Really irritating. The collective annual dues generated by the new members is nearly $3.5 million. Cap that long-term fee stream at, say, 7%, and we are adding $50 million in enterprise value to the CFA Institute. One would think they could give us a coherent explanation/schedule as to when, exactly, we become members.
I think we should really bomb them with emails complaining about this year’s opaque charter awarding procedure, at least they’ll have the chance to improve themselves for next year.
They have added about 1000 names so far. There are probably 7000 names total to put in, so 85% are still waiting. At this rate, should be done in about 20 minutes.
I’ve seen some AF comments lamenting the lack of patience…e.g. “Worked on this for three years plus, what’s a few more hours?”. While that approach may resonate with rationale passive people, it does not work for me. It’s been a long agonizing journey filled with very distinct instances of feeling screwed. Knowing that you must play by the ever-changing rules of a faceless organization. Knowing you have zero leverage and that grabbing your ankles is the mandatory candidate position. Today’s silly delay antics is just another reminder that you can still be f**ked with.