How much can you make with a Series 7?
General Securities Representative – (FINRA Series 7) Jobs by Salary
| Job Title | Range | Average |
|---|---|---|
| Registered Client Associate | Range:$43k – $69k | Average:$52,846 |
| Financial Planner | Range:$44k – $100k | Average:$63,019 |
| Certified Financial Planner (CFP) | Range:$50k – $126k | Average:$71,332 |
| Compliance Officer | Range:$51k – $102k | Average:$73,669 |
Is a Series 7 license worth it?
The benefit of the Series 7 license is that it permits you to sell several types of securities products, except commodities and futures. The Series 7 license is good for the entire period that you work for a FINRA-member firm or self-regulatory organization (SRO).
What can you do with a Series 7 and 63 license?
Each license type is described below. Series 7 And 63 Licensing Requirements Are As Follows: Series 7: This license is for individuals who want to sell all securities products including, but not limited to, corporate and municipal securities, options, investment company products and variable contracts.
What can you do with a Series 7 and 66 license?
The Series 7 license, along with the Series 66, grants individuals the right to buy and sell securities on behalf of others. Once you have earned your Series 7 license, salary and career options are numerous, so be strategic and use this valuable asset to your advantage.
Is Series 7 exam hard?
Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.
Who needs a Series 7 license?
The Financial Industry Regulatory Authority (FINRA) administers this test, and most employers in the financial services industry require their employees obtain the Series 7 license. If you want a find a financial advisor who has a Series 7 certification, check out our free financial advisor matching tool.
