New Hampshire Business Broker License — Requirements & M&A Advisor Guide 2025
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New Hampshire Business Broker & M&A Advisor License Requirements
Becoming a licensed business broker or M&A advisor in New Hampshire requires meeting specific education, exam, and experience standards. This guide covers every requirement, fee, and regulatory pathway for New Hampshire as of 2025–2026.
License Type Required in New Hampshire Real estate broker license required. New Hampshire business brokers operate under the Real Estate Broker License, regulated by the New Hampshire Real Estate Commission.
Education Requirements
Pre-license (salesperson): 40 hours of approved coursework
Broker upgrade: 40 hrs broker pre-license course
Experience Required 3 years as licensed salesperson/broker.
Exam & Licensing Fees
Exam: PSI national + New Hampshire state exam
Application fee: $90
License fee: $110
Exam note: Low hour count but 3 years experience required
Continuing Education 15 hours per 2 years required to maintain active New Hampshire broker license. Include mandatory ethics and law topics.
M&A Advisor Requirements in New Hampshire New Hampshire's proximity to Boston and low-tax environment attracts business formation and M&A activity. New Hampshire Bureau of Securities Regulation governs securities laws. M&A advisors on deals above $10M should evaluate FINRA Series 79 registration requirements.
Industry Certifications (Optional but Career-Critical)
CBI (Certified Business Intermediary) — International Business Brokers Association (IBBA)
M&AMI (M&A Master Intermediary) — IBBA, for deals $5M+
CMAP (Certified M&A Professional) — AM&AA
Series 79 (Investment Banking Representative) — FINRA, for larger M&A advisory
Series 82 (Private Securities Offerings Representative) — FINRA
How to Get Started as a Business Broker in New Hampshire 1. Complete 40 hrs pre-license coursework 2. Pass the PSI national + New Hampshire state exam 3. Obtain your New Hampshire salesperson/associate license 4. Work under a licensed broker for 3 years as licensed salesperson/broker 5. Complete 40 hrs broker pre-license course and pass the broker exam 6. Pursue CBI certification via IBBA to establish market credibility