Who Needs the Series 66 License?

🧑‍💼 Who Needs the Series 66 License?
📘 Understanding the Purpose and Value of Series 66 for Investment Professionals

The Series 66 license, officially known as the Uniform Combined State Law Examination, is a key credential for investment professionals who wish to become both securities agents and investment adviser representatives (IARs). But who actually needs this license, and what does it allow you to do?

🎯 Who Is the Series 66 License For?

The Series 66 is designed for individuals who already hold a Series 7 license and want to operate in a broader advisory role. It’s ideal for professionals who:

• ✅ Want to offer investment advice and manage client portfolios
• ✅ Plan to work as investment adviser representatives in one or more U.S. states
• ✅ Are looking to combine the functions of a broker-dealer agent and investment adviser
• ✅ Seek to comply with state regulations under the Uniform Securities Act

💡 Note: You must pass both Series 7 and Series 66 exams to qualify as a registered investment adviser representative. The Series 66 alone is not sufficient.

🏛️ Required By State Law

Unlike the Series 7, which is a FINRA exam, the Series 66 is governed by NASAA (North American Securities Administrators Association). Most U.S. states require the Series 66 (or a combination of Series 65 and 7) for those offering fee-based financial advice.

🔍 Key Areas Covered in the Series 66 Exam

📌 Laws, Regulations, and Guidelines
📌 Investment Vehicle Characteristics
📌 Economic Factors and Business Information
📌 Client Recommendations and Strategies
📌 Ethical Business Practices

🧠 Why Take the Series 66?

Taking and passing the Series 66 exam opens the door to expanded client relationships, including:

• Managing assets for individuals and institutions
• Charging advisory fees instead of just earning commissions
• Delivering comprehensive financial planning services
• Acting as a fiduciary under state law

🚀 Advance Your Career with Series 66

If you’re planning to build a full-service financial advisory business or join a Registered Investment Adviser (RIA) firm, the Series 66 license is essential. It not only enhances your professional credibility but also aligns your qualifications with state and federal compliance requirements.

📚 Ready to pass the Series 66 and grow your advisory career?
Start preparing today with expert-led training and lifetime access at
👉 https://finra-exam-mastery.com

Unlock your future in financial advising with confidence.