Ohio Business Broker & M&A Advisor License Requirements
Becoming a licensed business broker or M&A advisor in Ohio requires meeting specific education, exam, and experience standards. This guide covers every requirement, fee, and regulatory pathway for Ohio as of 2025–2026.
License Type Required in Ohio Real estate broker license required. Ohio business brokers operate under the Real Estate Broker License, regulated by the Ohio Division of Real Estate and Professional Licensing.
Education Requirements
Pre-license (salesperson): 120 hours of approved coursework
Broker upgrade: 20 hrs broker pre-license course
Experience Required 2 years as licensed salesperson/broker.
Exam & Licensing Fees
Exam: PSI national + Ohio state exam
Application fee: $135
License fee: $100
Exam note: Ohio has a 3-year license cycle with 30 hrs CE
Continuing Education 30 hours per 3 years required to maintain active Ohio broker license. Include mandatory ethics and law topics.
M&A Advisor Requirements in Ohio Ohio (Columbus, Cleveland, Cincinnati) has a significant M&A market in manufacturing, healthcare, and financial services. Business brokerage uses the Ohio real estate broker license. Ohio Division of Securities handles securities oversight. Mid-market M&A advisors in Ohio commonly hold FINRA Series 79.
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 Ohio 1. Complete 120 hrs pre-license coursework 2. Pass the PSI national + Ohio state exam 3. Obtain your Ohio salesperson/associate license 4. Work under a licensed broker for 2 years as licensed salesperson/broker 5. Complete 20 hrs broker pre-license course and pass the broker exam 6. Pursue CBI certification via IBBA to establish market credibility