Those investment advisors who want to be licensed to sell only mutual funds and/or variable annuities can take the Series 6 exam, which is shorter and covers less material than the Series 7 (General Securities Representative) exam required of those who plan to sell stocks, bonds, and other securities.

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Those investment advisors who want to be licensed to sell only mutual funds and/or variable annuities can take the Series 6 exam, which is shorter and covers less material than the Series 7 (General Securities Representative) exam required of those who plan to sell stocks, bonds, and other securities.