Series 65 hub
The Series 65 is NASAA's investment adviser representative law exam, administered by FINRA. FINRA lists 130 scored questions, 10 unscored questions, 180 minutes, a passing score of 92 out of 130, and a $187 cost.
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Series 65 is for investment adviser representative qualification. Series 66 combines investment adviser representative and securities-agent state law content, and FINRA lists Series 7 as a corequisite for Series 66.
| Field | Series 65 | Series 66 |
|---|---|---|
| Official name | Uniform Investment Adviser Law Exam | Uniform Combined State Law Exam |
| Administrator | NASAA | NASAA |
| Questions | 130 scored + 10 unscored | 100 scored + 10 unscored |
| Duration | 180 minutes | 150 minutes |
| Passing score | 92 of 130 scored questions | 73 of 100 scored questions |
| Corequisite | None | SIE + Series 7 |
| Cost | $187 | $177 |
Series 66 hub
The Series 66 combines state securities agent and investment adviser representative content. FINRA lists 100 scored questions, 10 unscored questions, 150 minutes, a passing score of 73 out of 100, a $177 cost, and SIE plus Series 7 as corequisites.
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Facts on this page were checked on June 13, 2026. Re-check official sources before registration, scheduling, or publication-sensitive use.
Official sources
Facts on this page were checked on June 13, 2026. Re-check official sources before registration, scheduling, or publication-sensitive use.