Who to become free from fember firms
Simple question. I’m interested in advising my clients on building a mutual funds based portfolio.
Do I have to take any other exam besides the Series 7?
Can I Just be a private rep, advising clients? or I need the 66 for that.
"Who to become free from fember firms"
Regardless of your grammar and spelling, you only need the Series 6 to sell funds. You need the 7 to sell stocks and bonds. And you need the 66 to label yourself an "advisor."
And some states require the Series 63. You will need to be affiliated with a broker/dealer to take these exams and work with clients, with these licenses.
He wants to advise clients. There is no reason for him to affiliate with a B/D. He doesn't need to take any exams that require B/D affilliation.