a man walking up stairs into his financial advisor career path

Finding Your Financial Advisor Career Path

Find your Financial Advisor career path, explore the many career options graduates have after completing our 14 week program, and the requirements for each role

Financial Advisor Career Paths And Their Requirements

Navigating the financial advisor career path demands a deep understanding of licenses and for aspiring financial advisors to conquer their respective license exams. While FATI doesn't offer Series 6, 63, or 65 exams, it's crucial to note that the Series 66 License combines Series 63 and 65. The Series 7 License is essential for those focusing on comprehensive securities expertise, covering trading stocks to engaging in primary market offerings. Aspiring advisors pursue the Series 66 License for a holistic approach, integrating investment advice, securities sales, and comprehensive financial planning. FATI, focusing on the highest level and most applicable licenses for today's client demands, ensures its graduates are equipped with the Life and Health, SIE, Series 7, and 66 licenses, maximizing their impact for career success and career opportunities.

Securities Industry Essentials (SIE): Foundational Knowledge Assessment

Navigating diverse financial advisor career paths demands a deep understanding of licenses. While FATI doesn't offer Series 6, 63, or 65 exams, it's crucial to note that the Series 66 License combines Series 63 and 65. The Series 7 License is essential for those focusing on comprehensive securities expertise, covering trading stocks to engaging in primary market offerings. Aspiring advisors pursue the Series 66 License for a holistic approach, integrating investment advice, securities sales, and comprehensive financial planning. FATI also prepares participants for exams like the Securities Industry Essentials (SIE), Series 7, and Series 66, enhancing their skills in the financial advisory field.

Life and Health License: Safeguarding Financial Well-being

Professionals holding the Life and Health License gain the authority to provide a range of essential financial services. This license allows individuals to offer diverse life insurance policies, including term, whole, and universal options. This authorizes offering individual and group health insurance plans, ensuring comprehensive coverage for clients. 

The scope of the license extends to advising on and selling annuities, serving as a valuable tool for retirement planning. Additionally, holders of the Life and Health License are equipped to discuss and provide insights into long-term care insurance options, offering clients a holistic approach to managing risks associated with health and longevity.

Series 6 License: Specialized Expertise in Investment Products

The Series 6 License is an essential certification highlighting an individual's proficiency in developing diversified investment portfolios. Holding this license allows individuals to specialize in selling mutual funds and tailor investment strategies that align with the client's unique preferences and risk tolerances. This expertise extends to offering variable annuities, providing additional tools to build investment portfolios that cater to long-term financial objectives.

Series 6 license holders are also well-versed in providing valuable advice on insurance premium funding programs tied to investment products. This comprehensive approach enhances clients' understanding of integrated financial planning, creating a solid foundation for informed decision-making. Their involvement in retirement planning through packaged investment products positions Series 6 professionals as crucial guides, helping clients to a secure and prosperous financial future.

Series 7 License: Comprehensive Securities Expertise

The Series 7 License stands as a hallmark for professionals seeking extensive expertise in the securities realm. With the ability to trade stocks and bonds, license holders navigate the intricacies of the stock market to optimize client portfolios. The license also authorizes the selling of options and futures, providing clients with a diverse array of investment tools. 

Series 7 professionals excel in advising on and selling mutual funds and variable products, offering tailored solutions aligned with client's financial goals. Moreover, their involvement in primary market offerings, including Initial Public Offerings (IPOs), showcases a comprehensive understanding of the financial landscape. By providing clients with comprehensive investment advice and portfolio management services, Series 7 License holders play a crucial role in shaping and safeguarding their clients' financial futures.

Series 63 License: Uniform Securities Agent State Law Exam

The Series 63 License, known as the Uniform Securities Agent State Law Exam, is a state-level exam focusing on the laws and regulations governing securities agents and their activities. It tests candidates' understanding of ethical practices, fiduciary responsibilities, and state-specific securities laws. The Series 63 License is typically required for individuals selling securities at the state level.

Series 65 License: Uniform Investment Adviser Law Exam

The Series 65 License, also known as the Uniform Investment Adviser Law Exam, is a state-level licensing exam for individuals who want to work as investment adviser representatives. This exam assesses candidates' knowledge of investment strategies, economic trends, and ethical considerations in providing investment advice. Successfully passing the Series 65 exam is crucial for aspiring investment advisers in various states.

Series 66 License: Holistic Financial Planning

The Series 66 License is a foundational pillar for aspiring financial advisors seeking expertise in holistic financial planning. This comprehensive license empowers professionals to provide investment advice and financial planning services for a fee, a pivotal aspect of client-centered financial advisory. Holders of the Series 66 License are proficient in selling securities, spanning stocks, bonds, and mutual funds, ensuring their clients a diverse range of investment options. 

The license equips advisors to offer in-depth analysis and recommendations on a broad spectrum of financial products, fostering a nuanced understanding of the ever-evolving financial landscape. With a focus on managing client portfolios and advising on asset allocation, professionals with the Series 66 License are well-prepared to guide clients toward personalized, effective financial strategies that align with their goals and risk tolerance.

Ready to learn more? Request information below.
Request A program overviewstart your enrollment process

How We Support Students on their Financial Advisor Career Path

The Financial Advisor Training Institute prepares aspiring financial advisors for careers in financial services through our tailored 14 week Financial Advisor educational program designed to equip candidates with the necessary knowledge and skills. These comprehensive programs cover a range of essential licenses, including the Life and Health License, SIE, Series 7, and Series 66 exams. The Institute's experienced faculty provides expert guidance, ensuring candidates pass the rigorous exams and develop a deep understanding of financial concepts and regulations. 

Beyond exam preparation, the Institute focuses on shaping well-rounded financial professionals, instilling ethical grounding and practical insights essential for success in the financial advising industry. With a commitment to offering a holistic curriculum, experienced faculty, and dedicated career support services, the Financial Advisor Training Institute is a valuable partner in paving the way for aspiring financial advisors to excel in their careers.

Integrating Licenses into a Financial Career

Each financial license presents many opportunities for professionals, enabling them to customize their careers based on individual interests and strengths. Those passionate about insurance often find the Life and Health License a fitting choice, allowing them to specialize in providing comprehensive coverage for clients. Conversely, individuals aspiring to establish a broad investment practice may gravitate towards the Series 7 and Series 66 licenses, offering a more diversified approach. It is common for professionals to hold multiple licenses, strategically equipping themselves to offer clients a comprehensive suite of services tailored to their unique financial needs.

Acquiring these licenses involves a blend of self-study and formal education, culminating in rigorous examinations. The dedication and effort invested in obtaining these certifications testify to professionals' commitment to their field and clients' overall well-being. The rigorous process enhances their knowledge and ensures they are well-prepared, providing clients with expert guidance and informed decision-making.

The Financial Advisor Training Institute (FATI) is instrumental in preparing aspiring financial advisors for many financial services career paths. FATI's tailored programs cover essential licenses like the Life and Health License, SIE, Series 7, and Series 66, going beyond exam preparation to instill a deep understanding of financial concepts and regulations. As professionals armed with multiple licenses step into the financial services industry, their dedication, highlighted through rigorous certification processes, signifies a commitment to delivering exceptional service and shaping the future of financial advising.

Written By Terry Lindner

Board President and Chief Executive Officer at Financial Advisor Training Institute

Building the industry’s future pipeline with qualified, inspired talent. We exist to ensure the future preparedness of the next generation of retail Financial Advisors. By replenishing a depleting and aging workforce with a new, qualified talent pool, we can help uphold the financial well-being of the U.S. Economy and the American public at large.

Related Articles
To sign up to receive our emails, fill in the following fields and hit submit. Thanks, and welcome!
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.