Do I need a Series 65 if I have a CFA?

A research analyst who has passed CFA Levels I and II may request an exemption from Series 86. Charterholders receive a waiver from the Uniform Investment Adviser Examination (series 65) from all the states requiring a licensing exam for investment advisers and investment adviser representatives.

How hard is the Series 65 test?

But the bottom line is that the Series 65 exam isn’t really much harder than other common industry licensing exams, like the Series 6 or the state Life and Health license. Most will take 2-4 weeks to study, spending about 20-30 hours, and pass the exam with its required 72\% passing grade.

What is the pass rate on the Series 65?

While Kaplan does not offer a money-back guarantee, it publishes a Series 65 pass rate of 88\%, which should give students confidence in their study materials.

Is Series 65 a professional designation?

The required Investment Adviser Representative (IAR) exam is the Series 65, which is the Uniform Investment Adviser Law Examination. The CFA® designation is a highly regarded measure for investment professionals and CFA® charter holders have one of the highest degrees of portfolio and investment analysis expertise.

Is Series 65 or 66 easier?

Is It Harder to Pass the Series 65 or Series 66 Exams? While the pass/fail rate for these exams is not publicly available, many consider the Series 66 exam more difficult than the Series 65 because it is longer. The Series 65 contains 130 questions and the Series 66 has only 100.

Is the Series 65 exam multiple choice?

The Series 65 exam is composed of 140 multiple-choice questions that cover four content areas. The Series 65 practice test will address the same content. The exam should take three hours to complete.

Is Series 65 or 66 Harder?

What is the easiest series exam?

Series 66 exam
As a result, the Series 66 exam is considered by most to be an “easier” test. It will, like the Series 65, qualify the individual to act as an IAR, and it fulfills the requirements of the USA for state registration. Note that candidates can take the 66 or 7 in any order, but both must be completed in order to register.

Is the series 7 harder than the CFA exam?

The Series 7 takes only a fraction of the time to prepare for compared to the CFA exams. The material in the Series 7 is not nearly as difficult or extensive. The Series 7 can be achieved after passing two relatively short tests while the CFA requires three long tests.

Can anyone pass all three CFA exams?

Everyone has their strengths. Some people like CFA Level 3 better than Level 2, and for others vice-versa. What’s more of a sure thing however, is that one exam usually presents more of a challenge for specific people than others. Overall, with enough time to study I believe that anyone can pass all three exams.

Is it harder to pass the series 65 or Series 66 exams?

Because the Series 65 and 66 exams are longer, many recommend devoting 80 to 100 hours to studying. Is It Harder to Pass the Series 65 or Series 66 Exams? While the pass/fail rate for these exams is not publicly available, many consider the Series 66 exam more difficult than the Series 65 because it is longer.

What is the difference between the CPA and CFA exams?

The CPA exam has four exam parts. You can take each part in any order and any time thanks to a new policy of continuous testing. The CFA exam has three levels. You must take the three exams sequentially, and each exam is offered within three to five windows per year.