{"slug":"financial-advisor-license-requirements","title":"Financial Advisor License Requirements: Every Exam (2026)","description":"Which securities license each job needs — SIE, Series 7, 63, 65, 66 and 27 more — with fees, sponsor rules, retake waits, validity and prep-course prices.","updated":"2026-09-15","url":"https://www.everyexamprep.com/reports/financial-advisor-license-requirements","license":"Free to reuse and cite with attribution to Every Exam Prep and a link to the report URL.","columns":[{"name":"exam","description":"Exam"},{"name":"level","description":"Level"},{"name":"questions","description":"Questions"},{"name":"time","description":"Time"},{"name":"to_pass","description":"To pass"},{"name":"fee","description":"Fee"},{"name":"enrol_without_a_firm","description":"Enrol without a firm?"},{"name":"sie_co_requisite","description":"SIE co-requisite?"},{"name":"source","description":"The publisher page this row was verified against."}],"rows":[{"exam":"SIE","level":"The entry exam (FINRA)","questions":"75","time":"1 h 45 min","to_pass":"70%","fee":"$100","enrol_without_a_firm":"Yes","sie_co_requisite":"—","source":"https://www.finra.org/registration-exams-ce/qualification-exams/securities-industry-essentials-exam-sie"},{"exam":"Series 6","level":"FINRA representative-level exams","questions":"50","time":"1 h 30 min","to_pass":"70%","fee":"$100","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series6"},{"exam":"Series 7","level":"FINRA representative-level exams","questions":"125","time":"3 h 45 min","to_pass":"72%","fee":"$395","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series7"},{"exam":"Series 22","level":"FINRA representative-level exams","questions":"50","time":"1 h 30 min","to_pass":"70%","fee":"$100","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series22"},{"exam":"Series 57","level":"FINRA representative-level exams","questions":"50","time":"1 h 45 min","to_pass":"70%","fee":"$105","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series57"},{"exam":"Series 79","level":"FINRA representative-level exams","questions":"75","time":"2 h 30 min","to_pass":"73%","fee":"$395","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series79"},{"exam":"Series 82","level":"FINRA representative-level exams","questions":"50","time":"1 h 30 min","to_pass":"70%","fee":"$100","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series82"},{"exam":"Series 86/87","level":"FINRA representative-level exams","questions":"two parts","time":"two parts","to_pass":"73% (Series 86) / 74% (Series 87)","fee":"$295","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series86"},{"exam":"Series 99","level":"FINRA representative-level exams","questions":"50","time":"1 h 30 min","to_pass":"68%","fee":"$100","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series99"},{"exam":"Series 4","level":"FINRA principal-level exams","questions":"125","time":"3 h 15 min","to_pass":"72%","fee":"$200","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series4"},{"exam":"Series 9/10","level":"FINRA principal-level exams","questions":"200","time":"5 h 30 min","to_pass":"70% each part","fee":"$410","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series9-10"},{"exam":"Series 14","level":"FINRA principal-level exams","questions":"110","time":"3 h","to_pass":"70%","fee":"$450","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams"},{"exam":"Series 16","level":"FINRA principal-level exams","questions":"two parts","time":"two parts","to_pass":"72% (Part 1) / 74% (Part 2)","fee":"$325","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series16"},{"exam":"Series 23","level":"FINRA principal-level exams","questions":"100","time":"2 h 30 min","to_pass":"70%","fee":"$135","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series23"},{"exam":"Series 24","level":"FINRA principal-level exams","questions":"150","time":"3 h 45 min","to_pass":"70%","fee":"$235","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series24"},{"exam":"Series 26","level":"FINRA principal-level exams","questions":"110","time":"2 h 45 min","to_pass":"70%","fee":"$200","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series26"},{"exam":"Series 27","level":"FINRA principal-level exams","questions":"145","time":"3 h 45 min","to_pass":"69%","fee":"$235","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series27"},{"exam":"Series 28","level":"FINRA principal-level exams","questions":"95","time":"2 h","to_pass":"69%","fee":"$195","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series28"},{"exam":"Series 39","level":"FINRA principal-level exams","questions":"100","time":"2 h 15 min","to_pass":"70%","fee":"$200","enrol_without_a_firm":"Sponsor required","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series39"},{"exam":"Series 63","level":"NASAA state-law exams","questions":"65","time":"1 h 15 min","to_pass":"72%","fee":"$147","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.nasaa.org/exams/study-guides/series-63-study-guide/"},{"exam":"Series 65","level":"NASAA state-law exams","questions":"130","time":"3 h","to_pass":"92 of 130 (71%)","fee":"$187","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series65"},{"exam":"Series 66","level":"NASAA state-law exams","questions":"100","time":"2 h 30 min","to_pass":"73%","fee":"$177","enrol_without_a_firm":"Yes","sie_co_requisite":"Yes","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series66"},{"exam":"Series 50","level":"MSRB municipal securities exams","questions":"100","time":"3 h","to_pass":"71%","fee":"$265","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.msrb.org/sites/default/files/FAQ-MSRB-Series-50-Exam.pdf"},{"exam":"Series 51","level":"MSRB municipal securities exams","questions":"60","time":"1 h 45 min","to_pass":"70%","fee":"$255","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series51"},{"exam":"Series 52","level":"MSRB municipal securities exams","questions":"75","time":"2 h 30 min","to_pass":"70%","fee":"$260","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series52"},{"exam":"Series 53","level":"MSRB municipal securities exams","questions":"100","time":"3 h 15 min","to_pass":"70%","fee":"$265","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series53"},{"exam":"Series 54","level":"MSRB municipal securities exams","questions":"100","time":"3 h","to_pass":"70%","fee":"$265","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series54"},{"exam":"Series 3","level":"NFA futures exams","questions":"120","time":"2 h 30 min","to_pass":"70% each part","fee":"$140","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series3"},{"exam":"Series 30","level":"NFA futures exams","questions":"50","time":"1 h","to_pass":"70%","fee":"$90","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series30"},{"exam":"Series 31","level":"NFA futures exams","questions":"45","time":"1 h","to_pass":"70%","fee":"$90","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series31"},{"exam":"Series 32","level":"NFA futures exams","questions":"35","time":"45 min","to_pass":"70%","fee":"$90","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series32"},{"exam":"Series 34","level":"NFA futures exams","questions":"40","time":"1 h","to_pass":"70%","fee":"$90","enrol_without_a_firm":"Yes","sie_co_requisite":"No","source":"https://www.finra.org/registration-exams-ce/qualification-exams/series34"}]}