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Investment Advisor License in Massachusetts

Your complete 2026 guide to obtaining and maintaining your Investment Advisor license in MA. Covers fees, exams, documents, and renewal.

Application Fee

$500

Processing Time

4-8 Weeks

Exam Required

Series 65 or Series 66 Exam

Difficulty Level

High

Step-by-Step: How to Get Licensed

Follow these 5 steps to obtain your Investment Advisor license in Massachusetts.

Step 1·Complete Education

Finish an approved Investment Advisor training program in Massachusetts.

Step 2·Gather Documents

Collect all 5 required documents for your MA application.

Step 3·Pass the Exam

Score passing marks on the Series 65 or Series 66 Exam.

Step 4·Submit Application

File your application with the Massachusetts licensing board and pay the $500 fee.

Step 5·Receive License

Processing takes 4-8 weeks in MA. Practice legally once approved.

How to Apply

To obtain your Investment Advisor license in Massachusetts, you must first complete the state-mandated pre-licensing education requirements. Massachusetts requires all applicants to pass the Series 65 or Series 66 Exam before submitting their application to the state licensing board. The application process in MA is straightforward but requires careful attention to detail and documentation.

Requirements

Massachusetts has specific requirements for Investment Advisor licensure that applicants must fulfill. You must be at least 18 years old and hold a valid government-issued identification. Educational requirements include completing an accredited program relevant to provide investment advice and manage client portfolios. A clean background check is mandatory in MA, and you must demonstrate good moral character. The Series 65 or Series 66 Exam must be passed with a minimum score set by the Massachusetts board.

Fees & Costs

The initial application fee for a Investment Advisor license in Massachusetts is approximately $500. This fee covers the processing of your application and initial license issuance. MA also charges an examination fee which is typically paid directly to the testing provider. Late application submissions in Massachusetts may incur additional penalties of up to $125.

License Fee Calculator — Investment Advisor in Massachusetts

Base License Fee$500
Estimated Total$500

Renewal Process

Your Investment Advisor license in Massachusetts must be renewed every 1 year. The renewal fee in MA is $350. Massachusetts requires completion of continuing education credits before renewal. Submit your renewal application at least 30 days before expiration to avoid late fees. Practicing with an expired license in MA can result in fines and disciplinary action.

License Expiry Calculator — Investment Advisor in MA

Enter your license issue date to see when renewal is due. Massachusetts requires renewal every 1 year.

Additional Information

Working as a Investment Advisor in Massachusetts offers numerous opportunities for career growth and professional development. MA has a robust job market for licensed professionals in this field. The state board actively works to streamline the licensing process while maintaining rigorous standards. Massachusetts also participates in interstate licensing compacts, which may facilitate practice across state lines for qualified Investment Advisor professionals.

Document Checklist — Investment Advisor

0 of 5 documents ready

Frequently Asked Questions

License Reciprocity: Can I Use My Massachusetts Investment Advisor License in Other States?

Reciprocity varies by state. Always verify with the destination state's licensing board before practicing.

Destination StateReciprocityNotes
Alaska (AK) NoneAK does not recognize MA Investment Advisor license. Full re-application required.
Alabama (AL) PartialAL requires additional exam or paperwork for MA license holders.
Arizona (AZ) NoneAZ does not recognize MA Investment Advisor license. Full re-application required.
Arkansas (AR) NoneAR does not recognize MA Investment Advisor license. Full re-application required.
Colorado (CO) NoneCO does not recognize MA Investment Advisor license. Full re-application required.
Delaware (DE) NoneDE does not recognize MA Investment Advisor license. Full re-application required.
California (CA) FullCA accepts MA Investment Advisor license via reciprocity agreement.
Florida (FL) NoneFL does not recognize MA Investment Advisor license. Full re-application required.

Where to File Locally in Massachusetts

Visit a licensing department office near you for in-person assistance.

Boston

1000 Washington St, Boston, MA 02118

(617) 701-8600

Mon-Fri 9:00 AM - 5:00 PM

Worcester

455 Main St, Worcester, MA 01608

(508) 799-1000

Mon-Fri 8:30 AM - 5:00 PM

Springfield

36 Court St, Springfield, MA 01103

(413) 787-6100

Mon-Fri 8:30 AM - 5:00 PM

Cambridge

795 Massachusetts Ave, Cambridge, MA 02139

(617) 349-4300

Mon-Fri 8:30 AM - 5:00 PM

Lowell

375 Merrimack St, Lowell, MA 01852

(978) 970-4000

Mon-Fri 8:30 AM - 5:00 PM

Official Massachusetts Resources

Always verify requirements directly with the Massachusetts state board. Regulations may change.

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Disclaimer

US License Guide is a private informational resource and is not affiliated with, endorsed by, or connected to any federal, state, or local government agency. The information provided on this website is for general guidance purposes only and should not be considered legal or professional advice. Licensing requirements, fees, and procedures may change without notice. Always verify current requirements directly with your state's official licensing board before making any decisions. Use of this site does not create any professional-client relationship.