License GuideSOC 41-3031

Securities Agent
License.

Securities brokers buy and sell stocks, bonds, and other financial instruments on behalf of clients. They work at investment firms or trading desks, executing trades and monitoring market conditions throughout the day. Brokers advise customers on portfolio decisions, explain how different investments match their financial goals, and keep clients informed about price movements and economic trends. They may specialize in stocks, commodities, or mutual funds. Building relationships with clients and staying current on market data are core to the role.

At a Glance

Everything a Securities Agent needs to know.

The Work
What you actually do

Licensed securities agents are regulated at the state level. Every state sets its own education, exam, and experience requirements.

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Securities brokers buy and sell stocks, bonds, and other financial instruments on behalf of clients. They work at investment firms or trading desks, executing trades and monitoring market conditions throughout the day. Brokers advise customers on portfolio decisions, explain how different investments match their financial goals, and keep clients informed about price movements and economic trends. They may specialize in stocks, commodities, or mutual funds. Building relationships with clients and staying current on market data are core to the role.

The Exam
Two-part proctored test

Most states require a national or state-administered exam covering securities agent knowledge, ethics, and state law.

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You'll take a securities licensing exam that combines two sections. The first covers national regulations that apply everywhere. The second tests state-specific rules for where you'll work. Most states contract with testing companies like PSI, Pearson VUE, or Prometric to administer the exam. You schedule your test through these vendors, who handle registration and proctoring. The exam itself uses a multiple-choice format. Your score gets reported to your state's regulator, who determines whether you've met the passing threshold.

Renewal
Keeping it active

Continuing education is required between renewals in almost every state. Hours and topics vary by board.

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Most states require securities agents to complete continuing education hours before renewing their licenses. The number of hours and topics vary by state. Common requirements include ethics training and state-specific securities laws. Check your state's securities regulator for exact numbers and deadlines.

Is This For You
Who fits this career

Strong candidates for the securities agent role combine the technical knowledge tested on the exam with judgment and communication skills you build through supervised experience.

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You'll need a mix of technical chops and people skills to succeed as a securities agent. The exam covers the foundation, but the real work happens after you pass it. You'll spend months learning from experienced brokers how to read market conditions and talk to clients without overselling. The job rewards patience. You spot patterns in data, explain complex trades in plain language, and know when to push back on a client's bad instinct. It's analytical work with constant human contact.

Unlicensed Risk
Practicing without a license

Practicing as a securities agent without an active license is illegal in every state. Typical penalties include civil fines, forfeited income, and in some states criminal charges on repeat offenses.

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Practicing as a securities agent without an active license violates state law. Violators face civil fines and must surrender any income earned from unlicensed work. States impose additional penalties for repeat offenses, including criminal sentences in some jurisdictions. The specific consequences vary by state and the number of violations.

Career Outlook
+4.8% projected

Employment change 2024 to 2034.

The Path

How to Get a Securities Agent License.

To get licensed across most states, you'll need four core things. First, complete accredited education in your field. Next, pass a national or state exam. Then gain supervised experience (the hours required differ by state). You'll also undergo a background check. After you're licensed, you must complete continuing education before each renewal. The specific requirements for hours, degrees, and experience shift from state to state, so check your state's rules early.

1
Meet state minimums
Each state publishes minimum age, residency, and education requirements. Review the requirements of the state where you plan to practice.
2
Complete required education
Most states require formal education or training specific to the securities agent role, completed through accredited programs.
3
Pass the required exam
Most states use a state or national exam for securities agents. Some states also require a jurisprudence or state-law portion.
4
Submit fingerprints and background check
Most boards collect electronic fingerprints through IdentoGO, Fieldprint, or a similar vendor and run a state and federal background check.
5
Apply for the license
Submit the state application with transcripts, exam scores, experience verification, and fees. Processing runs a few days to several months depending on state and board.
6
Pay fees and activate
Once approved, you pay the initial license fee, post any required bond or insurance, and the state issues your license number.
7
Track renewals and continuing education
Most licenses renew every one to three years with a set amount of continuing education. Missing CE or renewal deadlines risks license inactivation.
Timeline

How long it takes.

Background check and exam scheduling
2 to 6 weeks
License issuance after passing
Few days to several weeks
State processing times vary widely.
Cost Breakdown

What it costs out of pocket.

Application and license fee
Paid to the state board at submission. Varies widely by state.
$50 to $500
Fingerprint and background check
Flat vendor fee set by the state.
$40 to $120
Exam fee
Paid to the testing vendor when you schedule.
$50 to $400
Professional liability insurance
Annual policy. Required or strongly recommended in most states.
$300 to $2,500
Compensation

What Securities Agents Earn.

National annual wage by percentile.

Bottom 10%
$47k
25th percentile
$52k
Median
$78k
75th percentile
$129k
Top 10%
$215k
Resources

Where to train, certify, and connect.

Optional next steps once your Securities Agent license is active.

Advanced
Certified Demand-Side Manager
Association of Energy Engineers
Core
Chartered Market Technician - Level II
Market Technicians Association
Advanced
Certified Chartered Wealth Manager
American Academy of Financial Management
Core
Energy Risk Professional
Global Association of Risk Professionals
Core
Series 63, Uniform Securities Agent State Law Examination
North American Securities Administrators Association
Core
Series 66, Uniform Combined State Law Examination
North American Securities Administrators Association
Advanced
Chartered Market Technician - Level III
Market Technicians Association
Specialty
Certified Funds Specialist
Institute of Business & Finance
Core
Certification in Long Term Care
Corporation for Long Term Care Certification
Core
Series 65, Uniform Investment Adviser Law Examination
North American Securities Administrators Association
Core
Associate, Customer Service
LOMA
Advanced
Certified Financial Planner
Financial Planning Standards Board Ltd
State vs State

Compare any two states.

Pre-license hours and fees vary widely. Pick two states to see the gap.

Left
Right
Varies
Pre-license hours
Varies
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Exam fee
Varies
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License fee
Varies
Sacramento Office
Issuing board
Arkansas Department of Commerce
Frequently Asked

Questions people ask.

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