『Open Exam Prep』のカバーアート

Open Exam Prep

Open Exam Prep

著者： Ran Chen EA CFP®
無料で聴く

Open Exam Prep: Mastering Financial Exams The path to becoming a certified financial professional is known for its difficulty, and finding high-quality, accessible study material shouldn't be the hardest part. Created by Ran Chen—an AI application enthusiast, Financial Advisor, and holder of the EA (Tax), Life Insurance, Series 6/63/65, and CFP® designations—this podcast was born from personal experience. Having navigated these challenging exams himself, Ran realized the need for better resources and created Open Exam Prep as a free solution for aspiring professionals. Each episode breaks down complex major exam topics into clear, digestible lessons, covering everything from tax planning and estate strategies to retirement solutions and investment principles. Whether you’re studying during your commute, workout, or downtime, we are here to guide you—one question, one topic, one victory at a time. Visit for more content: https://open-exam-prep.com/Copyright 2026 Ran Chen, EA, CFP® 教育 日次
エピソード
  • Series 7 Exam Prep 37, Mutual Fund Share Classes and Sales Charges

    Series 7 Exam Prep 37, Mutual Fund Share Classes and Sales Charges
    2026/07/14
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Class A shares are for long-term investors with large investment amounts due to front-end loads and breakpoint discounts. - Class B shares are suitable for long-term investors with smaller investment amounts, featuring a back-end load (CDSC) that declines over time. - Class C shares are best for short-term investors because of their ongoing high 12b-1 fees, despite having little or no front-end load. - How to use a Letter of Intent (LOI) or Rights of Accumulation (ROA) to help clients qualify for breakpoint discounts on Class A shares. - The importance of comparing the total costs of each share class over a client's specific investment time horizon to determine suitability. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    続きを読む 一部表示
    3 分
  • Series 7 Exam Prep 36, Mutual Fund Structure and NAV

    Series 7 Exam Prep 36, Mutual Fund Structure and NAV
    2026/07/13
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Open-end mutual funds continuously issue and redeem shares directly with investors. - All mutual fund orders are subject to the forward pricing rule, executing at the Net Asset Value (NAV) calculated after the order is received, typically at the 4:00 PM market close. - Investors buy load fund shares at the Public Offering Price (POP), which is the NAV plus a sales charge, and redeem their shares at NAV. - The prospectus must be delivered to investors at or before the sale, while the more detailed Statement of Additional Information (SAI) is available only upon request. - Mutual funds cannot be traded intraday because their price is set only once per day, unlike exchange-traded closed-end funds or stocks. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    続きを読む 一部表示
    3 分
  • Series 7 Exam Prep 35, Alternative Investments and Hedge Funds

    Series 7 Exam Prep 35, Alternative Investments and Hedge Funds
    2026/07/12
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The specific income and net worth thresholds that define accredited investors and qualified purchasers for the Series 7 exam. - How lock-up periods create liquidity risk in alternative investments and why this makes them unsuitable for investors with short-term needs. - The mechanics of the "two and twenty" fee structure in hedge funds and how it impacts suitability. - The high-risk strategies like leverage and short selling employed by hedge funds and their exam implications. - A mnemonic to quickly assess the suitability of alternative investments for a client based on their risk tolerance, sophistication, net worth, and time horizon. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
    続きを読む 一部表示
    4 分
adbl_web_anon_alc_button_suppression_t1
まだレビューはありません