NASAA · Uniform Investment Adviser Law · coming soon

Pass the Series 65 on the first try.

The exam for becoming an investment adviser representative who gives investment advice for a fee. Our Series 65 course is in the works. Here's everything you need to know about the exam in the meantime.

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Planned price $179 · one-time payment

The exam

What's on the Series 65.

Covers economics and quantitative methods, investment vehicles, client recommendations and portfolio strategies, and the state and federal laws and ethical duties that apply to investment advisers. Passing it qualifies you to register as an investment adviser representative (IAR). You do not need firm sponsorship or the SIE to sit for it.

Who takes it. Aspiring fee-based financial advisers and planners, including CPAs and career changers moving into advisory work.

Official NASAA exam page ↗

How the 130 scored questions are split

1. Economic Factors and Business Information15%

20 questions

2. Investment Vehicle Characteristics25%

32 questions

3. Client Investment Recommendations and Strategies30%

39 questions

4. Laws, Regulations, and Guidelines, Including Prohibition on Unethical Business Practices30%

39 questions

Coming soon

The Series 65 course is in the works

Planned price: $179. Leave your email and we'll tell you the day it opens.

Start now

Get a head start while you wait.

These courses are open today:

SIESecurities Industry Essentials$79 · View course →Series 7General Securities Representative$199 · View course →Series 63Uniform Securities Agent State Law$99 · View course →

FAQ

Series 65 questions, answered.

Who can take the Series 65?

None — no firm sponsorship or SIE required. Aspiring fee-based financial advisers and planners, including CPAs and career changers moving into advisory work.

What score do I need to pass the Series 65?

92 of 130 (71%), on 130 scored questions (plus 10 unscored pretest questions you can't tell apart).

How much does the Series 65 exam cost?

The exam fee is $187, paid when you enroll for the exam. It's separate from the price of the course.

Is Series Ready affiliated with NASAA?

No. Series Ready is an independent study provider. Our courses are built on the publicly available content outlines and rules, but we are not affiliated with, endorsed by or sponsored by FINRA or NASAA.