How To Register For Series 63 Without Firm

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The Series half-dozen (Investment Company and Variable Contracts Products Representative)Securities License is a license regulated by the Financial Industry Regulatory Authorization (FINRA). Series 6 is the main license sought past insurance sales professionals and financial advisors, as it pertains to selling grouped securities that may be tied to insurance products.

Whatsoever insurance amanuensis should strive toward achieving their Serial vi license, but if your primary product line is life insurance, then this license is an absolute necessity.

The Series 6 license works aslope the Series 63 license, and both must be attained to market and sell securities linked products legally.

Step 1: Securities Industry Essentials Exam

The commencement step in getting your Series six License is taking and passing the Securities Industry Essentials (SIE) Exam.

This exam will be an "open exam", which ways that you will not need a FINRA amalgamation earlier registering to take it (more than on that after).

The SIE Test consists of75 multiple choice questionsthat have to be answered in105 minutes (1 hour and 45 minutes).

The fee for taking the SIE is$lx.

To take the exam,y'all must contact your Local FINRA Testing Center to run across what dates the examination is offered and schedule your time.

FINRA Affiliated Sponsorship

Before you can register to take the exam,you must showtime have sponsorship by a FINRA member.

More often than not, this will be the company that you have fabricated an understanding with for employment. Nearly people have that sorted out past the time they are reading this page, only if y'all don't, don't fret.

Most large "life insurance" companies are ever looking to add new faces to their rosters, and then merely do a fiddling searching around, and you should be able to find a reputable visitor to sponsor you.

Once you are sponsored, the company may assist yous with further registration, and may fifty-fifty offer some brief education for the exam.

Step iii: Register for the Serial 6 Exam

After you take gained sponsorship by a FINRA member, you lot are ready toregister to take your test.

The fee for registration is $100, and the registration period lasts for one hundred twenty (120) days.

Enroll for the Series 6 license examination on FINRA. You volition demand to create an account with FINRA. Practise not use a "junk electronic mail address", as you will need all of the following correspondence to complete your registration.

Your FINRA Sponsor volition schedule your Serial vi Examination. Afterward your sponsor has enrolled you, they will provide more data about the exam, and a FINRA ID Number. Keep all of this information, as you will need it throughout the process.

Step 4: Schedule for your Series half dozen Exam

Once you take registered with FINRA, you may nowschedule a time to take your exam.

Note:This is not an test that anyone off the street can come and pass like a breeze. And so why do we at StateRequirement say that scheduling your examination should come earlier studying? Simple. We are human.

Humans have a bad habit of putting things off to the end. Since you simply have120 days earlier your registration menses ends, nosotros highly recommend that you give yourself a date for the exam, and so exercise your studying. This volition allow you to schedule out your studies, and not try to cram near the cease of your registration.

Schedule your exam on Prometric, or call them at (800) 578-6273. Have your FINRA ID Number, phone number, and proper name of the examination (Series 6) fix.

At that place is no fee due when scheduling the exam with Prometric.

We recommend giving yourself between 3 weeks and 2 months to properly report for the examination based upon your familiarity with the material and your ability to absorb new information. Don't schedule too far in advance, or yous will requite yourself more opportunity to procrastinate.

Footstep v: Series 6 Exam Study

In one case you have given yourself a target date in which you will take the test, you must now prepare yourself topass the exam on the first endeavour.

As nosotros mentioned earlier, this examination is not a walk in the park. The material you volition exist studying is non mutual sense, it is in-depth, data-driven material that can be daunting if not taken seriously.

Nosotros're not trying to scare yous, just attempting to be sure that you are properly prepared for the exam.

FINRA has created a Series half dozen Content Outline that covers all the material in the test.

The basic outline is as follows:

Seeks Concern for the Broker-Dealer from Customers and Potential Customers (24% – 12 Items)
Opens Accounts Later on Obtaining and Evaluating Customers' Financial Profile and Investment Objectives (xvi% – viii Items)
Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records (50% – 25 Items)
Obtains and Verifies Customers' Purchase and Sales Instructions; Processes, Completes and Confirms Transactions (10% – 5 Items)

You will take ninety (90) minutes to answer 50 multiple choice questions. 70% right answers is a passing score. The exam costs $40.

Be prepared to see double negative questions, charts, consumer scenarios, and many other types of questions on this exam.

We know you can practise it.

Series 6 Study Materials

There are many types of report materials available for all types of learners.

Recommended Course

For Securities pre-license education and written report materials, StateRequirement recommends: Kaplan Instruction Visitor

They offer live and on-demand classes that cover all the data that you need to pass the exam, forth with cocky-study materials for people who are already familiar with securities content.

FINRA has as well put together a free Securities Exam Tutorial. Though this is less of a study tool, and more of familiarization to the exam software, information technology is useful in that you will spend less fourth dimension learning how the test will look when the clock is ticking.

Check out our Series 6 & 63 Test Guide. It's extremely in-depth and will help y'all pass the first time.

Footstep half dozen: Take the Series 6 Examination

One time you have studied to the point of full comprehension, y'all are ready totake the exam.

Arrive xxx minutes early to your Prometric location, and bring your FINRA ID Number and any other materials requested.

Give the exam your all.You've got this.

Congratulations!

Nosotros knew you could do it.

Your results will be sent to your FINRA sponsor inside three (iii) business days of your successful test.

Now that y'all've passed the Series 6 exam, we assume you will be moving on to the Series 63 license, as you will also demand this license to be able to marketplace and sell securities products in your land.

What happens if y'all don't laissez passer on the beginning try?

The Serial 6 test follows the30/30/180 rule.

After a failed attempt, y'all must wait xxx days to try once again. If you do not laissez passer on the second attempt, at that place is another 30-day waiting flow.

In the event of a 3rd non-pass, in that location will exist a 180-day term until yous tin can endeavor the examination again.

FINRA Contact Information

Mailing Address:
1735 Thou Street, Northwest
Washington, DC, 20006

Phone: (301) 590-6500

Website:https://world wide web.finra.org

Information on this page has been gathered by a multitude of sources and was well-nigh recently updated on July 2020.

Any Information on this site is not guaranteed or warranted to be right, authentic, or up to date. StateRequirement and its members and affiliates are not responsible for whatsoever losses, budgetary or otherwise. StateRequirement is not affiliated with any state, government, or licensing body. For more data, please contact your country's authority on insurance.

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