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.

 

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