8/01/2016 - Press Release



August 1, 2016


Elgin, Illinois – August, 2016 – John E. Chapman, Chief Executive and Chief Investment Strategist for BSC Private Wealth Management, LLC, an independent wealth management firm, announced today that Michael Williams, AWMASM has passed Level 1 of the CFA Exam. On June 4, he along with 58,676 other candidates sat for Level 1 of the exam with only 43% passing. Level 1 of the exam is broken down into 10 sections with Ethical and Professional Standards, Financial Reporting and Analysis, and Quantitative Methods being the most heavily weighted.

Michael graduated with honors from Taylor University with a Bachelor of Science in Finance, a Bachelor of Science in Accounting, and a minor in Mathematics. Since graduating in May of 2015, Michael has continued to push himself and technical abilities, most recently by sitting for the CFA Level 1 Exam.

“In my preparation for this test I was exposed to topics that not only challenged my technical competencies, but also stressed the character of the investment professional. This result was the culmination of an intense six month period of preparation” - Michael Williams

John Chapman, Managing Partner and CEO at BSC says “Michael has shown a genuine talent relative to investment management and portfolio construction, which has contributed to this achievement.”

As there are two more levels still to go, Michael will continue towards his full CFA Charter. Accordingly, Michael plans on taking Level II in June 2017.

About the CFA credential

The Chartered Financial Analyst® (CFA®) credential is one of the most respected and recognized investment designations in the world. The curriculum covers academic theory, current industry practice, and ethical and professional standards to provide a strong foundation of advanced investment analysis and real-world portfolio management skill. A work experience requirement and an annual attestation to ethics ensure career-long professional excellence by those who have earned the charter.

About BSC Private Wealth Management, LLC

BSC Private Wealth Management, LLC is a privately held, independent Registered Investment Advisor (RIA). The firm provides comprehensive wealth management services to successful individuals and families through their Private Client Practice. The firm’s Institutional Advisory Group offers a suite of professional services to businesses, non-profit organizations, foundations, and ERISA governed retirement plans.