Passed my series 63 tonight!!!

**ddefazio** · November 16th, 2009, 10:31 PM

After a long summer and fall of studying I now have my series 6 and 63 after passing this exam tonight...

**ErSwnn** · November 16th, 2009, 10:37 PM

You seem quite happy about this and for that, I'm happy for you. But ummmm.....what's a series 6 and 63? But whatever it is I'm sure you had to work at it and made yourself smarter by doing so.....well done!

**ddefazio** · November 16th, 2009, 10:40 PM

series 6 and 63 allows me to sell securities like mutual funds, or any variable investments.

**ErSwnn** · November 16th, 2009, 11:07 PM

Originally Posted by ddefazio

series 6 and 63 allows me to sell securities like mutual funds, or any variable investments.

So.....does that include bailouts?

Sorry man, couldn't resist. Best of luck to you on this. Forget the luck....do it with skill!

**ungawa** · November 16th, 2009, 11:12 PM

Originally Posted by ddefazio

series 6 and 63 allows me to sell securities like mutual funds, or any variable investments.

Do you get long-term commissions on the MFs? And when you pass off your clients in 20 years does your protege owe you continuing commissions? I know people that have put together fantastic retirements through MF and insurance sales.

**ddefazio** · November 16th, 2009, 11:23 PM

I will now be a financial rep for State Farm and until I have my own agency I will not recieve residuals. I am still contemplating if State Farm will be the place that I make my career at. I am not crazy about being captive and not having more options to offer. State Farm is a fantastic insurance company though...