Can I be a financial advisor with a Series 65?

Financial professionals who have successfully passed the Series 65 exam may not act as investment advisers until licensed and registered in their state. NASAA has completed the update of questions on the Series 63, 65, and 66 exams in light of the 2018 changes to the tax code.

What can an investment advisor representative do?

An investment adviser representative generally is a person who, for compensation (1) makes any recommendations or otherwise renders advice regarding securities; (2) manages accounts or portfolios of clients; (3) determines which recommendation or advice regarding securities should be given; (4) solicits, offers, or …

Does Series 65 make you an accredited investor?

The SEC’s new definition means that anyone holding basic stockbroker certifications—specifically, Series 7, Series 65, and Series 82 licenses—is considered an accredited investor, as are “knowledgeable employees” of certain funds, among others.

What does a Series 65 give you?

On its most basic level, a Series 65 allows a financial professional to give clients investment advice and analysis. It’s a fairly standard exam in the financial industry. Candidates who receive their Series 65 license are qualified as Investment Advisor Representatives (IAR) in certain states.

What does a series 66 license mean?

Updated Mar 27, 2019. The Series 66 is an exam and license that is meant to qualify individuals as investment advisor representatives or securities agents. The Series 66, also known as the Uniform Combined State Law Examination, covers topics relevant to providing investment advice and effecting securities transactions for clients.

What are the requirements for a series 65 license?

To obtain a Series 65 license, candidates must achieve a passing score on the Series 65 exam, remit all application and registration fees to applicable state regulatory authorities, file necessary disclosure documents, and wait to receive formal acceptance and acknowledgment of certification.

What is series 65 securities license?

Series 65. The Series 65 is an exam and securities license required by most U.S. states for individuals who act as investment advisors. The Series 65 exam—known formally as the Uniform Investment Adviser Law Examination—covers laws, regulations, ethics, and topics such as retirement planning, portfolio management, and fiduciary responsibilities.

What is the series 65 exam?

Jump to navigation Jump to search. Uniform Investment Adviser Law Examination, also called the Series 65 exam, is a test taken by individuals in the United States who seek to become licensed investment adviser representatives. The exam covers topics necessary to provide investment advice to clients.