Is the CFA designation worth the time and trouble?

Question

I'm happy with what I make and wonder what drives people to spend the study time for three straight years. Is it the money or does that aspect even hold true?

Answer 1

If you are happy with your career, then a CFA is not needed. CFA is normally a marketing tool to investment clients since it gives them a sense of security. It signifies that their financial adviser is competent enough to manage my money. Investment managers are normally aggressive and glory-seeking people. That is why they persue the CFA designation.