How To Study For The Series 66 Exam

Unlock new career opportunities in the securities industry by acing the Series 66 exam!

Understanding the Series 66 License

The Uniform Combined State Law Exam, or Series 66, is managed by the North American Securities Administrators Association (NASAA). This exam, paired with the FINRA Series 7 License, fulfills the requirements to become registered as both a securities agent and an investment adviser representative in most U.S. states. Essentially, passing the Series 66 allows you to bypass taking the Series 63 and Series 65 exams separately.

The Series 66 exam consists of 110 questions, covering product and investing concepts with a significant focus on rules and regulations. This comprehensive understanding of state securities regulations and investment advisory principles can significantly enhance your career prospects within the financial industry.

How Challenging is the Series 66 Exam?

The Series 66 exam is considered moderately challenging, requiring thorough preparation and a solid understanding of state securities regulations and investment advisory principles.

The pass rate is estimated to be around 65% to 70%, making dedicated study and preparation crucial for success.

How to Register for the Series 66 Exam?

To register for the Series 66 exam, candidates must submit the appropriate registration form and pay the required fee of $177.

It’s essential to ensure that you meet all prerequisites and understand the registration process to avoid any scheduling delays for your exam.

Effective Study Strategies for the Series 66: Top Tips

Tip 1. Select the right study tool for exam prep.

Choosing the right study tools is essential for effective preparation. Utilize practice exams, study guides, flashcards, and other resources to reinforce your understanding of key concepts. Explore ExamFX's Series 66 study materials.

Tip 2. Make a schedule and pace yourself.

Consistency is key. Create a study schedule that allows you to cover all topics without cramming. Break down the material into manageable sections and set realistic goals to track your progress.

Tip 3. Understand the concepts and language.

Deepen your understanding of the exam content by focusing on the concepts and language used. This includes familiarizing yourself with rules, regulations, and investment principles, which are crucial for the Series 66 exam.

Tip 4. Plan for exam day.

On exam day, ensure you are well-rested and have a clear plan to manage your time. Arrive early to the testing center and trust your preparation. Avoid second-guessing your answers; your first instinct is often correct.

Tip 5. Test your knowledge with practice exams and other study materials.

Regularly testing your knowledge with practice exams can help you identify areas that need improvement and build confidence. Utilize resources like ExamFX's Series 66 practice exams, study guides, flashcards, and tip sheets to ensure you are fully prepared for the exam.