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Society membership, aka the touted networking benefit, is NOT about passing exams. It is biased towards those who work in the "industry." My local societies are not interested in how many exams I have passed or the return I earned my clients last year, but only how many CFA "references" I can muster up (for affiliate membership). Well guess what, my clients are not charterholders and I do not require someone to "supervise" me. Makes me wonder if some members are sipping martinis at society events patting themselves on the back on how they broke-even last year? Are all these breakeven-heros vouching for one another??
I cannot be the only one who sees a big gaping hole in this scheme. There are a couple forum members whose input I value, I hope they are still around to tell me if I am missing something here.
Only perfect practice makes perfect.