As far as the studying aspect goes. You should spend about 3 months studying.

Sorry Centaur Sr. I was interrupted. The studying for three months, assumes that you are also working full time. SO you will be studying after work, as well as doing some MAJOR STUDYING on the weekends.

Although the exam is difficult, it is do-able.

Passing the exam is almost like sales. If you put in enough hours you will be successful.

Hope this helps

brokr1

Brokr1! Thanks for the info. I have been in Banking and investment advisory for decades. I am looking for some firm who can sponsor for H1B and Series 7. I will be taking this month Series 65. I had a meeting at Waddell & Reed. Scheduled a second meeting next week. Can any one provide some information on them? Thanks in advance

I worked at Waddell and Reed for a little over a year, I had a good year as far as their standards as a rookie. My office had a mix of advisors, low production producers to the presidents council advisor level. Branch Manager was greedy, did little for us. Always preached it's your business, yeah that's great and all., but when I have a problem with paperwork or complience and he won't call down and take care of it. It's frustrating. When you meet with people, they won't know who Waddell and Reed is at all, so you always have to explain that to them. The funds are good, everyone will argue about expenses and sales charges ofcourse. They do have some good offices and good producers and good managers, It's hit and miss, get some training, learn the biz, maybe stay or move on. I moved on.

<span style=“font-weight: normal;” =“bold”>Thanks liquidasset! I <span style=“font-weight: normal;” =“bold”>appreciate your input. <span style=“font-weight: normal;” =“bold”>Just passed <span style=“font-weight: normal;” =“bold”>Series 65 on first try with very good score. What should be the next Series? What effect often changing firms have on relationship with RIA’s clients? Scheduled third meeting with Waddell & Reed. Any experience with World Financial Securities group / <span style=“font-weight: normal;” =“bold”>World Securities group<span style=“font-weight: normal;” =“bold”>?

[quote=centaur_sr]Thanks liquidasset! I appreciate your input. Just passed Series 65 on first try with very good score. What should be the next Series? What effect often changing firms have on relationship with RIA’s clients? Scheduled third meeting with Waddell & Reed. Any experience with World Financial Securities group / World Securities group?
[/quote]

Is it ok to leave an IA firm with your book? Do they place restrictions?

If you go with Waddell, put alot of clients into IVY funds if you plan on moving. IF you use WR funds they won't transfer without a hit. My suggestion is to try to find a place where you can see yourself long-term. No experience with the company you mentioned.

[quote=liquidasset]

If you go with Waddell, put alot of clients into IVY funds if you plan on moving. IF you use WR funds they won't transfer without a hit. My suggestion is to try to find a place where you can see yourself long-term. No experience with the company you mentioned.