Short answer: most finance jobs that involve recommending or selling securities require a FINRA or NASAA license. The usual on-ramp is the SIE (no sponsorship needed), then a representative exam like the Series 7 once a firm sponsors you, plus a state-law exam (Series 63 or 66). Advisers who are not at a broker-dealer often take the Series 65 instead.
Which securities license do you need?
- SIE — the entry point. Anyone 18+ can take it without a job offer; most firms expect it before they will register you.
- Series 7 — the General Securities Representative license to sell a broad range of products. Requires firm sponsorship.
- Series 63 — state-law registration as an agent, usually paired with the Series 7.
- Series 66 — combines state agent + Investment Adviser Representative registration, taken with the Series 7.
- Series 65 — Investment Adviser Law exam for advisers who charge fees; no sponsorship required.
How to get your first finance job and get licensed
- Pass the SIE first. It signals commitment to employers and removes a step once you are hired.
- Apply to roles that sponsor exams — broker-dealers, banks, and advisory firms register and train new hires.
- Once sponsored, take your representative exam (often Series 7) plus the required state exam (63 or 66).
- Going independent as an adviser? The Series 65 lets you register without a sponsor.
What roles do these licenses unlock?
Common paths include registered representative, financial advisor, investment adviser representative, and state securities agent, along with branch, operations, and client-service roles that expect registration. The right license depends on whether you sell securities, advise for a fee, or both.
Frequently asked questions
Can I get a finance license without a job?
You can take the SIE and the Series 65 on your own. Representative exams like the Series 7 require sponsorship by a FINRA-member firm.
Which license should I get first?
Start with the SIE. It is the prerequisite most firms expect and the foundation for every representative-level exam.
Ready to start? Begin with the SIE course, then prep the Series 7, Series 63, Series 65, or Series 66 with Passing Rate.
Passing an exam does not guarantee employment, registration, or any particular income. Registration rules are set by FINRA and NASAA and can change — confirm current requirements with your firm.
Related guides
How to pass the SIE · How to pass the Series 7 · How to pass the Series 63 · How to pass the Series 65 · How to pass the Series 66
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