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Last Update : December 20, 2024
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Exam Question Provider : FINRA
Certification Exam Name : Investment Company and Variable Contracts Products Representative,
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Earning the prestigious Investment Company and Variable Contracts Products Representative Qualification Examination (IR) certification from FINRA significantly boosts your marketability and opens doors to exciting opportunities. Achieving this recognized credential expands your career options and increases your earning potential. ExamPrince practice tests provide the most efficient way to prepare for and pass your Investment Company and Variable Contracts Products Representative Qualification Examination (IR) exam on the first try.
To earn the Investment Company and Variable Contracts Products Representative Qualification Examination (IR) certification, you'll need to pass the relevant exam offered by FINRA.
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The FINRA Series-6 Exam, also known as the Investment Company and Variable Contracts Products Representative Qualification Examination (IR), evaluates the knowledge and skills of individuals who wish to sell mutual funds, variable annuities, and insurance premiums.
The FINRA Series-6 (Investment Company and Variable Contracts Products Representative Qualification Examination (IR)) Exam is a regulatory exam administered by the Financial Industry Regulatory Authority (FINRA). It is designed to assess the competency of entry-level representatives to perform their job as an investment company and variable contracts products representative.
The FINRA Series-6 Exam consists of 50 multiple-choice questions.
The passing score for the FINRA Series-6 Exam is 70%.
The competency level required for the FINRA Series-6 Exam is entry-level.
The question format of the FINRA Series-6 Exam is multiple-choice.
The FINRA Series-6 Exam can be taken at a Prometric testing center or through an online testing option provided by Prometric.
The FINRA Series-6 Exam is offered in English.
The cost of the FINRA Series-6 Exam is $40.
The target audience of the FINRA Series-6 Exam includes individuals who want to become licensed to sell mutual funds, variable annuities, and insurance premiums.
The average salary of a FINRA Series-6 certified professional varies widely depending on the role and location but generally ranges from $40,000 to $70,000 annually.
The testing providers for the FINRA Series-6 Exam are Prometric testing centers and Prometric's online testing platform.
The recommended experience for the FINRA Series-6 Exam includes having a basic understanding of investment products and the securities industry.
There are no formal prerequisites for the FINRA Series-6 Exam, but individuals must be sponsored by a FINRA member firm or a self-regulatory organization (SRO).
There is currently no expected retirement date for the FINRA Series-6 Exam.
The roadmap/track for the FINRA Series-6 Exam typically involves passing the exam to become qualified to sell specific investment products. Individuals may then pursue additional certifications or licenses, such as the Series 7, to expand their qualifications.
The FINRA Series-6 Exam covers topics such as regulatory fundamentals and business development, evaluating customers' financial information, investment company and variable contracts products, and ethics and professional conduct.
Sample questions for the FINRA Series-6 Exam can be found on FINRA's official website or through various exam preparation resources.
The difficulty level of the FINRA Series-6 Exam is considered moderate, suitable for entry-level professionals with adequate preparation.
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