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-   -   Anyone here Series 6 Licensed? (http://www.orangemane.com/BB/showthread.php?t=111315)

ludo21 06-26-2013 11:11 AM

Anyone here Series 6 Licensed?
 
I am going to be Cross trained in my job and need to get this license now... I am not currently licensed in anything so I have to study my butt off now...

Any recomendations? Help wanted! (btw my company is giving me material but just looking for more assistance as well)

Mogulseeker 06-26-2013 11:15 AM

Six is insurance sales, right?

myMind 06-26-2013 12:24 PM

http://www.kfeducation.com/securities/series-6/

Its not free, but itll get you where you need to go.

MrPeepers 06-26-2013 12:28 PM

I have 6/7/63 here in scottsdale.

MrPeepers 06-26-2013 12:29 PM

I have old training stuff I think if you wanted some guides. Granted it changes a little each year, but my licenses were issued 3 years ago

ludo21 06-26-2013 01:03 PM

good deal thanks all! I pm'ed you peep. I got til aug 5 before i take the test, so its a month long cram session

TerrElway 06-26-2013 03:15 PM

I don't have any of the materials anymore or I'd help you out.

The 6 has more study materials but the 63 was harder. It's easy to take the 63 for granted because there are less materials than the 6.

R8R H8R 06-26-2013 06:06 PM

while the 6 is not super hard, it is easy to flunk if you dont take it seriously. i would recommend taking the classroom crash course, if your company would pay for it. it is worth it.

ludo21 07-31-2013 11:11 AM

A follow up:

- My company paid for lots of material and a crash course and I passed!

Woohoo, now i hope I get a raise with it.

Drunk Monkey 07-31-2013 12:00 PM

I was 10 years ago. If I managed to pass while still living with my college roommates acting like we were still in college then anyone can.

Drunk Monkey 07-31-2013 12:01 PM

Quote:

Originally Posted by ludo21 (Post 3885393)
A follow up:

- My company paid for lots of material and a crash course and I passed!

Woohoo, now i hope I get a raise with it.

congrats

07-31-2013 02:46 PM

My bro passed the 6, 63, and 7 all within the last year. Lots of studying, does not seem like a fun time

Anyway, congrats OP!

R8R H8R 07-31-2013 03:22 PM

Quote:

Originally Posted by ludo21 (Post 3885393)
A follow up:

- My company paid for lots of material and a crash course and I passed!

Woohoo, now i hope I get a raise with it.

Congrats!

Just wondering because I have been in the securites business for about 28 yrs now. You say you are going to be crossed-trained. Please elaborate. What are you doing now? And how will your job change now that you are licensed.

ludo21 07-31-2013 03:40 PM

Quote:

Originally Posted by R8R H8R (Post 3885735)
Congrats!

Just wondering because I have been in the securites business for about 28 yrs now. You say you are going to be crossed-trained. Please elaborate. What are you doing now? And how will your job change now that you are licensed.

I take phone calls for Participants in 401k Plans (and other qualified plans)... as of your question, I am not sure yet. haha

R8R H8R 07-31-2013 03:47 PM

Quote:

Originally Posted by ludo21 (Post 3885748)
I take phone calls for Participants in 401k Plans (and other qualified plans)... as of your question, I am not sure yet. haha

The series 6 allows you to give investment advice and offer securities products. Legally, you were not allowed to do that prior. It's more responsibility so you should either get a raise of some sorts, or you may get a commission kicker for each new product sold; but that's up to your employer.

Good luck, it's a great business if you are with a good company and you are condusive to sales.

ludo21 07-31-2013 03:58 PM

Thanks! I am hoping any commision will be an addition to salary as i dont want to be All commission

Mogulseeker 07-31-2013 04:20 PM

Quote:

Originally Posted by ludo21 (Post 3885757)
Thanks! I am hoping any commision will be an addition to salary as i dont want to be All commission

That's what turned me off to sales.

I'm still trying to go the CFA route, but having those licenses can't hurt, right?

R8R H8R 07-31-2013 04:45 PM

Quote:

Originally Posted by Swedish Extrovert (Post 3885774)
That's what turned me off to sales.

I'm still trying to go the CFA route, but having those licenses can't hurt, right?

You are right, the securities licenses won't hurt, but unnecessary if you will not deal with the public in any way. What do you do now, and how will the CFA help you?

I thought I wanted the CFA a few years back when I got a wild hair and thought I wanted to work for a mutual fund company as a hotshot securities analyst or manager.

Luckily, I got it out of my system and dropped the idea, as apparently I am the opposite of you and ludo21. I hate the corporate scene, and just love being paid exactly for my production, not to mention the freedom of coming and going when I want.

Anyway, as long as you love your work, it doesn't matter if you are salary or commission.


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