Financial Career
After graduating he moved to Silver Spring, MD and founded CDA Investment Technologies. CDA was a provider of financial information and software. The company became a success and grew to have offices in Rockville, MD, New York City, Chicago, San Francisco, Tokyo and London. It was particularly well known for its rankings of how mutual funds performed. Their quarterly release of rankings would prompt articles in The New York Times and The Wall Street Journal.
Levy sold the company in 1986 to Dutch publishing firm Elsevier for an undisclosed amount. In 1987 Elsevier sold CDA to The Thomson Corporation for a profit. Levy stayed on as CEO through both sales, retiring from his position in 1991 to attend law school.
Read more about this topic: Robert A. Levy
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