551+ Free Series 65 Practice Questions
Free Series 65 practice questions with answers and detailed explanations. Pass your Uniform Investment Adviser Law exam on the first try with our exam-style questions and AI-powered study assistant.
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About the Series 65 Exam
Required for investment adviser representatives who provide investment advice for compensation.
Questions
130 scored questions
Time Limit
3 hours
Passing Score
70%
Exam Fee
$187 (NASAA)
Series 65 Exam Content Outline
Economic Factors and Business Information
Economic analysis, financial reporting, quantitative methods
Investment Vehicle Characteristics
Stocks, bonds, derivatives, alternatives, and pooled investments
Client Investment Recommendations and Strategies
Portfolio management, risk analysis, and suitability
Laws, Regulations, and Guidelines
Federal and state securities laws, ethics
How to Pass the Series 65 Exam
What You Need to Know
- Passing score: 70%
- Exam length: 130 questions
- Time limit: 3 hours
- Exam fee: $187
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
Series 65 Study Tips from Top Performers
Frequently Asked Questions
What is the Series 65 exam?
The Series 65 qualifies you as an Investment Adviser Representative (IAR). It tests knowledge of economics, investment analysis, portfolio management, and securities regulations.
How hard is the Series 65 exam?
The Series 65 is moderately difficult with a 70% pass rate nationally. It's more conceptual than the Series 7, focusing on investment theory and fiduciary responsibilities.
Do I need the SIE for Series 65?
No. Unlike FINRA exams, the Series 65 is administered by NASAA and does not require the SIE as a prerequisite.
Series 65 vs Series 66 - which should I take?
Take Series 65 if you only need investment adviser qualification. Take Series 66 if you already have Series 7 and need both state agent and adviser registration.