Each office is run according to the rules and laws that govern the state of the office.
Initial product and license training is a 2-3 week process. Depending on the stage of training, classroom training consists of an average of 6 hours per week. There will be reading and study assignments given which will need to be completed out of class.
Insurance licensing will be administered and provided in accordance with the respective state's Department of Insurance and applicable laws governing that state. Contact your local office for more details.
The Financial Industry Regulatory Authority, FINRA, mandates proper sponsorship is ascertained to gain your securities registration. Financial Foundation Group and its affiliates will provide sponsorship for securities registration or transfer of licensure.
Series 6 registration is a limited license which allows for the sale of mutual fund, variable annuity and variable life insurance products. The series 6 exam, which consists of 100 questions, is multiple choice and requires a 70% to pass.
Depending on state requirements, a Series 63 may be needed. The Series 63 or 'Blue sky' is a 60 question multiple choice exam which also requires a 70% to pass.
Upon successful implementation of company specific requirements we will sponsor our employees for a Series 26 supervisory exam and license. This is a managerial license which will allows supervision of trades and transactions of the employees who work in the local branch.