To take your series 6 exam, you may finish the sie exam first and be sponsored by an accredited securities or insurance sales organization. With a series 6 license, you are able to sell mutual funds, variable annuities. Series 6 exam investment companyvariable contracts. You can get the necessary license by passing the series 7 and series 6 examinations. Securities exchange act of 1934 definitions and application. Series 6 securities training corp 2017 flashcard maker.
The series 63 license, known as the uniform securities agent license, is required by each state and authorizes licensees to transact business within the state. I am extremely content that i used examfx for preparation of the series 6 and 63 securities exams. Our level of experience and expertise is unmatched. In the united states, the investment company productsvariable life contracts representative exam, is commonly referred to as the series 6 exam. Series 6 investment company and variable contracts. After you are enrolled to take an exam, finra will post a 120day window in which you can schedule an appointment with prometric.
After successful completion of the exam, series 6 licensed. In addition to passing the series 6 exam, an agent may be required to pass a state life insurance exam to transact business in variable contracts. Be sure to schedule your exam session as far in advance as possible to secure your desired exam date. Stc offers exam preparation for the finra series 6 and nasaa series 63.
However, the goal of this license is to help states approve candidates to operate as securities representatives within their own boundaries. The sie exam will allow the series 6 exam to focus more on. Securities licensing, kaplan, text books, series 6, 65, 7, 3. Though applicants arent required to take the sie exam before the series 6, its encouraged. The series 6 exam the investment company and variable contracts products representative qualification examination ir assesses the competency of an entrylevel representative to perform. The series 7 licensing exam is considered the basic entrylevel exam for brokers who wish to work in the securities. The series 63 license is specific to the securities laws of each state, which is why it is a necessary addition to the series 6 license. The series 6 representativelevel finra exam qualifies an individual to sell investment companies, including mutual funds. Web delivered series 3 and series 30, series 7, series 65 and 66 exam prep. Series 6 registered representatives are permitted to solicit, purchase, or sell mutual funds, closedend funds on the initial public offering only, variable annuities and life insurance if additional licensing requirements have been met, unit investment trusts, and municipal fund securities. Series 6 securities study materials kaplan financial education.
In order to use your series 6 license in your state, you must pass the states version of the series 63 license exam. Over the last 30 years we have successfully trained over 1,000,000 individuals for these exams. The following is a list of securities examinations and the organizations that offer them. The series 6 practice test will assist you in passing the series 6 exam, which is a test that assesses the testtaker s knowledge and ability to perform adequately when selling securities products. But the series 7 license entitles you to work for a brokerdealer and a broker dealer doesnt have a fiduciary responsibility to. Securities industry essentials sie exam series 6 series 7 series 63 series 65 series 66 who do you trust to help you pass your finranasaa exams.
The candidate need to be associated with and sponsored by a finra member to take the series 6 license exam. The series 6 exam consists of 100 multiplechoice questions that cover four main functions. Agents also need to be familiar with securities principles, rules and regulations. Developed by experienced professors and professionally narrated for easy listening, this course is a valuable tool when preparing for your series 6 exam. The sponsoring firm would file a uniform application for securities industry registration or transfer form u4 and pay the required exam. With a series 7 license you are permitted to sell all securities to clients. Like the series 6 license, the series 63 license was developed by the nasaa. The series 6 license allows you to sell mutual funds, variable annuities. Series 6 exam my study cards show class series 6 exam.
Created by the experts at the securities institute of america, inc. Earn your series 6 exam with proven study materials by kaplan financial education. The series 7 licensing exam is considered the basic entrylevel exam for brokers who wish to work in the securities industry. The series 62 license allowed for the trade of all stocks and bonds, warrants, rights, reits, mortgagebacked securities, money markets and closedend investment companies. Designed to let you build and finetune your knowledge of all areas covered in the exam and to guarantee that youre prepared mentally and strategically to take the test. The series 6 exam the investment company and variable contracts products representative qualification examination ir assesses the competency of an entrylevel representative to perform their job as an investment company and variable contracts products representative. Taking the series 6 exam requires exam candidates to be sponsored by a finra member firm. A candidate who passes the series 6 exam is qualified for the solicitation, purchase andor sale of the following securities products. Would definitely recommend examfx to anyone that is looking to obtain securities licenses. Jul 02, 2014 the series 6 licensing exam has changed since this webinar was recorded.
The sie could be required before you can take the qualifying exams to become a licensed securities professional. Buy kaplan text books online at securities at a discounted price. Series 6 chapter 5 investment company securities and variable contracts. The series 6 license, which is also called the limitedinvestment securities license, qualifies agents to sell mutual funds. Mometrix test preparation has designed both a detailed study guide and flashcards that contain all the information you will need in order to pass the series 6 exam. Buy kaplan text books online at securities licensing. Series 6 exam investment company productsvariable contracts limited representative. The series 6 practice test will assist you in passing the series 6 exam, which is a test that assesses the testtakers knowledge and ability to perform adequately when selling securities products. Thus, while the series 6 license exam covers federal regulations, the series 63 covers state issues. Kaplan financial educations securities licensing exam prep packages provide all the necessary tools to help you prepare, practice, and perform on the finra series 6 exam, investment company and variable contracts products representative qualification examination. The securities industry essentials sie exam is a corequisite of the series 6 exam. Detailed look at the features of equity and debt securities, their investment risks, important vocabulary terms, and. This exam is not recognized in all states and must always be taken with another securities agent licensing exam such as series 6 or series 7. A series 6 license requires you to take and pass both the sie exam and the series 6 topoff course.
A skilled series 6 tutor can make a large impact on your mastery of the series 6 material in a relatively short period of time. We sell kaplan series 6, series 3, series 65 and series 7 text books. The exam measures the degree to which each candidate possesses the knowledge needed to perform the critical functions of an investment company and variable contract products representative, including sales of mutual funds and variable annuities. A general overview of finras series 6, 7, 63, 65 and 66 exams. Both the sie and series 6 are required to receive the series 6 license and registration. The investment company and variable contracts representative qualification examination, or series 6 exam, was developed by the financial industry regulatory authority finra. Kaplans top priorities are the health and safety of employees, students, customers, and the community. Kaplan series 6 securities license exam manual, investment company productsvariable contracts limited representative exam, 9th edition 2015 kaplan financial education on. The provisions of the uniform securities act are tested on the 75minute exam. Series 6 exam prep classes and study materials kaplan financial educations securities licensing exam prep packages provide all the necessary tools to help you prepare, practice, and perform on the finra series 6 exam, investment company and variable contracts products representative qualification examination. Individuals are required to pass both the series 6 topoff as well as the sie qualification exam in order to. We know there are plenty of securities exam preparation providers out there.
Private tutoring is most effective when preparing for the series 6 exam under the following scenarios. How to get a series 6 license series 6 exam info kaplan. Kaplan series 6 securities license exam manual, investment. The series 6 exam is administered by the financial industry. Take practice tests anytime, anywhere using any pc, mac, phone or tablet. For assistance regarding test center capacity in a particular area andor firms with bulk or group. The first step in getting your series 6 license is taking and passing the.
The series 6 limited securities representative license enables the holder to sell mutual funds, unit investment trusts and. Looking for series 6 securities exam prep practice. The sie must be complemented by a series 6 or series 7 topoff exam. Prepare to pass your series 6 replevel licensing exam on the first attempt with our innovative training program. Application before registering to take the series 6 exam, one must be sponsored by a finra member firm. A series 6 registered individual is not a stockbroker since series 6 license holders cannot sell stock, other corporate securities, direct participation programs dpps, or option products. The series 6 license is for financial professionals who want to sell variable contracts. The series 6 replevel exam consists of 50 multiplechoice questions and is a total duration of 1. Get unlimited access to our exam prep software 24 x 7 for 6 months.
Series 6 exam prep training and study materials by examfx. Jan 17, 2020 the series 6 examofficially, the investment company and variable contracts products representative qualification examinationis a multiplechoice test with 50 items. Books and web questions for series 24, series 27, series 53, series 57, investment adviser series 65 and 66, and series 99 exams. We help you pass your licensing examination on the first attempt. The series 6 and series 63 licenses are two examples of finras approach, with the series 63 serving as a complementary statelevel license to the series 6. Since 1972 securities exam preparation has offered selfstudy courses for finra, nasaa, and nfa cftc exams. You are permitted to rewrite either exam if you fail. The series 6 license works alongside the series 63 license, and both must be attained to market and sell securities linked products legally. One plus of kaplans is that the units are wellorganized and. Obtaining a series 6 license to obtain a series 6 license, you must be sponsored by a registered member of finra, the financial industry regulatory authority, for the exam. The securities industry essentials, or sie exam, can be taken by anyone, whether sponsored by a finra member firm or not. Private tutoring is most effective when preparing for the series 6 exam. You are even given sample questions that help you apply what.
Our series 6 courses will prepare you for your exam. Individuals passing this multiple choice exam are licensed to sell a limited set of securities products. Kaplan series 6 securities license exam manual is our 4th best overall prep book on our list of the top finra series 6 prep books. Before you begin the process of obtaining a securities registration, you will first need to decide which exam. It may seem at first counterintuitive that after leaving a brokerage firm with a valid series 7 license you cant work as a registered investment adviser without first taking the less rigorous series 65 license exam. Series 6 is a finra exam required for individuals who sell investment companies, variable annuities and life insurance policies. To take the series 6 exam, you must be sponsored by a finra member firm or a selfregulatory organization sro. Check price on amazon kaplan series 6 securities license exam manual is our 4th best overall prep book on our list of the top finra series 6 prep books one plus of kaplans is that the units are wellorganized and thoughtout. Finra series 6 securities licensing exam prep nrs fire. Prometric testing centers will be closed from 31820 until 41620 due to covid19 1.
Would definitely recommend examfx to anyone that is looking to obtain securities. Series 6 investment company and variable contracts products. Do you need pre license education for property and casualty. Designed to let you build and finetune your knowledge of all areas covered in the exam. The firm applies for candidates to take the examination by filing a uniform application for securities industry registration or transfer form u4. The series 6 exam may be complicated, but with the right study materials, you can pass with a grade you are proud of. The series 6 is a securities license entitling the holder to register as a companys. Find everything you need to know about the series 6 exam.
How to get your series 6 license kaplan financial education. What are the series 6 and 63 securities licenses staterequirement. The series 6 exam tests knowledge of packaged investments such as a mutual funds, life insurance policies and structured term deposits. Securities training corporation offers state approved life and health courses for florida, georgia, new york, pennsylvania, washington, and wisconsin. Any insurance agent should strive toward achieving their series 6 license, but if your main product line is life insurance, then this license is an absolute necessity. There is also an exam fee that is commonly covered by the sponsoring firm. With a series 6 license you are permitted to sell mutual funds and variable contract products to clients. At nrs securities exam prep, we are so confident in our industryleading. Our live online, ondemand, and selfstudy securities licensing solutions provide a safe. This license is also called the variable contracts limited representative license, as it allows the holder to work as a limited rep for a finraregistered investment company. Feb 14, 2019 the series 6 is a securities license entitling the holder to register as a companys representative and sell mutual funds, variable annuities and insurance premiums.
Check the listing of recommended courses below for both types of suggested series 6 prelicensing courses. We offer flexible solutions and packages for every learning style, specifically designed to help you pass your series 6 exam. To earn your finra series 6 license, you are required to take both a securities industry essentials sie exam and a series 6 exam. Evaluate customers financial information, identify investment objectives, provide information on investment products.
Pass perfect is a leading developer of targeted, effective training programs for series 7 and other finra and nasaa securities licensing exams. South carolina securities licensing courses at ab training center, we offer a huge selection of classes for those seeking a series 6, 7, or 63 license or designation in south carolina. The series 63 is a securities exam and license entitling the holder to solicit orders for any type of security in a particular state. All series 6 and series 7 licensees must carry this license as well. A private tutor may be exactly what you need to help you pass the series 6 exam. Kaplan series 6 securities license exam manual, investment company productsvariable contracts limited representative exam. Candidates must pass the securities industry essentials sie exam and the series 6 exam to obtain. This exam is administered by the financial industry regulatory authority finra, previously known as the nasd. Our essential selfstudy solution includes both print and online series 6 exam prep tools designed to fit your study style and schedule. Starting october 1st, 2018, the sie exam is in place. We have a variety of courses and formats, including selfstudy, seminars, online training, and even ondemand versions.
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