LicenseCompass

FINANCIAL BROKERS, AGENTS, AND DEALERS License in Massachusetts

Quick Answer

Massachusetts requires passing the Series 65 or Series 7+66 exams and IARD registration through the Secretary of the Commonwealth, Securities Division. Massachusetts has strict fiduciary standards.

Exam
Series 65 or Series 7 + Series 66
Total Cost
$500 (est.)
Timeline
2-4 months
Background Check
Required
Renewal
Every Annually (December 31)

Requirements

FINANCIAL BROKERS, AGENTS, AND DEALERS license in Massachusetts

gold
Education
No educational requirements
Exam
State exam required
Background Check
Felony convictions prohibited
Continuing Education
Continuing education required to maintain license
Veterans Benefits
N/A - Not displayed

Estimated Costs Est.

Exam Fee
$305
Total Estimated Cost
$500

Licensing Agency

Securities Division, Office of the Secretary of the Commonwealth

Cost Breakdown

Estimated costs for getting your FINANCIAL BROKERS, AGENTS, AND DEALERS license in Massachusetts. Values marked "Est." are extracted from official descriptions.

Enter the cost of your pre-licensing education program

$
Exam FeeEst.$305
Total Estimated Cost$305

Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Massachusetts licensing board.

FINANCIAL BROKERS, AGENTS, AND DEALERS Salary in Massachusetts

Entry Level

$65,060

Median

$101,320

Experienced

$239,200

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed FINANCIAL BROKERS, AGENTS, AND DEALERS in Massachusetts.

  1. 1

    Complete Education Requirements

    No educational requirements

  2. 2

    Submit Background Check

    Felony convictions prohibited

  3. 3

    Pass the Required Exam

    State exam required — Series 65 or Series 7 + Series 66

  4. 4

    Submit Your Application

    File your application with the licensing agency.

  5. 5

    Receive Your License

    Processing typically takes 2-4 months.

FINANCIAL BROKERS, AGENTS, AND DEALERS Licensing in Massachusetts: What to Know

Massachusetts lists Financial Brokers, Agents, and Dealers through the Secretary of the Commonwealth, Securities Division. The COS description references broker-dealers and financial advisers. A broker-dealer is any person effecting transactions in securities for the account of others or for their own account, while an agent represents a broker-dealer or issuer. Massachusetts has strict fiduciary standards for investment advisers and enforces the Massachusetts Uniform Securities Act. IARs must register through the IARD system.

Frequently Asked Questions

How much does a FINANCIAL BROKERS, AGENTS, AND DEALERS license cost in Massachusetts?
The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
How long does it take to get a FINANCIAL BROKERS, AGENTS, AND DEALERS license in Massachusetts?
The process typically takes 2-4 months, depending on education completion and exam scheduling.
What exam do I need for a FINANCIAL BROKERS, AGENTS, AND DEALERS license in Massachusetts?
You need to pass the Series 65 or Series 7 + Series 66. State exam required

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Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.