The Series 65, also known as the Uniform Investment Adviser Law Examination, is a national exam created to qualify individuals for licensure as an Investment Adviser Representative (IAR). It is created and maintained by NASAA, the North America Securities Administrators Association, and is administered by the Financial Industry Regulatory Authority (FINRA). The exam assesses the financial knowledge and skills of those who provide investment guidance to clients.
Studying for a standardized test like the Series 65 can be daunting. To help you navigate this important exam, read on for tips to maximize your study time and increase your chances of success.
The foundation of your exam preparation is choosing the right study materials. A variety of options are available from traditional to interactive resources.
Take your learning style into account when picking out your study tools. Some people might retain more information through reading, while others appreciate watching videos. At ExamFX, we offer a variety of packages to meet your unique studying needs. Browse our Series 65 exam preparation courses and study materials.
Consistency is key! Incorporate study sessions into your daily routine and stick to them as closely as possible. Setting aside dedicated time can help prevent procrastination and ensures you have sufficient time to review all topics.
Set up a schedule that is realistic and manageable. Consider what time of day you study best, when you can carve out quiet time for yourself, and what length of time is reasonable for each study session.
A wide range of topics are covered on the Series 65 exam including those related to investment advisory practices, laws and regulations, ethics, and more. It’s important to familiarize yourself with the concepts and the specific vocabulary associated with each one.
Divide up concepts throughout your study sessions, reviewing a few at a time to avoid being overloaded with information. Utilize additional resources if needed to ensure you’re understanding the underlying principles. While the goal is to pass the exam, this will also be useful in applying your knowledge to real-world scenarios.
Preparing for an exam can be mentally, emotionally, and even physically exhausting. As important as it is to study, it is also just as vital to prioritize self-care and your own well-being.
Make time for enough sleep, healthy meals and snacks, exercise, and activities you regularly enjoy. Neglecting these aspects of your life to make room for studying can be more detrimental than you’d think, leading to decreased focus and performance.
The Series 65 exam can be difficult. Ensure you’re ready for exam day with practice questions beforehand. Setting up a dry run with practice exams and quizzes can help you gauge your understanding of the material and identify areas that need more review.
Many resources offer practice exams that mimic the format and difficulty of the Series 65 exam. Try to take these using the same constraints as test day by simulating timed conditions in a quiet environment. Creating a practice test environment will help you become familiar with testing and boost your confidence.
Review your answers following your practice and understand the reasoning for the correct answers. Use this insight when planning out future topics to review and tailor your study tools as needed.
We provide practice exams and a variety of other useful materials to ensure you’re ready for test day. Check them out below:
Passing the Series 65 exam takes a balance of preparation, dedication, and strategic studying. By following these tips, you’ll be well-equipped to take the exam and a step closer to your career goals. Good luck!