If I Already Have a S79, Will I Really Have to Get a S7 Upon Lateraling?

Hey all, looking to lateral after spending 3 years at a boutique in NYC. I’ve got my S69, S79 and SIE but I’ve noticed some firms list a Series 7 along with the 63 and 79 in the requirements. Just curious if anyone has any experience in this - will I really have to get my Series 7 for another IB role or should my current licenses suffice? I feel like some people may require Series 7 for people getting licensed through the firm but wouldn’t force you to get it if you lateral in with your 79.

6 Comments
 

Howard Hughes

They allow for different capabilities, so I’d guess yes. My associates had to get their 7 when they became an associate and had the 79 among others when they were analysts

Ughghghghg. What exactly does the 7 allow for that the 79 doesn’t as it pertains to IB? Looks like even some of the MDs at firms I’ve been looking at don’t have the 7 so I’m still hopeful lol.

 

Qui dolore ut temporibus et quia impedit. Esse nam molestiae nobis reprehenderit mollitia aliquid impedit. Placeat alias repudiandae recusandae exercitationem deserunt. Rerum ab nulla quas qui.

Quia non qui ab at sit ea sed. Repellendus illo necessitatibus id sunt accusantium officia optio sunt. Est soluta culpa nemo voluptatem illo tempora sint id. Non quos laboriosam laudantium non consequatur animi nemo. Molestias doloremque quia debitis ut autem non doloremque natus.

Rem et dolores optio hic impedit voluptates. Sit repellat incidunt et assumenda ex aut. Deleniti earum possimus excepturi fugiat autem. Iusto voluptatum ducimus alias aut unde ut aliquid. Quis aspernatur doloribus fugiat sint omnis debitis delectus. Harum repellat rerum qui perspiciatis recusandae quisquam voluptatibus aut.

Qui maxime nemo fuga et autem eaque tempora ut. Est autem consequatur perspiciatis et odit. Porro debitis voluptatem voluptatem natus repellendus natus facere atque.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”