NASAA Series 65 pass rate & how retakes work
PrepPass has not verified whether NASAA — North American Securities Administrators Association publishes a pass rate for the NASAA Series 65 exam, so we are not going to give you a percentage. Some exam authorities publish pass rates in annual or sunset-review reports rather than on their exam pages, and others genuinely publish none — until we have read the authority's own documents for this exam, we would only be guessing which it is. What we can tell you is that any exact "NASAA Series 65 pass rate" figure you find on a prep site that does not cite an authority document is an unofficial estimate. Ask what it cites. The passing standard is a different thing from a pass rate, and for this exam it is published: 92 of 130 correct. Confirm it on NASAA — North American Securities Administrators Association before you rely on it.
Last checked 2026-09-20 · Source: NASAA — Series 65 Exam Content Outline (Uniform Investment Adviser Law Examination), test specifications effective June 12, 2023 · Full sourced exam facts
Free practice before you sit the exam
Retakes cost time and, often, another exam fee. Practice real questions until you consistently clear the standard you need. PrepPass has 1163+ free NASAA Series 65 practice questions with answer explanations and a full timed mock exam — no signup required.
In the Series 65 guide: A named exam-traps list in each of the 14 chapters. Practice here stays free.
Is there a published NASAA Series 65 pass rate?
We don't know, and we would rather say so than guess. PrepPass has not yet read NASAA — North American Securities Administrators Association's own publications for this exam, so we cannot tell you either that a pass rate exists or that one does not. Both claims are claims about the authority, and both need a source.
This matters more than it sounds. Pass rates often sit somewhere other than the exam page — in an annual report, a legislative sunset review, or a statistics dashboard. California's contractor board, for one, publishes its Law & Business pass rate in a report to the Legislature and nowhere else, which is why almost no prep site has it. So the absence of a figure on the registration page is not evidence that none is published.
Until we have checked, treat any exact "NASAA Series 65pass rate" percentage you find online as an unofficial estimate unless it links to an authority document you can open yourself.
Start here — the exam authority itself: NASAA — North American Securities Administrators Association →
NASAA Series 65 facts
How many times can you retake the NASAA Series 65 exam?
There is generally no fixed lifetime cap. Here is how retakes work:
- If you don't pass, you can retake the exam. Each attempt generally requires registering (and paying any exam fee) again.
- The exam authority sets the retake policy, including any required waiting period between attempts. Confirm the exact wait on the official site before you rebook.
- You can prepare between attempts with free practice — PrepPass has 1163+ free NASAA Series 65 practice questions with explanations.
Want the full picture of the difficulty and the content areas?
See how hard the NASAA Series 65 exam is →Frequently asked questions
What is the NASAA Series 65 pass rate?+
PrepPass has not verified whether NASAA — North American Securities Administrators Association publishes one, so we do not state a figure. Any exact percentage you see on a prep site that does not cite an authority document is an unofficial estimate rather than a number from the exam authority.
What score do you need to pass the NASAA Series 65 exam?+
The published passing standard is 92 of 130 correct. That is the authority's figure, not ours, and it is a passing SCORE — the bar you personally have to clear — not a pass RATE. Confirm it on NASAA — North American Securities Administrators Association before you rely on it.
What happens if you fail the NASAA Series 65 exam?+
You can retake it. The authority may require a waiting period between attempts, so check the official page for the current rule. Between attempts, you can keep working through practice questions until you consistently clear the standard you need.
Scoring and retake rules — confirm on the official authority:
NASAA — North American Securities Administrators Association →Last updated: September 2026