Does anyone here have a Series 7 liscense?

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Old Feb 11, 2010 | 10:01 AM
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Does anyone here have a Series 7 liscense?

If so, how did you prepare for the exam?
Old Feb 11, 2010 | 10:03 AM
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Old Feb 11, 2010 | 10:06 AM
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I hear it's tough. I don't know any brokers, so I can't help. Do you think the exchange in SF is quite big?
Old Feb 11, 2010 | 10:34 AM
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Im looking at is more in terms of going to work in wealth management, I know both Wells and BofA are about to go on huge hiring binges and that wealth management professionals will be in high demand in the near future.
Old Feb 11, 2010 | 10:45 AM
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I'm not Series 7, but 6/63 in my position at my Credit Union.

www.kaplanfinancial.com
or http://www.kfeducation.com/ (the Securities side).

I did their studying manual, web&book tests with CD-ROM to test. Worked well for me.

Tho I thought a company had to "sponsor" you or something like that to take the test. Not sure, check in to that tho.

G/L.
Old Feb 11, 2010 | 10:52 AM
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Thanks for the info. Now I need to convince the CFO this is a worthwile expense.
Old Feb 11, 2010 | 11:26 AM
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Originally Posted by joltdudeuc
I just watched that last night.
Old Feb 11, 2010 | 11:30 AM
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Old Feb 11, 2010 | 11:31 AM
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Ive got a series 7,6 and 63. It wasn't that tough, just need to put in some time. I gave myself about a month of studying evenings after. So, just give yourself plenty of time, you definitely don't want to cram last minute. Also, take as many practice exams as you can.

I still have the book that I used if you need to borrow it. The firm sponsoring you should provide it to you, but some companies make each person pay for it, and then they are reimbursed after they pass. Let me know! There are also 1 week long classes that I hear are very useful. They teach you how to pass, and not necessarily the things you need to know to work in finance.
Old Feb 11, 2010 | 11:53 AM
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Originally Posted by JArnaud
Ive got a series 7,6 and 63. It wasn't that tough, just need to put in some time. I gave myself about a month of studying evenings after. So, just give yourself plenty of time, you definitely don't want to cram last minute. Also, take as many practice exams as you can.

I still have the book that I used if you need to borrow it. The firm sponsoring you should provide it to you, but some companies make each person pay for it, and then they are reimbursed after they pass. Let me know! There are also 1 week long classes that I hear are very useful. They teach you how to pass, and not necessarily the things you need to know to work in finance.
The problem with the classes is that they are during the work week, and I could never convince them here to let me take a week off work to take a class for an exam that will not benefit them in the immediate future.
Old Feb 11, 2010 | 11:56 AM
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Do you know if the firm sponsoring you needs to be a registered broker dealer?
Old Feb 11, 2010 | 12:21 PM
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If you are a good studier I'm sure it wouldn't be too hard. I work for a bank and was offered to be series 7 qualified (at the banks expense) but I declined.... definitely not the job for me. One of the girls I worked with ended up going through all the training/studying and got through it first try but quit after a year. She hated it.
Old Feb 11, 2010 | 04:34 PM
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I thought this thread was about BMWs
Old Feb 11, 2010 | 05:04 PM
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Originally Posted by jewpac42
Do you know if the firm sponsoring you needs to be a registered broker dealer?
Yes, they do. If they are not a registered broker dealer, why would you need or even want a series 7?
Old Feb 11, 2010 | 10:29 PM
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Originally Posted by JArnaud
Yes, they do. If they are not a registered broker dealer, why would you need or even want a series 7?
Opportunities elsewhere.
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