Series 63 allows you to sell funds The answer is incorrect above. I obtained a Series 63 License in the state of Tennessee. The Series 63 License is NOT a license to sell FUNDS! It is a license to sell SECURITIES by means of Solicitation!
A series 63 license is a license to sell securities. In order to obtain a series 63, you must pass an exam. Those who hold a series 63 license can sell securities in the state where they passed the test.
Series 6 license is require for professionals who sell mutual funds, variable annuities, retirement plans and insurance products as well. While for series 63 license, it is required for those wish to sell only investment company products like mutual funds and money-market funds.
Yes. To sell variable universal life insurance you will need a Series 63 Securities License, a variable life insurance license, and a regular life insurance license.
You have to first start working with a brokerage firm. They have to sponsor you for the exam and then and only then can you get your license. Along with your series 7 exam you probably will have to take the state licensing exam called the 63 which lets you sell the securities in the states by covering the general laws. Each state does have different laws but the majority of the laws are the same and that's why you have to take the series 63 exam.
Life insurance license Series 6, 63, 66, & 26. Mortgage license Health insurance license.
500
I let my series 6 and 63 licenses lapse in June of 2014 because I no longer needed them. I had my resident license in Alaska and non-resident license in Oregon. I am now going to work for a company in Oregon where it would be beneficial to have these licenses back. Is it possible to reinstate them without having to retake the tests? And, if so, how much would it cost for me to get them reinstated?
85-63 = 22
85
63/22 = apprx 2.8636 This means that 63 is a 186% increase from 22. In other words, if 22 is 100%, 63 is 286%
The increase from 22 to 63 is: 186.4%
Their product.