AM in Canada - Is the CFA Required?
To those of you who work in AM in Canada. Is the CFA a requirement to manage money?
I thought I've heard before that in order to register with the OSC (or any other province) as a Portfolio Manager and handle client money, you need the CFA designation as a proof of qualification. I can't seem to find any sources on the OSC website to confirm this though.
Looking at the profiles of various PMs at large AM shops in Toronto, it would appear +95% of them have CFAs. However, not sure whether this is because it's a requirement or just because it's a "nice to have".
If you have any insight please let me know.