFA Society Boston’s 2017-2018 Programs

Meet Up:  For Whom the Bell Tolls - Asset Allocation and Capital Markets Outlook for 2018

CFA Society Boston’s 2017-2018 Programs

Meet Up: Alpha from Overhead - Spaceborne Insights Come of Age

CFA Society Boston’s 2017-2018 Programs

Research Challenge Company Presentation

CFA Society Boston’s 2017-2018 Programs

Meet Up: Financial Market History - A Comprehensive Guide for Investment Professionals

CFA Society Boston’s 2017-2018 Programs

Tales From The Antiques Road Show and Anecdotes of the Current Auction Market

CFA Society Boston’s 2017-2018 Programs

Meet Up: The Evolution of the CIPM Program - A Differentiator

CFA Society Boston’s 2017-2018 Programs

Charter Awards Ceremony

CFA Society Boston’s 2017-2018 Programs

Sustainable Investing Seminar

CFA Society Boston’s 2017-2018 Programs

PRI Survey and Workshop

CFA Society Boston’s 2017-2018 Programs

CFA Society Boston December Level I Practice Exam

CFA Society Boston’s 2017-2018 Programs

Meet Up:  The Spirits Industry - A Tasting

CFA Society Boston’s 2017-2018 Programs

Why is Wage Growth so Low… and Will it Stay that Way?

CFA Society Boston’s 2017-2018 Programs

Investment Roundtable

CFA Society Boston’s 2017-2018 Programs

Resiliency and Climate Planning in Boston

CFA Society Boston’s 2017-2018 Programs

Meet Up:  The Outsiders and Dear Chairman

CFA Society Boston’s 2017-2018 Programs

Annual Market Dinner featuring Dr. Madeleine K. Albright

CFA Society Boston’s 2017-2018 Programs

Meet Up:  A Multi-Player Game - Theoretic Approach to Modeling the Global Capital Markets

CFA Society Boston’s 2017-2018 Programs

The Wisdom of Finance: Discovering the Humanity in the World of Risk and Return with Richard Michaud

CFA Society Boston’s 2017-2018 Programs

Geopolitical Risk Training for Investors and CFA Charterholders

CFA Society Boston’s 2017-2018 Programs

Meet Up:  Demographics Destiny

CFA Society Boston’s 2017-2018 Programs

Second Annual Boston GIPS Forum

CFA Society Boston’s 2017-2018 Programs

Finance's Wrong Turn: A Revisionist View of Modern Finance in Practice

CFA Society Boston’s 2017-2018 Programs

Women in Investment Management Network's Networking Reception

CFA Society Boston’s 2017-2018 Programs

Meet Up: Bottom Up Macro

CFA Society Boston’s 2017-2018 Programs

Mastering Leadership Initatives - Creating Exceptional Business Leaders

CFA Society Boston’s 2017-2018 Programs

Harvard Investment Management Workshop Mini-Case

CFA Society Boston’s 2017-2018 Programs

Putting Emotional Finance To Work

CFA Society Boston’s 2017-2018 Programs

CFA Society Boston June Practice Exam - Levels I, II & III

CFA Society Boston’s 2017-2018 Programs

Mentorship Program Mentee Lunch

CFA Society Boston’s 2017-2018 Programs

Meet Up: Asset Allocation: Fallacies, Challenges and Solutions

CFA Society Boston’s 2017-2018 Programs

CFA Society Boston Annual Meeting & Reception

CFA Society Boston’s 2017-2018 Programs

Introduction to Data Science for Finance

CFA Society Boston’s 2017-2018 Programs

I'm Not Taking the CFA Exam Party

BUILDING
A SOLID
MEMBERSHIP


Approximate number of program registrations


100

Actual number of programs                                                       


35

Approximate number of Annual Market Dinner attendees


750

Total Members

2017


5,000

2018


5,000

Increase in Membership


0

% of Charterholders

2017


70.0

2018


70.0

Member Gender

Member Age Ranges (2018)

Member Top Employers

Membership Retention

2017 2018
CFA Society Boston 92% 94%
Eastern US 91% 93%
Americas 92% 93%
Society Global 91% 91%
CFA Institute 94% 94%

Number of CFA Candidates

December 2017 Level I 1,342
June 2018 Level I 1,425
June 2018 Level II 1,219
June 2018 Level III 739

Mentorship Program

Mentor/Mentee Pairings


35

FINANCIALS

CFA Society Boston Income

CFA Society Boston Expenses

CFA Society Boston
FY 2018 Budget Summary
(7/1/18 - 6/30/18)

Item FY2018 Forecast
Income
Reserves and Other Income $ 95,000 5%
Programs and Events $ 240,311 14%
Membership dues $ 835,000 47%
Education and Conferences $ 60,000 3%
CFA Candidate Prep $ 315,000 18%
CFA Institude Funding $ 214,500 12%
Total Income $ 1,759,811
Expense
Education and Conferences $ 70,535 4%
CFA Candidate Prep $ 85,900 5%
Programs and Events $ 397,109 24%
Operations/G&A $ 1,085,000 65%
Member Special Projects $ 32,500 2%
Total Expense
$ 1,671,044
Net Ordinary Income $ 88,767
Investment Income $ 150,000
Net Income $ 238,767
Total Cash and Investments $ 4,283,732

BUILDING
THE FUTURE
OF FINANCE


CFA Society Boston is committed to enhancing the future of finance and places an emphasis on university and CFA candidate outreach. To prepare the next generation of finance professionals, students from 8 local universities competed on a global level in our annual Investment Research Challenge. We also hosted CFA designation information sessions, offered review classes to advance the charter, and made our Practice Exam available to over 3,000 candidates and 45 local CFA Institute societies worldwide.

Number of local colleges and universities participating in CFA Institute Local Research Challenge:

8

Evolution exam

The Fletcher School at Tufts University’s team, winners of the 2018 Annual Local CFA Institute Local Research Challenge, hosted by CFA Society Boston.

BUILDING
THE FUTURE
OF CFA SOCIETY
BOSTON


Now in year two of a three-year strategic plan, CFA Society Boston’s Board of Directors continues to connect our efforts to the following three main goals:

1. Member Value

Deliver exceptional value and relevance to current and future members.

2. Membership Growth & Engagement

Stimulate growth and engagement by understanding member demographics and needs to deliver a unique experience at every stage of the career life cycle.

3. Advocacy and Brand Awareness

Be a unified voice in the investment management industry with a strong and recognized brand that elevates the profession and advocates for the investing public.

CFA Society Board of Directors 2017-2018

Mission

“The mission of CFA Society Boston is to be a community of investment professionals that promotes the highest ethical standards, best practices and professional development of current and future members, for the benefit of clients and the broader investing public.”

2017-2018
BOARD OF
DIRECTORS


Board member

Jeffrey B. Augustine, CFA, CFP®, Chair

Augustine Financial Solutions LLC

Board member

Brent Bell, CFA, FRM, Director (2018)

State Street Global Advisors

Board member

Lisa L. Chioffi, CFA, Director (2020)

Reynders McVeigh Capital Management

Board member

Hugh L. Crowther, Director (2018)

Crowther Investment

Board member

Susan E. Farris, CFA, Treasurer

CIBC Atlantic Trust

Board member

Robert J. Fernandez, CFA, Chair of Education and Programs

Breckinridge Capital Advisors

Board member

Leah M. Hirshfield, CFA, Secretary

Wells Fargo

Board member

George R. Hoguet, CFA, FRM, Immediate Past Chair

Chesham Investments, LLC

Board member

Erinn R. King, CFA, Vice Chair

Payden & Rygel

Board member

Stephen R. Petersen, CFA, Director (2020)

Seaward Management

Board member

Scott D. Stewart, CFA, PhD, Past Chair

Cornell University

Board member

Christine L. Todd, CFA, Director (2018)

Neighborly Investments

Board member

Emery A. Trahan, CFA, Director (2019)

Northeastern University

Board member

Michael G. Trotsky, CFA, Director (2019)

PRIM

Board member

Vitaly Veksler, CFA, Director (2019)

Beyond Borders Investment Strategies (BBIS)

Board member

Pamela G. Yang, CFA, CPA, Past Chair

Harvard Management Company

Board member

Heather M. Young, CFA, Director (2020)

Loomis, Sayles & Company L.P.

CFA SOCIETY
BOSTON
STAFF


Board member

Jeanne W. Wolf, CAE

Executive Director

Board member

Stephanie K. Field

Managing Director, Learning and Operations

Board member

George G. Dudley

Director of Marketing and Communications

Board member

Caitlin M. Goudreau

Events and Online Community Manager

Board member

Dary D. Burgos

Membership and Administrative Coordinator

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member Board member

Our Sponsors

CFA Society Boston extends a special Thank You to our valued sponsors who helped us bring cutting edge topics, world-renowned speakers, and local experts to Boston’s Investment Community through our programs and events.

Board member

VOLUNTEERS


Filter by

Ad Hoc Volunteers

Alex Helter, CFA, FRM, CAIA, CIPM
Alexander Dyson, CFA
Brad Rutan, CFA
Brian Eddy, CFA, CFP®
Daniel Potvin, CFA
Debi Deyo Rossi, CIPM
Dionne Green, CFA
Hayk Khachikyan, CFA
Hussein Ali
Ian Roke, CFA
Jamie Ebersole, CFA, CFP
Janet Wheeler, CFA
Johnny Sze, CFA
Johnny Yong, CFA
Jose Cortez, CFA
Kiersten Christensen, CFA
Kishore Yalamanchili, CFA
Mahesh Jayakumar, CFA
Manasi Vora
Maria Zarro
Mark Weinburg, CFA
Megan Scipione
Michael Bean, CFA
Mike Tropeano, CFA
Noel Samu, CFA
Richard O'Neill, CFA, CAIA
Robert Segal, CFA
Robert Woodbury, CFA
Roger Bel
Santi Chandra, CFA
Seth Muriph, CFA
Shahriar Khaksari, CFA
Shiya Pan
Srikanth Burra
Stephen Gaudette, CFA
Stephen Johnston, CAIA
Stephen Weiss, CFA
Steven Wang, CFA
Susan Farris, CFA
Tony Henderson, CFA
Vaithehi Muttulingam, CFA
Vikrant Mathur, CFA
Xi Zhao, CFA
Yotam Mendlinger, CFA, CAIA

Advisory Council

Brent Bell, CFA, FRM
Edwin D. Everett, CFA
Justin T. Klosek, CFA
Michael J. Greis, CFA
Peter B. Enyeart, CFA
Richard O. Michaud, PhD
Robert J. Fernandez, CFA
Timothy Reardon, CFA
Vitaly Veksler, CFA

Member Community Ambassadors

Brandon P. Parrish, CFA, CFP
Bruce G. Picard, Jr., CFA
Constance M. Everson, CFA
Dulari D. Pancholi, CFA, CAIA
Edwin D. Everett, CFA
Erinn R. King, CFA
Eskandar Sadeghi, CFA
Hugh L. Crowther
John N. Lenz
Joseph B. Hosler, CFA
Leah M. Hirshfield, CFA
Michael E. Mullin, CFA
Michael J. Greis, CFA
Raymond J. Sicard, CFA, CFP®
Robert F. Kania, Jr., CFA
Susan E. Farris, CFA
Susana Ngan, CFA, CFP
Timothy Reardon, CFA
Todd J. Mulligan, CFA, CFP®
Vitaly Veksler, CFA

Data Analysis Task Force

Alexander Dyson, CFA
Andrew Blute, CFA
Ching Tan, CFA
Debi Deyo Rossi, CIPM
Donald Wyse, CFA
Harsh Vahalia, CFA
Hugh Crowther
John DiFonzo, CFA
Johnny Yong, CFA
Kishore Yalamanchili, CFA
Lincoln Webber, CFA
Lorraine Chong, CFA
Michael Bean, CFA
Mike Tropeano, CFA
Srikanth Burra
Steven Wang, CFA
Walter Hartford, CFA
William Vahey, CFA, CMT
Xi Zhao, CFA

Financial Literacy

Alexandra Anastos, CFA
Alice C. Avanian, CFA, Co-Chair
Allison K. Ryder, CFA
Allysen Mattison, CFA
Angelo Lobosco, CFA
Anthony R. Henderson, CFA
Ariel Fromer Babcock, CFA
Athanasios N. Metropoulos, CFA
Augustine Roy Backer, CFA
Barbara Lobosco
Bradford T. Rutan, CFA
Brian E. Dies, CFA, ASA
Brian J. Quinn, CFA
Bruce D. George, CFA, CAIA
Catherine D. Ryan, CFA
Catherine Feddersen, CFA
Charles Engle, Jr., CFA
Conor W. McCarthy, CFA
Craig E. Goryl, CFA
Craig Letendre, CFA, CAIA
Daniel J. Marean, CFA
Daniel R. Shipman
Debi Deyo Rossi, CIPM
Derek R. Engelking, CFA
Drew LoRusso
Edward R. Walter, CFA
Edwin D. Everett, CFA
Elizabeth Kenyon, CFA
Emily J. Moran, CFA
Glenn T. Migliozzi, CFA
H. Anthony S. Shufflebotham, CFA
Harsh Vahalia, CFA
Husseen Ali
Jacob Convicer, CFA
James E. Thorsen
James R. McCartney, IV, CFA
Janet G. Wheeler, CFA
Jeremiah K. Holly, Sr.
Jessamyn L. Norton, CFA
John J. DiFonzo, CFA
John R. Cranston
Johnny Sze, CFA
Johnny Y. Yong, CFA
Kevin J. Sullivan, CFA, CAIA
Leah M. Hirshfield, CFA
Leigh B. Hurd, CFA
Maria C. Zarro
Mark E. Weinburg, CFA
Mark W. Bresnahan, CFA
Matthew G. Brady, CFA
Megan Scipione
Michael E. Mullin, CFA
Michael F. Dunn, CFA
Michael G. Bean, CFA
Michael M. Spencer, CFA
Michelle A. Shell, CFA
Nathan M. Corey, CFA
Noel Samu, CFA
Patricia A. Clarke
Paul R. Shifflet, CFA
Paul Roy, CFA
Rachel C. Sykes, CFA
Raymond J. Sicard, CFA, CFP®
Robert B. Segal, CFA
Robert F. Kania, Jr., CFA
Robert Guiliano
Rod M. Gallagher, CFA
Roger J. Bel, III
Santi E. Chandra, CFA
Scott E. Couto, CFA
Sean D. Fullerton, CFA
Seth Muriph, CFA
Shaan Duggal, CFA
Shawn B. O'Brien, CFA
Shiya Pan
Stephanie C. Torski, CFA
Stephen C. Gaudette, CFA
Stephen H. Weiss, CFA
Stephen Johnston, CAIA
Steven Dray, CFA, CFP®
Susan E. Farris, CFA
Susana Ngan, CFA, CFP
Suzanne E. Norman
Timothy So, CFA
Usha Shah
Valentina Bersani, CFA
Victoria Wang
Vijay Sinha
Vikrant Mathur, CFA
Viktor B. Vasilev, CFA
Walter W. Hartford, CFA
Wenliang Hou, CFA
William D. Krause, CFA, Co-Chair
William Eric Wimer, CFA
Xi Zhao
Ying Hu, CFA
Yotam Mendlinger, CFA, CAIA

Member Value

Adam Sherman, CFA
Aditya Agrawal, CFA
Augustine Roy Backer, CFA
Bradley J. Ursillo, CFA
Brian T. Eddy, CFA, CFP®
Craig Letendre, CFA, CAIA
David Milkes, CFA, CPA
Edwin D. Everett, CFA
Eric W. Solfisburg, CFA
Francesco Draetta, CFA, FRM, CAIA
John N. Lenz
Leah M. Hirshfield, CFA, Chair
Manasi Vora
Marilyn Mendel Han
Robert S. Woodbury, CFA
Santi E. Chandra, CFA
Theresa A. Hamacher, CFA
Todd J. Mulligan, CFA, CFP®
Vaithehi Muttulingam, CFA

Practice Exam Contributors

Abbas Kazemi, CFA, Writer
Adam Cook, CFA, Writer
Bill Richardson, CFA, Level II Coordinator
Brian Eddy, CFA, CFP®, Writer
Ching Tan, CFA, Writer
Damian Uebelhoer, CFA, Writer
David Hines, CFA, Level I Coordinator
Drew Peterson, CFA, Writer
Eric Biegelesien, CFA, Writer
George Mellman, CFA, Writer
Heather Young, CFA, Writer
Lee Souter, CFA, Writer
Mark Ross, CFA, Writer
Peter Lert, CFA, Writer
Quincy Benjamin Hershey, CFA, Writer
Richard McCarthy, CFA,
Saman Kiri, CFA, Writer
Steve Ng, CFA, Writer
Sumit Kundu, CFA, Writer
William Keim, CFA, Level III Coordinator

Women in Investment Management Network (WIMN)

Eileen Durey, Co-Chair
Ilonna J. Rimm, MD, PhD, CFA
Karina Funk, CFA
Kenechukwu E. Anadu, CFA, CAIA
Michael J. Greis, CFA, Co-Chair
Sean D. Fullerton, CFA
William W. Klein, CFA
Ying Hu, CFA

Young Leaders

Andrew Gromer, CFA
Andrew H. Blute, CFA
Athanasios N. Metropoulos, CFA
Corey P. Son, CFA
Daniel R. Shipman
Emily J. Moran, CFA
Husseen Ali
James Bolante, CFA, CAIA, Chair
John A. Tosi, CFA, CMT, CAIA
Jordan Dana Burleigh, CFA
Leah M. Hirshfield, CFA
Martin E. Loew, CFA
Matthew G. Brady, CFA
Minela Gacanovic, CFA
Naqash Ali
Nicholas DiRienzo
Noam Pitsker, CFA
Paul R. Shifflet, CFA
Srikanth Burra
Valentina Bersani, CFA
William C. Dickson, II, CFA
William W. Klein, CFA

CFA Institute Research Challenge Contributors

Alice Avanian, CFA
Andrew H. Blute, CFA
Christopher N. Argyople, CFA
Dave P. Wellinghoff, CFA
Eric G. Warasta, CFA
Glenn T. Migliozzi, CFA
Ilonna J. Rimm, MD, PhD, CFA
James Garrett, CFA
Jeffrey Augustine, CFA, CFP
Mahesh Jayakumar, CFA
Mark E. Weinburg, CFA
Mark O. Rye, CFA
Pamela G. Yang, CFA, CPA
Peter Cameron Hyzer, CFA
Robert M. Spivey

THANK YOU

This has been a remarkable year during which CFA Society Boston has been able to offer opportunities for development, networking, and advancement to our members, the entire investment profession, and the local community. I would like to thank my fellow board directors, our volunteers, staff, and most of all, our members – it would not have been possible without your dedication.

As George Bernard Shaw once said, “Life is no ‘brief candle’ for me. It is a sort of splendid torch which I have got hold of for the moment, and I want to make it burn as brightly as possible before handing it on to future generations.” It has been an honor for me to serve as the Chair of CFA Society Boston’s Board of Directors. Thank you for the opportunity to hold onto this splendid torch for the past year. With gratitude and respect, I now pass it on with trust, hope, and confidence.

- Jeffrey B. Augustine, CFA, CFP® | Chair of CFA Society Boston’s Board of Directors, 2017-2018