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If you can get a waiver, I’d do that. Any factor below average in an application is obviously going to hurt, not help
Dont wave it!!! I have a 675 with low quant and low verbal (but 99th percentile in DI) and got into 2 T15 with high merit based scholarships (even though I also just have a 3.3 GPA). Waivers are rather considered as downgrades of your profile nowadays. Also, if you have a CFA, then write about it in your optional essay how that proves that you have the necessary quant skills. That shows them that you just had a bad day. I'm pretty sure that you can compensate for your low score with the rest of your profile.
Sory read 665. Is your overall score still in the average range for your schools?