Licensing - Grow your practice to its full potential.

Below are all the licenses you can receive in the Financial Services Industry. Each license has its own study materials, legal requirements, and product-line. Further details and questions can be answered through our compliance department.

Sign up or learn about more Qualification Exams available at FINRA.org.

The 2-15 Life, Health and Variable Annuities license allows an individual to transact contracts for Life Insurance, fixed-dollar annuity contracts, or variable annuity contracts offered by the same insurer. This license also allows the individual to transact Health Insurance.

• Duration: 2 hours

• Questions: 100

• Cost: $150

The exam is broken down into seven parts. These topics include:

The Securities Industry Essentials® (SIE®) Exam is a FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

After You Pass | Passing the SIE alone does not qualify an individual for registration with a FINRA member firm or to engage in securities business. In order to become registered to engage in securities business, an individual must pass the SIE and a qualification exam appropriate for the type of business the individual will engage in. The individual must be associated with a member firm to take a qualification exam.

• Duration: 1 hour and 45 minutes

• Questions: 75

• Cost: $60

The Series 6 Exam — the Investment Company and Variable Contracts Products Representative Qualification Examination (IR) — assesses the competency of an entry-level representative to perform their job as an investment company and variable contracts products representative.

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.

• Duration: 1 hour and 30 minutes

• Questions: 50

• Cost: $40

Permitted Activities

• Mutual funds (closed-end funds on the initial offering only)

• Variable annuities

• Variable life insurance

• Unit investment trusts (UITs)

• Municipal fund securities [e.g., 529 savings plans, local government investment pools (LGIPs)]

The Series 7 Exam — the General Securities Representative Qualification Examination (GS) — assesses the competency of an entry-level registered representative to perform their job as a general securities representative.

The exam measures the degree to which each candidate possesses the knowledge needed to perform the critical functions of a general securities representative, including sales of corporate securities, municipal securities, investment company securities, variable annuities, direct participation programs, options and government securities.

• Duration: 3 hours and 45 minutes

• Questions: 125

• Cost: $245

Permitted Activities

The Series 63 Exam — the Uniform Securities State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

• Duration: 1 hour and 15 minutes

• Questions: 60

• Cost: $147

The Series 65 Exam — the NASAA Investment Advisers Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

• Duration: 3 hours

• Questions: 130

• Cost: $187

The Series 66 Exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

There is no prerequisite for the Series 66 examination.  However, the Series 7 examination is a co-requisite to the Series 66 Examination. 

• Duration: 2 hours and 30 minutes

• Questions: 100

• Cost: $177

ExamFX ensures you can find the CE classes you need, whenever you need them.

Take Action

We’ve partnered with Kaplan to provide study materials and an online course for all licensing courses at no cost to you.

Looking to sell in a different state? Simply email Nicole Vasquez or schedule an appointment to discuss which state and specific products you’re looking to sell.