Series 65 Test Concepts Form ADV

[@tscottnevitt]

Thank you for all the content Brian! It was HUGE as I worked through the SIE, 7 and 66! 3 for 3! No way I pass without your summaries and insight. Appreciate all the time you spend putting content out that matters to us test takers!

[@testgeekexamprepllc4548]

The Triple Crown!! Congratulations!!

[@scottt8942]

Thank you Mr. Lee, very well done. It’s finally clear. Thanks again. Textbook is most definitely not clear. New subscriber.

[@danielcunningham2286]

Good video! I take the Series 66 tomorrow. This was a good breakdown of stuff in the book that they stretch out for dozens and dozens of pages. Thanks

[@danielcunningham2286]

As expected these exact questions were on the exam but they were worded in such a tricky manner that I still don't think I got it right even though I knew the material.

[@MarkUgartechea]

@@danielcunningham2286 I'm taking the 66 in 3 weeks. What were you scoring on final exams. What should I be scoring?

[@DansChessLounge]

@@MarkUgartechea Make sure you are scoring above 80% on every exam before you take the real exam. I was scoring in the 90's on everything my last week before the exam.

[@MarkUgartechea]

@@DansChessLounge Thanx for the advice man! I'll def try to up my scores I use passperfect.

[@itsVanVia]

This video was so helpful. Thank you!

[@zenaalany4807]

thank you Brian

[@testgeekexamprepllc4548]

Glad I could help!

[@nicothic]

thank you

[@testgeekexamprepllc4548]

My pleasure!!

[@miniruck]

Thanks Brian!

[@shannonlbaker]

Thank you !

[@ttrivett2000]

very very helpful! thanks

[@brianlee8730]

Your welcome!!!

[@NY10007]

Excellent; thank you.

[@josephdeng2621]

Hi Brian for series 66 do I need to remember all component of the form ADV ? Thank you

[@RobiShow]

GREAT content

[@ZERO-CAPACITANCE]

excellent

[@testgeekexamprepllc4548]

I hope it's helpful!

[@mari.ferreira.]

Brian! I have a quick question -
- i have on my notes two different days for the annual adv renewal and am a bit confused. Material changes in ADV- within 120 days of fiscal year end.
updated amended form ADV - 90 within fiscal year end.
not sure if i messed up on my notes. can you please clarify 🙏🏼

[@testgeekexamprepllc4548]

Annual disclosure brochure is required 120 days from FYE. Amendments are required w/in 90 days.

[@nicolaswilcken7532]

Thank you! A question... A person creating an IA (owner, partner) must register but, do they have to pass an advisory license exam?

[@testgeekexamprepllc4548]

nicolas wilcken They would automatically be registered as an IAR (testable) but generally would still have to take an exam (not tested).

[@nicolaswilcken7532]

My question is, can someone just create an IA without having to take a state exam (tested)? Can someone skip the 65 and just create an IA company to perform IAR businesses and hire licensed IARs? Thank you.

[@zerofungus]

My Kaplan book states ADV should be updated no later than 90 days after FYE, not 120.

[@brianlee8730]

In the Kaplan manual, section 3.10.3.1 states an updated brochure must be delivered to each client w/in 120 days of f.y.e

[@zerofungus]

@@brianlee8730 thank you. I was looking at 3.5.2 on updating the ADV. An updated ADV must be filed 90 after FYE but the disclosure brochure must be delivered to a client by 120 after FYE.

[@adrianminimal9478]

Mr. Lee what is a C.P.A please

[@testgeekexamprepllc4548]

Certified Public Accountant.

[@itsprit1234]

Is there a time when a solicitor does NOT have to register as an IAR? I thought there was an exclusion/exception in some cases here.

[@testgeekexamprepllc4548]

Under the U.S.A, in almost ever case, if you solicit business for an IA, you have to register as an IAR. That is how I would remember it for the test.