CFA Connect The Newsletter of the CFA Society of Minnesota |
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| Main Event: |
March 22, 2011 With Guest Speaker: Richard Davis |
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Annual Sponsors
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We appreciate all of our sponsors, including 2010-11 Annual Bronze:

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... of a Portfolio Manager
March 11, 2011
8:00 am - 11:00 am
Click HERE for more info!
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Pension & Endowment
March 15, 2011
7:30 am - 9:00 am
Click HERE for more info!
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Committee Updates |
Business Committee
Next Meeting: 03/10 @ 5:00pm
Taxes done, Chair Jessica Murray and committee are beginning development of a
long-term financial plan. Education Committe Global IRC event is this month, and Stalla classes are running. Contact Chair Jake Seltz to get involved! Next Meeting: 03/10 @ 4:00 pm EmploymentCommittee Career Day planning is underway. Contact Kristine Mogollon for more details. Next Meeting: 3/8 @ 4:00pm MembershipCommittee
Next Meeting:
3/15 @ 3:30pm This active committee is enhancing our new Mentor program and coordinating with New Charterholders. Contact Josh Howard to get invoved! Program Committee
Next Meeting:
04/2011 @ 4:00pm Have you noticed the number of great programs we've offered recently? We always welcome suggestions! Send them to Chair Kim Brustuen. Marketing Committee Next Meeting: 03/2011 Chair Karen Florez is welcoming new members to help with a number of public awareness and marking initiatives, including a media directory. |
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Global IRC Investor Relations Day
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Congratulations to our winning teams!
Challenge Winner:
U of M - Carlson
1st Runner-Up:
University of North Dakota
2nd Runner-Up: University of St. Thomas
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Support your Society!
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Is your firm interested in increased visibility while supporting your local investment community?
 Sponsor today!
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| Welcome New Members |
6 new members
joined CFA Minnesota in February. Welcome!
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| Recommended Reading |
The Power Formula for Linked-in Success
This simple, user-friendly guide explains how you can access the full power of LinkedIn -- including advice on making lasting business connections, building a unique personal brand, and generating significant business opportunities.
Remember, every time you shop at Amazon.com, use the portal on our website to support your CFA Society!
Click here for more information about this and other recommended reading available for purchase through our Amazon.com Store! Every time you shop at Amazon.com, you can support your local CFA Society. Simply purchase through our Amazon.com portal - located on our home page and our NEW Recommended Reading page.
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| HELP! |
Have you Moved?
Gotten a New Job?
New Title?
Update your Profile!
Update your CFA Account:
Our members periodically check their account information through the CFA Institute portal. However, we find that members don't always have the correct information ont their name badge at events, or sometimes discover they're missing emails. Please take a minute to update your account information.
CLICK HERE to Update your Profile today!
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| Financial Funny |  "I'm a fun loving shopaholic trapped in the body of a prudent investor." |
| Registering for Events | |
A note about event registration through our new website:
For the past year, we have been taking advantage of the registration portal provided by CFA Institute. The new system includes attendance tracking, automatic application of CE credits for members, and an estimated savings for our society of more than $10,000 per year.
Using the system is simple. Each individual registrant must have a CFA Institute website log-in name and password. All that is required is first/last name and a valid email address. Unfortunately, at this time the new system does not allow guest registration in the same way our previous application allowed. Guests are welcome, but will need to have their own user name and password. As host, you are welcome to create this account for them.
On-site registrations will be allowed as available, payable with check or by registering online on-site. |
| Networking |
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Join the CFA Minnesota Linkedin Group! | | Social Networking |
We have recently started a Facebook Group. Click here to begin networking with colleagues through this social networking utility. |
| Join Our List |
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Greetings,
It is March 1st, spring is drawing nearer and CFA Minnesota is busy again! We have nearly finalized the agenda for the 2011 Career and Professional Development Day in late April with dynamic relevant speakers, and our Marketing Committee is gearing up for the initial push of our Media Guide. Be sure to join us for our FREE St. Patrick's Day Social at Lyons Pub on March 17th, and take in some of our other events this month as we welcome warmer weather.
In the coming weeks, we have a full slate of offerings:
3/1,8,15,22,29/11 Informal CFA exam study group
3/11/11 Day in the Life of... a Portfolio Manager
3/15/11 Breakfast Before the Bell: Pensions & Endowments
3/17/11 Free Member Social at Lyons Pub
3/22/11 Ethics & Everything After with Richard Davis
And those are just our member events! Read on for more details about how to get involved. We look forward to seeing you soon.
Best Regards,
Maren Amdal
Executive Director
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Monthly Member Missive: (this month we are spotlighting on of our Career Day key-note speakers) |
The Art of Networking
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by Career & Professional Development Day key-note speaker, Cathy Paper, MA
Networking is not a one-dimensional activity. Relationships are multi-dimensional. Growing healthy relationships makes you more successful in your job search, your career and your life. Yet, 9 out of 10 people think expanding their network means pushing themselves on other people and feels "slimy." Below are several ways to grow your relationships across all generations and heighten your reputation without becoming a slick image of your authentic self.
Through the years of networking, events and book launches, here are five ways I've seen people quickly become effective at increasing the power of their relationships.
- Define your style. What kind of a person do you want to be known as? A giver, a taker, a connector, a writer, a self-promoter, a volunteer etc. Spend half an hour defining your personal brand. Ask someone you trust and respect what they think about you and how they would describe you to someone else. If they hesitate and can't answer the question, you have some work to do to be seen as a value-add.
- Get involved and give back at every level, with every age. Building relationships is not just lunch after lunch or 50 cold calls to grow your contact list. One of the best ways to get to know other people is to serve on a committee or a volunteer team. You can make a difference to an organization you are passionate about and meet great people along the way. Making connections starts with thinking about someone other than yourself.
- Start small. Five nights a week out with high hopes of business development and networking and you'll burn out. Everyone gets busy and needs to hunker down with billable time or project deadlines. The best relationship people know that being a consistent but authentic presence out and about is one of the ways to stay top of mind. So pick one night a week or a Friday lunch to get to know someone new.
- Find a wingman or wingwoman. I first learned of this concept through a New York Times article on dating. A pair would scope out a "prospect or potential date" and send one of the other people over to ask questions and talk up the other person. Brilliant. Find a person to attend an event with you and they can do your promoting for you. It's much better to have someone else say what you do and why you're amazing than to toot your own horn.
- Be strategic. Who do you want to meet? Do your homework. Sam Richter, author of Take The Cold Out Of Cold Calling, has a toolbar where you can research people and companies in great detail using the "invisible web." Before an event, research people and study the guest list if possible. You will make the most of your time and the people you meet will be impressed by your thorough knowledge.
These are just a few of the ways to build strong relationships in today's virtual world of connections. I recommend a combination of virtual connections and face to face to cement what you want most, a lifelong network to champion your work and serve as your best business development tool. Hope to see you at one of the RockPaperStar events or out about, please say hello and continue to Play Your Game and Take Inspired Action.
About, Cathy Paper, M.A.
RockPaperStar acts as the marketing and product development division for authors and small businesses. Cathy Paper, company founder, gets things done. With seventeen years of experience in leadership development, nearly 10,000 coaching hours and experience guiding hundreds of organizations through change management strategy and implementation, Paper knows how to improve people. Her quick wit and competitive spirit makes her a trusted advisor and repeat presenter for companies, individuals and associations such as Best Buy, Paramount Studios, Ameriprise, Harvey Mackay Swim With The Sharks New York Times Best Selling Author, Steven Schussler, Founder of The Rainforest Café, Sam Richter, Know More! #1 Internet Sales Expert. She holds her Master's Degree from St. Thomas in Organization Development and a BA from Williams College.
One new customer said, "Cathy really put the wind in my sails about how to build my network and expand my reach." -- Al Watts, President of Integro-Inc.com and Author of Navigating Integrity, Transforming Business as Usual Into Business at It's Best
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CFA Minnesota Media Directory
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Great New Member Asset in development!
CFAMN is embarking on an exciting new project in 2011 which has the potential to become an invaluable asset to its member base. The Media Guide is a multiyear, expansive endeavor to connect CFAMN members with others in the community looking for a better understanding of all things finance. We are excited about this great opportunity! Look for more details soon.
For more information, click here. If you'd like to get involved with the development of this resource, contact Sam Smith or Karen Florez.
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| UPCOMING SOCIETY EVENTS: |
(Register for Society events on our calendar page)
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3/22/11 - Ethics & Everything After | |
with Richard K. Davis
Chairman, President & Chief Executive Officer of U.S. Bancorp

Ethics is a cornerstone of the CFA Institute and its programs, and as such charterholders subscribe to the highest levels of ethical behavior. As an influential leader within our community and Chairman of the Financial Services Roundtable, Richard Davis will share his thoughts on the necessary changes the financial services industry should undertake to not only repair its tarnished image, but to "do the right thing."
March 22nd, 2011
7:30 AM - 9:00 AM
The Minneapolis Club
729 2nd Avenue South Minneapolis, MN 55402
For more information or to register, click HERE. |
3/17/11 - Celebrate with CFAMN! | | |
Member Social - Happy St. Patty's Day!
at Lyons Pub
Join your colleagues for a drink after work!
A great opportunity to network with board members, fellow Charterholders and candidates.
Lyons Pub
16 South Sixth Street Minneapolis, MN 55402 Event: 5:00 - 6:30 PM FREE! For more information and to register, please click HERE. |
4/28/11 - Career & Professional Development Conference
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Our employment committee is gearing up for another great event this year with speakers from around the region and the country presenting on two topic tracks with sessions such as: 1) Job Seeker - How to write a dynamite resume - Utilize Linked-in and MSP Business Journal - How & when to work with a recruiter 2) Career Development - Presentation skills: voice, style, slides - Position yourself for a promotion - Networking: On and off the screen To get involved with planning, to sponsor or exhibit or to learn more about this exciting event, contact Maren Amdal or Mike Lingvall. |
| JOB BOARD SPOTLIGHT: |
To feature an open position at your firm, click here | |
More than 20 positions currently posted! | |
Employer: Your Firm Name Here
Location: Twin Cities, MN
Each month, more than 3,750 Twin Cities Investment Professionals recieve this newsletter. Promote your open position here! For more details, Click Here.
Click here to visit the main CFAMN Job Board page. |
| WHAT DID I MISS?: |
January Events Summary
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| 02/10/11 - Communication: Best Practices | |
More than 40 members and guests joined us for a presentation by Callan & Associates speakers Anne Malloy and Megan Brinkman for a presentation on making good presentations. Our first event in Bloomington, MN we were very pleased with the event.
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| 02/17/11 - Global IRC, Local Challenge | |
After nearly a year of planning and more than 40 volunteers, your CFA Society of Minnesota hosted our first-ever local challenge of the Global Investment Research Challenge, sponsored by CFA Institute. This year, student teams from six universities first submitted written reports and then competed by giving oral presentations in front of a panel of local industry senior executives and experts with their research on Lawson, Inc.
A big congratulations goes to the University of Minnesota - Carlson, for winning this years' competition. This team will move on to compete in the Americas regional, and then the Global challenge in April in Omaha, NE.
For more information, click here. We're already beginning to prepare for next year - if you'd like to get involved, let us know!
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| INDUSTRY EVENTS: |
Other industry related associations may submit relevant listings directly to info@cfamn.org | |
| FPA Presents... March 15, 2011 | |
Modern Portfolio Theory
In this session, Michael Kitces will revisit Modern Portfolio Theory, and examine what it was - and was not - supposed to tell us about portfolio construction. We will explore some of the ways that we develop the inputs used in Modern Portfolio Theory and some problems that arise, with an eye on how portfolio construction may change in the future.
Click here for more information and to register.
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| ACG Presents ... March 15, 2011 | |
Monthly Luncheon:
From Recovery to Expansion: Back to Fundamentals
Warnings of the dangers facing holders of US municipal bonds due to state and local budget shortfalls and high debt burdens abound in the press. Will we see a rash of defaults? What is the current fiscal condition of cities and states? What are the causes of the recent volatility in the municipal bond market and should you expect it to continue? Hear Martin Atkin of Alliance Bernstein present on this topic.
Click here for more information and to register.
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| Stalla Level I & II Mock Exam and Review | |
In partnership with Stalla and The University of St. Thomas, CFA Minnesota is pleased to again provide our members with access to these live two-day Mock Exam and Review Seminars. Participate in a simulated exam experience followed by an intensive review facilitated by Stalla's team of CFA charterholders and subject matter experts.
Through this two-day seminar you will receive:
- Highly realistic test-taking experience featuring exam-like questions that you might face on the actual exam
-Immediate scoring and feedback to understand your performance by topic and relative to your peers
- Expert review of the most difficult questions, solutions, and core concepts
-Extensive problem-solving, including a take-home section for extended, self-paced practice
-Test-taking insights, tips, and strategies from CFA charterholders who know how to help you prepare to pass
-Unlimited academic support from CFA charterholders and Stalla experts through exam day
-Live seminar includes self-study webinar
Use the this link to visit the Stalla website describing the program. Self-study format also available. Cost: $250. Please contact Amy Napolski, Field Marketing Specialist for Stalla at anapolski@stalla.com or (651)797-2135 if you have any questions or if you would like more information.
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| Kaplan Schweser |

Kaplan Schweser offers online or in-class instructor-led study programs featuring valuable exam tips, study strategies, guidance and direction from the world's leading CFA curriculum and CFA exam experts. CFA Minnesota has partnered with Schweser to make this available at a 15% discount to our members.
Kaplan Schweser has helped tens of thousands of candidates pass their CFA exams. We offer the broadest array of CFA exam preparation tools available anywhere and can also help you, whatever your individual learning style and educational needs.
- Expert live, online, and multimedia instruction from the largest and most experienced staff of Finance PhDs and CFA charterholders
- SchweserNotes™ for clear and concise explanations of every Learning Outcome in the CFA curriculum
- A question bank with thousands of exam-like questions
- Six full (6-hour) practice exams for your final exam preparation
- Review seminars (live and online) and mock exams for added confidence on exam day
Receive 15% OFF select Kaplan Schweser Study Solutions and Instruction for CFA Exam review-an exclusive discount for affiliate members of the CFA Society of Minnesota.
For more information, click HERE.
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| Coming in April: BSAS Practice Exam | | |
CFA Minnesota is happy to continue our collaboration with the Boston, MA, affiliate of the CFA Institute.
Starting in April!
We will once again be offering the following for your personal use:
1) Practice Exam - US$149. A full-length, properly formatted practice exam based on CFA Institute's 2009 Body of Knowledge® which includes a detailed answer key with LOS and curriculum references and calculations.
2) Online Test Bank - as a special offer, with purchase of Practice Exam, receive FREE (a US$99 value) access to extra exam questions online: 700 Level I questions, 360 for Level II, and 180 multiple choice questions plus 30 constructed responses for Level III candidates - grouped by topical area.
Click HERE for some quick facts about this offering.
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| Study Group: Tuesday Evenings in Plymouth | | |
Level I, II & III Study Groups
What: Informal CFA study group (There are 6 Level I candidates here but all levels are welcome)
Where: Disclosure Insight (3200 Harbor Lane Plymouth, MN 55447) or Plymouth Public Library (15700 36th Avenue North Plymouth, MN 55446) depending on numbers and interest.
When: 5:30 - 7:30pm Tuesday nights
Contact: jboomgaarden@disclosureinsight.com
If you are planning to sit for any level of the CFA exam in June, 2011, we want to help you find a study group! If you are interested in establishing a group in your neighborhood (or downtown), please contact Volunteer Travis Hoium for more information.
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Annual Premier Sponsor
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Visit the online version of the Minneapolis/St. Paul Business Journal, where you'll find the latest breaking business news, updated throughout the day, some of this week's top stories from the Minneapolis/St. Paul Business Journal and other popular features from the print edition. Click Here.
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Thank You to our Annual Sponsors: | | |
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About the CFA Society of Minnesota:
Founded in 1952, the CFA Society of Minnesota is a member of the CFA Institute. It is the 16th largest society of among the 140 member societies and affiliates worldwide.
Mission: To enhance the investment profession by promoting high ethical behavior, professional excellence, and fellowship through high quality, innovative programming.
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