Frequently Asked Questions on the CFA ...
Congratulations on passing the first two levels of the CFA® exam. If you... Read More
The CFA Level III August 2025 results were released on October 23, 2025 and the pass rate stood at 50%.
Your first three steps:
If you’ve been wondering “when are the CFA Level 3 results August 2025?”, they came out on October 23, 2025. The CFA Institute announced that 14,538 candidates sat for the August exams and 50% passed.
That’s right, one out of every two candidates made it across the finish line. The CFA Level III minimum passing score (MPS) wasn’t disclosed, as usual, but the overall performance shows how competitive this final stage remains.
If you passed, congratulations! You’ve cleared the last exam hurdle, and now it’s time to focus on how to become a CFA charterholder after passing Level 3. This next phase is less about studying and more about following the right administrative steps.
If you didn’t pass this time, don’t be discouraged.
The CFA Institute allows retabulation Level 3 2025 requests if you believe your score may have been miscalculated. The process rechecks your marks for accuracy, though it rarely changes results. If you plan to retake the exam, give yourself time to rest, reflect, and return stronger.
Now that you’ve passed, here’s what to do after passing CFA Level 3. This is your roadmap to joining the global community of CFA charterholders.
1. Join the CFA Institute
Start by joining the CFA Institute if you haven’t already. You’ll need to apply for regular membership to become a charterholder. This is the first official step in the CFA membership application process.
2. Apply for membership and select your local society
Every new member chooses a local CFA society. This connects you with other professionals, local events, and volunteer opportunities. The join local CFA society benefits include networking, learning and career support. Your application will be reviewed both by the CFA Institute and your local society.
3. Gather and submit your references
The CFA references requirements 2025 state that you’ll need two or three professional references. If one of your references is a member of your chosen society, two are enough. If not, you’ll need three. Make sure they are people who know your work well: supervisors, colleagues, or fellow finance professionals.
4. Complete your work experience
You’ll also need to meet the CFA work experience requirements:
You don’t need to be in a traditional “analyst” or “portfolio manager” role, but your experience should clearly contribute to the decision-making process.
5. Pay your dues and attest to ethics
Once your membership is ready for approval, you’ll pay your annual dues and confirm that you’ll follow the CFA Code of Ethics and Standards of Professional Conduct. Every charterholder must renew this commitment each year.
When describing your experience, focus on what you actually do and how it relates to investment decisions. Avoid vague statements like “responsible for financial analysis.” Instead, explain what kind of analysis you perform and how it impacts clients or portfolios.
Here’s an example:
“Evaluated fixed-income securities and prepared quarterly performance reports used for portfolio rebalancing decisions.”
For references, choose people who can vouch for your integrity and professional competence. Tell them about your CFA membership application process before they receive the email request, so they respond on time. Delayed references are one of the most common reasons membership approval takes longer than expected.
If you’re wondering how long to get CFA charter after passing Level 3, the typical timeline to receive the charter is 4 to 8 weeks. The review time depends on how quickly your referees respond and how fast your local society processes the application.
During this period, your status is often referred to as charter-pending vs charterholder. You’ve passed the exams but are waiting for official approval. While you can privately mention that your application is under review, you should avoid using “CFA charterholder” on your resume or LinkedIn until it’s confirmed.
Once approved, you’ll receive your CFA digital badge charter pending email, which allows you to share your verified credential online.
Becoming a CFA charterholder opens new career doors, but it’s up to you to make the most of it. Start by updating your resume and LinkedIn profile to reflect your new achievement.
Here are some examples:
Before receiving the charter:
“Passed all three levels of the CFA Program and may be awarded the charter upon completion of the work experience requirements.”
After receiving the charter:
“CFA Charterholder | Portfolio Manager | Financial Analyst.”
If you’re not sure of what to write, you can find CFA charterholder LinkedIn headline examples on the CFA Institute website and professional groups.
After updating your profile, connect with your local CFA society. Attend events, volunteer, or join a mentorship program. These activities are part of CFA continuing education CPD, which helps you keep your knowledge current and build a stronger professional network.
You can also make a simple announcement post on LinkedIn. Keep it professional and humble. For instance:
“Thrilled to share that I have officially become a CFA charterholder. Grateful to everyone who supported me throughout this journey and excited to continue contributing to the finance profession.”
If the CFA Level 3 August 2025 results didn’t go your way, take heart. You’ve already conquered two levels, which means you’re capable of clearing Level III too.
Start by reviewing your performance breakdown to understand where you fell short. Then, decide whether a retabulation Level 3 2025 request is worth it. Most candidates find it better to regroup and prepare for the next exam window.
If you plan to retake, use this downtime to refresh key topics, especially essay-style questions, portfolio management and behavioral finance. And remember, AnalystPrep offers practice questions, mock exams, video lessons, study notes and performance analytics tailored for CFA Level III candidates who want to bounce back stronger.
When are CFA Level 3 results August 2025?
The results were released on October 23, 2025, at 9:00 a.m. ET.
What is the CFA Level 3 pass rate August 2025?
The pass rate was 50%, meaning half of all test takers cleared the final level.
What is the CFA Level III minimum passing score 2025?
The MPS is not publicly released, but it determines the benchmark for passing each exam window.
How many references do I need for CFA membership?
You need two to three professional references, depending on whether any are members of your chosen society.
What counts as qualifying work experience?
Work involving financial or economic data analysis that influences investment decisions meets the CFA work experience requirements.
How long does it take to get the CFA charter after passing Level 3?
Usually 4 to 8 weeks, depending on application completeness and review times.
Can I use “charter pending” after passing Level 3?
You can mention it privately but avoid using it in official job titles until your membership is approved.
How do I get or share the digital badge?
Once approved, you’ll receive your CFA digital badge from the CFA Institute, which can be displayed on LinkedIn and other professional profiles.
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