Best way to get sponsored
I was hoping to get some ideas on the best way to get sponsored so I can take the Series 7,63 Exam. I passed the 65 at the end of March. I've spoken with ML and Wells, at Wells I took a test that I apparently failed. I really do not want to go thru the larger firms as I already know I would not be able to bring in the kind of business they would be looking for and plus if I drop out of their programs I would be required to pay back training expenses which I have no idea what that would be. Although I would be willing to pay for all study materials and the exam itself. My question is: given I have a 65 could I open my own business then hook up with a broker/dealer and use my company as the sponsor? I do not want be a full commision only financial advisor, I would really like to work at Scottrade or TD as a branch broker but so far I am unable to get anywhere with these places without having my 7,63. It's very frustrating given I have a real passion to work in the industry but can't get past the what came first/ chicken or the egg issue. Appreciate any ideas or suggestions. Thanks
If you want the 63 you don’t need to be sponsored…for the 7 you will need to be sponsored…my suggestion is get the 63 on your own and look for desirable companies you would like to work for and submit your resume once you pass the 63.
They will see that you have half of the licenses required and potentially hire you.
That’s what I would do if i was in your shoes.
i’m also looking for the sponsored,i want to know how to get it
I would be required to pay back training expenses which I have no idea what that would be.