Ethics in Practice: Meet Our CFA-Certified Analyst

At Splint Invest, we pride ourselves on the unique qualifications and ethical commitment of our asset analyst, Felipe Moreira, CFA. Unlike many competitors, Felipe holds the prestigious Chartered Financial Analyst (CFA) certification, a globally recognized standard demonstrating both exceptional financial expertise and a steadfast dedication to ethical investment practices.

Get to know Felipe

Felipe Moreira, CFA, earned his Master’s in Business with a finance focus from PUC-RJ, one of Brazil’s top universities, and has spent over a decade climbing the finance ladder—from intern to finance manager—while driving high-impact projects at leading organizations. As a CFA charterholder, Felipe blends sharp financial expertise with a rock-solid commitment to ethics. His data-driven insights and rigorous risk management ensure Splint Invest’s asset selection is as transparent as it is smart.

Why having CFA on our team matters

Having Chartered Financial Analyst (CFA) professionals on your team matters for several compelling reasons, backed by current statistics and organizational benefits:

• Proven Expertise and Rigor: The CFA program is known for its rigor, with current pass rates reflecting high difficulty. For example, the May 2025 CFA exam pass rates stand at 45% for Level 1, 54% for Level 2, and 49% for Level 3. This shows that those who achieve the CFA charter have demonstrated a strong mastery of complex financial and investment analysis topics.
• Skill Development and Application: Around 70% of CFA charterholders report regularly applying concepts learned through the CFA program in their roles, and nearly 69% feel capable of handling more challenging projects after earning the charter. This means CFA members on your team contribute enhanced skills and improved job performance, making your organization more competitive.
• Ethics and Professionalism: CFA charterholders have a strong ethical grounding, which reassures clients and stakeholders that your team adheres to high standards of integrity and professionalism.
• Retention and Loyalty: Investing in employees pursuing the CFA program increases company loyalty and retention. A Kaplan Schweser study found 71% of CFA charterholders feel more valued by their employer due to support in earning the charter, and 59% are more likely to remain at their organization. This helps reduce costly turnover and maintain talent continuity.

How Felipe selects the assets on our platform

Ethics are emphasized by the CFA Institute due to the substantial impact professionals' actions have on clients, the investment profession, and society. Felipe’s daily work is grounded in this ethical framework, guiding every valuation, forecast, and asset sourcing decision with integrity. Transparency and trust are foundational at Splint Invest, and Felipe’s adherence to these principles continuously elevates the quality of our service.

On a typical day, Felipe sources alternative assets globally, analysing their historical performance to identify promising opportunities. He applies quantitative, data‑driven analysis by estimating compound annual growth rates (CAGR) and standard deviations at the asset level to model expected returns and risks, which enables him to run Monte Carlo simulations and derive value‑at‑risk (VaR) measures and detailed risk ratings for more robust asset evaluation. This rigorous, data-driven process allows him to rate assets transparently from A to D, helping clients clearly understand their risk-return profiles.

Risk management is central to Felipe’s analysis. By utilizing tools like standard deviation, VaR and drawdown risk, he quantifies potential downside risks and balances them against expected returns, enabling informed decisions aligned with client risk tolerance and investment horizons.

In valuation, Felipe applies advanced financial modelling and market-comparable pricing techniques, including auction comparables, to accurately price alternative assets such as fine art, fine wine, rare whisky, and other collectibles. His data-driven approach ensures valuations reflect current market dynamics and long-term value appreciation potential.

Beyond applying these formulas, Felipe evaluates diverse asset classes, analyses key performance indicators, and supports strategic decisions, including optimized asset allocation, for the sourcing process. His deep technical skills and ethical standards underpin every recommendation, aligning with clients’ best interests.

Here is an example of the detailed, data-driven analysis Felipe provided for one of our paintings:

Maria Kreyn, Plume, 2023

Highlighting Felipe Moreira’s rare qualifications and principled approach underscores Splint Invest’s commitment to ethical, data-driven investment analysis, a commitment that sets us apart and reinforces our promise to clients.

Felipe’s advice for investors

Three simple but powerful lessons:

1. There’s no magic formula, every investor’s optimal portfolio is as unique as their risk appetite and goals, so it’s important to understand yours.
2. Diversification is crucial, ideally with quality assets.
3. Time is your friend, as long as you have a strong portfolio to begin with.

" I guess that’s why I like working at Splint Invest, where we help investors meet all three of these important criteria." — Felipe Moreira, CFA