Cost to License a Salesperson
Apr 8, 2008 9:50 pm
Does anyone know how much it would cost to fully license someone (7, 66, Life/Health, all study materials, etc.)?
Apr 8, 2008 11:00 pm
According to Edward Jones 75k!!
Apr 9, 2008 12:05 am
[quote=yooper]
According to Edward Jones 75k!!
[/quote]Apr 9, 2008 2:35 am
Insurance licensing costs depend on the state. I could probably dig out some securities figures from my last year financials, but not until this week-end.
Apr 16, 2008 1:47 am
$250.00 Series 7 General Securities Representative (includes NYSE development fee)<?: prefix = o ns = "urn:schemas-microsoft-com:office:office" />
$113.00 Series 66 Uniform Combined State Law Exam
$265.00 Series 7 CD and Online Exams (RegEd)
105.00 Series 66 CD and Online Exams (RegEd)
Life and Annuities is $15 in my state; test prep materials cost $109-129
You can probably find cheaper study materials from other sources (like Kaplan). Is there anything else that he needs to know? I don't know everything about the process, especially the insurance side since I only have a Series 65. Total: $957 to $977Source URL:https://www.wealthmanagement.com/forums/general/cost-license-salesperson