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The Uniform Securities State Law Examination, or Series 63, is a standardized test that is administered by FINRA. The test was developed with the intention of assessing how prepared an individual is to work in the securities industry within their state. Individuals who pass the Series 63 have demonstrated their competency to sell investment products like mutual funds, variable annuities, and unit investment trusts. Thus, taking this exam can help you pursue your career goals in the investment industry. Most importantly, however, is the fact that passing the Series 63 exam is a requirement before an individual can begin selling securities. That means that unless you live in one of the small number of states that don't require a Series 63 certification, you'll need to pass this exam before you can begin working in the investment industry as a broker-dealer.

Are There Any Series 63 Eligibility Requirements?

The Series 63 is an entry-level exam. Therefore, it doesn't have many of the eligibility requirements that are common among more advanced Series exams. Instead, the Series 63 serves as a co-requisite or prerequisite for many of the financial exams in the FINRA Series family of tests. For instance, before you can begin selling securities, you'll need to pass the Series 63 as well as either the Series 7 or Series 6 exam.

Similarly, there are no sponsorship requirements that you must satisfy before taking your Series 63 exam. Other exams have requirements that test-takers have a financial firm to sponsor them before they can take the test. Since this is not a requirement for the Series 63, you can easily register online for nominal fee.

Breaking Down the Series 63 Exam

Below, you'll find an overview of the Series 63 exam's format:

• 1 hour 15 minute exam
• 65 scored questions
  • Multiple-choice
  • 5 questions are experimental and unscored
    • These questions are unidentified and could appear at any point
• Passing score
  • 71%
  • 43 of 60 scored questions correct
• Closed-book test

As the information above indicates, you'll need to answer 65 multiple-choice questions within a 75-minute time limit. Working this quickly through a challenging exam like the Series 63 can be difficult to do. However, when you sign up to work with a Series 63 tutor set up for you by ΄σΟσ΄«Γ½, you can easily get the assistance you need to start working more efficiently through each problem type you'll encounter while taking your exam.

The information below shows the main content areas that are tested on this exam:

• Regulation of Investment Advisers Including State-Registered and Federal Covered Advisers
  • 3 questions
  • 5% of exam
• Regulation of Investment Adviser Representatives
  • 3 questions
  • 5% of exam
• Regulation of Broker-Dealers
  • 9 questions
  • 15% of exam
• Regulation of Agents of Broker-Dealers
  • 9 question
  • 15% of exam
• Regulation of Securities and Issuers
  • 3 questions
  • 5% of exam
• Remedies and Administrative Provisions
  • 6 questions
  • 10% of exam
• Communication with Customers and Prospects
  • 12 questions
  • 20% of exam
• Ethical Practices and Obligations
  • 15 questions
  • 25% of exam

This list above shows the breadth of knowledge you'll need to perform well on the Series 63 exam. When you sign up to work with a test preparation tutor, you can get assistance with whichever of these content areas that you need additional help in understanding. For example, would you like to learn more about the regulation of broker-dealers? If so, your tutor can spend extra time with you covering this content category. They can also spend less time with you on the material that you already understand. This ensures that you're not wasting your time going through material that you don't need assistance to learn. Instead, you'll be able to focus all of your energy and efforts toward the content categories that you're looking to understand better. When you sign up to work with a test preparation tutor, your needs are the top priority.

Below, you'll see a list that includes some of the important topics that you'll want to know about before sitting down to take the Series 63 exam:

Series 63 Topics (non-comprehensive)

• Investment Advisor activities
• Investment Adviser Representative activities
• Broker-Dealer activities
• Agents of Broker-Dealers activities
• Definitions of securities
• Exemptions
• State antifraud authority
• Administrative actions
• Penalties and liabilities
• Authority of state securities Administrator
• Customer disclosures
• Performance guarantees
• Ethical compensation
• Cyber security and data protection

How Can a Series 63 Tutor Near Me Supplement My Study Plan?

The information in the lists above indicates just how much you'll need to know before you can feel confident sitting down to take the Series 63 exam. Learning about all of these topics can be a difficult thing to do without any guidance. That's where Series 63 tutoring comes in. In the paragraphs below, you'll learn more about exactly what a Series 63 tutor can do to supplement your test preparation process.

One of the main benefits associated with Series 63 tutors is the unique setting in which your sessions can take place. When you sign up to work with a Series 63 tutor, you'll get the chance to learn from an expert on the exam's content through a series of one-on-one Series 63 tutoring sessions. This intimate academic setting enables your Series 63 tutor to create a customized learning plan for you based on your specific academic needs, learning style, and test goals. You'll be able to work through each of your Series 63 tutoring sessions at your own pace. You can stop to ask for additional guidance from your Series 63 tutor whenever you need it, as well. This level of personalization is difficult to match through other test preparation avenues.

Series 63 tutors are also flexible. ΄σΟσ΄«Γ½ understands that the professionals who decide to take the Series 63 exam are busy. That's why we make every effort to connect you with Series 63 tutoring options that fit within your existing schedule. This means that you can easily sign up to work with a Series 63 tutor without having to worry about whether or not you'll have to make sacrifices in the other important parts of your life to do so.

Series 63 tutors can also help the individuals they work with develop a better set of general test-taking skills. For instance, have you ever experienced test anxiety? It's an unfortunately common occurrence among individuals who are taking important tests like the Series 63. Experiencing test anxiety while taking your upcoming exam could make it difficult to focus on answering the questions that you need to work through. It may also make it challenging to remember the material that you studied with your Series 63 tutor during the test preparation process. However, when you sign up to work with a Series 63 tutor found for you by ΄σΟσ΄«Γ½, your educator can show you exercises you can use to overcome test anxiety if you end up experiencing it on the day of your exam.

Similarly, if you've been searching for a "Series 63 tutor near me," ΄σΟσ΄«Γ½ can also help you with developing your time management skills. As touched on briefly above, the Series 63 exam has a restrictive time limit that can make it difficult to get through all of the test's questions without feeling rushed towards the end of it. However, your tutor can help you address this issue as well. They can provide you with practice tests and sample questions that can help you improve the efficiency of your question-answering. These are test-taking skills that you'll be able to utilize on your upcoming Series 63 exam as well as on any future tests that you may take. In this way, test preparation tutoring with ΄σΟσ΄«Γ½ is a well-rounded learning experience.

What Can a Series 63 Certification Do For You?

Earning your Series 63 certification is like taking the first step towards reaching your career goals. Below, you'll see a list of potential careers that that Series 63 certification qualifies you for fully or partially:

Series 63 Careers (may require additional certifications)

• Client service associate in the wealth management industry
• Private equity sales
• Equity trader
• Investment operations
• Investment analyst
• Research associate
• Mergers and acquisitions analyst
• Financial advisor
• Supervision analyst

The list above indicates just how valuable earning your Series 63 certification can be. However, over 50,000 candidates fail the Series 63 test each year. Failing this exam could delay the pursuit of your career goals. That's why it's vital to have a strong test preparation plan in place during the lead up to your test day. It also explains why internet searches for terms like "Series 63 tutors near me" have grown in popularity in recent years. However, you don't need to look up "Series 63 tutors near me" to take the first step towards building your ideal study plan. Instead, you can easily get started with an experienced educator by getting in touch with an educational director at ΄σΟσ΄«Γ½.

How Can I Get Started with Series 63 Tutoring Near Me?

Are you interested in a career in the investment industry? If so, then you've likely already concluded that you need to take the Series 63 exam to start pursuing your goals. Working with a private tutor is a great way to start preparing for this important exam. Your tutor can provide you with a customized learning experience that is difficult to match through other test preparation resources. If you're ready to get started with the tutoring process, then you can quickly do so by reaching out to ΄σΟσ΄«Γ½ today. We hope to hear from you soon and look forward to helping you pursue your test goals.