You have insufficient privileges to update the SPF database. Your Windows authentication account for the specified SQL Server ...

You have insufficient privileges to update the SPF database.  Your Windows authentication account for the specified SQL Server must have the CONNECT WITH GRANT OPTION, ALTER, SELECT WITH GRANT OPTION, UPDATE WITH GRANT OPTION, INSERT WITH GRANT OPTION, DELETE WITH GRANT OPTION and REFERENCES WITH GRANT OPTION privileges granted on the SCSPFDB database.  Additionally, the SQL Server Role used to set up the SPF database must have the ALTER ANY LOGIN WITH GRANT OPTION privilege.