After Registered Representatives have decided what products they want to offer and which FINRA examination (Series 6 or 7) they need to take and pass, the next step for Registered Representatives is to determine whether they want to offer investment advisery services to their clients. In order to offer investment advisery services, Registered Representatives must be registered as an Investment Adviser Representative at the state level.

Being an Investment Adviser Representative allows Registered Representatives to offer a full range of fee-based products, including financial planning and a variety of money management platforms that aren't available to Registered Representatives who are Registered Representatives only. ONESCO requires that Registered Representatives be a Registered Representative with our broker dealer in order to become an Investment Adviser Representative through its registered Investment Adviser, ONIMCO.

Registered Representatives who wish to offer investment advisery services will need state securities registration as required by the state where they do business. State requirements can vary widely from state-to-state and some states will typically exempt additional licensing requirements for Registered Representatives who hold a professional designation such as a CPA, CFP or ChFC. Registered Representatives without any professional designations must take and pass either the Series 65 or 66. A discussion of the required state security exams is on the following pages.