Passed Series 7 Today / First Attempt

Used Achievable for the SIE and Series 7 and also supplemented the 7 with Kaplan Live Courses with Dean Tinney and the QBank.

  • Logged 140 Hours with Achievable
  • Completed 5500 Practice Questions on Achievable
  • Scored 85/82/90 on the Achievable Tests
  • Scored 80 on the Kaplan Mastery Exam

I found the actual exam to be much more difficult than either Achievable or Kaplan exams. Tons of questions around REITs/DPP/Taxation/Regulations. The question draw was very specific on regulations and had over 10 math questions (including margin). Also had an ADR calculation that I had to wing regarding Australian shares, 10% of the share value in relation to the ADR value, and the dividend equivalent. Options questions were not tough since they are pretty straightforward. Muni’s weren’t terrible. The dump sheet didn’t help much on this version unfortunately; just studying every detail for 6 weeks with no days off was the move. This draw had so many small details that had to be recalled. Process of elimination was the best approach.

Glad it’s done and wishing everyone luck!

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Congratulations on passing your S7 on the first try!

It sounds like you had a pretty tough draw; I’m glad you were able to keep your head together and reason through the questions.

Please reach out if there’s anything else we can do for you!

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