If it doesn’t matter then why was I asked to take my first CFA exam and first CAIA exam at the same time? Why did two other people have both at the request of the fund? Sure that was 7 years ago, but the current CIO has made it clear that when he hires someone new and 80 percent of the applicants have their CFA having your CAIA is a nice differentiator.
When I got married, moved to Utah and started out at Fidelity they made it clear that getting my CFP would result in a massive pay raise. While I was there I was surprised to meet someone who had his CFA and CFP. His job was simple, to serve as a reference for the FCs when they didn’t understand a financial product well enough or when they had questions about a specific security, which was a lot. He loved his job and made a ton of money.
You aren’t the only one who has been in the industry and seen a lot. I’ve been in pitch meetings with over 100 hedge funds and learned something new every time. Heck, one of the best investments we made was a fund that specialized in buying mining operations that had gone south. They had an amazing success rate of turning operations around and our ROI was massive. I never assume I know everything, because I don’t. I do know it’s good to learn all you can.