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@hairyfairy, for me the main benefit is to attend the speaker events — you see some faces and meet other people in the finance profession so it is good for networking. Of course, for that it is most beneficial to live in London, as 99% of the events happen there. They also have study sessions and surgeries for CFA candidates (all in London) and offer discounts on buying mock exams from Schweser and BSAS. So if you are based in London it is not a bad idea to be a candidate member.