re you new to the financial industry and confused about whether to take RE1 or RE5 first? You’re not alone. Here’s a quick comparison to help you decide.
What Is the Difference?
- RE5: For Representatives – anyone who gives advice or sells financial products
- RE1: For Key Individuals – those responsible for the management and oversight of FSPs
Who Needs What?
- RE5: Junior staff, client-facing advisors
- RE1: Owners, senior managers, compliance officers
Which One Should You Take First?
If you’re starting as a financial advisor, RE5 is your first step. If you’re launching your own FSP or have been appointed to a key management role, start with RE1.
Exam Format
- RE5: 50 multiple-choice questions
- RE1: 80 multiple-choice questions
- Both require 65% to pass
Our Role in Your Journey
At Skills Management College, we offer targeted classes for both RE1 and RE5, helping students at every stage of their careers. We help you decide the right path and guide you all the way to exam readiness.
