The Series 65 exam is a licensing test for individuals who want to become investment advisor representatives. It assesses knowledge of investment strategies, ethics, and regulations, ensuring that candidates understand how to provide financial advice to clients. Passing the Series 65 exam is often a requirement for those working in the financial services industry, particularly for firms that offer investment advice. The exam covers topics such as portfolio management, retirement planning, and the fiduciary responsibility of advisors, helping to ensure that clients receive informed and ethical guidance.