The Series 65, Uniform Investment Adviser Law Examination, allows a Registered Representative to become licensed as an Investment Adviser Representative in states that have additional licensing requirements. The Series 65 consists of 130 multiple choice questions covering subjects such as investment vehicles, economics, investment strategies and ethics. Passing the Series 65 allows Registered Representatives to offer fee-based financial planning and fee-based asset management.
In order to pass the Series 65 exam, you must score at least 72 percent within the 3-hour time limit.
