| Section | What it covers |
|---|---|
| Economic factors and business information | Economics, financial reporting, quantitative methods, risks |
| Investment vehicle characteristics | Stocks, bonds, funds, options, annuities, alternatives |
| Client investment recommendations and strategies | Client profiles, portfolio management, taxation, retirement plans, trading |
| Laws, regulations and guidelines, including prohibition on unethical business practices | Uniform Securities Act, adviser registration, fiduciary duty, ethics (the largest section) |
USA Series 65 Exam: Quick Facts
- Developed by
- NASAA (administered by FINRA)
- Questions
- 130 scored + 10 pretest
- Time
- 180 minutes
- Passing
- 92 of 130 correct
- Fee
- $187
- Sponsorship
- Not required
Free practice test
Test what you know
Random questions, instant scoring and an explanation for every answer.
Start the USA Series 65 Exam practice test →More USA Series 65 Exam questions
Disclaimer: This guide is for general information and is not financial, tax, insurance or investment advice. Exam details, fees, blueprints and product terms change. Confirm with the official organization or a licensed professional. Read our editorial policy.