Series 65 FAQ

What is the average Series 65 salary?

According to industry data, the average salary for those who have passed the Series 65 exam is around $72,000 per year, with significant variation based on factors such as location, employer, and experience level.

Detailed Answer

The Series 65 license, also known as the Uniform Investment Adviser Law Examination, is required for financial professionals who wish to provide investment advice to clients. Passing this exam demonstrates their knowledge and competence in areas such as investment strategies, portfolio management, and compliance.

Salaries for those with a Series 65 license can vary widely depending on the type of financial institution they work for, their level of experience, and the geographic region. Financial advisors, wealth managers, and investment analysts at large firms tend to earn higher salaries compared to those working at smaller firms or in certain regions.

According to the U.S. Bureau of Labor Statistics, the median annual salary for financial analysts, a common career path for Series 65 holders, was $81,590 in 2021. However, the average salary for all Series 65 professionals is generally lower, around $72,000 per year, as reported by various industry surveys and analyses.

It's important to note that salary is not the only factor to consider when pursuing a career that requires the Series 65 license. Job satisfaction, growth opportunities, and overall career trajectory can be equally, if not more, important in the long run.

Factors such as the size of the firm, the complexity of the client portfolio, and the individual's sales performance can also significantly impact the earning potential of a Series 65 license holder.

Continuing education, professional development, and maintaining a strong compliance record can also contribute to higher earning potential for those with a Series 65 license over the course of their careers.

Tips & Recommendations

  • When researching potential employers, be sure to consider not only the salary range but also the firm's culture, training programs, and opportunities for advancement.
  • Networking with other professionals in the industry can provide valuable insights into the typical compensation and job market for Series 65 license holders in your area.
  • Pursue additional certifications, such as the Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA), to further enhance your earning potential and career opportunities.

Ready to Start Preparing?

Get access to thousands of Series 65 practice questions with detailed explanations and track your progress with ReadyScore.

Start Free Trial