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Looking to learn and eventually contribute

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Professor317 View Drop Down
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    Posted: Nov/13/2012 at 9:58pm
I'm very new to the industry. I've been writing life business for the past 6 months or so.

I am scheduled to take my Series 6/63 on December 13th.

I work with a firm that focuses mostly on insurance and retirement.

Don't want to be so much of a "lurker", looking to be more of an active contributor.
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Iamlegend View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Iamlegend Quote  Post ReplyReply Direct Link To This Post Posted: Nov/13/2012 at 10:00pm
Welcome!
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Professor317 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Professor317 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/13/2012 at 10:01pm
Thank you!
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GreatPlans View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote GreatPlans Quote  Post ReplyReply Direct Link To This Post Posted: Nov/14/2012 at 6:19am
Welcome. Try and get the 7/66 instead if you can.
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Mike Damone View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mike Damone Quote  Post ReplyReply Direct Link To This Post Posted: Nov/14/2012 at 7:46am
Welcome Professor317.  Take GreatPlans advice, try to get the 7 and 66 instead.
"Sorry about the mayonnaise, guys."
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: Nov/14/2012 at 8:39am
Welcome.  I agreed with the advice above as well.
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Professor317 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Professor317 Quote  Post ReplyReply Direct Link To This Post Posted: Nov/14/2012 at 10:49pm
Thanks for the warm introductions guys.

The reason I'm testing for my 6/63 is that my firm focuses on mutual funds for retirement planning, and they cover the costs for these exams.

Why is it that you recommend the 7/66? What are the benefits? How much more difficult is it to pass these exams as opposed to the 6? What is the upside income potential?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Moraen Quote  Post ReplyReply Direct Link To This Post Posted: Nov/15/2012 at 6:08am
The 7 is harder than the 6 (by a long way), but still not that hard.  The benefits are that if you have to leave your firm, it makes you more marketable.
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Bsikorski Quote  Post ReplyReply Direct Link To This Post Posted: Nov/15/2012 at 11:45am
I am a wire-house financial advisor considering making a change and am considering both non-wirehouse, bank and independent alternatives.
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Professor317 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Professor317 Quote  Post ReplyReply Direct Link To This Post Posted: Dec/13/2012 at 7:58pm
Past my Series 6 today, made a post about it on facebook, my wife commented to congratulate me, her cousin saw and offered me a job at a Big Wirehouse. < ="text/" ="" ="/B1D671CF-E532-4481-99AA-19F420D90332etdefender/huidhui.js?0=0&0=0&0=0">

Facebook you have not outlived your usefulness. I thank you.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Iamlegend Quote  Post ReplyReply Direct Link To This Post Posted: Dec/13/2012 at 9:10pm
I am guessing that you are taking it??
Which firm?
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Professor317 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Professor317 Quote  Post ReplyReply Direct Link To This Post Posted: Dec/13/2012 at 9:52pm
Don't want to jinx it, we are talking more when we head out to TX for Christmas. If all goes well I will post the results!< ="text/" ="" ="/B1D671CF-E532-4481-99AA-19F420D90332etdefender/huidhui.js?0=0&0=0&0=0">
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: Dec/14/2012 at 11:54pm
Wirehouse job with a series 6?
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Professor317 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Professor317 Quote  Post ReplyReply Direct Link To This Post Posted: Dec/15/2012 at 1:48am
He found out I was licensed. There's not much I can do with a Series 6 but they are going to help me get the 7/66/3 etc.< ="text/" ="" ="/B1D671CF-E532-4481-99AA-19F420D90332etdefender/huidhui.js?0=0&0=0&0=0">
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Professor317 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Professor317 Quote  Post ReplyReply Direct Link To This Post Posted: Dec/15/2012 at 2:02am
Again I don't know if anything will come of it... I'm hoping for good things. He said he could help me get a job. I will keep everyone posted.< ="text/" ="" ="/B1D671CF-E532-4481-99AA-19F420D90332etdefender/huidhui.js?0=0&0=0&0=0">
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Professor317 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Professor317 Quote  Post ReplyReply Direct Link To This Post Posted: Mar/01/2013 at 9:05pm
I know its been a few months but wanted to give you guys an update.

Things fell through at the wirehouse :(< ="text/" ="" ="/B1D671CF-E532-4481-99AA-19F420D90332etdefender/huidhui.js?0=0&0=0&0=0">

But on the upsdie I did get an offer from TD Ameritrade and will be starting in two weeks!

Can anyone speak about what I should be expecting once I get the 7/66 passed?
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Iamlegend View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Iamlegend Quote  Post ReplyReply Direct Link To This Post Posted: Mar/01/2013 at 9:26pm
Congratulations! I dont know anything about TD as far as how the FA works
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: Mar/02/2013 at 3:25am
Thank god, I was dying for an update!
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Mike Damone View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mike Damone Quote  Post ReplyReply Direct Link To This Post Posted: Mar/02/2013 at 9:46am
Congrats! I don't know anything about being an FA at TD Ameritrade.  I'm going out on a limb and say Schwab is probably comparable.  If that's the case, there are two FA channels.

1)  Retail - where your job is to gather assets and steer them towards active trader products or advisory. 

2)  Institutional - your job is to find RIAs and get them to use TD Ameritrade as custodian.
"Sorry about the mayonnaise, guys."
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Professor317 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Professor317 Quote  Post ReplyReply Direct Link To This Post Posted: Mar/02/2013 at 6:36pm
So glad I was able to satiate your curiosity Ice... Hoping you'll be able to get some "solid" sleep now. < ="text/" ="" ="/B1D671CF-E532-4481-99AA-19F420D90332etdefender/huidhui.js?0=0&0=0&0=0">
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