If you feel that your Series 63 test prep could benefit from some expert assistance, Varsity Tutors can place you in a private Series 63 course to help you pursue your academic and professional potential. We are a leader in the Series 63 prep space because we allow students of all ability levels to study at their own pace rather than trying to force them into a particular box.
What Are The Benefits of Series 63 Test Preparation Near Me?
Formal Series 63 prep allows students to build a deeper understanding of every facet of the exam. The Series 63, or Uniform Securities State Law Examination, is designed by NASAA (North American Securities Administrators Association) and administered by FINRA (Financial Industry Regulatory Authority) in order to ascertain whether financial professionals understand the regulations pertaining to the trade of state securities. In order to sell investment products such as unit investment trusts, variable annuities, or mutual funds, candidates must first qualify by passing this test and earning the associated Series 63 license.
Since Series 63 is an entry-level test, there are no prerequisites to being able to sit down for it. However, a Series 63 license is not enough to legally trade securities. Financial professionals also need to pass either the Series 6 (Investment Company and Variable Contracts Products Representative Qualification Examination) or Series 7 (General Securities Representative Qualification Exam) in order to legally buy and sell securities. Both of these other tests carry prerequisites, so you may want to ask your knowledgeable Series 63 tutor for more info on which exams you need to take in order to land your dream job.
The content of the Series 63 exam centers on the Uniform Securities Act of 1956, as well as each of the amendments the NASAA has added to it in the intervening years. Essentially, you can view Series 63 as the state law test for broker-dealer representatives. The table below defines all eight of the exam's "job functions," or sections in layman's terms:
Series 63 Exam Breakdown
Section |
Percentage of Exam |
Regulation of Investment Advisers |
5% |
Regulation of Investment Adviser Representatives |
5% |
Regulation of Broker-Dealers |
15% |
Regulation of Agents of Broker-Dealers |
15% |
Regulation of Securities and Issuers |
5% |
Remedies and Administrative Provisions |
10% |
Communication with Customers and Prospects |
20% |
Ethical Practices and Obligations |
25% |
Trying to study all of that information at once can feel intimidating, but private Series 63 test prep booked through Varsity Tutors can help you study at your own pace, section by section.
How Can Series 63 Tutoring Near Me Help Me Prepare For Each Section On The Test?
Function 1 of the Series 63 exam centers on the definition of "investment adviser," including the differences between advisers certified at the state level and those with federal coverage. If you're looking for a quick and easy way to visualize the differences, your Series 63 tutor may give you a table highlighting the most important information to review during your Series 63 prep. Function 2 is quite comparable, except that it defines the role of an "investment adviser representative" instead of an investment adviser. Both of these sections only have three questions each on the average exam, so it's unlikely that you'll need to spend much Series 63 test prep time here.
Function 3 is the first "real" section of the test, comprising 15% of a test-taker's final score. It covers topics such as the definition of a "broker-dealer," their registration maintenance requirements, and their obligation to supervise all of the agents working on their behalf. Most of this material needs to be memorized, so you might spend Series 63 test prep sessions listening to your private tutor repeat the information over and over again until it starts to stick. Alternatively, you might write the information repeatedly so that it becomes second-nature.
Function 4 is similar to Function 3, except about the agents of broker-dealers instead of the broker-dealers themselves. Bookkeeping and registration maintenance requirements are the principal topic in this section, so your instructor may provide practice problems for you to complete during your Series 63 prep to help you get a feel for it.
Function 5 only represents 5% of your total score, but it covers several important topics such as the definitions of "securities" and "issuers," state registration requirements, exemptions, and state anti-fraud authorities. Don't let the relative brevity of this section prevent you from asking questions about it during your Series 63 prep!
Function 6 highlights the power wielded by state securities Administrators, including the Administrative actions available to them and other penalties and liabilities financial professionals need to be aware of. Again, this largely boils down to rote memorization. If the repetitions recommended above aren't working for you, you might work with your tutor to come up with a mnemonic device during your Series 63 preparation to make this information easier to recall on test day.
Function 7 details how financial professionals are expected to communicate with both current clients and prospective customers. This can be a challenging topic to consider in the abstract, so you might wish to consider roleplaying with your Series 63 tutor during your Series 63 prep and get an idea of what it's like.
For example, your instructor might pretend to be a new customer that you brought to your firm. You can explain why you are a good choice to manage their assets while making sure to incorporate all necessary disclosures and performance guarantees into your sales pitch. When the session is over, you can review what your tutor liked about your conversation as well as anything that you might need to refine before working with actual clients.
Finally, Function 8 deals with issues such as cybersecurity, data protection, the prohibition on loans to and from your customers, and other common sense ethical obligations. None of the material in this section is especially dense, but there is a lot of it. Your Series 63 test prep can go over it item by item if there is anything you do not understand.
Some students may not find it beneficial to work on their Series 63 prep by job function, instead concentrating on the concepts prevalent on the test. While large Series 63 classes are likely to anchor themselves to the syllabus above, private Series 63 tutoring allows you to spend however long you might need to on a particular concept.
For instance, you can study the prohibitions against market manipulation during your Series 63 test prep until you feel confident enough to move on, no matter how important the syllabus says that the topic actually is. Likewise, there is no need to dwell on insider trading if you already have a comprehensive understanding of it.
Taking a private Series 63 class also allows you to receive personalized attention. You are your instructor's only student during your Series 63 prep, allowing all of your work to receive prompt attention. Any mistakes you made can be corrected while the material remains fresh in your mind, allowing you to learn from them in a way you might not have been able to with a substantial delay. Similarly, any misunderstandings can be addressed on the spot to ensure that they cannot spiral out of control.
Private Series 63 courses also foster a productive learning environment. For example, the personal rapport established over the course of your Series 63 prep may make it easier for you to ask questions as they arise. Your instructor can also take the time to understand your unique needs. If you are an auditory learner, your tutor may design Series 63 test prep sessions with a Q&A discussion format to complement your natural learning style. Alternatively, a more practical learner might get more out of Series 63 classes if they incorporate real-world examples to illustrate otherwise abstract concepts. There are many ways to approach Series 63 test prep, but one of them is likely to work better for you than the others. Why should you compromise on the efficacy of your Series 63 class?
A private tutor may even be able to incorporate your interests into your Series 63 prep to make sessions more engaging. For example, a student who enjoys games may approach practice questions like a game show, perhaps with some kind of prize if they answer several in a row correctly. Students who are actively engaged in what they are doing tend to get more out of Series 63 test preparation, so it doesn't have to be all work all the time!
Could A Series 63 Course Near Me Help Me With The Structure Of The Test?
Of course! The Series 63 exam consists of a total of 65 questions (60 of which are scored) over a testing session lasting 75 minutes. There is no penalty for guessing on the test, so all students should plan to at least attempt every question. This means that time management is an important consideration in any Series 63 test prep course.
One proven way to improve your time management is to incorporate practice exams into your Series 63 courses. The best way to get a sense of what the time available to you feels like is to experience it for yourself. If your instructor times you during a Series 63 class, you'll know whether you need to pick up the pace or can afford to spend more time on each question.
Practice exams also provide an opportunity to familiarize yourself with the directions before your testing date, allowing you to dive right in instead of wasting time reading them. If you aren't comfortable with digital assessments, gaining some hands-on experience with the test's electronic interface during your Series 63 prep may also prove beneficial.
The exam is administered at testing labs around the country, where you will be provided with a basic four-function calculator and a dry-erase board to use as scrap paper. Double-checking every answer with these resources may be tempting, but you probably don't have enough time to use them on every question. Instead, your tutor might show you when and how to optimize these resources during your Series 63 preparation.
Should you get stuck on a question, it might be best to just take a guess and move on. Your Series 63 preparation may include test-taking strategies to help you eliminate some of the incorrect answer choices, giving your guess a reasonable chance of being correct. Your tutor may also show you how to leverage the test against itself by using the information provided in one item to answer another. This might not be the most important thing taught in Series 63 classes, but it could help you get a jolt of self-confidence when you need it most!
FINRA tests are notorious for wording questions in a manner designed to confuse test-takers, and the Series 63 is one of the reasons why. You will want to answer some practice problems as part of your Series 63 prep so that you know what pitfalls you need to watch out for. Similarly, your knowledgeable tutor may be able to leverage what they know to point out common errors so that you can concentrate on avoiding them during your Series 63 test preparation.
Why Should I Book Series 63 Courses Near Me Through Varsity Tutors?
Great question! We try to match every student who comes to us to Series 63 tutoring services that fit into their schedule. We believe that your Series 63 course should fit into your life, not the other way around!
Likewise, our proprietary Live Learning Platform allows for all of your Series 63 test prep to take place online. Video chat functionality and a virtual whiteboard ensure that your Series 63 test prep is just as effective as it would be if you met your instructor in person, without the inconvenient commute typically associated with Series 63 prep!
If you would like to learn more about the services we offer or are ready to take your Series 63 test prep to the next level, contact us today for more information! Varsity Tutors takes great pride in helping as many students as possible strive toward academic and professional success!
Andrew: Series 63 test prep instructor
...I am adept at teaching economics and finance, as well as topics in math, statistics, business administration, and standardized testing including several of the Series Exams. My teaching philosophy begins with understanding a student's goals and helping them achieve success both inside and outside of the classroom. I can use elements of a student's background to relate complex subjects in a way that is more familiar with the student. Outside of work, I am an...
Education & Certification
- UNC Chapel Hill - Bachelors, Economics & Psychology
- Georgetown University - Masters, Finance
Subject Expertise
- Series 63
- CPA
- Series 7
- Series 55
- +70 subjects
Garth: Series 63 test prep instructor
...Series 7, Series 6, Series 63, Series 24, and Series 66 registered in all 53 jurisdictions. In previous roles, I was responsible for mentoring and supporting associates tasked with passing various FINRA licenses, as well as the following exams: CRPC, CFP, ChFC. Additionally, I am a Chartered Retirement Planning Counselor (CRPC). I have experience working with first time test takers as well as students who require multiple attempts. Additionally, my background prepares me to tutor...
Education & Certification
- Lebanon Valley College - Bachelor of Science, Business Administration and Management
- Loyola University Maryland - Masters in Business Administration, Business Administration and Management
Subject Expertise
- Series 63
- CFP
- Series 24
- Series 7 - General Securities Representative Exam (Stockbroker)
- +26 subjects
Jahlen: Series 63 test prep instructor
...At this time I developed my experience in tutoring,over the last 2 years, by helping my fellow coworkers pass their exams. In my experience with the SIE exam, Series 6, and Series 63 is to study through practice questions and analyzing them in an effort to best answer questions. I feel my passion comes from being able to help my students pass their exams, and becoming a small part of what leads to their future...
Education & Certification
- SUNY at Purchase College - Bachelor in Arts, Economics
Subject Expertise
- Series 63
- SIE
- Insurance License
- Series 6
- +1 subjects
Brian: Series 63 test prep instructor
...decision making, financial literacy, and leadership. I am a firm proponent of higher education as well as career connected training, believing each one respectively is necessary for an improved quality of life depending on the personality of the student. I try to impart this perspective with students or working professionals as it tends to really boost confidence, progress, and choice for the individual. In my spare time, I enjoy reading, studying Scripture, being active with...
Education & Certification
- Portland State University - Bachelor of Science, Finance
Subject Expertise
- Series 63
- Series 26
- Series 65
- SIE
- +22 subjects
Jessica: Series 63 test prep instructor
...personal needs. My specialties are FINRA exams (after 165 students): SIE 100% pass rate 3 100% pass rate 6 100 % pass rate 7 99.99% pass rate 28 100% pass rate 63 100% pass rate 65 100% pass rate 66 100% pass rate 79 100% pass rate 86 100% pass rate I was a teacher and have extensive successful experience with students and accommodations. * I update my material consistent with FINRA's algorithms, industry updates, and...
Education & Certification
- Georgia State University - Bachelor of Science, Finance
Subject Expertise
- Series 63
- Series 22
- Series 7 - General Securities Representative Exam (Stockbroker)
- Series 3
- +30 subjects
Aleta: Series 63 test prep instructor
...the financial services industry, I have passionately seen my primary role as an educator. This is equally important to me as a tutor. During my career, I obtained the Certified Series 7, 6, 63, and 65 and the Life, Health, Annuities and Variable Contracts Producer License within various states. I also hold an MBA in finance. I own a financial consulting firm providing financial coaching, financial educational presentations/events, academic instruction and money management skills individually...
Education & Certification
- University of Miami - Bachelor in Arts, Public Relations
- Hampton University - Masters in Business Administration, Finance
Subject Expertise
- Series 63
- Series 65
- Series 6
- Insurance License
- +27 subjects
Aaron: Series 63 test prep instructor
...professors to lead study groups in statistics and intermediate mathematical microeconomics. I have worked, both formally and informally, providing career advice to students, particualrly those interested in pursuing a career in finance. I have helped numerous students successfully gain internships and full-time jobs in finance and look forward to continuing to help aspiring professionals achieve their goals. In my free time, I enjoy watching sports, skiing, working out and listening to podcasts.
Education & Certification
- Bucknell University - Bachelor in Business Administration, Accounting and Finance
Subject Expertise
- Series 63
- SIE
- Series 79
- Professional Certifications
- +31 subjects
Kevin: Series 63 test prep instructor
...comes from a life long passion for learning. Im a Masters Degree graduate of Washington University in St. Louis (Olin School of Business: Finance emphasis) and also received my Bachelor of Science in Accounting from Truman State University. Both students and parents say that I help students succeed and realize their own potential with improved confidence, grades and test scores. Because I have over 20 years of "real life" professional experience and have traveled extensively,...
Education & Certification
- Truman State University - Bachelor of Science, Accounting
- Washington University in St Louis - Masters in Business Administration, Finance
Subject Expertise
- Series 63
- Series 30
- Series 66
- Series 24
- +41 subjects
Education & Certification
- University of California-Los Angeles - Bachelor of Science, Economics
Subject Expertise
- Series 63
- SIE
- Series 7
- Series 87
- +10 subjects
Michael: Series 63 test prep instructor
...and abroad, government statistics, drivers of the market and the connection all asset classes have on each other. I have the following licenses; 3,4,7,55,63 and SIE. Having run 4 trading desks, I can also help with compliance questions regarding order handling, proper investment fit, confidentiality rules. Equally as important is the able to see what is coming and to be flexible in your career choice, I have had to switch my focus, client base, trading...
Education & Certification
- Long Island University-C W Post Campus - Bachelor of Science, Finance
- CUNY Bernard M Baruch College - Master of Science, Finance
Subject Expertise
- Series 63
- Series 3
- Series 55
- Series 7
- +14 subjects
Education & Certification
- Carnegie Mellon University - Masters in Business Administration, Business Statistics
Subject Expertise
- Series 63
- FINRA - Financial Industry Regulatory Authority
- SIE
- Series 7
- +25 subjects
Nana: Series 63 test prep instructor
I signed up to be a tutor because I enjoy helping others achieve their full potential and become the best version of themselves. I have an undergraduate degree in Economics and an MBA. I also have held Series 7 and 63 licenses in the past and currently licensed to sell health and life insurance.I am looking forward to working with you to exceed your goals!
Education & Certification
- Spelman College - Bachelor in Arts, Economics
- KELLOGG SCHOOL OF MANAGEMENT - Masters in Business Administration, Finance
Subject Expertise
- Series 63
- Series 3
- Series 24
- Series 82
- +42 subjects
Ben: Series 63 test prep instructor
Experienced portfolio manager, strategist and published author with a demonstrated history of working in the financial services industry. Skilled in Asset Management, Equities, Bonds, Investment Strategies, and Capital Markets. Strong finance professional with a MBA focused in Finance, General from University of Southern California - Marshall School of Business. Series 65, 7, 63, 24, CFA, FRM
Education & Certification
- University of Amsterdam - Bachelor of Economics, Economics
- University of Southern California - Masters in Business Administration, Economics
Subject Expertise
- Series 63
- Series 27
- Series 7
- WMCP - Wealth Management Certified Professional
- +39 subjects
Joshuah: Series 63 test prep instructor
...Biology and Political Sciences; passed the SIE, Series 63, 65, and 7 on the first attempts, and have passed the Level I CFA exam. All of which are completely unimportant because it's not about me, it's about how I can help you (and I can)! Whether you know what you need to know, or are completely lost, I will make sure that we progress with content at a speed that fits you until you are...
Education & Certification
- Excelsior College - Bachelor of Science, Biology, General
Subject Expertise
- Series 63
- Series 7
- Series 4
- Series 86
- +14 subjects
Jarrett: Series 63 test prep instructor
...a career in finance and banking. Along the way I have been a financial advisor, licensed stock broker, and a district executive for a regional bank. Currently I am working as an analyst for a digital marketing firm. I love statistics and how businesses and leaders can gain better understanding and make more informed decisions with the use of analytics. I am also passionate about the power of education because I have seen firsthand in...
Education & Certification
- University of Phoenix-Philadelphia Campus - Bachelor of Science, Management Science
- University of Phoenix-Philadelphia Campus - Masters in Business Administration, Business Administration and Management
Subject Expertise
- Series 63
- Series 6
- Series 65
- Series 7
- +20 subjects
edward: Series 63 test prep instructor
I am a person with an easy-going personality style with complete empathy for your situation. I am 100% committed I graduated from the University of South Florida in 1986 and got my Real Estate License from the State of Florida that same year. In addition, I achieved the status as a Licensed Real Estate Broker in 1992 and have owned and managed various brokerages throughout my career as the Broker of Record.
Education & Certification
- University of South Florida-Main Campus - Bachelor in Business Administration, Business Administration and Management
Subject Expertise
- Series 63
- Series 7 - General Securities Representative Exam (Stockbroker)
- Series 24
- Series 26
- +7 subjects
Raymond: Series 63 test prep instructor
I am committed to developing the talent I possess and sharing my life with others. I always enjoyed teaching but more importantly human development. As Socrates said so long ago, the unexamined life is not worth living. Sometimes, the gravity of questions outweigh all in life.
Education & Certification
- Fordham University - Bachelor of Science, Classics
Subject Expertise
- Series 63
- Insurance License
- Series 6
- Series 65
- +6 subjects
Nancy: Series 63 test prep instructor
...As a college economics major with an MBA, and as former investment banker with many years of experience there (now retired), I enjoy teaching finance, accounting, and econ as well as the various secrutities licensing tests. But my avocations are history and literature and I love teaching them as well--whether through assisting with regular school homework and test preparation, or through SAT/ACT prep, or through AP/SAT subject test prep in English Literature, Human Geography, or...
Education & Certification
- Rhodes College - Bachelor in Arts, Economics
- Harvard Business School - Masters in Business Administration, Finance
Subject Expertise
- Series 63
- Series 65
- Series 24
- Series 66
- +83 subjects
Peter: Series 63 test prep instructor
...6 hour exam to the present two exams being the SIE and the Series 7 top off. I passed the Series 3 exam, the National Commodities Futures Exam. If you want to obtain the SIE license, you probably are in one of these categories. You may be doing for the fun of it, looking to get a better understanding of investments, and exploring it as a career. You possibly are in college and wanting an...
Education & Certification
- Rensselaer Polytechnic Institute - Bachelor of Science, Materials Engineering
- California University of Pennsylvania - Master of Science, Mathematics and Statistics
Subject Expertise
- Series 63
- Series 87
- Series 26
- Series 24
- +41 subjects
Victoria: Series 63 test prep instructor
...students prepare for complex exams, we always seem to have the most success when we have discovered the student's learning style and thought-process. I believe learning should be an engaging, inspiring activity where the student can envision how their new knowledge will apply to real-life scenarios. I am also a firm proponent of education, believing it to be absolutely necessary for an improved quality of life, and I try to impart this appreciation to all...
Education & Certification
- University of South Alabama - Bachelor of Science, Biology, General
- Florida Atlantic University - Masters in Business Administration, Business Administration and Management
Subject Expertise
- Series 63
- Series 65
- CFP
- SIE
- +35 subjects