Certification Industry: IT Infrastructure
Certificate Name: Investment Company and Variable Contracts Products Representative Exam
Certificate Issuing Authority: FINANCIAL INDUSTRY REGULATORY AUTHORITY
Certification Price: USD 40
Certificate Validity: Renewal happens every three years
The Series 6 Exam: Investment Company and Variable Contracts Products Representative Qualification Examination is designed for an entry-level representative to work as an investment company along with variable contracts products representative. A Series 6 certified professional is qualified for the solicitation, sale/purchase of Mutual funds, Variable annuities, Variable life insurance, Unit Investment Trusts (UITs), Municipal fund securities, etc.
Once a candidate in a financial planning role decides to get a Series 6 license, they focus on growth and the unmatched skills needed for the sale or purchase of a key life insurance product i.e. variable annuities.
Greater Client Satisfaction:
If a candidate does not own a Series 6 license, they limit themselves in terms of the services that are provided by licensed financial advisors and planners. This leads to a lower client satisfaction due to a limited approach towards providing financial counsel.
Who Should Apply?
The Series 6 exam measures the competency of the candidate to perform the duties of an investment company. In order to apply for the exam, they must be associated with and sponsored by a FINRA member firm or other applicable Self-Regulatory Organisation (SRO) member firm.
The Securities Industry Essentials (SIE) exam is a co-requisite to the Series 6 exam for earning the Investment Company and Variable Contracts Products registration.
Number of questions: 50 multiple-choice questions
Exam Time: 1 hour 30 minutes
Passing Score: 70
For scheduling the exam, log on to Schedule an Exam.