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Frist Investments, Inc. has just hired Michael Pulin to manage institutional portfolios, most of which are pension related. Pulin has just taken the Level III CFA exam and is awaiting his results. Pulin has more than 15 years of investment management experience with individual clients but has never managed an institutional portfolio. Pulin joined the CFA Institute as an affiliate member two years ago and is in good standing with the organization. Which of the following statements would be most appropriate for Frist to use in advertising Pulin as a new member of the firm? Pulin:

A.Has many years of investment experience which,along with his participation in the CFA program,will allow him to deliver superior investment performance relative to other managers.

B.Is a CFA Level III and passed the first two exams on the first attempt.He is an affiliate member of the CFA Institute.We expect him to become a regular member if he passes the Level III examination.

C.Is a Level III CFA candidate and has many years of excellent performance in the investment management industry.Pulin is an affiliate member of the CFA Institute and will be eligible to become a CFA charterholder and regular member if he passes the Level III CFA Exam.

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