Series 54 — MSRB Municipal Advisor Principal Qualification Examination
The MSRB Municipal Advisor Principal Qualification Exam (Series 54) qualifies you to manage, direct, and supervise municipal advisory activities. These activities include advising a municipality regarding issuing municipal securities, such as the structure, timing, or terms of an issue. Soliciting municipal securities business from municipalities on behalf of a third party is also a form of municipal advising. To become qualified as a municipal advisor principal, you must also pass the Series 50. Read more Series 54 FAQs.
Solomon Exam Prep’s innovative study system has helped thousands pass their securities exams. Explore Solomon’s Series 54 study materials below and get started on your path to becoming a Municipal Advisor Principal!
QUICK LOOK:
- RECOMMENDED STUDY TIME: 40 hours
- EXAM LENGTH: 110 questions
- EXAM TIME: 3 hours & 30 minutes
- PASSING SCORE: 70%
- TAKING EXAM: Testing is done via Prometric
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MATERIALS
PACKAGE
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The Solomon Exam Prep Guide to the Series 54 is a comprehensive guide to the MSRB Series 54 Municipal Advisor Principal Qualification Examination. Written in clear English with practice questions, exercises, and visual aids throughout the text, the Solomon Series 54 Study Guide will help you learn the content necessary to pass the Series 54 exam.
The Solomon Exam Prep Guide to the Series 54 is a comprehensive guide to the MSRB Series 54 Municipal Advisor Principal Qualification Examination. Written in clear English with practice questions, exercises, and visual aids throughout the text, the Solomon Series 54 Study Guide will help you learn the content necessary to pass the Series 54 exam.
The Study Guide is available in your online Solomon account (this digital guide requires Internet connection and is not downloadable).
To see a sample of the online Study Guide, click here.
If you'd like a physical book, a hard copy upgrade is available (shipping & handling will apply) that contains the same content as the online version in your Solomon account.
To see a sample of the hard copy Study Guide, click here.
Please note: This sample of the hard copy is in PDF form to show the look of the hard copy only, but Solomon Study Guides are not available as PDFs.
The Series 54 Online Exam Simulator is the industry-leading, online testing solution for the MSRB Series 54 Municipal Advisor Principal Qualification Exam!
The Series 54 Online Exam Simulator is the industry-leading, online testing solution for the Series 54 - MSRB Municipal Advisor Principal Qualification Examination! The 180-day subscription includes:
• Over 750 original Series 54 practice questions with robust rationales which clearly explain why a specific answer is correct
• Questions updated continually to keep up with regulatory and industry changes
• Self-assessment tools that helps you identify areas that require more study
• An unlimited number of 10-question quizzes based on the FINRA exam sections
• An unlimited number of 100-question untimed practice exams with immediate answer feedback
Exam simulator subscriptions are limited to one individual.
Sample a free demo of our Series 54 Online Exam Simulator here!Having trouble nailing down the most important concepts for the MSRB Series 54 Exam? Our professor takes you through the most essential topics in this online Video Lecture.
Having trouble nailing down the most important concepts for the MSRB Series 54 Exam? Our professor takes you through the most essential topics in this online Video Lecture.
The Video Lecture includes explanations and problem-solving exercises, along with frequent example questions similar to what you may see on the exam.
This 2.5-hour video lecture goes over basic knowledge you will encounter on the exam. The videos can be watched on-demand for 180 days.
The Series 54 Video Lecture is viewed through our website and can be accessed via computer, tablet, or mobile device.
This three-hour audio recording of "The Solomon Exam Prep Guide to the Series 54" will give you the content of this invaluable and enjoyable study guide in an audio format.
This three-hour audio recording of "The Solomon Exam Prep Guide to the Series 54" will give you the content of this invaluable and enjoyable study guide in an audio format. After hearing the book’s well-written content, you will be even more prepared to tackle the Series 54 exam with confidence!
The Series 54 Audiobook is a great companion to the Series 54 Online Exam Simulator, the industry-leading online testing program that ensures you are learning and retaining the information.
Available in the following formats:
- Streaming Audio + Instant MP3 download
The MP3 files are compatible with all major MP3 players, including but not limited to: iPods, iTunes, Zune, Sony, MP3 CD Players, MP3 Walkman, Windows Media Player and QuickTime.
(Note for iPod, iPhone, and iPad users: MP3 files must be downloaded to a computer and added to iTunes before being transferred to your device.)
To listen to a sample click here.The Solomon material was invaluable in helping me pass this exam. The organization of the content, the tests, the video and lecture material, were all exactly on point. Thank you! (Series 54)
Mark Melio, Melio & Company, LLC. Northfield, IL
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What does a Series 54 license allow me to do?
A Series 54 license qualifies individuals to manage, direct, and supervise municipal advisory activities such as:
- Providing advice about municipal financial products
- Providing advice about the issuance of municipal securities
- Soliciting municipal entities to invest in financial products
- Soliciting municipal entities to issue municipal securities
- Providing advice about municipal financial products
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How long should I prepare for the Series 54 exam?
We recommend studying 40 hours over a 3-week period.
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How should I prepare for the Series 54 exam?
Solomon offers a complete Series 54 study program, which includes digital Study Guide, Exam Simulator, Video Lecture, and Audiobook. Visit the Solomon Series 54 page to learn more.
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How do I enroll to take the Series 54 exam?
If you are associated with a municipal advisor firm that is not a FINRA member, you will need to use FINRA’s Test Enrollment Services System (TESS) to enroll to take the Series 54 exam.
If you are associated with a municipal advisor firm that is also a FINRA member, you will need to have your firm enroll you to take the Series 54 exam by amending your Form U4.
Once your exam enrollment request has been processed by FINRA, you will receive an email notification, allowing you to schedule an appointment with a Prometric testing center. You must schedule a time to take the Series 54 exam within your 120–calendar day enrollment period.
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STUDY GUIDE
EXAM SIMULATOR
| Number of Questions | 10 |
| Time Duration | Untimed |
| Answer Feedback Instant validation and rationale |
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| Percentage required to pass | 70% |
AUDIOBOOK
| Track | Title | Bookmark | Length | Download | |
|---|---|---|---|---|---|
| 3 | Introduction | 0:00 | 10:42 | ||
| 5 | Chapter Two | 0:00 | 37:32 |
VIDEO LECTURE
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