Lost My Job at a Major Financial Firm – Seeking Advice
Hey everyone, I’m 26 and recently faced a setback after failing my SIE Exam with a score of 68%, which led to my dismissal. However, I quickly turned things around, self-sponsored, and passed the exam the following month. I have two years of experience in the financial sector.
I accepted a position at another firm on April 14th, but they’re asking me to pursue the Series 6 license instead of the Series 7, which was my backup plan. I was also interviewing with other firms, but unfortunately, they chose other candidates.
Now, I’m in a bit of a dilemma:
1. Should I just go ahead and get the Series 6 to secure a job and get back on stable ground?
2. Should I continue searching for better opportunities and hope for a better fit?
3. Should I consider roles that don’t require any licenses?
4. Or should I take a risky chance with my savings?
I really appreciate any advice or insights you may have to help me navigate this situation. I want to make sure I don’t jeopardize my future. Thank you!
One response
I’m sorry to hear about your situation, but it’s great to see that you’ve already secured an offer at another firm. Here are some thoughts on your options:
Get the Series 6: This is a practical choice. Having a job, especially in the financial industry, can provide you with stability and experience while you figure out your next steps. The Series 6 is a shorter exam and will allow you to start working and earning a salary again.
Keep Interviewing: It’s always good to keep your options open. If you find a role that you believe is a better fit for your future goals, go for it! However, don’t let the interviewing process become a distraction from the job you’ve already been offered.
Consider Non-Licensed Roles: If there are non-licensed roles that interest you, it might be worth exploring those as well. Just keep in mind that the experience you gain in a licensed role can be beneficial in your career progression down the line.
Gamble with Life Savings: I strongly advise against this. It’s important to be financially prudent, especially in such uncertain times. Taking risks with your savings can lead to more stress and difficulties down the line.
Ultimately, balancing a job with continued job searching is a solid approach. If you can secure the Series 6 while working, that could open more doors for you in the future. Remember to prioritize your financial stability and growth as you move forward. Good luck!