Certifications
Series 65 Prep: An Entertaining Guide
Learn Economic Factors, Investment Vehicles, Client Recommendations, and Securities Law Through Storytelling
130
Exam Questions
72%
Passing Score
4
Exam Domains
Learn Economic Factors, Investment Vehicles, Client Recommendations, and Securities Law Through Storytelling
The Series 65 (Uniform Investment Adviser Law Exam) is required to register as an Investment Adviser Representative (IAR) in most US states. It covers a wide range of topics — from portfolio theory and economics to fiduciary duty and state securities law. Maxwell Pepper's Series 65 Prep follows Harold, a financial adviser navigating complex client situations, each of which teaches a core Series 65 concept through real stakes and memorable outcomes.
Business cycles, economic indicators, monetary policy, fiscal policy, and how macro factors affect investment decisions.
Equity, debt, derivatives, mutual funds, ETFs, REITs, alternative investments — how they work and how the exam tests them.
The largest domain: portfolio management theory, asset allocation, risk tolerance, tax considerations, and retirement planning.
Uniform Securities Act, Investment Advisers Act of 1940, fiduciary duty, prohibited practices, and state-level regulation.
The Series 65 is heavy on regulation — material that is genuinely dry in a textbook format. By following Harold through real client situations, fiduciary decisions, and regulatory crossroads, you absorb the law through narrative rather than memorization. The concepts become clear because you have seen them applied, not just defined.
