Greetings and welcome to our seventh article in our Series 6 study hub.
In this article, we have 500 plus flashcards. you’ll find Series 6 flashcards categorized into the four functions tested in the Investment Company and Variable Contracts Products Representative qualification examination.
Each function has several categories of flashcard decks.
Yours is to review them as often as possible for the information to sink in.
We’ll also talk about how to use the cards effectively.
In summary, here is what we’ll talk about:
- How to use our Series 6 flashcards
- Tips to get the most out of our Series 6 flashcards
Let’s get started.
Other free series 6 study materials:
- Series 6 exam prep
- Series 6 study plan
- Series 6 study guide
- Series 6 practice exam
- Series 6 flashcards
- Series 6 cheat sheet
- Series 6 Exam FAQ
- Best Series 6 study materials
Seeks Business for the Broker dealer from Customers and Potential Customers
Seeks Business for the Broker dealer from Customers and Potential Customers deck 1
Seeks Business for the Broker dealer from Customers and Potential Customers deck 2
Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives
Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives deck 1
Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives deck 2
Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives deck 3
Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives deck 4
Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records
Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records deck 1
Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records deck 2
Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records deck 3
Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records deck 4
Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records deck 5
Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions
Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions deck 1
How to Use Our Series 6 Flashcards
When using the cards, you’ll notice a star in the top right corner.
You can click on the star to mark a card for review later.
On the bottom right are two functions: shuffle and switch front and back.
Shuffling mixes up the cards.
This is helpful because if you use the cards as they are repeatedly, the brain gets used to the order.
It won’t need to think to come up with an answer
Shuffling gets the brain to work.
The switch front and back function allow you to change the question side to the back and vice versa.
Like shuffling, it makes your brain think.
Your brain will go to work trying to find the question to the answer, unlike when you were searching for the answers.
Finally, the navigation arrows below each deck allow you to go to the previous card or move to the next one.
Tips to Get the Most Out of Our Series 6 Flashcards
Though it’s an entry-level exam, the Series 6 qualification exam requires preparation.
The Series 6 exam flashcards are one of the many study materials you’ll find helpful.
Many Series 6 exam prep courses come with flashcards, but you can also find dozens of free digital flashcards like ours.
So, how do you use them effectively for the best results?
First things first, get a Series 6 study plan and schedule your studies.
From there, review the source text to grasp the course content.
The Series 6 flashcards will only be instrumental if you already have an overview of the exam content.
The cards work best if you review them often.
Instead of waiting until it’s only a week before the exam, start using flashcards as you cover the exam topics.
Repeatedly reviewing the cards over time helps keep the information in your long-term memory.
We recommend going through the cards once a day.
The next strategy would be how you use the cards.
Most people see the questions, note in their minds that they know the answer, and flip the card before actually answering.
This is wrong.
Take the flashcard question as the Series 6 test questions.
As such, you must give the answer to each card before you flip the card over to confirm the answer.
This technique allows for active recall.
Active recall is where you remember the information yourself without using any material.
When you try to recall the answer and say it loud or even note it in your brain, it deepens your understanding.
Comparing what you had in mind with the information at the back of the card allows your mind to go to work, determine whether the information aligns, and, if not, note the knowledge gap.
Identifying the answer and comparing it with the one on the card allows for thinking.
The next time you review the card, there are high chances you’ll get the answer right.
Every so often, shuffle the questions and answers to trigger your mind further to think.
The flashcards are also great when used with practice questions.
You’ll notice some questions on the flashcards come up in the practice tests.
You can also decide to add the challenging test questions by creating additional flashcards.
It will be easier to recall the information if you frequently review the tough questions on the cards.
Finally, saying the questions and answers out loud works better.
How your brain processes the information when said loud differs from when you note it internally.
Listening to yourself reinforces the information you are learning.
Conclusion
Most Series 6 exam prep courses offer a wide range of study materials.
Series 6 exam flashcard is one of the main materials in the study packages.
Along with other resources, like the Series 6 cheatsheet, series 6 practice tests, and Series 6 study guides, learners can reach the highly coveted passing score of 70%.
Our free series 6 flashcards go hand in hand with our Series 6 exam study resources you’ll find in this study series.
We believe if you use these tools effectively, you’ll be well on your way to becoming an investment adviser.
Series 6 Flashcards Frequently Asked Questions
How much does a Series 6 license cost?
Series 6 exam costs $40. The amount is paid by your sponsoring firm, which should be a FINRA member firm or a self-regulatory organization. You’ll get the Series 6 license once you’ve passed the Series 6 and SIE exam. You must meet the continuing education requirements to maintain the license.
What can a Series 6 rep sell?
A Series 6 representative can sell the following:
– Variable life insurance
– Unit investment trusts
– Variable annuities
– Mutual funds
– Municipal fund securities
They are not allowed to sell:
– Municipal Securities
– Options
– Direct participation program
Can I take Series 6 without a sponsor?
No, you can’t. To take the Series 6 exam, you must be sponsored by a Financial Industry Regulatory Authority member firm or an SRO. The sponsoring firm files the Uniform Application for Security Industry Registration form and pays $40 for the exam. You’ll have 120 days.
How long does it take to get your Series 6?
The duration depends on whether you’ve done the SIE exam, which is a co-requisite for the Series 6 license. You can take the SIE exam before, after, or at the same time as Series 6. Once done, you register your Series 6 investment license with FINRA and an approved broker-dealer.
Who needs a Series 6 license?
Financial industry professionals interested in buying and selling variable annuities, unit investment trusts, mutual funds, and variable life insurance. Most financial industry professionals that take the Series 6 exam work as private bankers, investment advisors, financial advisors, or retirement plan specialists.
What jobs can I get with a Series 6 license?
Here is a list of jobs you can get with a Series 6 license:
– Financial Advisor/Financial Representative
– Personal Financial Representative
– Licensed Life Insurance Agent
– Financial Planning Consultant
You can climb the career ladder by gaining experience in the industry and taking other FINRA Series exams.
What is the pass rate for the Series 6 exam?
The Series 6 qualification exam pass rate is 58% for first-time test-takers. That means 42% of test-takers fail. What does that mean? Use Series 6 study materials effectively to have any chance of passing. The many Series 6 prep courses will give you the study materials you need.
Is Series 6 or 7 harder?
FINRA Series 6 exam is easier than Series 7. Series 7 exam is comprehensive, covering all types of securities, including municipal fund securities, corporate securities, investment company products, municipal bonds, options, variable contracts, and direct participation programs. The Series 6 exam covers variable life insurance, mutual funds, variable annuities, and UITs.
Is the SIE harder than Series 6?
The difficulty level of the FINRA Series 6 exam is almost the same as that of the SIE exam. The exams’ contents are straightforward, although their focus in the securities industry differs. The pass rate for Series 7 is 65%, while that for the SIE exam is 58%.
What is the Series 6 study guide?
The Series 6 study guide is a summary of the key information on the different topics tested in the exam. The guide has only the key points most likely to be tested in the exam. It makes learning easier because it reduces the content you need to cover.
What does the Series 6 exam cover?
Series 6 licensing exam covers:
– Opening and Servicing Customer Accounts
– Securities Markets, Investment Securities, and Economic Factors
– Evaluation of Customers
– Securities and Tax Regulations
– Product Information: Investment Company Securities and Variable Contracts
– Marketing, Prospecting, and Sales Presentations
What is the difference between Series 7 and Series 6?
Series 6 exam tests candidates on the four functions of an investment company and variable contract products representative. The exam has 55 questions to be completed in 90 minutes. Series 7 exam assesses test-takers on the job functions of a registered representative. The exam has 125 multiple-choice questions.
Why do you need to pass Series 6?
You must pass Series 6 together with the SIE exam to get the Investment Company and Variable Contracts Products registration. This registration allows you to buy and sell a selected number of securities products. Once you’ve earned the license, you must meet FINRA’s continuous education requirements to maintain it.
What is the Series 6 exam?
Series 6 exam is an entry-level exam in the securities industry that tests candidates on the four functions of Investment Company and Variable Contracts Products Representative. The exam has 55 multiple-choice questions. Passing this exam will require you to score at least 35 questions.
What is the Series 6 exam?
Series 6 exam is an entry-level exam in the securities industry that tests candidates on the four functions of Investment Company and Variable Contracts Products Representative. The exam has 55 multiple-choice questions. Passing this exam will require you to score at least 35 questions.
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