Investment Advisor Representative

Exam

Third-party exam

Education

Specific course

Experience

Experience

Background check

Not reported

INVESTMENT ADVISER REPRESENTATIVE<br><br>Any partner, officer, or director of (or person occupying a similar status or performing similar functions) an investment adviser, or other individual, except clerical or ministerial personnel, who is employed by or associated with an investment adviser.<br><br>REQUIREMENTS: <br>1. A Form U4 and all information and exhibits required by such form; <br>2. The appropriate application fee as set forth by the Act; <br>3. Satisfactory evidence of a passing score by the applicant on the appropriate examinations; and<br>4. Such other information as the Division may request of a particular applicant to determine eligibility for registration.<br><br>EXAMINATION REQUIREMENTS: <br> (a) Each applicant for initial registration as an investment adviser representative:<br><br>1. Shall receive a passing grade on the Uniform Investment Adviser Law Examination (UIALE/Series 65) as administered by NASD; or<br>2. Shall receive passing grades on the General Securities Representative Examination (Series 7) and the Uniform Combined State Law Examination (UCSLE/Series 66) as administered by NASD; or<br>3. Shall have been registered as an investment adviser representative in any state within the preceding twenty-four (24) months; or<br>4. Shall currently hold one of the following professional designations:<br>(i) Certified Financial Planner (CFP) awarded by the Certified Financial Planner Board of Standards, Inc.;<br>(ii) Chartered Financial Consultant (ChFC) awarded by the American College, Bryn Mawr, PA;<br>(iii) Personal Financial Specialist (PFS) awarded by the American Institute of Certified Public Accountants;<br>(iv) Chartered Financial Analyst (CFA) awarded by the Institute of Chartered Financial Analysts;<br>(v) Chartered Investment Counselor (CIformation and exhibits required by such form; and<br>2. The appropriate fee as set forth in the Act.