855-516-1090 FOR IMMEDIATE RELEASE Joan Hecker CFA Society St Louis 314.520.3564 or email info@stlouis.cfasociety.org CFA Society St Louis Hosts Regional College Team Research Challenge Live Final Reports on Feb 25 At Ritz-Carlton Clayton Hotel Auditorium (St Louis, MO) – February 21, 2022: Chartered Financial Analysts Society of St Louis (CFA STL) will host its 2022 regional college team Research Challenge live final presentations at The Ritz-Carlton Clayton Hotel Auditorium on February 25 with six college teams from Washington University, Saint Louis University, Lindenwood University and Webster University. CFA STL, one of many Societies of the CFA Institute, the global association of investment professionals made up of portfolio managers, investment advisors, educators and other financial professionals, hosts the local level of this regional competition every winter. During the local round, teams of three to five students from CFA STL’s leading universities in both the public and private sector will compete for a place in the regional competition, while the Global Final will be held in New York City in May 2022. CFA STL president, Kat McGrath, said, “We are very excited to host this competition for the 8th consecutive time.” The CFA Research Challenge is a competition that tests the equity research and valuation, investment report writing, and presentation skills of university students. This annual educational initiative promotes best practices in equity research among the next generation of financial analysts through hands-on mentoring and intensive training in company analysis and presentation skills and it will be an excellent opportunity for St Louis regional students to take part in this global competition. CFA Research Challenge provides opportunities for undergraduate students to take part in a regional competition which offers students the unique opportunity to develop and present an equity research report and to promote best practices in equity research among the next generation of financial analysts. (cont’d) CFA Society St Louis Hosts Regional Research Challenge Live Finals Page Two McGrath added that the competition requires hours of preparation, with participants receiving- guidance from an industry mentor and a faculty advisor as they analyze a publicly-traded company, write a professional research report, and present their research results and recommendations to a panel of experts. Points are awarded to teams based on their investment case, their poise, and their ability to answer the or groups of volunteer’s judges’ questions. The teams are sponsored by CFA STL. CFA STL Research Challenge Committee Chair, Joe Lachky, said that the global competition attracted more than 5,000 students from 900 plus universities in 91 countries, 3,000 plus volunteers, 150 plus CFA Societies and 113 local challenges were held during the 2021 competition year. The local challenge winners compete at the sub-regional and regional levels prior to progressing to compete at the Global Final. At the regional and global stages of the Research Challenge, teams are evaluated solely on their presentations. About CFA Society of St Louis: CFA Institute is a global, nonprofit member organization of financial analysts, portfolio managers, and other investment professionals. The mission of CFA Society St. Louis (CFA-STL) is to advance the investment profession by promoting the highest standards of ethical behavior, professional competency and the value of the CFA charter for the benefit of our community. CFA Society St. Louis (CFA-STL) currently has over 620 members. Over 80% of our membership holds the Chartered Financial Analyst designation, filling the roles of Portfolio Manager, Research Analyst, Consultant, Chief Executive and Financial Advisor across the Greater St Louis region. For membership & special event information, visit CFA Society of St Louis’ website at www.cfasociety.org/stlouis, and like us on facebook and LinkedIn. You may also call Executive Director, Joan Hecker, at 314.520.3564 or email info@stlouis.cfasociety.org ###