Series 66 Pass Rate: What You Should Know

​The Series 66 exam, officially known as the Uniform Combined State Law Examination, is a licensing test administered by FINRA and developed by NASAA. It qualifies individuals as both Investment Adviser Representatives (IARs) and Securities Agents, allowing them to provide investment advice and conduct securities transactions.​Investopedia+2FINRA+2Investopedia+2

📊 Estimated Pass Rate

While FINRA does not publish official pass rates for the Series 66 exam, various test prep providers estimate the pass rate to be between 65% and 70%. ​ironclad.law+1talk.achievable.me+1

🧠 Exam Overview

• Format: 100 scored multiple-choice questions (plus 10 unscored experimental questions)
• Duration: 2 hours and 30 minutes
• Passing Score: At least 73 correct answers out of 100 scored questions
• Prerequisite/Corequisite: Must have passed the Series 7 exam ​Achievable+2knopman.com+2Achievable+2FINRA+1Achievable+1

📚 Preparation Tips

• Study Time: Allocate approximately 80–100 hours for preparation
• Focus Areas:
  • Regulatory Framework (25%)
  • Client and Portfolio Management (40%)
  • Ethics and Legal Issues (35%)
• Practice Exams: Regularly take practice tests to assess your knowledge and improve test-taking skills​knopman.com+1Investopedia+1

✅ Final Thoughts

The Series 66 exam is a significant step in becoming a licensed financial professional. While the estimated pass rate suggests a moderate level of difficulty, thorough preparation and understanding of the exam content are crucial for success. Utilize reputable study materials, practice exams, and allocate sufficient study time to enhance your chances of passing.​