I don't know enough about the CFR to have an informed opinion. Your wording makes me suspicious that your are engaging in the the common confusion between believing in elitism and believing in expertise, but it's a suspicion only.
The CFR tries to invite selected, influential people into its membership. It has related "committees" of lesser status around the country, around fifty in number, where there are thousands of lesser "committee members". You have to have a member sponsor to get invited, though apparently you can apply yourself. The membership rules on the site that is for public viewing states that selections are made biannually, and that they are not accepting a large number of the candidates, to preserve the elite rank membership has generally.
Important founders included the Rockefeller family and other very "elite" folks, and the "club" has strong ties with the British version of the same idea, including English nobility.
Many of our media, Hollywood, corporate, and political powerhouses are well-represented. They have a rule on "non=attribution" described as a protection of members from the general public opinion in that they can speak freely their opinions within the "club" meetings with no fear of being quoted outside. . . . .
They have excellent publicity professionals managing their press, and they do indeed select many experts from many fields whose views are compatible with their aims, which are very pro-UN and aiming at managing world affairs as well as our own national politics according to their perceived benefit.
In the overall scheme of things, they are not the only game in town, globally speaking, but they are the nerve center of "American" and "British" influence in the world.
And, no, we do not get to vote on who can sit in this council, with it's tremendous influence in our community.
I call it an end run around the public, for the purpose of managing the public without "representative" governance.