Nevada Business Broker & M&A Advisor License Requirements
Becoming a licensed business broker or M&A advisor in Nevada requires meeting specific education, exam, and experience standards. This guide covers every requirement, fee, and regulatory pathway for Nevada as of 2025–2026.
License Type Required in Nevada Real estate broker license required. Nevada business brokers operate under the Real Estate Broker License, regulated by the Nevada Real Estate Division (NRED).
Education Requirements
Pre-license (salesperson): 120 hours of approved coursework
Broker upgrade: 64 hrs broker pre-license course
Experience Required 2 years as licensed salesperson/broker.
Exam & Licensing Fees
Exam: PSI national + Nevada state exam
Application fee: $125
License fee: $100
Exam note: Nevada has a 4-year license cycle with 24 hrs CE
Continuing Education 24 hours per 4 years required to maintain active Nevada broker license. Include mandatory ethics and law topics.
M&A Advisor Requirements in Nevada Nevada (Las Vegas) has active hospitality, gaming, and cannabis industry M&A markets. Nevada Secretary of State's Securities Division oversees M&A-related securities activity. Nevada also has favorable LLC and corporate law that makes it popular for M&A structuring. FINRA Series 79 applies for equity and securities-related 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 Nevada 1. Complete 120 hrs pre-license coursework 2. Pass the PSI national + Nevada state exam 3. Obtain your Nevada salesperson/associate license 4. Work under a licensed broker for 2 years as licensed salesperson/broker 5. Complete 64 hrs broker pre-license course and pass the broker exam 6. Pursue CBI certification via IBBA to establish market credibility