Series 63: Acting As Both Principal And An Investment Adviser

Taken from our Series 63 Online Guide

Acting as Both Principal and an Investment Adviser

While broker-dealers regularly sell their customers securities that they themselves actually own (known as acting as a principal), it is far less common for an investment adviser to do the same thing. Since an investment adviser is not registered as a dealer, selling a customer securities out of the firm’s account requires special written consent from the customer by the date the transaction is complete.

+ Read More

More Series 63 Info

What are people saying?

Create an Account

Since you're reading about Series 63: Acting As Both Principal And An Investment Adviser, you might also be interested in:

Series 66 - Exemptions to Issuer and Security Registration

Series 79 - 9.2. Allocation

Series 24 - 4.1 Underwriting a Securities Issue

Series 7 - 8.2.1 Death Benefit

Series 82 - 3.4.4.2. Using Losses to Offset Gains

Series 79 - 11.2.3. Identifying Tax Issues

Series 65 - 10.6.1 Testimonials for Investment Advisers

Series 65 - 7.3.1 Holding Period Returns

Series 52 - 8.4.2.1. Communications with the Public

Series 65 - Theories of Portfolio Management

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Solomon has been the gold standard for our team for studying and passing! The information was presented clearly and everyday language. I did take the series 6 twice, due to testing anxiety, but I passed the 6 with 73%. I took my 63 one month later, and passed with 82% !!

Ciarra DiPiazza, CB Financial Services, Tacoma, WA

Taking the 63 felt like a breeze, thanks to your exam prep materials. I didn't have to flag any questions for review, and was confident throughout that I'd get to see the screen say "Pass" when it was over.
Now 3-for-3 using Solomon to help me pass a licensing exam on the first attempt. The materials are easy to digest and comprehensive, and having the ability to take high-quality practice tests prepared me well for the real exams. Very grateful to my employer for using this content, and to the team at Solomon for making it so complete and easy to use.

Andrew Nerys, Square Inc. San Francisco, CA

I passed the 63 on the first try with Solomon Exam prep! The Exam Simulator was amazing and the Audiobook really helped!!!

Brad Eiden, Jefferson National, Louisville, KY

Love Solomon, I tried other companies and the ones I used didn't prepare me. Solomon teaches you the concepts and the practice tests helped me pass my Series 65, 63, and the 6 on my first try. I've had no less than four of my friends use Solomon and they have all had similar success. Work hard with the correct study material and you will have success.

Gerald Barnes, Client One, Peoria, AZ

Passed my Series 63 with an 82% on my first attempt! Practice tests were definitely very valuable and prepared me well!

Michael Bikas, PNC, Cincinnati, OH

Your exam prep is the best! Passed both the 6 and 63 using Solomon and I recommend it to everyone.

Karen, Colorado Springs, CO