Short answer
The Series 65 qualifies investment adviser representatives on its own. The Series 66 combines state agent and adviser law but requires the Series 7 as a corequisite.
What Is the Series 65 Exam?
Most states require investment adviser representatives to pass the Series 65, or the Series 7 plus the Series 66. Financial planners, wealth managers and fee-based advisers commonly hold it. It pairs well with the CFP exam credential.
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
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Official sources
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.