How to Pass the Series 66 Exam, Advice from Someone Who Just Passed!
The Series 66 Exam was probably the most difficult professional exam that I’ve ever taken, and this includes College Exams, Professional Licenses, and the like. The reason it was so difficult is that it is literally just a huge concoction of legal regulations that you have to either memorize or understand, and this coupled with a short time frame makes this an absolutely brutal exam. The difficulty of this test is close to, id imagine, what a law school final exam would be like, and I am definitely glad that it is over and I do not need to take it again, at least until I go for my Series 9 and Series 10 licenses in about 12 to 18 months, but that is a problem for another day, nuff said. In this blog post, we’ll show you how to pass the Series 66 Exam on your first attempt, for more information on all things Banking Licenses, be sure to subscribe to our blog or to comment down below with your thoughts and opinions on the article, and we’ll get back to you within one business day with a response!
Among the other top banking licenses include the following:
The SIE Exam
The 2-20 Property and Casualty Exam
The 2-15 Life, Health and Variable Annuity Exam
The Series 3
Series 27 Exam
And a host of other similar and related banking license exams, each with varying degrees of difficulty, like and subscribe for more details!
My Advice to you to Pass the Series 66 Exam on Your First Attempt
So, the Series 66 exam was by far and away the most difficult exam that I’ve ever taken in my entire life. The reason I’m saying this is that it is a very TIME INTENSIVE test, in terms of the amount of information that you need to learn in order to pass the test. I’ve heard people say that you can pass this thing on as little as 100 hours of studying, well I’m here to tell you that this is entirely FALSE, and that while this is true for the 7, that you’re looking at something closer to like 200-250 hours of studying for passing the Series 66 exam on your first attempt. Here’s my study plan that I used to absolutely break and apart and demolish the Series 66 Exam in 2020.
- Buy both Kaplan and Training Consultants, you will need BOTH!
- Allocate 2-3 hours per day studying on weekdays, and something like 4-5 hours studying per day on weekends.
- In the Kaplan book, read the entire thing cover to cover, but be sure that you DON’T start out with the legal regulations. Start out with the Finance stuff, chapters 10-24, and read those first, this will give you enough motivation to get through the first 7 chapters, which are all state legal regulations, TRUST ME THIS WORKS.
- Get some coffee, soda, tea, nicotine, candy, this material is so boring you’re going to need some kind of stimulation in order to get through it.
When you’re studying, go through both the Kaplan and Training Consultants tests, and don’t stop practice testing on both of them until you are getting 80-85% consistently, if you’re doing this, then you’ll pass the exam, and will go on to be a Registered Financial Advisor!
Final Thoughts on the Series 66 Exam vs The Series 7 Exam vs the SIE Exam
All in all, do whatever you can to pass this very difficult exam. Usually passing the exam comes with getting a big raise, and even without that being the case, it will make you much more valuable to the firm, will make you very useful to the team, will give you the ability to scale up better and get raises, and will make you a very powerful commodity on the job market! Any questions or comments about passing the Series 66 exam, comment down below and let us know.
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