The Chartered Financial Analyst (CFA®) designation is recognized worldwide as one of the most prestigious and respected designations for investment professionals. We discuss the many benefits—to the profession, the professionals, and their clients—of professional designations in general and of the CFA designation in particular. We argue that as the number of CFA charterholders has increased, the overall integrity of the market has also increased, which has contributed to the overall increase in the value of the market since 1963. Thus, we contend, the CFA designation adds value to the market.