The value of a CFA

Integral Wealth Management is proud to announce that our very own principal and portfolio manager, Mike Abram, has earned the Chartered Financial Analyst (CFA) designation. This designation is considered one of the highest distinctions in the investment profession1. Those who successfully obtain the charter must pass a series of three increasingly complex exams that demonstrate competency in topics such as utilizing investment tools, valuing assets, portfolio management, and wealth planning2. Given that the passing rate for each exam is historically 40%-50%3, roughly 10% of candidates pass all three exams on their first attempt, as Mike has accomplished. Congratulations, Mike!

The average investment client rarely has access to the advice of a CFA charterholder. Many CFA charterholders work as chief investment officers for publicly-traded companies or manage investments for institutions like banks, hedge funds, or pension plans. Mike decided to pursue this designation to make the knowledge base and skills of a CFA charterholder available to Integral’s clients. With each portfolio he manages, Mike carefully considers the client’s unique financial picture through the lens of the following CFA curriculum focus areas:

  • interpreting economic indicators to understand the influence of macroeconomics on financial markets
  • analyzing financial statements for company fundamentals and trends
  • valuing assets using various models to determine whether assets are overvalued, undervalued, or fairly valued
  • understanding how the yield curve drives risk and return across bond investments
  • recognizing psychological influences and biases to improve financial decision-making
  • planning for generational wealth transfer and/or charitable giving while minimizing taxes

CFA charterholders also must exhibit a commitment to ethical and professional conduct by following the CFA Institute Code of Ethics and Standards of Professional Conduct. Lastly, ongoing continuing education requirements ensure CFA charterholders stay up to date with the latest research and strategies. We are proud of Mike’s commitment to excellence and the care he gives to our clients.

Sources & Disclosures

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Integral Investment Advisors, Inc. dba Integral Wealth Management is a Registered Investment Adviser. This material is for informational and illustrative purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. Advisory services are only offered to clients or prospective clients where Integral Wealth Management and its representatives are properly licensed or exempt from licensure. The views and opinions expressed in this material reflects the personal opinions, viewpoints, and analyses of Integral Wealth Management employees and/or the individual providing such comments, and should not be regarded as a description of advisory services provided by our firm or performance returns of any our firm’s clients. The views and opinions expressed in this material is subject to change at any time without notice. Nothing in this material constitutes investment advice, performance data, or any recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Our firm manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the material.

This material is developed from sources believed to be providing accurate information; no warranty, expressed or implied is made regarding accuracy, completeness, legality, reliability, or usefulness of any information. Integral Wealth Management may also provide links for your convenience throughout the material to websites produced by other providers of industry-related material. Accessing websites through links directs you away from our content. Our firm is not responsible for errors or omissions in the material on third party websites, and does not necessarily approve of or endorse the information provided. Users who gain access to third party websites may be subject to copyright and other restrictions on use imposed by those providers and assume responsibility and risk from use of those websites.

It is important to note that all investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is not a guarantee of future results. Our firm urges you to please seek advice from your licensed financial professional prior to making any investment decision.

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