Question 1

What is the Series 66 exam?

Accepted Answer

The Series 66 (Uniform Combined State Law Examination) combines the Series 63 and Series 65 into one exam. It qualifies you as both a securities agent AND investment adviser representative when combined with the Series 7.

Question 2

What's the Series 66 passing score?

Accepted Answer

The Series 66 passing score is 73%. The exam has 100 scored questions plus 10 unscored pretest questions. You have 2.5 hours (150 minutes) to complete it. The exam fee is $177.

Question 3

Do I need the Series 7 for the Series 66?

Accepted Answer

Yes! The Series 7 is a co-requisite for the Series 66. You can take the Series 66 before or after the Series 7, but you must pass both to use the Series 66 qualification.

Question 4

Series 66 vs Series 63 + 65 - which is better?

Accepted Answer

If you already have or plan to get a Series 7, take the Series 66. It's one exam instead of two, less total questions (100 vs 190), less time (2.5 hours vs 4.25 hours), and costs less ($177 vs $334).

Question 5

What's the hardest part of the Series 66?

Accepted Answer

Laws and Regulations is 45% of the exam and most candidates find it challenging. Focus on investment adviser registration, prohibited practices, and fiduciary duties. This section alone is 45 questions.

Question 6

Is this really 100% free?

Accepted Answer

Yes, completely free! No credit card required, no hidden fees, no premium tier you need to upgrade to. All content is free and always will be.

Question 7

Why is it free? What's the catch?

Accepted Answer

There's no catch. OpenExamPrep was founded by Ran Chen, a CFP® who passed multiple financial exams and believes quality exam prep shouldn't cost hundreds of dollars. With AI, we can create quality content at scale and make it accessible to everyone.

Question 8

Is the content up to date?

Accepted Answer

Yes! Our content is aligned with the latest exam outlines and updated regularly. Last update: January 2026.

Series 66

Free Series 66 Exam Prep

Series 66 Exam Details

Uniform Combined State Law Examination

Exam Content Breakdown

What's Included (All Free)

16 Chapters

Practice Quizzes

100% Free

Quality Exam Prep Shouldn't Cost Hundreds

What's Next After the Series 66?

CFP

CFA

Series 24

Series 66 Exam FAQ

Course Content

Introduction

Chapter 1: Economic Factors and Business Information

Chapter 2: Cash and Fixed Income Securities

Chapter 3: Equity Securities

Chapter 4: Pooled Investments

Chapter 5: Insurance Products and Annuities

Chapter 6: Alternative Investments and Derivatives

Chapter 7: Client Types and Profiles

Chapter 8: Portfolio Theory and Management

Chapter 9: Retirement Plans

Chapter 10: Tax Considerations and Estate Planning

Chapter 11: Investment Adviser Regulation

Chapter 12: Broker-Dealer and Securities Regulation

Chapter 13: Ethical Practices and Fiduciary Obligations

Chapter 14: Client Communication and Business Practices

Chapter 15: Suitability and Best Interest Standards

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