{"id":554,"date":"2025-12-30T14:31:51","date_gmt":"2025-12-30T14:31:51","guid":{"rendered":"https:\/\/herpowerweb.com\/cfap\/?page_id=554"},"modified":"2026-05-09T01:10:58","modified_gmt":"2026-05-09T01:10:58","slug":"research-foundation","status":"publish","type":"page","link":"https:\/\/herpowerweb.com\/cfap\/insights\/research-foundation\/","title":{"rendered":"Research Foundation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"554\" class=\"elementor elementor-554\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c15d030 e-con-full e-flex e-con e-parent\" data-id=\"c15d030\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-547cc7b e-con-full e-flex e-con e-child\" data-id=\"547cc7b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7e55e46 elementor-widget elementor-widget-heading\" data-id=\"7e55e46\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">CFA Institute Research Foundation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89e27fa elementor-widget elementor-widget-heading\" data-id=\"89e27fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Independent, high-quality research for prudent investment decisions.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b76907 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"5b76907\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Support Research Excellence \u2013 Donate Today<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2663de2 e-flex e-con-boxed e-con e-parent\" data-id=\"2663de2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1c996f6 e-con-full e-flex e-con e-child\" data-id=\"1c996f6\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-924b711 elementor-widget elementor-widget-heading\" data-id=\"924b711\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Providing independent, high-quality research to infuse the finance community with knowledge, education, and ideas for better investment decision-making.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a9518ce e-flex e-con-boxed e-con e-parent\" data-id=\"a9518ce\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-14b1caf e-con-full e-flex e-con e-child\" data-id=\"14b1caf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bdb7f30 elementor-widget elementor-widget-image\" data-id=\"bdb7f30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"662\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/reacherch-1024x662.webp\" class=\"attachment-large size-large wp-image-1158\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/reacherch-1024x662.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/reacherch-300x194.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/reacherch-768x497.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/reacherch.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-666a15b elementor-widget elementor-widget-heading\" data-id=\"666a15b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Strengthening Pension Savings in Emerging Markets: The Role of Behavioral and Technological Tools<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97ea0fc elementor-widget elementor-widget-heading\" data-id=\"97ea0fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">By Carolina Cabrita Felix, PhD, and Seda Peksevim, PhD<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c778e02 e-con-full e-flex e-con e-child\" data-id=\"c778e02\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ab38105 elementor-widget elementor-widget-image\" data-id=\"ab38105\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"602\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_Taylor_FiveFinancialEras_card-image-1024x602.webp\" class=\"attachment-large size-large wp-image-1011\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_Taylor_FiveFinancialEras_card-image-1024x602.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_Taylor_FiveFinancialEras_card-image-300x176.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_Taylor_FiveFinancialEras_card-image-768x451.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_Taylor_FiveFinancialEras_card-image.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-43e6414 elementor-widget elementor-widget-heading\" data-id=\"43e6414\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Five Financial Eras: How Financial Markets Transformed the World<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-315237c elementor-widget elementor-widget-heading\" data-id=\"315237c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">By Bryan Taylor, PhD, Chief Economist at Global Financial Data<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5108795 e-con-full e-flex e-con e-child\" data-id=\"5108795\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-18e62f1 elementor-widget elementor-widget-image\" data-id=\"18e62f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"627\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_StocksfortheLongRunRevisited_Brief-thumbnail-cards.v2jpg-1024x627.webp\" class=\"attachment-large size-large wp-image-940\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_StocksfortheLongRunRevisited_Brief-thumbnail-cards.v2jpg-1024x627.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_StocksfortheLongRunRevisited_Brief-thumbnail-cards.v2jpg-300x184.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_StocksfortheLongRunRevisited_Brief-thumbnail-cards.v2jpg-768x470.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/RF_StocksfortheLongRunRevisited_Brief-thumbnail-cards.v2jpg.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66ec233 elementor-widget elementor-widget-heading\" data-id=\"66ec233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Stocks for the Long Run Revisited: Dividends and \u201cThe Return Nobody Got\u201d<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-930ae16 elementor-widget elementor-widget-heading\" data-id=\"930ae16\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">By Paul McCaffrey. Forward by Laurence B. Siegel<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cb03693 e-con-full e-flex e-con e-child\" data-id=\"cb03693\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b45820a elementor-widget elementor-widget-image\" data-id=\"b45820a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/Celebrating-LP-Thumb-RF-1024x576.webp\" class=\"attachment-large size-large wp-image-947\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/Celebrating-LP-Thumb-RF-1024x576.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/Celebrating-LP-Thumb-RF-300x169.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/Celebrating-LP-Thumb-RF-768x432.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/Celebrating-LP-Thumb-RF.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac7a4d8 elementor-widget elementor-widget-heading\" data-id=\"ac7a4d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Browse More Research Foundation Content<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-64673a6 e-flex e-con-boxed e-con e-parent\" data-id=\"64673a6\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-ac36c4e e-con-full e-flex e-con e-child\" data-id=\"ac36c4e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-31ed7eb elementor-widget elementor-widget-image\" data-id=\"31ed7eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"110\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/CEX1165-RF-Donation-Banner-1-768x110.webp\" class=\"attachment-medium_large size-medium_large wp-image-994\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/CEX1165-RF-Donation-Banner-1-768x110.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/CEX1165-RF-Donation-Banner-1-300x43.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/CEX1165-RF-Donation-Banner-1-1024x147.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/CEX1165-RF-Donation-Banner-1.webp 1152w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f8f0510 e-flex e-con-boxed e-con e-parent\" data-id=\"f8f0510\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-fce6e89 e-con-full e-flex e-con e-child\" data-id=\"fce6e89\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8737623 elementor-widget elementor-widget-image\" data-id=\"8737623\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/sedaepsisode-1-guest-wide-1024x576.webp\" class=\"attachment-large size-large wp-image-1235\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/sedaepsisode-1-guest-wide-1024x576.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/sedaepsisode-1-guest-wide-300x169.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/sedaepsisode-1-guest-wide-768x432.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/sedaepsisode-1-guest-wide.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e2ba7e elementor-widget elementor-widget-heading\" data-id=\"2e2ba7e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Video<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-522b7c6 elementor-widget elementor-widget-heading\" data-id=\"522b7c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">How LLMs Transform Investment Workflows: Fine-Tuning, RAG &amp; Agents<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-944c763 elementor-widget elementor-widget-heading\" data-id=\"944c763\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">With Francesco Fabozzi, PhD, Managing Editor of the Journal of Financial Data Science (Part 2 of 2)<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3598deb e-con-full e-flex e-con e-child\" data-id=\"3598deb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dcb8ff3 elementor-widget elementor-widget-image\" data-id=\"dcb8ff3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/FTEx-Brown-wide-1024x576.webp\" class=\"attachment-large size-large wp-image-1236\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/FTEx-Brown-wide-1024x576.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/FTEx-Brown-wide-300x169.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/FTEx-Brown-wide-768x432.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/FTEx-Brown-wide.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8d982dc elementor-widget elementor-widget-heading\" data-id=\"8d982dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Video<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5aeec0 elementor-widget elementor-widget-heading\" data-id=\"b5aeec0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">How NLP Evolved: From Word Counts to Transformers<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09bf79c elementor-widget elementor-widget-heading\" data-id=\"09bf79c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">With Francesco Fabozzi, PhD, Managing Editor of the Journal of Financial Data Science (Part 1 of 2)<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d266c09 e-con-full e-flex e-con e-child\" data-id=\"d266c09\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f14980f elementor-widget elementor-widget-image\" data-id=\"f14980f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/financial-thought-exchange-podcast-1024x576.webp\" class=\"attachment-large size-large wp-image-944\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/financial-thought-exchange-podcast-1024x576.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/financial-thought-exchange-podcast-300x169.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/financial-thought-exchange-podcast-768x432.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/02\/financial-thought-exchange-podcast.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e981e7 elementor-widget elementor-widget-heading\" data-id=\"4e981e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Financial Thought Exchange Podcast<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7702837 elementor-widget elementor-widget-heading\" data-id=\"7702837\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">The Financial Thought Exchange Podcast offers listeners invaluable insights from top financial thought leaders across various sectors.<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6f779bd e-con-full e-flex e-con e-child\" data-id=\"6f779bd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-216b568 elementor-widget elementor-widget-image\" data-id=\"216b568\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"555\" height=\"291\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/stephen-brown-webinar.jpg\" class=\"attachment-large size-large wp-image-1259\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/stephen-brown-webinar.jpg 555w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/05\/stephen-brown-webinar-300x157.jpg 300w\" sizes=\"(max-width: 555px) 100vw, 555px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8724480 elementor-widget elementor-widget-heading\" data-id=\"8724480\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">The Efficient Markets Hypothesis and the Professional Status of the Investment Management.<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1adadd1 elementor-widget elementor-widget-heading\" data-id=\"1adadd1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">With Stephen Brown, PhD, 2025 Vertin Award Winner - watch the recording.<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-18f3bde e-con-full e-flex e-con e-child\" data-id=\"18f3bde\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3ec02d3 elementor-widget elementor-widget-image\" data-id=\"3ec02d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/mentoring-101-1443669146-1024x683.webp\" class=\"attachment-large size-large wp-image-1176\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/mentoring-101-1443669146-1024x683.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/mentoring-101-1443669146-300x200.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/mentoring-101-1443669146-768x512.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/mentoring-101-1443669146.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cfd08bb elementor-widget elementor-widget-heading\" data-id=\"cfd08bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Research Foundation Board of Trustees<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ab2156 elementor-widget elementor-widget-heading\" data-id=\"3ab2156\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">CFA Institute Research Foundation Trustees are diverse finance experts, chosen annually for their varied backgrounds and global perspectives.<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a4b5f2e e-con-full e-flex e-con e-child\" data-id=\"a4b5f2e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-56068a2 elementor-widget elementor-widget-image\" data-id=\"56068a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"480\" height=\"454\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/Brown-Vertin-Award-1.webp\" class=\"attachment-large size-large wp-image-1177\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/Brown-Vertin-Award-1.webp 480w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/Brown-Vertin-Award-1-300x284.webp 300w\" sizes=\"(max-width: 480px) 100vw, 480px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d67001 elementor-widget elementor-widget-heading\" data-id=\"4d67001\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Vertin Award<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97e3119 elementor-widget elementor-widget-heading\" data-id=\"97e3119\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">This award was established in 1996 to honor James R. Vertin, CFA, for his outstanding leadership in promoting excellence and relevancy in research and education.<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bb83e43 e-flex e-con-boxed e-con e-parent\" data-id=\"bb83e43\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-79a8761 e-con-full e-flex e-con e-child\" data-id=\"79a8761\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59bb7c0 elementor-widget elementor-widget-heading\" data-id=\"59bb7c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Connect with Us<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-299289c e-con-full e-flex e-con e-child\" data-id=\"299289c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8e87a48 elementor-widget elementor-widget-image\" data-id=\"8e87a48\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/finance-technology-purple-swoosh-1024x768.webp\" class=\"attachment-large size-large wp-image-1186\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/finance-technology-purple-swoosh-1024x768.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/finance-technology-purple-swoosh-300x225.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/finance-technology-purple-swoosh-768x576.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/finance-technology-purple-swoosh.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7aa0aaa elementor-widget elementor-widget-heading\" data-id=\"7aa0aaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">LinkedIn<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a10470c elementor-widget elementor-widget-heading\" data-id=\"a10470c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Follow CFA Institute Research Foundation on LinkedIn<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5cc7cb5 e-con-full e-flex e-con e-child\" data-id=\"5cc7cb5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cc94b5e elementor-widget elementor-widget-image\" data-id=\"cc94b5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/blue-social-media-bubbles-1024x576.webp\" class=\"attachment-large size-large wp-image-1187\" alt=\"\" srcset=\"https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/blue-social-media-bubbles-1024x576.webp 1024w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/blue-social-media-bubbles-300x169.webp 300w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/blue-social-media-bubbles-768x432.webp 768w, https:\/\/herpowerweb.com\/cfap\/wp-content\/uploads\/2026\/03\/blue-social-media-bubbles.webp 1152w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-622f8bd elementor-widget elementor-widget-heading\" data-id=\"622f8bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">X (Twitter)<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4259dfa elementor-widget elementor-widget-heading\" data-id=\"4259dfa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Follow @CFAResearchFndn<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CFA Institute Research Foundation Independent, high-quality research for prudent investment decisions. Support Research Excellence \u2013 Donate Today Providing independent, high-quality [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":14,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-554","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/pages\/554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/comments?post=554"}],"version-history":[{"count":70,"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/pages\/554\/revisions"}],"predecessor-version":[{"id":1262,"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/pages\/554\/revisions\/1262"}],"up":[{"embeddable":true,"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/pages\/14"}],"wp:attachment":[{"href":"https:\/\/herpowerweb.com\/cfap\/wp-json\/wp\/v2\/media?parent=554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}