How to Apply
Getting licensed as a Stockbroker in Minnesota starts with meeting the educational prerequisites set by the MN licensing authority. Once you have completed your training, you will need to register for and pass the Series 7 & Series 63 Exams. After passing, submit your application along with all required documents to the Minnesota state board.
Requirements
Minnesota has specific requirements for Stockbroker 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 buy and sell securities on behalf of clients. A clean background check is mandatory in MN, and you must demonstrate good moral character. The Series 7 & Series 63 Exams must be passed with a minimum score set by the Minnesota board.
Fees & Costs
The initial application fee for a Stockbroker license in Minnesota is approximately $450. This fee covers the processing of your application and initial license issuance. MN also charges an examination fee which is typically paid directly to the testing provider. Late application submissions in Minnesota may incur additional penalties of up to $113.
License Fee Calculator — Stockbroker in Minnesota
Renewal Process
Your Stockbroker license in Minnesota must be renewed every 1 year. The renewal fee in MN is $300. Minnesota 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 MN can result in fines and disciplinary action.
License Expiry Calculator — Stockbroker in MN
Enter your license issue date to see when renewal is due. Minnesota requires renewal every 1 year.
Additional Information
Minnesota takes professional licensing seriously, and the Stockbroker field is no exception. The state board in MN regularly updates its requirements to align with industry standards and protect public safety. As a licensed Stockbroker in Minnesota, you will be expected to maintain high ethical standards and stay current with developments in your field. The MN licensing board provides resources and support to help professionals meet their obligations.
Document Checklist — Stockbroker
0 of 6 documents ready
Frequently Asked Questions
License Reciprocity: Can I Use My Minnesota Stockbroker License in Other States?
Reciprocity varies by state. Always verify with the destination state's licensing board before practicing.
| Destination State | Reciprocity | Notes |
|---|---|---|
| Alaska (AK) | Full | AK accepts MN Stockbroker license via reciprocity agreement. |
| Alabama (AL) | Full | AL accepts MN Stockbroker license via reciprocity agreement. |
| Arizona (AZ) | None | AZ does not recognize MN Stockbroker license. Full re-application required. |
| Arkansas (AR) | None | AR does not recognize MN Stockbroker license. Full re-application required. |
| Colorado (CO) | None | CO does not recognize MN Stockbroker license. Full re-application required. |
| Delaware (DE) | Partial | DE requires additional exam or paperwork for MN license holders. |
| California (CA) | Partial | CA requires additional exam or paperwork for MN license holders. |
| Florida (FL) | None | FL does not recognize MN Stockbroker license. Full re-application required. |
Where to File Locally in Minnesota
Visit a licensing department office near you for in-person assistance.
St. Paul
85 7th Place E, St. Paul, MN 55101
(651) 539-1500
Mon-Fri 8:00 AM - 4:30 PM
Minneapolis
350 S 5th St, Minneapolis, MN 55415
(612) 673-3000
Mon-Fri 8:00 AM - 4:30 PM
Rochester
201 4th St SE, Rochester, MN 55904
(507) 328-2000
Mon-Fri 8:00 AM - 4:30 PM
Duluth
411 W 1st St, Duluth, MN 55802
(218) 730-5000
Mon-Fri 8:00 AM - 4:30 PM
Bloomington
1800 W Old Shakopee Rd, Bloomington, MN 55431
(952) 563-8700
Mon-Fri 8:00 AM - 4:30 PM
Official Minnesota Resources
Always verify requirements directly with the Minnesota state board. Regulations may change.
Minnesota Licensing Board
https://mn.gov/boards
Contact Phone
(651) 539-1500
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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.