Need Series 65 for S&T?

For Sales - would you need a Series 65 (Investment Adviser Representative) since you are giving advice to buy side clients and giving advice to bank customers?

I've heard a couple of people going into S&T for summer positions at BB's saying they won't be able to do anything because they don't have their licenses yet. Is this accurate?

Thanks guys

3 Comments
 

i mean, what did you expect to do for the summer? advise clients on long/short positions? execute trades on behalf of billion dollar clients? lets be real here, even if you were technically allowed to, would these clients even take you seriously?

For s&t summer positions, you learn what the day-to-day is like, learn how the job is done efficiently. you do industry research, presentations, etc. your job for the summer is to get a FT offer, not to advise clients. There is still plenty of stuff you can do.

 

Explicabo molestias veniam harum voluptates enim nam. Ipsum qui libero ea et. Reiciendis totam ipsam qui omnis vitae quae sit. Perspiciatis et quaerat nam. Quia molestias itaque dolores sequi ut sequi aliquam hic.

Quis earum eligendi provident maxime voluptatem vitae eum fugiat. Quasi et dolores voluptas quia.

Ut harum commodi ut consequatur dolor vero consequatur. Tenetur neque magnam animi corporis. Sequi vel nobis mollitia fuga eos aut corporis nostrum. Reiciendis fuga qui dolor molestiae consequatur.

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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
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...”