Is the series 65 a hard exam?
But the bottom line is that the Series 65 exam isn’t really much harder than other common industry licensing exams, like the Series 6 or the state Life and Health license. Most will take 2-4 weeks to study, spending about 20-30 hours, and pass the exam with its required 72% passing grade.
What is a passing grade for Series 65?
NASAA Online Testing Announcement Candidates have 180 minutes to complete the exam. In order for a candidate to pass the Series 65 exam, he/she must correctly answer at least 94 of the 130 scored questions.
How do I pass the Series 65 exam?
What Is a Passing Score on the Series 65? To pass the Series 65 exam, candidates must achieve a minimum score of 72.3% by correctly answering 94 of 130 multiple-choice questions in 180 minutes. Candidates increase their chances of passing the exam on the first attempt by completing an exam prep course.
What is covered on the Series 65 exam?
The Series 65 exam, known formally as the Uniform Investment Adviser Law Examination, covers laws, regulations, ethics, and various topics important to the role of a financial adviser.
How many times can you fail the Series 65?
After the first or second time a candidate fails the Series 65, there is a mandatory 30-day waiting period before they can take the exam again. After the third (and subsequent) fails, the waiting period increases to 180 days.
What are the content areas of the series 65 exam?
These content areas are as follows: Economic Factors and Business Information; Investment Vehicle Characteristics; Client Investment Recommendations and Strategies; as well as Laws, Regulations, and Guidelines, including Prohibition on Unethical Business Practices. The Series 65 practice test will address the same content.
What is the NASAA series 65 exam?
The Series 65 exam — the NASAA Investment Advisers Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA. The exam consists of 130 scored questions.
What happens if you fail the series 65 exam?
If you fail, you can retake the exam after waiting 30 days. But if you fail three times, you need to wait 180 days, after which you can register again. There is no limit to the number of exams a candidate can take. 6 The Series 65 Exam Content
What is the mometrix series 65 practice test?
The Mometrix series 65 Practice test covers the exact same content as the Series 65 Exam. The focus of this exam is retirement planning, portfolio management strategies and fiduciary obligations.