I just passed the 7 top off on Tuesday. This video is perfect timing. Started in customer support and took the SIE on my own to show my firm I was serious about moving up. I am studying for the 66 now and then will start on the 24
@@gavnreaser9919 I now have my 66 and 24 as well. 66 took two tries, 24 took one. I work for a fintech app on the operations side. Same company I started in finance with. Trying to see if I should hang out at the company for a while longer or see if I can make more money somewhere else.
Took the 7 earlier this month and taking the 63 tomorrow. Watched a few of your other videos this weekend too and I, presumably others as well, appreciate your honesty and direction. Helps a lot! Subscribed!
Hi Aj- Taking the CFP in a few weeks. Dropped a resume and got a bite, but not having the Series 6 already was a barrier. I am career changing from mtg, and don't have a sponsor. I'll need to get my hours to get the CFP once I pass. Any advice you could give me is greatly appreciated. I am going to look for those Client Services roles and para-planners in my future job searches. Just fishing for anything more specific to my situation. Of course I am laser focused on studying to pass the CFP first. Thanks again
Hey Justin, You can also take the SIE before the series 7. That will show potential employers that you are serious. And yes, passing the CFP would be very good!
I self taught myself economics and I am getting sponsored through fidelity to take the 7 and 63. Unfortunately I have no schooling pertaining to this. Are my hopes as a financial advisor dashed?
Hi AJ, Thanks for the great video, for someone with 10 years of experience working in the art market (alternative asset) with a degree in art history, with the goal to start an art investment fund one day. Does SIE and series 7 offer any value? Or would you recommend CFA?
Is T.Rowe Price a good firm to get started with? They are sponsoring the Series 7 + 66 and it seems like there are good outlooks in terms of job mobility. Curious to hear from someone with more experience, thanks
I have to pass the Series 7 & 66 within 3 months is that reasonable? And is the SIE the only pre requisite to sit for the Series 7? Thanks for the help and great video!
You need a broker-dealer to sponsor you for the Series 7 or 66. However, you can take the SIE without sponsorship. I'm also pretty sure you can take them in any order since they're corequisites rather than prerequisites. I studied for and passed the SIE in three weeks while I was on vacation in college.
Question. I graduated college with business admin bachelor's degree years ago(5yr). I've been stuck as an insurance sales agent, claims adjuster etc. I've been thinking of pursuing a different path, but have zero knowledge in this field. If I was to make a switch so you recommend me to take the series 7 test first? Or apply for some entry level finance role and grow within Thanks for the video definitely sounds interesting and something I'd like, but just don't want to make any major career mistakes
You can definitely make that happen! You would do the SIE first, then get an entry level finance job, then that company would sponsor you to take the series 7.
I am looking to perhaps make a career change and need some advice; specifically on how long does it take to eventually start making money beyond the base salary? I have an MBA and have worked for a number of years in management. thnx.
Hello, I have a question. Is it ANY other way, or trick, in how to get SPONSORED to take the Series 6 or 7 without me working for a financial institution? I am very interested and want very much to get licensed, but I do not have the sponsorship available. Is there ANY way I can find a loop hole around it??? Or something I can do to expedite the sponsorship. I have studied and I’m ready.
Great video!! My case is a little odd and you seem like a very smart guy so I would like you opinion on this: I hold multiple licenses: Loan Originator, Insurance (P&C and L&H), Real Estate Broker, and I just got my Series 6 & 63. I am scheduled to take the 65 on June 11. And I also have plans to take the 7 in October. Right now the only license I am using is the Loan Originator. I own my Mortgage Brokerage Firm with 6 MLO's and I am looking to expand it, AGGRESIVELY! I hope to have like 50 MLO's some day. I am thinking about someday opening my own Investment Advisory Firm but I heared that this is not possible before working for someone else before to get experience. I am also considering opening a brokerage firm if I ever pass the 7 & the 24. But I think that would be a way more complicated task than opening an IA firm. I guess I would have to create an online platform to trade. My goal is to become my company like a Primerica that my people will get the MLO license FIRST , then the Series 65 & 7 and LASTLY the Insurance license. I think that there a a lot of very smart people out there that I can bring into my company and help my company grow. They are very talented people but they are just not into opening a business. What do you think about all this? Any other input from anybody else is also welcome.
Hey Alfredo, Thanks for the question. You can definitely pull this off with the right effort. I agree that you should not open an investment advisory firm unless you have built up a couple years of experience in the field yet.
Im licensed 2-15. Want to get additional licensing to have my own agency. Which Series would be best to give full stock for variable annuities and more marketable to sell in other states? Also, can you recommend best prep courses?
I started working for a bank as a personal banker. After 1 year I applied for a licensed banker position, which means getting series 7 & 66. So maybe looking into banking is something for you.
Question? I would like some advice for someone who is interested in doing this as a career any pointers? Is it a good move? I am 50 years old i have real estate/finance/mortgage/notary background not sure if it is worth the time and is the money that good?
Yes it could be well worth it! The money will depend on the office where you work and your business, but average pay might be $60k with high achievers earning $500k+
Hey AJ--great video. Any idea about the Series 4, which is the exam to be a Registered Options Principal? Can you take this exam without being hired in a finance job and getting sponsored? Also what is the SIE? thanks as always
@@1mikesofocused42 I started my job at Vanguard. They provide you with kaplan study materials and tutors and pay you while you are studying. Passed my SIE, 63, and 7 through them over the course of around 4 months.
Can you be a financial advisor and work for a company as an employee (not based on commission only) without a college degree but have the required licenses?
I just passed the 7 top off on Tuesday. This video is perfect timing. Started in customer support and took the SIE on my own to show my firm I was serious about moving up. I am studying for the 66 now and then will start on the 24
Gotta say, Kaplan for the 66 is the move. Made it so easy for me.
Which training program did you use for the 7?
@@mr.cannon663 SIE and 7 I used Training Consultants. 66 and 24 I used Knopman Marks. Knopman was great.
@@connorb9008 what do you do now that you have your 24? Thanks in advance
@@gavnreaser9919 I now have my 66 and 24 as well. 66 took two tries, 24 took one. I work for a fintech app on the operations side. Same company I started in finance with. Trying to see if I should hang out at the company for a while longer or see if I can make more money somewhere else.
Took the 7 earlier this month and taking the 63 tomorrow. Watched a few of your other videos this weekend too and I, presumably others as well, appreciate your honesty and direction. Helps a lot! Subscribed!
Best of luck on the 63! Glad my videos could be of help.
This is fantastic, thanks for taking time to make this video
Glad it could be of help!
This was great information. Looking for a career change, and this was huge help!!!!
it would be great if you also make a video about how to land job in one of these areas: venture capital, hedge fund, or asset management.
Thanks for the idea, will do!
Hi Aj- Taking the CFP in a few weeks. Dropped a resume and got a bite, but not having the Series 6 already was a barrier. I am career changing from mtg, and don't have a sponsor. I'll need to get my hours to get the CFP once I pass. Any advice you could give me is greatly appreciated. I am going to look for those Client Services roles and para-planners in my future job searches. Just fishing for anything more specific to my situation. Of course I am laser focused on studying to pass the CFP first. Thanks again
Hey Justin,
You can also take the SIE before the series 7. That will show potential employers that you are serious. And yes, passing the CFP would be very good!
I self taught myself economics and I am getting sponsored through fidelity to take the 7 and 63. Unfortunately I have no schooling pertaining to this. Are my hopes as a financial advisor dashed?
how did/is it going with fidelity?
No
@@RahimX went out and got SIE prior to getting job. Take the series 7 on Friday.
@@aaron1795 How'd it go? If you need help studying subscribe to Series 7 Guru on UA-cam he is the man, only reason I passed mine for real
@@JoeYazgui ran into U4 issues got delayed til Tuesday
Terrific!
Hi AJ, Thanks for the great video, for someone with 10 years of experience working in the art market (alternative asset) with a degree in art history, with the goal to start an art investment fund one day. Does SIE and series 7 offer any value? Or would you recommend CFA?
Yea you might need those licenses, but I'm not sure. The CFA would probably not add too much value.
Is T.Rowe Price a good firm to get started with? They are sponsoring the Series 7 + 66 and it seems like there are good outlooks in terms of job mobility. Curious to hear from someone with more experience, thanks
Yes I think they could be good to start with! Its not a long term career though.
@@straighttalks-ajsrmek323 I'm only 23 so definitely would look to explore new opportunities in the future
I have to pass the Series 7 & 66 within 3 months is that reasonable? And is the SIE the only pre requisite to sit for the Series 7? Thanks for the help and great video!
You need a broker-dealer to sponsor you for the Series 7 or 66. However, you can take the SIE without sponsorship. I'm also pretty sure you can take them in any order since they're corequisites rather than prerequisites. I studied for and passed the SIE in three weeks while I was on vacation in college.
Yes, they can be done in 3 months.
Question. I graduated college with business admin bachelor's degree years ago(5yr).
I've been stuck as an insurance sales agent, claims adjuster etc.
I've been thinking of pursuing a different path, but have zero knowledge in this field.
If I was to make a switch so you recommend me to take the series 7 test first? Or apply for some entry level finance role and grow within
Thanks for the video definitely sounds interesting and something I'd like, but just don't want to make any major career mistakes
You can definitely make that happen! You would do the SIE first, then get an entry level finance job, then that company would sponsor you to take the series 7.
I am looking to perhaps make a career change and need some advice; specifically on how long does it take to eventually start making money beyond the base salary? I have an MBA and have worked for a number of years in management. thnx.
Usually 2 years. Sometimes 12 months.
I had question from where did u had your higher studies meaning bachelors and masters also how did you score in high school
Hello,
I have a question.
Is it ANY other way, or trick, in how to get SPONSORED to take the Series 6 or 7 without me working for a financial institution? I am very interested and want very much to get licensed, but I do not have the sponsorship available. Is there ANY way I can find a loop hole around it??? Or something I can do to expedite the sponsorship. I have studied and I’m ready.
No, you need to be sponsored by the company you work for.
Great video!! My case is a little odd and you seem like a very smart guy so I would like you opinion on this: I hold multiple licenses: Loan Originator, Insurance (P&C and L&H), Real Estate Broker, and I just got my Series 6 & 63. I am scheduled to take the 65 on June 11. And I also have plans to take the 7 in October. Right now the only license I am using is the Loan Originator. I own my Mortgage Brokerage Firm with 6 MLO's and I am looking to expand it, AGGRESIVELY! I hope to have like 50 MLO's some day. I am thinking about someday opening my own Investment Advisory Firm but I heared that this is not possible before working for someone else before to get experience. I am also considering opening a brokerage firm if I ever pass the 7 & the 24. But I think that would be a way more complicated task than opening an IA firm. I guess I would have to create an online platform to trade. My goal is to become my company like a Primerica that my people will get the MLO license FIRST , then the Series 65 & 7 and LASTLY the Insurance license. I think that there a a lot of very smart people out there that I can bring into my company and help my company grow. They are very talented people but they are just not into opening a business. What do you think about all this? Any other input from anybody else is also welcome.
Hey Alfredo,
Thanks for the question. You can definitely pull this off with the right effort. I agree that you should not open an investment advisory firm unless you have built up a couple years of experience in the field yet.
Im licensed 2-15. Want to get additional licensing to have my own agency. Which Series would be best to give full stock for variable annuities and more marketable to sell in other states? Also, can you recommend best prep courses?
7 and 66. I liked Kier.
Is it still worth it to get an S7 license and start in the financial industry?
Definitely. More worth it than ever since so many financial advisors are retiring.
@@straighttalks-ajsrmek323 why are they retiring?
@@wisdomandlove1661 They are old haha. Many financial advisors got into the business in the 1980s so they are 60+ years old now.
How do you get a job so I can get sponsored for the series 7? What's the easiest way?
You start with the SIE. You don't need to be sponsored for the SIE. Then once you pass that, someone will hire you and sponsor you for the series 7.
I started working for a bank as a personal banker. After 1 year I applied for a licensed banker position, which means getting series 7 & 66. So maybe looking into banking is something for you.
@@EarthsAscension2012 what's the pay look like for all that? Thinking about a career switch out of mortgage
@@elohist for banking, mid-level $45K+. Premier Banker $65+ with incentives for referrals. Banks are hungry for staff right now.
@@EarthsAscension2012 Are banks still "hungry" in June 2022 ?
Question? I would like some advice for someone who is interested in doing this as a career any pointers? Is it a good move? I am 50 years old i have real estate/finance/mortgage/notary background not sure if it is worth the time and is the money that good?
Yes it could be well worth it! The money will depend on the office where you work and your business, but average pay might be $60k with high achievers earning $500k+
Hey AJ--great video. Any idea about the Series 4, which is the exam to be a Registered Options Principal? Can you take this exam without being hired in a finance job and getting sponsored?
Also what is the SIE?
thanks as always
Thanks, Chip! I don't know much about the series 4. But the SIE is the newer pre-requisite to the series 7.
Hi everyone, I couldn’t find instagram of author video. Please advice school where I can obtain Finra 7, 66 series
They are online study. Kaplan.com.
What would recomended for someone new trying to get in the finance industry?
I like wealth management very well!
@@straighttalks-ajsrmek323 awesome. What about toget started?
What book i should read for SIE exam?
I like Pass Perfect from Keir
How do I become a 7 series broker id like to know how
Pass the SIE, then get a job at a company who wants to sponsor someone to take the series 7!
@@straighttalks-ajsrmek323 hey man heres my email lets talk
@@straighttalks-ajsrmek323 hey where do I take the test at let alone begin to study for it im highly interested on where to go to thanks
@@1mikesofocused42 I started my job at Vanguard. They provide you with kaplan study materials and tutors and pay you while you are studying. Passed my SIE, 63, and 7 through them over the course of around 4 months.
@@JoeYazgui passme the info bro
Can i get Free SIE material online?
Do I need to take SIE and series 7 or just series 7
You have to take the SIE now before you can sign up for the series 7.
Can you be a financial advisor and work for a company as an employee (not based on commission only) without a college degree but have the required licenses?
Yes! Its possible.
I failed my SIE with a 69 😭 I crumbled
Close.
I have diarrhea right now.
Do you still have it?
You didn’t mention stockbroker?
I’m shocked
There’s guys out there still making 50k a month slinging stock
Maybe in the 90s
@@valenchino123 no
Still now