CFA for S&T?

I understand its more of a boost for Equity Research and IB but is a CFA appreciated in context of S&T lateral recruiting? In the same way that your knowledge of probability wont necessarily make you a good investment banker & vice versa regarding your knowledge of Powerpoint. Trying to get some insight (context - already in S&T, just in a less client facing context - would love to lateral and maybe get a seat in prime brokerage or take risk)

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