Well, let me start by saying I graduated from University of California riverside in Spring of 2009. After graduation, I tried my hardest to find a job I felt good about, but mainly, the only job I was able to land were marketing jobs (B2B). I only stayed on doing that job for 6 months, as I felt that I had to do something to gain experience, all the jobs I was looking into wanted experience. Then after I thought that I had recieved a little bit of experience, I thought that I would study for the GMAT and attend a decent MBA program. I recieved a 600, but felt that I still needed more work experience if I were to apply to business schools. So, now I plan on working for about another year or 2, to get more work experience. I really wanted to have a job in finance after college, but couldn't even get an interview with any companies. Now, I have an interview with Waddell and Reed and they said they would sponsor me for the series 7 and 66 if I get hired, but I would have to pay about $1500. When I asked why they charge, as other companies don't, the manager said it is because people take the position, then once they recieve their licenses, they quit. I am curious, because, I want to know if one could actually do that. I read a lot of negative posts on this forum about Waddell and Reed, and I am hesitant to take the position. I am a hard worker and know I will do fine in the industry, but I don't have experience. So my question is, do those people who take the Waddell and Reed offer, then pass the series 7 and 66 exams, find and transfer to other more well known firms? I have a friend tat works at Wells Fargo as a financial advisor and a soon to be brother in law (my sisters future husband's brother) who works at MSSB. If I were to get licensed through Waddell and Reed, then talk to these people who are already in the "game," would I have a good chance in getting into a more respected company. From what I have read, Waddell and Reed looks like poison on your resume. In addition, what are the rules that stipulate a license transfer from one firm to another, even if you have yet to make any clients? Again, let me iterrate that I have my third interview with Waddell and Reed comming up in a few weeks, so I would like honest advice about what my options are and if my plans of moving to another firm after I recieve my licenses or maybe some experience would be a good idea. To end this long story off, I would probably be searching for a job while I am employeed, that way I would'nt have to quit right away from Waddell and Reed.