Physics Wallah

Companies That Hire CFA Charterholders: A List of Top Employers

More than 200,000 CFA charterholders work across leading global organizations in banking, asset management, consulting, insurance, and financial services. According to the CFA Institute, JPMorgan Chase, RBC, UBS, Bank of America, and Morgan Stanley are among the largest employers of CFA charterholders worldwide.
authorImageAnshika Agarwal1 Aug, 2026
companies-that-hire-cfa-charterholders-a-list-of-top-employers

The CFA designation is recognized by financial institutions across the world. CFA charterholders work in investment banking, asset management, equity research, consulting, wealth management, insurance, and financial advisory roles.

According to the CFA Institute, there are over 200,000 CFA charterholders worldwide, representing approximately 97% of CFA Institute members. Many of these professionals are employed by leading global financial institutions, consulting firms, investment managers, and multinational corporations.

Top Employers of CFA Charterholders

The following companies employ 300 or more CFA charterholders worldwide, based on self-reported data published by CFA Institute. Individual records may change over time as members update their employment information.

Employer

Number of CFA Charterholders

2025 Rank

Movement

JPMorgan Chase

2,582

1

Up

RBC

2,532

2

Down

UBS

2,159

3

Unchanged

Bank of America

1,680

4

Unchanged

Morgan Stanley

1,640

5

Unchanged

TD Bank

1,481

6

Unchanged

HSBC

1,424

7

Unchanged

BlackRock

1,365

8

Unchanged

Citigroup

1,365

9

Unchanged

Goldman Sachs

1,329

10

Up

BMO Financial Group

1,213

—

—

Fidelity Investments

1,198

—

—

Ernst & Young

1,188

—

—

PricewaterhouseCoopers

1,115

—

—

CIBC World Markets

1,071

—

—

Scotiabank

1,028

—

—

Allianz

1,011

—

—

Deloitte

874

—

—

Wells Fargo

850

—

—

KPMG

823

—

—

Deutsche Bank

759

—

—

BNP Paribas

698

—

—

Marsh & McLennan

692

—

—

State Street

648

—

—

Barclays

643

—

—

Manulife Financial

626

—

—

S&P Global

593

—

—

Prudential

589

—

—

T. Rowe Price

588

—

—

Invesco

554

—

—

Vanguard

553

—

—

Franklin Templeton

550

—

—

Sun Life Financial

515

—

—

Northern Trust

511

—

—

Bank of China

509

—

—

National Bank of Canada

508

—

—

Wellington Management

507

—

—

Standard Chartered

474

—

—

Sumitomo

472

—

—

Bank of New York Mellon

464

—

—

Schroders

457

—

—

Raymond James

448

—

—

Bloomberg

434

—

—

Banco Santander

433

—

—

Mitsubishi UFJ Financial

402

—

—

Morningstar

393

—

—

Macquarie

388

—

—

ICBC

387

—

—

Ameriprise Financial

385

—

—

Capital Group

384

—

—

World Bank

384

—

—

Nomura

381

—

—

Moody's

365

—

—

TIAA-CREF

362

—

—

China Merchants

357

—

—

Desjardins

355

—

—

Charles Schwab

350

—

—

Pictet

349

—

—

PNC Financial

329

—

—

ING Group

321

—

—

AllianceBernstein

306

—

—

DBS

305

—

—

Industries That Hire CFA Charterholders

CFA charterholders are employed across a wide range of industries where financial analysis, investment decision-making, and portfolio management are essential. Some of the major sectors include:

  • Investment Banking

  • Asset Management

  • Wealth Management

  • Commercial Banking

  • Private Equity

  • Hedge Funds

  • Consulting

  • Insurance

  • Credit Rating Agencies

  • Financial Data & Research

  • FinTech

  • Multilateral Institutions

Common Job Roles for CFA Charterholders

Earning the CFA charter opens opportunities in a variety of finance-related roles. Common positions include:

  • Portfolio Manager

  • Financial Analyst

  • Equity Research Analyst

  • Investment Analyst

  • Credit Analyst

  • Risk Analyst

  • Wealth Manager

  • Investment Consultant

  • Corporate Finance Manager

  • Strategy Analyst

Why Do Leading Companies Hire CFA Charterholders?

Leading financial institutions across banking, asset management, consulting, insurance, and investment firms recruit CFA charterholders because the CFA Program develops skills that are highly relevant to the finance industry. Some of the key reasons include:

  • Strong Financial Analysis Skills: The CFA curriculum builds expertise in financial reporting, valuation, equity research, fixed income, and corporate finance.

  • Focus on Investment Management: Charterholders are trained to analyse investments, manage portfolios, and make informed financial decisions.

  • Emphasis on Ethics and Professional Standards: The CFA Program places significant importance on ethical practices and professional conduct, which are highly valued by employers.

  • Global Recognition: The CFA charter is recognised worldwide, making it valuable for professionals seeking opportunities across international financial markets.

  • Industry-Relevant Knowledge: Candidates develop practical knowledge in areas such as portfolio management, derivatives, economics, risk management, and alternative investments.

Also Read
CFA Program Eligibility CFA Exam Structure
CFA Program Fees (2026–2027) CFA Career Paths

 

FAQs

Which companies hire the most CFA charterholders?

According to CFA Institute, JPMorgan Chase, RBC, UBS, Bank of America, and Morgan Stanley are among the largest employers of CFA charterholders worldwide.

How many CFA charterholders are there globally?

There are more than 200,000 CFA charterholders worldwide, representing approximately 97% of CFA Institute members.

Which industries hire CFA charterholders?

CFA charterholders work in investment banking, asset management, consulting, wealth management, insurance, financial services, and research organizations.

Do Big Four firms hire CFA charterholders?

Yes. According to CFA Institute data, Ernst & Young (EY), PricewaterhouseCoopers (PwC), Deloitte, and KPMG employ a significant number of CFA charterholders.
avatar

Get Free Counselling Today

and Clear up all your Doubts

Talk to Our Counsellor just by filling out the form.
Student Name
Phone Number
IN
+91
OTP
Join 15 Million students on the app today!
Point IconLive & recorded classes available at ease
Point IconDashboard for progress tracking
Point IconLakhs of practice questions
Download ButtonDownload Button
Banner Image
Banner Image
Free Learning Resources
Know about Physics Wallah
Physics Wallah is an Indian edtech platform that provides accessible & comprehensive learning experiences to students from Class 6th to postgraduate level. We also provide extensive NCERT solutions, sample paper, NEET, JEE Mains, BITSAT previous year papers & more such resources to students. Physics Wallah also caters to over 3.5 million registered students and over 78 lakh+ Youtube subscribers with 4.8 rating on its app.
We Stand Out because
We provide students with intensive courses with India’s qualified & experienced faculties & mentors. PW strives to make the learning experience comprehensive and accessible for students of all sections of society. We believe in empowering every single student who couldn't dream of a good career in engineering and medical field earlier.
Our Key Focus Areas
Physics Wallah's main focus is to make the learning experience as economical as possible for all students. With our affordable courses like Lakshya, Udaan and Arjuna and many others, we have been able to provide a platform for lakhs of aspirants. From providing Chemistry, Maths, Physics formula to giving e-books of eminent authors like RD Sharma, RS Aggarwal and Lakhmir Singh, PW focuses on every single student's need for preparation.
What Makes Us Different
Physics Wallah strives to develop a comprehensive pedagogical structure for students, where they get a state-of-the-art learning experience with study material and resources. Apart from catering students preparing for JEE Mains and NEET, PW also provides study material for each state board like Uttar Pradesh, Bihar, and others

Copyright © 2026 Physicswallah Limited All rights reserved.