Affiliate Members have all the privileges of Regular Members, except the privilege to vote or hold office in the Society.
In 2017, the Board of Directors approved an amendment to the Bylaws authorizing the Society President to admit Affiliate Members without prior consent from the Board of Directors, subject to revocation by a simple majority of Directors at any time. Individuals applying for Affiliate Membership, must still submit their application to CFA Institute. If approved by CFA Institute, the application will then be forwarded to the Society for approval. Applications for Affiliate Membership should contain references, and it is incumbent upon the Society President, or a delegated officer, to contact those references. All dues are submitted, upon approval, directly to CFA Institute.