Tag Archives: 2015 Compensation Survey

A Letter from Your Society President – January

· · Leave a comment
Joshua M. Howard, CFA

The holidays are behind us and the busyness of life has returned for most of us. The same is true for the CFA Society, as we have a number of events on the calendar over the next few weeks. Most importantly we have our signature event of the year next week, the Annual Economic Dinner. This year’s guest speaker is Michael Pettis, a China expert who currently works and writes in Beijing. There are still tickets available and I encourage you to attend if you are able to. In addition to the dinner our calendar is full of other programming as well, including lunches, happy hours and career support, which you can access here Events Calendar.

Also, in case you missed it in December, we have released our Society Annual report and the annual Compensation Survey, which was expanded this year to include many cities in the Midwest. I encourage you to read both. Our Annual report contains our financial statement for the most recent fiscal year, among other information, and as dues paying members I hope you will take the time to review our sources of revenue and how we spend your dues. Less than 30% of our revenue comes from your member dues, though it is still the single largest source of our receipts. We spend just under half of our total revenue on staff, administration and board expenses, with the majority of our expense going directly toward programming and education for our members. The Board takes its fiscal responsibility seriously, and we attempt to offer the highest quality programming to our members while limiting increases to dues and event fees. If you have any questions about our financials please let me know.

The compensation survey is also a valuable resource, whether you are looking for a job, attempting to hire someone or moving to a different part of the region. A special thanks to all who responded to the survey, and to our Advocacy Committee for their work on collecting and analyzing this information. As always, please contact me with any questions. I look forward to seeing many of you at the Economic Dinner next week.

Joshua M. Howard, CFA
President, CFA Society Minnesota

2015 Midwest Financial Compensation Survey White Paper

· · Leave a comment
2015 Midwest Financial Compensation Whitepaper 1

Click image to download white paper

CFA Society Minnesota is pleased to share with you the comprehensive findings from the 2015 Midwest Financial Compensation Survey. The data from this research provides you, and the rest of the industry, with a unique comparison of salaries, job satisfaction, and other industry trends in the financial and investment sectors across the entire Midwest region.

We’re also pleased to have expanded this year’s survey beyond Minnesota and the Dakotas to provide data for financial and investment professionals located in Illinois, Iowa, Missouri, Nebraska, Ohio, and Wisconsin. These insights deliver not only localized compensation levels and pay structure, but also aggregate-level data for your peers for the entire region. We trust you will find this information highly valuable and insightful.

To those who completed the survey, thank you for your participation and for taking the time to provide our industry with this unique market intelligence.

 

CFA Society Minnesota Results

View the CFA Society Minnesota survey results here

2015 Financial Compensation Survey Results

· · Leave a comment

CompSurvey2015_LargeWe’re excited to release the results of our 2015 Financial Compensation Survey, the 3nd Annual in-depth look at compensation levels in Minnesota and the Dakotas, conducted by CFA Society Minnesota.

Click the image at right to download, at no charge, this white paper summarizing high-level survey findings in an easy-to-read format. In return for the white paper or for deeper data requests, please complete the contact form below. Your feedback is welcome and appreciated.

This year we expanded the survey across the entire Midwest region to include the Chicago, Cincinnati, Madison, Milwaukee, Nebraska and St. Louis markets. Coming soon will be a consolidated survey report for all these markets, providing you a directional benchmark not only against other financial and investment professionals in the Twin Cities, but also across the region.

Thanks for your interest!