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Unglin Business Brokers · 1:1 Mentorship

Alaska Business Broker License — Requirements & M&A Advisor Guide 2025

Alaska Business Broker & M&A Advisor License Requirements

Becoming a licensed business broker or M&A advisor in Alaska requires meeting specific education, exam, and experience standards. This guide covers every requirement, fee, and regulatory pathway for Alaska as of 2025–2026.

License Type Required in Alaska
Real estate broker license required. Alaska business brokers operate under the Real Estate Broker License, regulated by the Alaska Real Estate Commission.

Education Requirements
  • Pre-license (salesperson): 40 hours of approved coursework
  • Broker upgrade: 10 hrs broker management coursework

Experience Required
2 years as licensed salesperson/broker.

Exam & Licensing Fees
  • Exam: PSI national + Alaska state exam
  • Application fee: $275
  • License fee: $200
  • Exam note: Must pass both portions with 75% or higher

Continuing Education
20 hours per 2 years required to maintain active Alaska broker license. Include mandatory ethics and law topics.

M&A Advisor Requirements in Alaska
Alaska does not have specific M&A advisor licensing beyond standard real estate broker requirements. For securities-related deal structuring, FINRA registration applies. The SEC M&A Broker exemption (codified in 2023 Exchange Act amendments) covers most main-street business transfer transactions.

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 Alaska
1. Complete 40 hrs pre-license coursework
2. Pass the PSI national + Alaska state exam
3. Obtain your Alaska salesperson/associate license
4. Work under a licensed broker for 2 years as licensed salesperson/broker
5. Complete 10 hrs broker management coursework and pass the broker exam
6. Pursue CBI certification via IBBA to establish market credibility