Description

Live Class, 16 hours of instruction covering 100% of NASAA outline

Topics on the Series 65/66 Exam including:

1. Economic Factors and Business Information (15% of the exam) 

• Basic Economic Concepts: Business cycles, monetary and fiscal policies, global and geopolitical factors.
• Financial Reporting: Understanding financial statements and their implications.
• Types of Risk: Understanding different types of risks, such as market risk, interest rate risk, and inflation risk.

2. Investment Vehicle Characteristics (25% of the exam) 

• Types of Investments: Fixed income, equity, and other securities.
• Valuation: Understanding how to value different investment vehicles.
• Investment Products: Cash and equivalents, fixed income securities, equities, pooled investments, derivative securities, and insurance-based products.

3. Client Investment Recommendations and Strategies (30% of the exam) 

• Types of Clients: Understanding different client profiles and their investment needs.
• Tax Considerations: Understanding the tax implications of different investment strategies.
• Portfolio Management: Developing a client profile and applying your understanding of risk, and portfolio theory.
• Financial Planning: Understanding financial planning concepts and strategies.

4. Laws, Regulations, and Guidelines (30% of the exam) 

• State and Federal Securities Acts: Understanding the laws and regulations that govern the securities industry.
• Rules and Regulations for Investment Advisers: Understanding the rules and regulations that apply to investment advisers.
• Ethical Practices: Understanding ethical standards and fiduciary obligations.
• Communication with Clients: Understanding how to communicate with clients in a professional and ethical manner.
• Compensation: Understanding different types of compensation and their implications.
• Client Funds: Understanding how to handle client funds and avoid conflicts of interest.
• Conflicts of Interest: Understanding how to identify and manage conflicts of interest.