How Much Does the Series 65 Exam Cost?
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
The Series 65 exam, also known as the Uniform Investment Adviser Law Examination, is required for individuals aiming to become Investment Adviser Representatives (IARs) in the United States. This exam assesses knowledge essential for providing investment advice and charging fees for such services.โFINRA+2Investopedia+2FINRA+2
๐ฐ Cost of the Series 65 Exam
The fee to take the Series 65 exam is $187 . This fee is applicable each time you take the exam.โFINRA+5Investopedia+5SmartAsset+5Home
๐ Additional Information
- Exam Structure: The Series 65 exam consists of 130 multiple-choice questions.
- Passing Score: To pass, you must correctly answer at least 92 out of 130 questions .
- Duration: You have 180 minutes to complete the exam.
- Scheduling: The exam is administered by FINRA at Prometric test centers. You can schedule your exam through FINRA’s Test Enrollment Services System (TESS).โInvestopediaFINRA+1nasaa.org+1FINRA+4nasaa.org+4FINRA+4
๐ Important Notes
- No Sponsorship Required: Unlike some other FINRA exams, the Series 65 does not require sponsorship by a FINRA-member firm.
- Retake Policy: If you fail the exam, you must wait 30 days before retaking it.
- Validity: The Series 65 license remains valid as long as you are actively working in the financial services industry. If you leave the industry for more than two years, you may need to retake the exam.โInvestopedia+1nasaa.org+1nasaa.org+1Investopedia+1
๐ฏ Who Should Take the Series 65 Exam?
The Series 65 exam is suitable for individuals who wish to:โ
- Provide fee-based investment advice to clients.
- Act as an Investment Adviser Representative (IAR).
- Work independently or with an investment advisory firm.โInvestopedia+1Investopedia+1
If you are interested in selling securities or working as a broker-dealer, you may need to consider other exams, such as the Series 7.โ
๐ Preparation Resources
To prepare for the Series 65 exam, consider utilizing study materials and courses offered by various providers. These resources can help you understand the exam content and format, increasing your chances of success.โ