Harford Financial Group's Bryan Angelilli and John Sieracki IV have earned their Series 7 license. The Series 7 license is offered by FINRA, the Financial Industry Regulatory Authority, and is required for individuals who want to sell securities in the United States. This license allows financial professionals to trade a wide range of securities, including stocks, bonds, and options, making it a valuable credential in the industry.
Financial planners help clients manage money to reach goals. While certain professionals may need to have a financial planning license, having a Series 7 license is often seen as a key qualification for those looking to work in investment banking, brokerage firms, or as financial advisors. It demonstrates a strong understanding of the securities industry and the regulations that govern it.
There is no limit on the number of times you can attempt to pass the Series 7 exam, however, there are restrictions regarding timing. Candidates must wait 30 days before retaking the exam if they fail, with subsequent attempts requiring longer waiting periods. This can make the process of obtaining the license challenging, but it also ensures that those who do pass have a solid understanding of the material.
Late last year, Finra restructured the General Securities Representative Exam, known most commonly as the Series 7. The changes were designed to make the exam more relevant to the current securities industry landscape, with a focus on practical knowledge and real-world scenarios. This has made passing the exam more challenging for some, but it also ensures that those who earn the license are well-prepared for their roles.
A joke among newer reps goes, 'If you scored higher than 70% on the Series 7, you studied too hard.' The upshot: Study just enough to get by--it's not worth stressing over every detail. While it's important to take the exam seriously and prepare adequately, stressing too much over the minutiae can be counterproductive. Focus on understanding the core concepts and you'll be well-equipped to pass.
To get the best financial advice, you want someone who has your best interests at heart, right? It sounds simple … but it isn't. The Series 7 license requires financial professionals to act in the best interests of their clients, putting their needs ahead of their own. This fiduciary duty is a key aspect of the license and ensures that clients receive advice that is tailored to their individual goals and risk tolerance.
Series 66 is an exam and license that is meant to qualify individuals as investment advisor representatives or securities agents. While the Series 7 license allows professionals to sell a wide range of securities, the Series 66 license focuses specifically on investment advice and financial planning. Many financial advisors choose to earn both licenses to broaden their skill set and better serve their clients.
Yen Press announced that it has licensed seven new titles for releases in February 2024, which includes three manga and four novels. The publishing company continues to expand its catalog of titles, offering a diverse range of content for readers around the world. This news is sure to excite fans of manga and light novels, as they eagerly await the release of these new titles.
Before it was retired in 2018, the Series 62 license was one of the most common certifications among financial professionals, allowing them to sell corporate securities and investment company products. While the Series 62 is no longer offered, the Series 7 remains a key credential for those looking to work in the securities industry. It demonstrates a commitment to excellence and a deep understanding of the markets.
