Series 6 Exam Prep

Series 6 Exam Prep Products

When it comes to exam prep, we know our series 6 materials are the best. Why? Because our system proudly claims the absolute highest pass rate in the industry. These high quality products are top of the line and, more so, are exactly what you would expect to receive from the world’s largest publisher of financial information.

Effective exam preparation products leave nothing to chance. They walk you through the study process as they introduce each concept in a logical, relevant manner. This progression allows you to not just learn the material, but to master it. To take these concepts and apply them to your daily role as you continue to develop and grow within your career.

On this page we will take a closer look at our Series 6 Exam Preparation products. As the authors of these products we are able to offer you a level of insight and expertise that you simply will not find anywhere else. So if you have a question, please reach out, you may click on the support link or call during business hours. After all, we are here to help you find the very best combination of study materials to help you successfully pass the Series 6 Exam.

Series 6 Exam Textbook

The Series 6 Exam Textbook provides the foundation for our entire learning system. Think of this resource as a must have starting point for your preparation efforts. This text is designed to cover every detail you will see on your actual series 6 test. It truly has it all and is packed with things like useful testing tips, sample questions from the Series 6 Exam and all of the facts and data you need to successfully pass the exam.

Preparing for the Series 6 Exam can be a long and difficult process. We realize this. We also realize that starting with the right materials can be the difference between success and failure. This textbook will provide you with the framework for your preparation efforts. It is designed to be the foundation of our system and is the ideal place for any candidate to begin.

As with all of our materials, the Series 6 Textbook was developed in partnership with John Wiley & Sons. If those names sounds familiar it’s because they are known throughout the industry for delivering high quality materials that achieve measurable results.

Series 6 Exam Prep Software

For many individuals the thought of sitting down in front of a computer on exam day is very intimidating. They don’t know what to expect in terms of how the questions will be presented, how long they will take to answer and even how they will be worded. It can be an intimidating process.

This is why we have developed the Series 6 Exam Prep Software. With this software package you will be able to train yourself with over 1200 unique practice questions as often as you would like for the next 6 months.

This must have product is designed to take your exam prep to the next level. Immediately after purchase you instantly have the ability to take practice tests as often as you would like. And you aren’t tied to a desk either. You can access this software from your mobile device. Meaning your daily commute just turned into the perfect opportunity for a study session!

With the Series 6 Exam Prep Software you are able to actually create your own randomized quizzes. This means you have the ability to select the topics you want to practice along with the number of questions you would like to include. So, go for short bursts in your problem areas or attempt a longer, more diverse, group of questions that will be more like the actual exam. Either way it’s up to you. Just continue to work your way through the system. Our series 6 exam prep software creates randomized finals with just a click of a button, no fixed number of exams here. The simulated finals will mirror the style, content and difficulty level of the actual test. Your final test should be the GreenLight exam. The test will let you know when you have mastered the materials and are ready to successfully pass your Series 6 Exam.

Series 6 Online Video Class

Studies have shown that different people tend to learn better through different types of input. Some people need to hear information in order to learn it. Others need to work with the data before they master the topic. And still others need to see the facts if they want to retain what they are studying. We understand this need and strive to create products that help all types of learners not only memorize the facts, but actually master the material to a point where it can be applied.

This is why we created the Series 6 Online Video Class. We know that some people learn better in a visual format. They need someone to actually “teach” them the information rather than continue to read and study on their own.

Our series 6 online classes are fully interactive and are designed so the student has full access to the teacher. We encourage them to email their instructor and to also take advantage of all the extra tools that are included with this package. Such as the onscreen presentations, displayed in the video next to the instructor which are designed to help enforce key points and enhance retention. The series 6 video class is shot in full HD. The 10 hours of video training follows our textbooks chapter by chapter and will let you know exactly what is being tested on the series 6 exam and how it is being tested. NO voice over PowerPoints here. An our series 6 video class like all of our products can be accessed anytime and anywhere on any mobile device, tablet or computer.

Series 6 Mobile eBook

Preparing for the Series 6 Exam is a huge undertaking, one that takes many hours of study time along with a high level of individual dedication. In fact, many people find that they prefer to actually carry their study materials with them no matter where they might be. But, carrying around a textbook for several months can quickly become cumbersome and inconvenient. This is why we have created the Series 6 Mobile eBook.

Not just another eBook this approach allows you to actually interact with the material in ways that were never possible before now. The content is the same high quality you have come to expect yet it is presented in a dynamic environment that will grab your attention and enhance your preparation. With the Series 6 Mobile eBook you can take your textbook with you 24/7 and not have to worry about losing your place or even losing your book.

Plus, with our exciting new format you have the ability to highlight, jot down questions, set yourself reminders and even take notes all in one convenient location. All individuals who use this eBook as part of their Series 6 Exam prep will be able to study online or access their content through a convenient app on their mobile device.

The Series 6 Mobile eBook is available on:

• IOS
• Android
• Kindle FIRE HD
• Kindle FIRE HDX
• Nook HD
• Nook HD+

Combination Packages

If you are considering purchasing several of our exam prep products, then be sure to spend some time learning about the bundles below. These pre-designed packages are all offered at heavily discounted prices and are designed to help you successfully pass your exam in their shortest time possible.

Combo #1: Series 6 Textbook & Exam Prep Software

Easily one of our most popular packages, this combo allows you to purchase your textbook along with the Series 6 exam prep software as a discounted bundle. This package is ideal for those who are confident in their ability to self study and are ready to begin moving forward with their preparation efforts.

Combo #1 Includes:

• Series 6 Textbook
• Series 6 Practice Exam Software
• Free Shipping

Combo #2: Series 6 Complete Self Study Solution

Are you ready to kick it up a notch and really move forward with your Series 6 Exam Preparation efforts? Then this combo is exactly what you need! This has absolutely every training solution we have all in one heavily discounted package.

The Combo #2 allows you to manage your resources as you maximize your preparation efforts. This package is ideal for those individuals who want to make sure they have the best of the best and don’t want to risk leaving anything to chance.

Plus, as an added bonus, by purchasing this combo you will receive free shipping on your entire order. In terms of value, this is the highest level we currently offer.

Combo #2 Includes:

• Series 6 Textbook
• Series 6 Practice Exam Software
• Series 6 Online Video Class
• Series 6 Online Video Class

Combo #3: Series 6 & Series 63 Bundled Packages

Over the years we have found that many of our clients who are sitting for the Series 6 Exam also need to prepare for the Series 63 Exam. So, we created this Combo in direct response to their needs. This package is ideal for those individual who plan on a self study method but want to make sure they have all their bases covered.

Our Combo #3 allows you to conveniently purchase both textbooks and both software packages for one low price. Plus, by purchasing the package you are able to add to your savings by taking advantage of free shipping on your entire order.

Combo #3 Includes:

• Series 6 Textbook
• Series 63 Textbook
• Series 6 Practice Exam Software
• Series 63 Practice Exam Software

Combo #6: Series 6 & Series 63 Complete Self-Study Solution

One of our larger packages, Combo #6 gives you every single preparation option we offer for both the Series 6 and the Series 63 exams. Easily one of our more inclusive deals, you will enjoy huge savings by buying everything you need in one convenient location.

This package truly has it all and is ideal for those individuals who don’t want to leave anything to chance. They want to make sure they have everything they need right from the beginning so they are able to maximize their preparation efforts for both exams. Plus, purchasing this package allows you to enjoy free shipping on your entire order.

Combo #6 Includes:

• Series 63 Textbook
• Series 6 Practice Exam Software
• Series 63 Practice Exam Software
• Series 6 Online Video Class
• Series 63 Online Video Class
• Series 6 eBook
• Series 63 eBook

FINRA Series 6 – Exam Information

The Series 6 exam is developed and administered by The Financial Industry Regulatory Authority, or FINRA. Successfully completing this exam grants an individual the necessary qualifications to deal in both variable annuities and mutual funds.

Exam Enrollment Fee:

The enrollment cost for the Series 6 Exam is $100. Please keep in mind that this represents ONLY the enrollment fee. Other fees will likely be necessary as you move forward in the examination process.

Prerequisite:

The Series 6 Exam requires any individuals sitting for the exam to be sponsored by a FINRA member firm. Individuals who are not sponsored by a FINRA member firm will not be allowed to register or sit for the Series 6.

At this time this is the only prerequisite for the exam.

Format:

The Series 6 Exam is comprised of 50 multiple-choice questions.

Number of Questions: 50

The format for the Series 6 Exam has recently changed. This exam now has a new outline focusing on 4 critical job functions.

The Four Critical Job Functions for the Series 6 Exam Are:

• Function 1: 12 Questions – Seeks Business for the Broker-dealer from Customers and Potential Customers
• Function 2: 8 Questions – Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives
• Function 3:  25 questions – Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records
• Function 4: 10 Questions –  Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions

How to Pass the Series 6 Exam and become an Investment Company Representative

How should I prepare for the Series 6 exam?

This is a question we get asked on a daily basis. And the answer isn’t as simple as you might think. Because the truth is that everyone learns differently. Some people thrive in a direct self-study environment while others need a more hands on group approach. However, we have learned over time that there are some key steps every candidate needs to take in order to successfully pass their Series 6 Exam.

First, obtaining and studying the Series 6 textbook is the foundation of your exam prep. To us, this textbook is essential and can often be the difference between success and failure. So read the book. Study the book. And take notes on everything you are going over.

From there make the time to take as many practice exams for the Series 6 as you possibly can. This is where the Series 6 Exam Prep software becomes crucial. Working closely with the software will help you master the material and effectively prepare for you exam.

Passing the Series 6 Exam

Have you ever known someone who was just good at taking tests? They never seemed to study like you did (or at all for that matter) yet they always breezed through their exams with ease. I know it can be quite frustrating to watch! However, there is no magic here. There isn’t even some big secret. These people just know how to use logic against a multiple-choice format in a way that greatly increases their odds of selecting the correct answer and passing the test.

So today I want to talk about this logic and show how you can use the same approach to pass your Series 6 exam. The idea is to “out test” the test and successfully pass the exam on your very first try.

The first tip is pretty simple. I need you to slow down and make sure you are reading the full question. See what happens is we get ahead of ourselves. We scan through the first few words and then assume we know what the rest of the sentence will say. Then, we answer based on those assumptions and end up selecting the wrong answer.

Tragic:

So let’s slow things down and make sure we carefully read both the directions and the questions. This will help you select the correct response because you are taking the time to ensure you understand what the question is asking in the first place.

Next, we are going to “knock out” the answers we know are incorrect. This is called process of elimination. If you are reading through the answers and know that two of the four can’t be correct, mark those off your list. Now you are just choosing between two possible choices instead of four. Statistically this greatly increases your odds of choosing the right answer.

Now, if you see the words “All of the above” in the choices you have left? Pick it.

On the other hand, if you see the words “None of the above” mark it off your list and do not select it. Our research has shown that the writers of the Series 6 Exam prefer to include the correct answer in the choices.

The final answer you want to watch out for is the choice of “not enough information to determine.” This is never the answer you want to select. We have found that there is always enough information given on the Series 6 exam to answer the question. This choice is there to trick you. It’s an easy out, but not one that will give you the results you want. So mark it off your list and move forward with the process of elimination strategy.

If I had to give you one cardinal rule for passing the Series 6 Exam it would be to Never Change Your Answers. When you aren’t sure about your answer it can be tempting to go back and change your choice at the last minute. However, if you are using the system outlined in this article then changing your answers isn’t a good idea. Why? Because it removes logic from your answer.

Using this system gives you a logical approach to selecting an answer to a question where you are unsure. Changing that answer removes logical and leaves everything up to chance. I don’t know about you but I prefer logic over chance every time.

Now that you have a game plan, let’s take a closer look at test day and how you will approach the exam as a whole. What tends to happen is people sit down and start cruising through the answers. Everything is going great until the suddenly hit a question that they aren’t sure off and start to panic. The whole process grinds to a halt and they are stuck.

I don’t want this to happen to you! So here is how we are going to handle that. When you come to a question you aren’t sure of, pick any answer in the group and then select “Record and Review.” This will take that question and add it on to the end of your exam.

So when you have finished with all the questions in your exam you can go back and spend your remaining time using our system to work through the ones you weren’t sure of the first time. With this approach you don’t have to stop your momentum and you aren’t bogged down with the rest of the test in front of you. Instead you have already finished the majority of the work and now have the time to focus on a handful of answers.

Sitting for the Series 6 exam can be extremely stressful. The test is timed and you know from the moment you sit down that you have 100 questions to get through before time runs out. But I want to remove the stress. I want you to know that you have plenty of time to be successful. And even more than that you have a strategy. When you hit that question you don’t know how to answer you already have a plan in place to handle it. You are prepared and YOU are going to be successful.

Successfully passing the Series 6 Exam licenses you to conduct business with both investment and variable contract products.

Series 6 Exam Details:

• • 50 questions
• • 1 hour 30 minute time limit
• • Passing score is 70% or higher

Here at the Securities Institute we know exactly what is required to pass this exam and we are prepared to lock arms with you as you move forward into your future. If you have any questions, please reach out. We are here to help and we look forward to hearing from you soon.

Taking the Series 6 Exam

The Series 6 Exam is a multiple-choice test that is delivered via the PROCTOR system. This is a touch screen based system that many candidates feel is similar to a standard ATM. Candidates do not need any special training or practice to work with the PROCTOR system.

Each Series 6 exam is comprised of 50 randomly selected multiple-choice questions. In this way no two tests are alike as the questions are pulled from a test bank of thousands of possible questions.

How to Prepare for the Series 6 Exam

Our experience has shown that successfully passing the Series 6 exam will require a minimum of 35 to 40 hours devoted to study and preparation. This should include time spent reading and studying the textbook, watching the Series 6 video series and taking as many practice tests as possible.

When you schedule your exam we recommend choosing a date no more than one week after you finish your preparation.

What type of business may be conducted by Series 6 Registered Representative?

Successfully passing the Series 6 exam allows and individual to work with either variable contracts or mutual funds.

What score is needed to pass the Series 6 exam?

Passing the Series 6 exam requires a minimum score of 70%. Candidates who score lower than 70% will need to re-take the exam at a later date.

Are there any prerequisites for the Series 6 exam?

Why there are no educational prerequisites for the Series 6 Exam you must be sponsored by a FINRA member firm to register.

How do I schedule my Series 6 exam?

The Series 6 exam is offered any time your local testing center is open. Scheduling your exam will require your firm’s principal to contact the testing center. This ensures that you are being sponsored by a FINRA member firm. Exam’s are currently offered in most geographies.

What must I bring to the exam center?

All candidates are required to bring a photo ID. Any other required materials will be supplied by the testing center. This included both a calculator and scratch paper.

How long will it take to get the results of my Series 6 exam?

Your exam will be graded as soon as you finish the final question. Once you submit the exam for grading the computer will calculate your score and display it on the screen in front of you. Then, you will exit the testing area and go back to the registration desk. The clerk will provide you with a paper copy of your results to take with you.

Key Tips for Taking the Series 6 Exam:

• Always look for key words and phrases
• Carefully read the full question before answering
• Look out for words such as except and notarius
• Make sure you understand what the question is asking
• Use logic to eliminate incorrect answers
• Don’t change your answers

Series 6 Tutoring

Over the years we have discovered that many candidates prefer to work directly with a private tutor during their Series 6 Exam preparation. Working with this type of skilled professional can mean the difference between success and failure and an effective tutor can help you master the material in a fraction of the time.

Here are a few scenarios where a tutor may prove to be the most effective study method:

• You have worked through all available self-study options and are still struggling to master the material.
• You have taken the exam and were unable to achieve the necessary passing score of 70% or greater.
• You have a highly limited amount of time available to prepare for the exam and need to maximize your efforts.

The Tutoring Difference

Having a tutor who can focus directly on your needs can make all the difference in the world when it comes to successfully passing your Series 6 Exam. This exam is very detailed and the preparation can be stressful. The right tutor can eliminate the stress as they work with you guide your efforts and focus on the areas where you need to develop your knowledge base.

This is an approach where you can minimize the time and maximize your efforts.

Whether you are sitting for the exam for the first time or simply need to improve your score, tutoring may be your best option. So if you have questions about this process please reach out! We are here to help and would love to work with you to set up a tutoring schedule to meet your unique needs.

Below you will find a few key examples of how targeted tutoring was able to help our clients become successful. Take a moment to read their stories and see if our private tutoring services are right for you.

Series 6 Case Study #1

A candidate contacted us and was extremely frustrated with her Series 6 Exam prep. She was diligent with her efforts but kept falling short of passing the practice tests by just a slim margin. After spending countless hours going over her textbooks she was still struggling to answer questions of mutual funds and annuities. Not wanting to chance failing her exam she knew she needed to try something different, she just didn’t know what. Her exam was in just two short weeks and she was ready reach out and ask for help.

Solution

Based on her needs we decided the first step was to have her speak directly with one of our expert instructors. The instructor took the time to dissect her preparation methods and diagnose the problems areas. In the case we discovered that the candidate was so worried about memorizing math concepts that she didn’t not spend adequate time mastering annuities or mutual funds. Her tutor instructed her to spend the weekend taking a closer look at both mutual funds and annuities. This included re-reading her textbook and going back over all her notes in these areas. They also agreed to schedule four, 1-hour virtual tutoring sessions.

During their first session the tutor instructed our client that she would only need to use her calculator for about 4 to 5 exam questions. So no more worrying about math. Next they focused on her problem areas and finished each session by outlining how she should prepare for the next time they met. By their last session the candidate had successfully mastered the material and was able to easily pass her exam just a few days later.

Series 6 Case Study #2

A veteran account decided it was time to change gears a bit in their career and expand into more of an investment role. So, they moved into a position with a local investment firm specializing in mutual funds. While this candidate had over 15 years industry experience, they did not have experience working with mutual funds and did not have the time to devote to extended self-study. He was already working long hours every single day and trying to study between meetings wasn’t proving effective. Plus, in this case our client had not taken an exam of any kind for over 20 years. So, after scoring a 65% on his first practice test he reached out for our help in passing his Series 6 Exam.

Solution

Our tutor quickly realized that this was not the typical client. With a degree in accounting and over 15 years experience the individual already had a substantial knowledge base to build on. The goal was to take this foundation and deepen his understanding of customer accounts, suitability and industry regulations.

The client was already disappointed that he had failed his first practice exam but he was ready to move forward. He didn’t have much time and knew he didn’t want to sit for this exam more than once. So, his tutor put together a plan that would ensure he would pass the exam without investing time he didn’t have. They choose to do virtual training sessions on Saturday and Sunday from 10am to 4pm. The candidate took his exam the very next day and passed with a score of 83%.

Series 6 Case Study #3

A client contacted us when his father decided it was time to retire from their joint insurance business. With his father leaving he would now be required to pass the Series 6 exam because mutual funds and variable products would be a new role for him. This candidate had no time to waste. He needed to pass the exam the first time so there would be no downtime for their firm once his father was enjoying his retirement.

Solution

Our tutor knew time was of the essence. So he worked with the client and set a schedule where they would meet every night from 5pm to 7pm for two straight weeks. The time was strategic and they used these hours to complete a full review of the Series 6 course. Then the tutor would assign a home test for the candidate to complete before their next session. This highly detailed approach allowed the tutor to ensure the candidate mastered the material and was confident to sit for the exam the day after their last session. The candidate passed the exam on the first try and there was no interruption in business for his firm.

These case studies show us the power of working with a professional tutor. Someone who has both the knowledge and experience necessary to walk with your through your Series 6 Exam preparation and help to maximize your efforts. Every candidate had their weaknesses. And working with a tutor might be just the help you need to master yours as you put them behind you once and for all.

Series 6 License Frequently asked questions / FAQs

1) Why should I get a series 6 license ?

The majority of people who obtain the series 6 license will be required to pass the exam by their employer. Often times as a condition of employment, individuals are required to obtain the series 6 license to function in their job. The firm’s compliance department, home office or HR will notify individuals directly or through their managers as to the time frame for taking the exam. Insurance companies, banks and limited broker dealers all require their agents to obtain the series 6 license

2) What will I be able to do with a series 6 license?

A series 6 license will allow you to transact business in open end investment company products and closed end investment company shares on the initial offering only. You will not be allowed to trade closed end funds or ETFs in the secondary market. Once you have obtained a series 6 license, if you wish to conduct business in variable annuity and variable life contracts you will be required to obtain a life and health insurance license in your state. Most agents who obtain a series 6 license will wish to conduct business in variable annuities and will pursue an insurance license, if they have not already done so.

3) How hard is it to get a series 6 license ?

Obtaining a series 6 license takes focus and dedication to the exam preparation process. It should not be taken lightly and students who prepare to take the exam should prepare thoroughly for the exam. There are no shortcuts and students should make studying a priority. We recommend at least 60 hours of preparation to ensure you pass your series 6 exam and become licensed to sell investment company products and variable annuity contracts.

4) Is my series 6 license transferable ?

While in practice it feels like your series 6 license is indeed transferable, in actuality it is not. If you wish to change employers your series 6 registration / license must be terminated by your current employer. Your former employer / the firm that you are leaving will fill out and submit a Form U5 to FINRA. This will terminate your employment and your registration with that firm. When you arrive at your new firm you must fill out and submit a new Form U4. This will begin your registration with your new firm and your series 6 license will become active at your new firm upon receiving notice from FINRA and the states where you conduct business.

5) How much does it cost to get a series 6 license ?

Obtaining a series 6 license will require many people to make an investment in their professional development. Your series 6 license will empower your to conduct a significant amount of business and will put many people on the road to a lucrative and successful career. The good news is for those who have to pay for it out of pocket, the costs are relatively low when compared to other types of training, certification and college expenses. Some employers pick up or reimburse the costs of training and the testing and registration fees. Even for these people many obtain additional resources such as additional test questions, books or videos to ensure they pass their exam. For those who have to pay all of the expenses out of pocket, it usually only costs a few hundred dollars for the testing and registration fees and the training materials.

6) What are the continuing education requirements once I have a series 6 license ?

Once you have obtained your series 6 license you will be required to meet certain continuing educational requirements. Every year your firm will have you attend a seminar, webinar or take an online course to satisfy the firm element continuing education requirement. You will also be required to complete the regulatory continuing education requirement which is administered by FINRA. You will be required to complete this continuing education requirement by successfully completing the S106 course based on your date of association with a FINRA member. Your date of association for most people will be the date you passed your exam. You will be required to complete the S106 on the second anniversary of passing your exam and every three years thereafter. The S106 course may be completed at an approved facility or on FINRA’s continuing education portal

7) Will I need to obtain any other license to be fully registered ?

Most states require that agents obtain a series 63 license in addition to the series 6 license to conduct business within their state and with state residents. You can think of your series 6 license as your product license and your license to represent your employing broker dealer. Your series 63 license can be thought of as your license to transact business with your clients or with people. The series 63 license is in addition to the life and health insurance license detailed above.

We hope that this answers many of your frequently asked questions about the series 6 license. If you have any additional questions please call or email us.

Good luck on your exam.

The Securities Institute of America, Inc.