Our new forums will be launched soon. Check it out for yourself.

Financial Certification Tests (series 6 ,7 , 63 ,65 ,3 etc.)

Forum: Investments
Author: [Investments] Topic: Financial Certification Tests (series 6 ,7 , 63 ,65 ,3 etc.)
robertelee PM robertelee
Joined: Jun 2010
Posts: 229
Participation Meter
Posted: 11/28/2011 11:11:55 PM
Has anyone taken anyone these tests? Series 6 and 7 are out of the question because I am not sponsored or employed by a member firm. Right now I'm a senior accounting major and I want to pick up a few things that will stand out on my resume. And to tell you the truth I just want to pass one for the hell of it. It would probably make the most sense to take the 63 or 65, but I would like to hear everyone's opinion.

ALSO, my grandfather owns a wholesale pecan buying company which has been in business for over 75 years. We also own about 1200 acres of farm land/hardwoods, which when he passes away (he's 90) I will own half of. Which makes me consider taking the series 3 so I have a better understanding of commodities and futures. Thanks everyone all insight is appreciated.
wallstreetcappers PM wallstreetcappers
Joined: Feb 2003
Posts: 52460
Participation Meter
Covers Linesmen
Posted: 11/29/2011 10:04:49 AM
I wouldnt take the 7/63 unless you were sponsored because aside from the cost to take the test, you have to park the certification somewhere too. I forget the length of time before it expires but it does behoove you to go with a firm have them pay the bill and go that route.

I would take the 7 and 63 vs the 6 because the 6 limits what you can do, it is not as comprehensive as the 7.

The 63 is just the state version of the 7. Have you considered looking into the financial planning certification? I think that is the 8 but I might be wrong.
accventures PM accventures
Joined: Jan 2005
Posts: 32354
Participation Meter
Posted: 1/8/2012 8:53:07 PM

I have a 7 and 66.  Took the 7 in '99 and then again this past year after I had changed jobs and let it expire.  Got a 87 the first time and a 94 this time.  7 has gotten easier in my opinion and if you take studying seriously, it's an easy 80+.

The 66 is a combination of the 63 and 65 and might be one of the hardest tests I've ever taken.  Written by attorneys and on two separate subject matters, you have to get a 75 to pass and though I got an 84 this time around, it's a guy.  I studied my behind off for it for two weeks every day and still wasn't sure I had passed when I clicked submit.

Even with the inheritence, not sure why you'd need to be licensed.  You can teach yourself commodities, options, etc. and not have the hassle (or liability) of being licensed.

WallStreet21 PM WallStreet21
Joined: Mar 2012
Posts: 76
Participation Meter
Posted: 4/5/2012 9:18:07 AM
It expires in two years without use or being parked... I wouldnt recommend taking either one of them unless you are sponsored, are you located in NJ/NY?  Try to go on craigslist/careerbuilder, a lot of jobs there for financial advisor positions, go on there and intern with the company and they will sponsor you, I do it all the time with the guys at my company

Forum: Investments
You have entered the forum as a GUEST. 
You must login/register to post or reply.
Desktop View: Switch to Mobile View