What else besides the series 65 and 66 would I need to be a financial advisor?
Ilooklikemyavatar..exactly asked:
I’m talking about bare basic neccessities for taking a fee for advising legally. I’m talking about legality and not any particular business plan..
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Tagged With Business Plan, Neccessities, Series 65
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2 Responses to “What else besides the series 65 and 66 would I need to be a financial advisor?”
Typically a 6 and 63 also.
If you will be dealing in securities you will need a Series 7 (from the NASD). If you will be dealing with insurance products you will need a series 6. These two are exams you have to take and pass. They are licenses to practice. Financial Advisors would benefit from one or all of the following: Registered Investment Advisor (RIA); CFP Certified Financial Planner; CHFP Chartered Financial Planner; or even a CPA. These are designations you achieve by taking classes or exams. They give you credibility, but aren’t required by law as far as I know.