Hey everyone,
I wanted to see if anyone else has had a similar experience or could offer some advice.
I recently passed the SIE, and honestly I thought it was pretty straightforward. I used Achievable and put in around 100 hours of studying, and I felt really confident going into that exam.
Now I’ve started studying for the Series 63, and I’m about 10–12 hours in using the same Achievable materials—but I’m finding it way more difficult than expected.
Specifically, I’m struggling a lot with:
Exemptions for broker-dealers
Investment adviser vs. investment adviser representative definitions
Agent vs. IAR distinctions
When registration is required vs. exempt
I’ve read a lot of people say the 63 is “easier” than the SIE, but right now it feels like the opposite. The concepts seem way more nuanced and tricky.
For those who have passed:
Did you feel the same way at first?
Any tips or tricks for remembering exemptions and registration rules?
Anything you focused on that made a big difference on the actual exam?
Appreciate any help—just trying to get over this hump.
Thanks!