There is such a huge number of Americans who enter the stock brokerage industry every year. In effect, regulation has become more state-based. So it means that if you are licensed as a stockbroker in New Hampshire, you can only solicit clients there. This is very important because different states also have different qualifications and requirements for the stockbrokers and broker-dealer firms. And if you do want to specialize in New Hampshire, you need to move forward in accordance with the licensing requirements set by the New Hampshire Bureau of Securities Regulation. To mention a few:
Take Qualifying Examinations
All aspiring broker-dealer agents are required to pass the Series 7 exam. For this, you need to get a New Hampshire-based broker-dealer firm to sponsor you. Said broker-dealer firm would also dictate whether you need to pass the Series 63 or the Series 66 exam as a prerequisite to employment. Once passing these qualifying exams, you would already be licensed to solicit clients in the whole state
There are hardly any universities that specialize in teaching the career of stock brokerage, which means you would mostly be responsible for your own growth in the industry. If possible, get a mentor who has been in the industry for years.
You probably already know that a college diploma is not a prerequisite for getting licensed. You should still consider getting one, though. It could serve you the great purpose of being an advantage over the competition. As a resident of New Hampshire, the following schools would be your top bets to enrol in:
Recommended Colleges in New Hampshire
- Southern New Hampshire University – Southern New Hampshire University is a university found in the Manchester area of New Hampshire. The school offer the following levels of attainment: an associate degree, a bachelor’s degree, a certificate, a master’s degree, a MACC degree and an MBA degree. It depends now on what you need and what you prefer, you can obtain all or you can just obtain a bachelor’s degree. The courses that they offer are the likes of accounting, administration, hospitality management, human resources management, IT management, international business, marketing and music/entertainment/sports management. The university also offers some of their programs online.
- Franklin Pierce University – The Franklin Pierce University is located around Rindge. The university offers levels of attainment from which you can decide which one you will take, and these levels of attainment are an associate degree, a bachelor’s degree, a certificate, a master’s degree and an MBA degree. The university has a lot to offer to students as they have made their curriculum fit the needs of the students. They offer accounting, administration, human resources management, IT management, marketing and music/entertainment/sports management.
Quick recap: to become a successful stockbroker in New Hampshire, you have to be regulated by the New Hampshire Bureau of Securities Regulation so you have to pass their qualifying exams, then train on the job. Good luck out there!