FINRA Series 86 — Research Analyst (Analysis)

FINRA research analyst Part 1 — required to publish equity research reports for a broker-dealer. 100 MCQ in 4.5 hours. Heavy quant: financial modelling, valuation, accounting, capital markets. 73% to pass. CFA L1/L2 holders may waive.

Elite United States Finance & Professional 100 questions 270 min 50 distinct variants
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Series 86 exam at a glance

100
Questions
270
Minutes total
1
Section
50
Variants

Series 86 section breakdown

Sample question

One solution of x² - 9x + 20 = 0 is:

Start the full test → to attempt 100 questions across 1 section.

Frequently asked questions

What is the Series 86 exam pattern?
FINRA Series 86 — Research Analyst (Analysis) contains 100 questions across 1 section: Series 86 Full Exam (100 Q). Total duration is 270 minutes.
Does Series 86 have negative marking?
No — Series 86 has no negative marking. Each correct answer is worth 1 mark.
How is Series 86 scored?
Scaled score range: 100 to 1000. Series 86 (pass 73%).
How can I practise Series 86 for free?
Wrexa Edge offers free full-length Series 86 mock tests with instant scoring, detailed explanations, and 50 distinct variants. Sign up for free at Wrexa Edge and start practising in under a minute.
What is the difficulty level of Series 86?
Series 86 is rated Elite difficulty on Wrexa Edge. FINRA research analyst Part 1 — required to publish equity research reports for a broker-dealer. 100 MCQ in 4.5 hours. Heavy quant: financial modelling, valuation, accounting, capital markets. 73% to pass. CFA L1/L2 holders may waive.

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