What is it going to take to break into SunTrust Robinson Humphrey??
OK. I've applied twice to Institutional Equity Sales positions in Atlanta. I have the licenses that are needed to do the job with the exception of the Series 7. I have the relevant experience. I've done all the traditional stuff that everyone should do:
1) e-mailed the recruiter
2) professional resume
3) obtained Series 63 (all I need is Series 7, which requires their sponsorship)
4) networked on LinkedIn
5) contacted alumni
6) checked status daily online in terms of where I am in the process/followed-up with the recruiter
What will it take to break into Equity Sales there?
I feel as though I've done everything I can do and at this point I'm just checking their website everyday and applying to positions with the same negative result twice, but yet my background is solid!
Please help!






Series 65 maybe? For this
Series 65 maybe? For this position it sounds like that's something they would ask you to take down the line at some point. So you might as well get started on it now and it does not require sponsorship.
I mean dude you are not
I mean dude you are not guaranteed a position just because you followed protocol.
The Series 65 gives the
The Series 65 gives the person who has the license the ability to charge a fee for money under management. It's really for financial advisors. With institutional sales, I really wouldn't have the money in accounts with my name on it. It would just be me providing market color and advice to institutions.
TraderDaily wrote: The Series
The Series 65 gives the person who has the license the ability to charge a fee for money under management. It's really for financial advisors. With institutional sales, I really wouldn't have the money in accounts with my name on it. It would just be me providing market color and advice to institutions.
What you're saying is effectively true. However, in most states, to become an RIA, you need one of:
1 - Series 65
2 - Series 7 AND Series 63.
So the fact that they want you to have both 63 & 7 indicates that they might consider you for an advisory role - ie it makes the position flexible and you'd be state-qualified. So if you can walk in already having the Series 65 it shows that you understand this and are also apt to pass these kinds of tests. Also, keep in mind that to most places you'll be useless without the Series 7. If you can walk in with a Series 65 you could be effective (in some capacity) from Day One. That's a pretty good leg up on everyone else.
GentlemanJack
The Series 65 gives the person who has the license the ability to charge a fee for money under management. It's really for financial advisors. With institutional sales, I really wouldn't have the money in accounts with my name on it. It would just be me providing market color and advice to institutions.
What you're saying is effectively true. However, in most states, to become an RIA, you need one of:
1 - Series 65
2 - Series 7 AND Series 63.
So the fact that they want you to have both 63 & 7 indicates that they might consider you for an advisory role - ie it makes the position flexible and you'd be state-qualified. So if you can walk in already having the Series 65 it shows that you understand this and are also apt to pass these kinds of tests. Also, keep in mind that to most places you'll be useless without the Series 7. If you can walk in with a Series 65 you could be effective (in some capacity) from Day One. That's a pretty good leg up on everyone else.
Ah! I see. Thank you for telling me that. Makes sense.