Lost My Job at a Major Financial Firm – Need Some Guidance
Hey everyone, I’m 26 and currently in a tough spot. I recently lost my job after failing my SIE Exam with a score of 68%, but I bounced back and passed it the following month on my own! I’ve got 2 years of experience in the financial industry, and I accepted an offer at a new firm on April 14th. However, they’re asking me to get my Series 6 instead of the 7, which was not my original plan.
While I had also been interviewing with other firms, those opportunities fell through as they chose other candidates. Here are my options:
- Should I just go ahead and get the Series 6 to secure this job and stabilize my situation?
- Should I keep interviewing for better roles and hope something works out?
- Should I look for a non-licensed position in the meantime?
- Or, should I risk it all and use my life savings to gamble on something else?
I could really use your advice so I don’t make the wrong move. Thanks for any help!
One response
I’m sorry to hear about your situation, but it’s encouraging to see your resilience and determination. Here are some thoughts on your options:
Get the Series 6 and Start Working: This could be a sensible choice if you need stability and income right now. A job will help you rebuild your confidence and provide you with experience and networking opportunities, which could lead to better roles in the future.
Keep Interviewing: There’s nothing wrong with continuing to explore potential opportunities at other firms while you prepare for the Series 6. If you feel there’s a chance of landing a better position, it’s worth it to keep your options open.
Explore Non-Licensed Roles: If you find that waiting for the right licensed position is stressful or uncertain, looking into roles that don’t require licenses can be a good way to keep gaining experience and stay in the financial sector. It could also give you a broader perspective and possibly lead to better opportunities down the line.
Avoid Taking Risks with Your Savings: It’s generally not a good idea to gamble your life savings, especially when you’re at a crossroads in your career. Financial stability is important, and taking unnecessary risks could jeopardize your future.
Ultimately, you know your circumstances best, but getting the Series 6 while continuing to network and interview could be a solid approach. Remember to take care of yourself during this transition. Good luck, and keep pushing forward!