Series 65 Final Simulation – Comprehensive
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
Series 65 Final Simulation – Comprehensive Practice Exam
The final step before taking the actual Series 65 exam is a realistic, comprehensive simulation. This full-length practice exam mirrors the format, difficulty, and pressure of the real test, helping you assess your readiness and fine-tune your performance.
This final simulation is designed to:
- Replicate the official exam structure
- Cover all major topic areas tested by NASAA
- Reinforce your ability to apply knowledge under time constraints
🧾 Exam Format and Details
- Number of Questions: 130
- Scored Questions: 110 (20 pretest questions are not scored)
- Time Limit: 180 minutes (3 hours)
- Passing Score: 72% (at least 94 correct answers)
📘 Content Coverage Breakdown
| Section | Weight | Topics Included |
|---|---|---|
| Economic Factors and Business Information | ~15% | Interest rates, inflation, monetary policy, financial ratios, economic indicators |
| Investment Vehicle Characteristics | ~25% | Stocks, bonds, mutual funds, ETFs, REITs, derivatives, insurance-based products |
| Client Investment Recommendations & Strategies | ~30% | Suitability, asset allocation, portfolio management, client profiles, tax strategies |
| Laws, Regulations, and Guidelines | ~30% | Uniform Securities Act, fiduciary duty, registration requirements, ethics, fraud |
🧠 Question Style You’ll Encounter
- Scenario-Based Questions:
Evaluate client goals, risk profiles, and recommend suitable investment strategies. - Application-Focused:
Choose the best course of action in situations involving ethics, disclosure, or taxation. - Terminology and Rule Interpretation:
Understand legal definitions and identify compliance requirements.
🧪 Sample Questions
Question 1:
A client wants income with minimal risk to principal and is in a high tax bracket. Which of the following is most suitable?
A. High-yield corporate bonds
B. Municipal bonds
C. Preferred stock
D. Convertible bonds
Correct Answer: B
Question 2:
An IAR fails to disclose a conflict of interest involving a third-party referral arrangement. Under the Uniform Securities Act, this is considered:
A. A registration error
B. A technical violation only
C. An unethical business practice
D. An acceptable omission if the client is not harmed
Correct Answer: C
Question 3:
A trust distributes income to a beneficiary. Who is responsible for reporting the income on their tax return?
A. The trustee
B. The beneficiary
C. The grantor
D. The custodian
Correct Answer: B
📋 Post-Simulation Review Strategy
- Analyze every question—especially the ones you guessed or missed
- Categorize mistakes by topic: knowledge gap vs. misreading
- Review explanations to reinforce key concepts
- Use results to guide your final review focus
🚀 Ready to Take the Final Step Before Exam Day?
Access the Series 65 Final Simulation inside our complete prep course, including:
- 130-question timed practice test
- Detailed answer explanations
- Performance analysis by topic
- Lifetime course access
👉 Start Now at Finra Exam Mastery