Series 7 | Wealth Management (2024)

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Feb 23, 2010 10:22 pm

Series 7 | Wealth Management (2)

MovingUp

Joined: 2010-02-20Offline

Took it back in '02 through Jones. I am one that studied too hard. One thing to feel good about is that if you are not doing well on the tests at Jones they will not even let you sit for it. They have it figured out that those that they let take it freeze on the exam or cheated on practice tests. If they feel that it was a just a freeze on the exam thing they will let you take it again.

Feb 23, 2010 10:24 pm

Series 7 | Wealth Management (3)

MovingUp

Joined: 2010-02-20Offline

BTW, I will have to take it again in the next year or so because let it expire after leaving Jones.

Mar 3, 2010 8:06 pm

Series 7 | Wealth Management (4)

qenbirqeni

Joined: 2010-03-03Offline

It’s an easy test - just long as a mofo. Got an 84 and studied two weeks, w/o practice tests. Mostly options questions and regulatory crap.

Jan 23, 2011 7:28 am

Series 7 | Wealth Management (5)

smallcap_research

Joined: 2010-06-18Offline

I am studying for my Series 65 exam. Does anybody have used Kaplan study guides, practice exam, qBook etc. that I can buy from them. Please respond in thes forums and I will follow up. Any info you can provide on getting used Kaplan stuff for Series 65 will be very helpful. Thanks.

Jan 26, 2011 1:03 pm

Series 7 | Wealth Management (6)

MacCO

Joined: 2010-11-08Offline

The 65 made me want to stick a fork in my eye. So much vague law, so little real-world stuff, and I only used the Pass the 65 book. Ended up with an 80, I think, but didn't deserve it. I walked out of the test facility feeling like I'd been hit by a truck.

I used Kaplan's program for the 7, and I thought their online recorded classes were excellent. I also used the Pass the 7 book for contrast. There was much more real-world stuff on the 7, and I got an 86 without studying all that much.

I agree with those who say the 7 is not as tough as its reputation. The 65, though...

.

Apr 29, 2011 9:39 am

Series 7 | Wealth Management (7)

alexus

Joined: 2011-03-24Offline

I took it twice. Once in the early 90's, let it expire when I left the business and then took it again in 2006. Scored high both times and didn't exactly kill myself studying. Just do your work and you'll be ok.

May 9, 2011 4:40 pm

Series 7 | Wealth Management (8)

cbr1000

Joined: 2011-05-09Offline

hey guys. dont mean to hijack the thread but i cant make a new one bc im new.

anyway im currently at a firm working in ops. i got my foot in the door and now there sponsoring me to take the 7. ive read the book twice. once i did a read through, second timetook notes. i also attended a 4 week class (2hrs twice a week) last month.the study material is by STC. you would think i would be ready for the test but im def not. i havent taken any of the practice tests and to be honest iprobably havent been taking it as serious i should be (have alot of stuff going on outside of work that i can't 100% focus). i know the practice tests are the most important part of the studying...

my test is scheduled for june 3rd. soi have about 3-4 weeks. starting tonight i will take the practice exams provided by stc. imfollowing what the book says (take the test open book; see the answer and explanation).i get homelate so i can only do maybe 2 hours a night of study.

just looking for advice. and if you guys have any better approaches to it im all ears.

thanks in advance

Jul 21, 2011 11:29 am

Series 7 | Wealth Management (9)

abovocom

Joined: 2011-07-21Offline

Has anyone recently tried Training Consultants or Kaplan for the Series 7? I am not crazy about Fire Solutions. See my other post http://forums.registeredrep.com/forums/rookies-trainees/fire-solutions-issues-series-7-test-prep-provider-help

Aug 4, 2011 4:13 am

Series 7 | Wealth Management (10)

Fing Fang Foom

Joined: 2011-08-04Offline

Hi all. Glad to find this site.

I enjoy reading about other people going through the same stuff I am going through at the moment. I am studying for the 7 using TC. Reading that the practice test (I am assuming you are mainly meaning the "Finals Practice test #1-5) are harder is a big relief.

I look forward to taking the 7 next week, Best wishes to the rest of you getting ready to take your 7 soon

Aug 4, 2011 4:18 am

Series 7 | Wealth Management (11)

Fing Fang Foom

Joined: 2011-08-04Offline

Sorry, Double posted

Sep 14, 2011 1:56 am

Series 7 | Wealth Management (12)

skeeder

Joined: 2011-09-14Offline

I took it about a year ago. The series 7 is a bear...its long...I'd recommend that you know options IN and OUT. As alot of questions are on this. I studied for two weeks and passed with an 86%.

Sep 14, 2011 2:24 am

Series 7 | Wealth Management (13)

abovocom

Joined: 2011-07-21Offline

Hi: I just passed the Series 7. I started using Fire Solutions and was very unhappy with the program. I evaluated Pass Perfect and others but finally settled on Training Consultants. It was very well laid out and explained. I passed the exam in the mid-eighties. The final exam questions on Training Consultants were very similar if not identical to the actual Series 7 about 50% of the time. My particular Series 7 had about 30 to 40 breakeven and profit and loss questions related to options. I would say that Training Consultants is the best if not one of the best programs out there and I am now using them for my Series 66.

Oct 6, 2011 2:07 pm

Series 7 | Wealth Management (14)

wont stop

Joined: 2011-10-04Offline

take as many practice tests as possible, read the kaplan book twice, you will pass with flying colors just like I did. Once you are consistently making over 80% on practice tests you are ready for the real thing. The real thing is much easier than the practice tests. I can't say the same for the 63. The wording was much different on that exam. Plus the book I had was outdated. Still managed to passin the high 70s.

Oct 3, 2012 2:39 am

Series 7 | Wealth Management (15)

Guruing

Joined: 2012-10-03Offline

Pass Perfect is a great program to prepare for the s7

Reply

As someone deeply immersed in the financial industry, particularly in the realm of securities licensing exams, I can attest to the nuances and challenges individuals face when preparing for and taking exams such as the Series 7 and Series 65. The Series 7 exam, administered by FINRA (Financial Industry Regulatory Authority), is a crucial step for individuals seeking to become registered representatives or stockbrokers, while the Series 65 exam is required for those aiming to become investment adviser representatives.

Now, delving into the discourse provided in the forum, we encounter a plethora of insights and experiences shared by individuals who have undergone the arduous process of preparing for and taking these exams.

Firstly, it's apparent that preparation styles and durations vary significantly among test-takers. Some individuals, like MovingUp, emphasize the importance of adequate preparation and even mention instances where the exam had to be retaken due to expiration. This underscores the necessity of maintaining a consistent level of readiness, even after initial success.

Others, like qenbirqeni, express confidence in their abilities despite shorter study periods, highlighting the subjective nature of difficulty surrounding these exams. While some find the Series 7 "long as a mofo" but manageable with focused study, others, like MacCO, find the Series 65 to be significantly more challenging due to its emphasis on vague laws rather than practical knowledge.

Study materials also play a pivotal role in shaping one's preparedness. Individuals seek out resources like Kaplan study guides or Training Consultants programs, with preferences based on factors such as comprehensiveness, clarity, and alignment with the exam's content. Test-takers often rely on a combination of self-study materials, classes, and practice exams to reinforce their understanding of complex concepts.

Moreover, the forum reflects the communal aspect of exam preparation, with members seeking advice, sharing strategies, and recommending resources to aid fellow aspirants. This collaborative environment serves as a valuable support system for individuals navigating the complexities of securities licensing exams.

In summary, the discourse encapsulates the diverse experiences, challenges, and strategies inherent in preparing for securities licensing exams such as the Series 7 and Series 65. From the significance of thorough preparation to the pivotal role of study materials and communal support, each aspect contributes to the multifaceted journey toward exam success in the financial industry.

Series 7 | Wealth Management (2024)
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