The exam consists of 50 multiple-choice questions, and candidates are given 90 minutes to complete it, making efficient time management crucial for success. Many examinees find that the key to overcoming the perceived difficulty is thorough preparation, often involving structured study programs and practice exams.   

How much does a Series 6 license cost? 

The Series 6 exam fee is $75, but candidates should also consider costs for study materials and prep courses, which vary by provider. Comprehensive guides and practice exams are recommended for better exam preparation. Additionally, candidates might face fees from their sponsoring firm, including administrative charges or FINRA membership costs. Overall, obtaining and maintaining a Series 6 license is a significant financial investment. 

Purchase Series 6 Exam Prep 

Series 6 license requirements  

1. To take the Series 6 Exam, you must be sponsored by a member firm 

To take the Series 6 Exam, you must be associated with and sponsored by a member firm, as this partnership is a foundational requirement on your path to becoming a registered representative. Being affiliated with a sponsoring firm signifies alignment with an organization that is a recognized member of the Financial Industry Regulatory Authority (FINRA). These member firms are not only instrumental in formally endorsing your candidacy for the exam but also play a critical role in providing comprehensive guidance and resources that prepare you for success.  

The choice of a sponsoring firm should not be made lightly, as a firm with a proven track record of supporting its candidates can impact your professional trajectory significantly. The benefits of such an association extend far beyond meeting the basic requirements for the exam; they encompass access to vital professional networks, mentorship opportunities, and potential career advancements within the financial industry. Moreover, being associated with a reputable firm enhances your credibility in the eyes of clients and industry peers, underscoring your dedication to upholding the rigorous standards of the financial services sector. 

2. Find a sponsoring Firm 

To take the Series 6 Exam, it's essential to first find a sponsoring firm, as this step is a prerequisite for anyone aiming to become a registered representative. A sponsoring firm is typically a financial services firm that is a member of the Financial Industry Regulatory Authority (FINRA). These firms support candidates by not only sponsoring them for the exam but also often providing valuable resources and guidance throughout the licensing process.  

When selecting a firm, it is crucial to consider those with a strong track record and commitment to supporting their candidates through the licensing journey. Building a relationship with a reputable firm can also provide benefits beyond just passing the exam, such as career advancement opportunities and professional development. Being associated with a well-regarded firm signal to clients and industry professionals alike that you are committed to maintaining high standards within the financial services industry. 

3. You must Be 18 years of age 

Candidates must be at least 18 years old to take the Series 6 Exam, aligning with FINRA's standards for professionalism. This age requirement ensures candidates have the maturity and legal responsibility needed for roles in the financial industry. 

4. Studying for Your Series 6 License Exam is Crucial 

STC offers comprehensive resources for Series 6 Licensing Exam preparation, including print and online study manuals, online practice exams, and an instructor hotline. These tools support various learning styles and help improve exam confidence and time management. The instructor hotline provides personalized guidance, enhancing understanding and increasing the chance of passing the exam, vital for a career in the financial industry. 

5. Next, Complete Form U4 

Submitting Form U4 is essential for licensing, and your sponsoring firm must complete it accurately before sending it to FINRA. This form documents your personal and professional history. Once received, FINRA processes it and provides instructions for scheduling your Series 6 exam within a 120-day window, allowing time for preparation. Accurate submission of Form U4 expedites the process and indicates your readiness for a career in financial services. 

6. Schedule Your Exam 

Scheduling your Series 6 exam can be done by contacting the Prometric Testing Center, either online or by calling (800) 578-6273. Schedule early to secure a slot, especially during peak times. Confirm appointment details and review necessary identification for a smooth exam experience. 

7. Passing the Series 6 Exam 

After your exam, you’ll receive either a printed copy of your score (if testing onsite) or an email confirmation (if testing remotely). To obtain your Series 6 License, you must also pass the Securities Industry Essentials (SIE) Exam. 

Purchase Series 6 Exam Prep 

Can you take the Series 6 exam without the SIE? 

To obtain your Series 6 License, it is imperative to first pass the Securities Industry Essentials (SIE) Exam. The SIE Exam serves as a foundational assessment of basic concepts related to the securities industry, including market structures, investment products, and regulatory agencies. It is designed to ensure candidates possess a comprehensive understanding of the financial industry fundamentals before advancing to more specialized exams like the Series 6.  

While passing the SIE Exam does not itself qualify you to sell securities, it is a prerequisite that demonstrates your readiness for the more detailed material covered in the Series 6 exam. The preparation for the SIE can complement your Series 6 studies, as it provides a solid basis in regulatory and ethical standards, aiding in your overall career readiness in the financial sector. This dual-focus strategy can enhance your performance, offering a competitive edge when pursuing a career as a registered representative.  

What is the difference between SIE and Series 6? 

The Securities Industry Essentials (SIE) Exam and the Series 6 Exam cater to different stages in a financial professional's career. The SIE Exam is an entry-level test covering fundamental industry concepts, market structures, and regulatory functions, preparing candidates for more advanced exams. In contrast, the Series 6 Exam focuses on selling specific products like mutual funds and variable annuities, requiring a sponsoring firm and expertise in related regulations. These exams together form a pathway that assesses foundational knowledge and practical sales skills in the financial services sector. To learn more, we put together a great guide on the differences between FINRA series 6 and 7 exams. 

You’re Ready to Take the Next Step Toward Your Series 6 License 

Now that you’ve learned everything about the Series 6 license requirements, exam structure, and preparation tips, you’re well-equipped to begin your journey. Understanding the process—from finding a sponsoring firm to passing the SIE and Series 6 exams—gives you a clear path to achieving your goals. The knowledge you’ve gained ensures you’re prepared to navigate each step with confidence and focus, positioning yourself for success in the competitive financial services industry. 

Take what you’ve learned and turn it into action—your future as a registered representative starts now!
 

Your Path to Financial Success Starts Here 

Earning your Series 6 license is crucial for advancing in the financial services industry. It certifies your ability to sell mutual funds and variable annuities while highlighting your ethical standards. Preparing for the Series 6 exam involves understanding licensing prerequisites and utilizing study resources. STC offers exam prep resources and guidance to help you succeed and open new career opportunities in this competitive field. 

Get your Series 6 License with STC 

STC has been a trusted name in securities licensing exam preparation, offering comprehensive study materials like manuals, practice exams, and personalized support. Their adaptive learning tools evolve with industry requirements, ensuring candidates are prepared for the Series 6 Exam and future careers. Aspiring financial professionals using STC gain resources to pass exams confidently and start their careers strongly.