Series 7: 11.1.7 Networking Arrangements

Taken from our Series 7 Top-off Online Guide

11.1.7 Networking Arrangements

A networking arrangement is a written agreement between a member firm and a banking institution under which the firm offers its brokerage services on the premises of the bank, or the bank directs its customers toward the broker-dealer for brokerage services. Through such an agreement, a bank may provide its customers with services it cannot offer on its own, and both firms potentially draw new customers to the other.

Member firms that enter networking arrangements are required to clearly identify themselv

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I am still so giddy that I passed my Series 7 on 1/31. I truly cannot believe it. I took the 7 three times in 2019 utilizing Kaplan study materials and didn't feel good going into the tests any of the times. So shockingly I failed all three times by a lot. My highest score was a 68%. I used Solomon for my 51 in September (passed on the first try) so I thought I could try it for my 7 even though it is the hardest securities test I have taken. I felt so good going into the testing center and I passed!!! I am so grateful to have found your materials. They have been incredibly helpful and I am able to understand all the material covered in the books. I still am in shock that I passed. Now off to the 24!

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