Successfully Studying for the Series 65 Exam

The Series 65 Exam, also called the Uniform Investment Adviser Law Examination, is required by a lot of states for investment professionals to legally provide investment advice to their clients. Individuals who successfully pass the examination can operate as an Investment Advisor Representative.

The test is run through the Financial Industry Regulatory Authority (FINRA) and may be taken at various places across the country. Unlike the Series 7 exam, you do not need to be sponsored by or employed by a member firm or broker dealer.

Each Series 65 Exam, is composed of 140 questions, ten of which are pretest questions. To pass the Series 65 Exam you need to correctly answer 72 percent of the questions. The test topics are numerous and wide-ranging and might include the Investment Advisers Act of 1940, Proxy Voting, Types of Investment Companies, Currency Transaction Reports, and the Securities Acts Amendments of 1975.

Each year many people cannot pass the Series 65 Exam on their first try. Therefore, it might appear that studying for the Series 65 Exam is really a complicated task. However, with a bit of strategy plus a Series 65 study guide, you will pass with flying colors with less study time than you would imagine.

Now that you know what the Series 65 Exam is all about why don't you start your studying for the Series 65 today!

Series 65 Study Guide: T-minus one month and counting...

To be able to successfully pass the exam in your first try, you'll want to allow sufficient time to review and rehearse. If you don't pass on your first try you have to wait 30-days to retake the exam so make sure you give yourself sufficient time. Here are the vital steps...

Step 1: Cover a chapter inside your study guide no less than every two days. At first, skim over the section. Get a synopsis about the components covered. You're not opting for retention here, just an overview. After skimming the chapter, re-read it with highlighter and pen in hand. Highlight essential text and make notes inside the margins. Don't be concerned with the pop-quizes or sample tests at this time, give attention to ferreting out the important details.

Step 2: Evaluate the chapter you recently completed. With 3 x 5 index cards in hand begin to make flash cards with all the important facts you highlighted and notes you wrote within the margins. Put just one question or topic on the front of each card and the answer on the back. Once you get that complete chapter on 3 x 5 note cards, speedily review them. Repeat this for each chapter.

Step 3: Carry your completed notecards everywhere along with you. When happen to be on a break, walking the dog, or at lunch review them. Review as often as you can. You are opting for repetition here. Repetition will ensure proper memory recall later. Also, say the information and facts out loud whenever possible, the more of your senses you engage the better your memory will be throughout the test!

Step 4: You should be about 14 days from your Series 65 test date now. It's time to take the sample exams. Go to a silent room, where you won't be disturbed, with a clean notepad and pen. Grab a kitchen timer and set it for three hours and start taking a practice exam. No cheating. You need a good appraisal of what you know and don't know. Should you arrived at a question you're not sure of try and remove some of the answers. What do you know about the question? Don't take a long time. Make your best guess and write that question number upon your notepad. If you've time at the end, you can re-read those questions you had trouble with. Often times the answer is now perfectly crystal clear.

Step 5: Grade your responses. For the questions you got wrong or guessed at (even though you guessed correctly) make fresh 3 x 5 note cards for those questions and review every one of your new note cards whenever you can. Take a least 24 hours off to review ALL of your note cards between sample exam days. Duplicate steps 4 & 5 until the day before the test.

Step 6: T-minus tomorrow! Tense? Don't be you've prepared well. The day before the test is important. Don't stay up too late studying. Eat an excellent meal for dinner and acquire plenty of restful sleep (at least 6-8 hours). Also the morning of the test, make sure you consume a good meal, but don't stuff yourself. You want that blood in your head, not your belly! Get up a little earlier and get to your exam location about 30-45 min before your test. Bring your note cards and study them inside your automobile before the test. Then Results!!!

Other Helpful Series 65 Exam Tips:
- Know the physical location of the Series 65 exam locations prior to the morning of.
The very last thing you need is to get lost on the way to the exam.
- Bring ear plugs. Sometimes the centers are loud.
- Carry at least two current kinds of ID to the exam center.
- Go slow. Read each question two times to avoid any carless blunders.
- Think positive. What if everything works out perfectly?

Good luck. You'll do great on the Series 65 Exam!

For more information on the Series 65 Exam or for complete Series 65 Study Guide Reviews, visit www.series65exam.org.