Whether you have Series 6 or 7, it may be worthwhile becoming an advisor rep or RIA. Why? Given the volatility and performance (and propensity towards large swings), having a Series 65 (66 is the combo of 65 and 63) allows one to use third-party advisors. Many of these advisories have little correlation to the general market and provide a way for a rep to: (1) Earn asset-based fees, (2) Add another layer of diversification and (3) Open a whole new world of investing. Who knows? Some who become IARs or RIAs grow their asset bases exponentially by moving away from traditional investing and concentrating on collecting assets to be managed by third parties.
How do you feel? What do you see as the advantages and disadvantages?