Case Study: CFA Institute achieves global benefits flexibility with Espresa

CFA Institute reaches 50%+ LSA adoption with Espresa

CFA Institute, a global nonprofit for investment professionals with nearly 1,000 employees worldwide, faced challenges with administrative burdens and underutilized benefits funds. They partnered with the vendor Espresa to consolidate their offerings and create a more flexible, globally accessible wellness program using Espresa's platform, which includes Lifestyle Spending Accounts (LSAs) and employee challenges.

Espresa's solution involved launching two benefits wallets: a Wellness Reimbursement wallet and a Challenge Winner Wallet. This eliminated administrative lift and allowed the CFA Institute to reallocate existing funds with zero budget impact. The results were significant, with well over 50% of eligible employees submitting an LSA claim in 2024, demonstrating strong and growing adoption of the new program.

CFA Institute