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Maybe I can comment here as I have taken both CFA and FRM already. It does help but depends on the profile. For e.g. FRM does help in Risk Management profiles but won't help you to get into FO roles. CFA is good for CF domain but won't help much in risk/quant roles.
It did help a lot in consulting but I would prefer to hire someone with industry experience over others who just have CFA/FRM on resume but no real experience.