Series 66 MEGATHREAD!!

66 replies [Last post]
brown1775's picture
Joined: 2014-06-27

I just wanted to take a moment to add my 2 cents from my experience with the 66.

TLDR: Passed the 66 with an 82 using STC. Used Prac Exams and Closed Books with a review of the On Demand the night before.

I have to say first off this test was much more difficult for me than the 7. Even though I scored better on this test I felt I was double guessing myself throughout all of the prac exams and the final. What I feel was the most difficult was the versatility of concepts going back and forth on the state and federal side.

I scored decent on the Chapter reviews but horrible on the Q & A "Open Book" exams(Avg 68-70). The First Greenlight I scored a 66. I then went back and started the Closed Books exams and also took some of the exams "By Topic" on the areas I struggled on. From there I was scoring 80's and 90's on the Closed Books and scored a 79 on the Final Greenlight. Finally last night I repeated what I did for my 7, I opened up my laptop and let the On Demand lecture play on the topics I felt needed further review before I fell asleep. I also followed STC's advice to arrive an hour early and review your notes one last time.

All in all this was a make or break test for me and I am beyond relieved that I passed. The test itself was very general with the questions and I felt I had about 22 questions that I was unsure of. I know most would like some magic trick to pass this but I feel the test itself is an anomaly.

In closing don't get discouraged and don't be scared off by whether someone fails with one product or another. I think I psyched myself out reading the stories on STC and the failures here. At the end of the day you get what you put into it and I wish everyone who attempts this the best of luck. Cheers.

jlo's picture
Joined: 2013-07-16

I took the 66 for possibly the 5th time today, losing count at this point, and still did not pass, I made a 68, isn't the passing grade 72? Each time I've taken it come just 3-4 points away from passing but I just cannot pass. I've done the online courses, studied the book done the live cram course, what else can I possibly do to get beyond the few points I'm coming behind at? I am really getting frustrated and it is maddening. I took the 7 and 63 and passed fine but the 66 is absolutely crazy I know the material since I'm coming so close but I understand there is a standard grade for passing. WHAT the heck else can I possibly do to pass it??? It is really upsetting me and I have studied very hard, each time I take the online Kaplan tests I can create on line, I pass them so I thought that was a sign I'm ready... can anyone offer any suggestions I'm going to take it in another month and if I don't pass the 6th time I am giving up.

mstudy's picture
Joined: 2011-10-05

The passing score is not 72, it is 75. Failing by 7 points indicates that you do not know the material well enough. You might be doing the work but you might not be understand what you are doing on a high enough level. I would look for different materials. My experience with students who use Kaplan is that sometimes they score considerably lower on the actual exam than on practice exams. This is especially the case when the student is using the materials over and over again. I recommend Pass Perfect's Smart programs to most of my students. I just finished working with a series 65 student. He took 3 PP finals and the average of his exams was 77%. He passed today with a 77%. With that said, he had an advantage going into this; he has worked in investments for 30 years. You are at a big disadvantage with the 65 and the 66 if you do not have much investment experience. These people should probably seek help from someone with the experience.

chriscalandro's picture
Joined: 2014-07-15

Just seeing if there was anyone out there that could help me with the current situation I'm in? I have been studying with TC and Kaplan for the past month. I started taking the mock exams for kaplan and the standard finals with TC. So for, I'm averaging about a 78 with the kaplan exams and about a 77 with the TC exams (73, 79, 79, 78, still have to take the 5th exam). I am pretty scared becuase I take the exam on Friday and I don't think I am getting good enough grades on these finals. I should be making higher grades on them, when I go back I tend to see that I have made a very dumb mistake on 3-4 questions each exam. So my knowledge is much greater than my test scores. I was just wondering if there is anyone else that has taken the test and has been in my position? If so, how did you do, any advice?

mstudy's picture
Joined: 2011-10-05

I would postpone the exam.

csdunc's picture
Joined: 2014-07-21

Hey all! So my story is that I took the 7 with STC material and got a 87. However, I realized that 1) STC practice questions are worded very differently from the actual test and 2) that it gives you more information than you need.

So, for the 66 I have been using TC partially because of comments on here and partially because of what other people I know have said. I have studied SIGNIFICANTLY less for the 66 than I did for the 7 and have gotten 85, 77, 83 and 78 on the first 4 tests by TC. The 78 doesn't worry me too much because frankly i took the 4th test in a rush and didn't go through it at a reasonable pace. However, I am slightly worried that these tests don't really ask you tough questions. I take the test this Thursday and am curious of what other practice tests i can buy and take that will help build my confidence in the material. Basically, what other program has a great question bank/practice tests?

Also what scores should i be getting on the TC and whichever material you recommend to make sure that I'm really prepared for this thing?

mathew333's picture
Joined: 2014-08-07

Ok here is the real deal and no BS. I took the series 65 two times and got a 70 both times. I was using Test Teachers who I used for my 7, 6, 63, and Life and Health. They are amazing for those but for the 65 and 66 I would NEVER suggest. The only program I would suggest is Training Consultants. Training Consultants is amazing and was way different material than Test Teachers. I was scored a 78, 84, 74, 76, 84 on my finals. I scored an 89% on the 66 yesterday and I am a HORRIBLE test taker as you can see from not passing twice. TC had a bunch of questions that were word for word that I would have never got if I didn't see them in my practice exams. They went over all the material that they tested on. TRUST ME!!! GET TC because they saved me from possibly loosing my job if I didn't pass. Another thing, the 66 was WAY easier than the 65. Even if you already have your 63 like I did, still take the 66 over the 65. The 65 was by far the HARDEST test I have ever taken and I was a Finance major. Trust me!!!!! I hope this helps someone because I wish I had this advice 2 months ago.

amedal09's picture
Joined: 2014-06-28

just wanted to share my experience..
with regards to the 7, i used STC, passed with an 85 after 6 weeks of studying a lot, especially practicing the exams which were a f** pain..
I felt extremely hesitant while i took the real exam. got to the point that after the first half of the exam, i was feeling like i was failing and didnt want to go back in for the second part. but apparently, i understood the concepts more than i thought i did (i dont know if that is worded correctly).

For the 66, I was going to use STC as well, which is the one my firm provided. but after going online and reading this thread, i gave it a shot with TRAINING CONSULTANTS.
works GREAT. although there's a lot less material to study, it can get extremely confusing, especially because in a lot of questions, all 4 answers are practically identical. but TC does a very good job preparing you for the real thing. my biggest challenge was vocabulary and wording because english is my second language.
Take as many finals as you can, and go over the explanations because that definitely helps a lot.
in my opinion,it is unfair to compare the 7 with the 66.
series 7 is a BEAST compared to the 66. the amount of material is overwhelming.
i put a lot of work and effort on both. i felt i didnt have to study as much for the 66 because i studied my butt off for the 7 and a lot of the material was still fresh.
for the 66, once you get the gist of state vs. federal, you should be perfectly fine.

PatrickMs3's picture
Joined: 2014-08-19

Count me in as another believer of TC's material. I took the 66 a month ago using another vendor and failed with a 68%. Took it today after studying diligently with TC for 3 weeks and passed it with an 81%. The questions from TC are very similar to what the actual exam contains in structure. I probably saw at least 10 questions I can remember that were almost word for word. That's not to say the exam still wasn't difficult -- it absolutely was, especially the middle of it. But I was averaging 88-95% on the TC finals so I was fairly confident.

I'm very happy to have this exam in my rear view mirror, and I strongly encourage anyone who has failed previously with a different vendor to give TC a look. They SIMPLIFY concepts that can be very confusing by nature.

mstudy's picture
Joined: 2011-10-05

When anyone scores in the 60s on the series 66 exam, it usually means that you did not understand the material very well. Scoring 90 to 95% on the final exams from any vendor suggests to me that the exams are too easy. The best way to prepare is to use materials/questions that are challenging. When you use challenging material, you should be better prepared for questions on the actual exam.

Steve@LPL's picture
Joined: 2014-08-22

Thx to all who shared their successful strategies!

I took the 66 today and passed with a 90.

Here's what I did:

-Bought Kaplan + TC practice exams (only the exams, no material)

-Took Kaplan weighted 100 Q exam: scored a 66

-Took 4 TC Standard Finals: scored 80, 85, 81, 85

-Took another Kaplan weighted 100 Q exam: scored 80

Then I took the actual exam. The only reading/review I did was in reference to missed questions on the practice exams. Kaplan + TC provide a small explanation of the concept tested on each of the questions--and this was usually sufficient--but I also referenced Investopedia and other sites for concepts on which I was scoring particularly low.

The TC exams were hands down the most valuable resource. I'd say >50% of the questions were worded in similar fashion and the difficulty of the questions / answers was very comparable. I was worried that the selection of answers on the actual exam would be more difficult (e.g. trickier), but I found them comparable to TC.

Good luck to those yet to take the exam!

ems_2014's picture
Joined: 2014-09-30

I passed my Series 66 yesterday with an 85%. It was my second attempt. My first attempt was back in June and I used PassPerfect. I used PP for my Series 7 and thought it was EXCELLENT. My last practice exam was a 78 and that's exactly what I got on the 7 that next day. Very true to life. However, when I was using it for the 66, I was scoring relatively well (mid 80s) and only managed a 73% on the exam. Back to the drawing board.

Second time around, I used a recently passed rep in my office's Kaplan login and thank goodness. I studied my ass off until I was scoring in the mid 80-90s and then went and took that thing. Many questions on the exam felt almost word to word from questions I saw on the Kaplan exams. I remember a lot of LLC vs. C corp vs. S corp etc questions and multiple questions on discount cash flows. 4 or 5 options questions. Everything else was kind of a blur. Slow down and RTFQ! It pays off.

Also, don't be discouraged if you notice a dip in your scores...I was consistently scoring low 80s and then dipped into the mid-low 70s before getting into the 90s.

Study hard. Good luck.

curious12's picture
Joined: 2014-10-20

Please PM me if anyone can share/sell your KAPLAN online access or study material in a fair price. Thank you

joeoz77's picture
Joined: 2014-12-04

If anyone is looking for cheap series 66 TC practice exams please PM me, I have an STC book too. Passed the test last week. There's about 60+ days left on the TC practice test. Thanks!

Marketwizard's picture
Joined: 2014-12-08

I took the Series 66 on Friday. Passed with 75%. I gotta say, I'm extremely lucky. I didn't really study all that much, except cramming for like 4 days. In the practice questions of Kaplan Q Bank, I was scoring around the 70s -80s. I did the Practice Exam (which is their best simulation for the test) and got 62%. I really don't know how I got 75%.. but at any rate.. The textbook is for sale if anyone wants it.

Buckhead's picture
Joined: 2014-12-17

Starting to study for the 66. Has anyone used Kaplan exclusively and had success? Would anyone recommend reading the Kaplan and just using the TC for the test.

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