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Unglin Business Brokers · 1:1 Mentorship

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

Kansas Business Broker & M&A Advisor License Requirements

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

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

Education Requirements
  • Pre-license (salesperson): 30 hours of approved coursework
  • Broker upgrade: 30 hrs broker pre-license coursework

Experience Required
2 years as licensed salesperson/broker.

Exam & Licensing Fees
  • Exam: PSI national + Kansas state exam
  • Application fee: $200
  • License fee: $100
  • Exam note: Relatively low hour requirement — competency supplemented by CE

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

M&A Advisor Requirements in Kansas
Kansas business brokerage is active in agriculture, oil & gas, and manufacturing sectors. Kansas Office of the Securities Commissioner regulates M&A-related securities activity. M&A advisors on transactions involving equity securities should evaluate FINRA 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 Kansas
1. Complete 30 hrs pre-license coursework
2. Pass the PSI national + Kansas state exam
3. Obtain your Kansas salesperson/associate license
4. Work under a licensed broker for 2 years as licensed salesperson/broker
5. Complete 30 hrs broker pre-license coursework and pass the broker exam
6. Pursue CBI certification via IBBA to establish market credibility