They are both licenses that allow the individual to give fee-based advice. The 66 exam is only for those individuals who are registered for, or completed the Series 7 exam. It combines the Series 63 with the Series 65 exam. The Series 65 exam is designed for those who do not have a Series 7 license.What is Series 66 vs 65?
ANSWER: The Series 66 exam is 100 questions versus the Series 65 exam’s 130 questions. Shorter is easier, right? Not necessarily. First, the passing score for the Series 66 is 71%, while you only need a 68.5% to pass the Series 65. Second, the Series 66 is focused more heavily on rules and regulations,...What are the requirements for a series 66 license?
To earn a Series 66 license, you must pass a national exam. The exam is 150 minutes long, and consists of 100 multiple-level questions and 10 pretest questions. It is a closed book system examination, and you get your score immediately upon completion of the test. In order to pass, you must earn a grade of at least 71 percent.Do you need sponsorship for the series 66?
Candidates aren't eligible to take the exam unless they're sponsored by an employer, and most employers provide extensive training and assistance for potential brokers as they prepare for the exam. The Series 66 exam has no sponsorship requirement, but that's not important since investment advisers need both licenses.