Becoming a Broker with Series 7 + 63

🟦 Becoming a Broker with Series 7 + 63
Your path to a registered representative role starts here.

If you’re aiming to become a licensed broker, the combination of the Series 7 and Series 63 exams is your essential entry point. These two licenses together authorize you to sell a wide range of securities products across U.S. states—legally and professionally.

Here’s a step-by-step breakdown of how to become a broker using Series 7 + 63:

📘 Step 1: Understand What Each License Covers

✅ Series 7 – General Securities Representative Exam

• Allows you to buy and sell:
  • Stocks
  • Bonds
  • Options
  • Mutual funds
  • Municipal securities
  • Variable contracts
• Required for full-service brokers at firms like Merrill Lynch, Morgan Stanley, or Raymond James

✅ Series 63 – Uniform Securities Agent State Law Exam

• Covers state-level regulations (Blue Sky laws)
• Required by most U.S. states to conduct securities business within their borders
• Focuses on ethics, state registration, and fraudulent practices

📌 Together, these licenses allow you to sell securities nationwide and comply with both federal and state laws.

🧾 Step 2: Get Sponsored by a FINRA-Member Firm

You must be employed or sponsored by a broker/dealer to sit for the Series 7.

• Your firm will file Form U4 on your behalf
• You cannot take Series 7 on your own—no self-registration allowed
• Once registered, you can then take the Series 63, which does not require a sponsor

📌 Many firms have trainees pass the SIE first, then proceed to Series 7 + 63.

🧠 Step 3: Study and Pass Both Exams

✅ Most candidates spend 4–8 weeks preparing for Series 7
✅ Series 63 can often be prepped for in 2–3 weeks, especially after completing Series 7

💼 Step 4: Begin Your Career as a Broker

Once you’ve passed both exams and are registered:

• You can officially act as a Registered Representative
• You’ll help clients with investments, open brokerage accounts, place trades, and offer product recommendations
• Many brokers specialize in wealth management, retirement planning, or sales trading

📌 Ongoing compliance includes Continuing Education (CE) and firm training

📈 Career Paths with Series 7 + 63

• Retail broker / financial adviser
• Institutional sales representative
• Trading desk associate
• Wealth management associate
• Client relationship manager

🚀 Ready to Get Licensed?

Start your prep with structured, expert-led Series 7 and 63 courses at
👉 finra-exam-mastery.com
Includes video lessons, practice exams, cheat sheets, and lifetime access.
Your broker career starts with a license. Let’s earn it.