Dear CFA Candidate:

Stalla Seminars began business in 1972 under the direction of Robert Stalla with the sole objective of helping candidates pass the CFA® exams and become charterholders. The Stalla brand is known worldwide for quality, service, and support.

On December 2, 2011, DeVry, Inc. – Stalla's parent company – announced the sale of the assets of Stalla to the Schweser Study Program – an operating unit of the Kaplan University School of Professional and Continuing Education.

Unfortunately, the timing of this transaction will not allow for the transfer of content from the DeVry technology platform to a new delivery mechanism in time for the June 2012 CFA exams. Therefore, Stalla courses and materials will not be available for the June 2012 exam cycle.

We pledge to be good stewards of the Stalla brand and mission and intend to redeploy the Stalla content on a new platform for the 2013 exam cycle. In the interim, Schweser stands ready to meet all of your 2012 CFA study needs and will be reaching out to previous Stalla students by phone, letter, and email over the coming weeks to provide personalized service to assist them with this transition.

As a Charterholder, I am thankful for the service that Stalla has provided to CFA candidates throughout the years, and am humbled by the weight of the commitment that we now carry to ensure that the Stalla legacy is fostered and protected. Schweser and Stalla share a common mission – to help CFA candidates succeed and to support investment professionals worldwide. I hope you share my enthusiasm for this change and wish you all the best for the 2012 CFA exams.

Best Regards,

Dr. Andrew Temte, CFA
President