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FINRA Series 7 Certified Professional Salary
The average Salary of a Series 7 Certified Professional Salary in
- Europe: 35,864 Euro
- United States: 90,000+ USD
- India: 12,00,000 INR
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Introduction to FINRA Series 7 Certification Exam
The Series 7 exam, the General Qualification Representatives Exam (GS) exam, assesses the competence of a registered representative at entry-level to exercise its function as the general representative of qualifications.
The exam measures the extent to which each candidate has the knowledge necessary to perform the essential functions of a general securities representative, including sales of corporate securities, municipal securities, investment company securities, variable annuities, direct participation programs, options, and government bonds.
Applicants must successfully complete the Securities Industry Essentials (SIE) and Series 7 exams to obtain registration from the Financial Representative General.
Reference: https://www.finra.org/registration-exams-ce/qualification-exams/series7
FINRA Series-7 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives | 9% | - Customer information collection - Determining investment suitability - Account documentation and regulatory compliance - Types of accounts and ownership structures |
| Topic 2: Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions | 11% | - Handling errors and discrepancies - Order types and execution procedures - Recordkeeping and reporting requirements - Trade settlement and confirmation |
| Topic 3: Seeks Business for the Broker-Dealer from Customers and Potential Customers | 7% | - Identification of potential customers - Regulatory requirements for communications with the public - Prospecting and sales practices |
| Topic 4: Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records | 73% | - Characteristics of equity securities - Direct participation programs - Taxation and regulatory rules - Investment company securities and variable contracts - Portfolio analysis and risk management - Options and derivative products - Debt securities and government obligations - Municipal securities |




