Can an RIA sponsor a series 7 or 24 exam

3 replies [Last post]
IWM1's picture
Joined: 2014-08-19

Hello Everyone,
I am new to posting to this board.  I was wondering, I have my series 7 & 66 licenses; if i were to start an RIA firm, can I sponsor new employees for the series 7 exam? Generally only the series 63 & 65 is need but if I were to start my own firm I would prefer if employees had their series 7 & 66 instead.  Also, would I be able to sponsor myself for the series 24? Any help, insight or suggestions would be much appreciated, thank you.
Best Regards,

FinAdvisor1's picture
Joined: 2013-07-31

I believe the best place for you to check is to call FINRA. They will have the answer for you. Best of luck and if I can be of assistance training your new hires let me know. Doug with

varunin's picture
Joined: 2015-01-23

i think its 24

Gindie's picture
Joined: 2015-01-08

First, are you leaving a wire or regional firm to go independent? If you want to continue doing this type of business, it may be best to go independent with a firm with a hybrid model, these licenses need to be with a b/d. Please PM me if you would like to discuss in more detail and I would be happy to give you some feedback.

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