What are the reasons that cause financial advisors to fail in their careers?

June 30, 2024 No Comments

A: Up to 90% of financial advisors fail in their careers and the amount of certified financial planners around the nation declines each year for reasons that include a lack of clients and proper training. Some of these failures stem from the economic problems that

How reliable are Glassdoor salaries?

June 30, 2024 No Comments

A: Information entered into Glassdoor.com is crowdsourced and unverified. While some of the salary information posted on the website may be accurate, some of it is not. Career seekers looking for specific salary information should browse several websites such as Payscale.com and the U.S. Bureau

How can I purchase stock directly from a company?

June 30, 2024 No Comments

A: There are a few circumstances in which a person can buy stock directly from a company. The following is meant to cover some of these instances, which include direct stock purchase plans, dividend reinvestment plans (DRIPs) and employee stock purchase plans (ESPPs). Direct Stock

How do I register for the CFA program for the first time?

June 30, 2024 No Comments

A: CFA Institute provides prospective CFA candidates with a couple registration options. 1) Online registration: This is the quickest and easiest method to register as CFA Institute receives your registration immediately. All you need to do is create an online user account and register for the

How does a cost-of-living adjustment (COLA) affect my salary?

June 30, 2024 No Comments

A: Some companies build salary adjustments into their compensation structures to offset the effects of inflation on their employees. Cost-of-living adjustments, or COLAs, can also refer to annual adjustments made to Social Security and Supplemental Security Income, which are generally equal to the percentage increase in the consumer price index for urban

How is marginal propensity to save calculated?

June 30, 2024 No Comments

A: Marginal propensity to save is used in Keynesian macroeconomics to quantify the relationship between changes in income and changes in savings. The marginal propensity to save is determined by calculating the change in savings and the change in household income. Calculating the Marginal Propensity

How many attempts at the series 7 test are permitted?

June 30, 2024 No Comments

A: To become an entry-level broker, one must pass the Series 7 exam, also known as the General Securities Representative Exam. The Financial Industry Regulatory Authority (FINRA) has not placed any limits on the number of times you can attempt to pass the Series 7 exam,

Are there any continuing education requirements after I pass the Series 7 examination?

June 30, 2024 No Comments

A: Yes, there are continuing education requirements after you pass the Series 7 exam. According to the Securities Industry/Regulatory Council on Continuing Education (CEC), there are two parts to the CE requirement: the regulatory element and the firm element. The Firm Element of Continuing Education

Do I have to complete all exams within a certain period of time to receive the CFA charter?

June 30, 2024 No Comments

A: According to the CFA Institute, a candidate can take as much time as necessary to complete all three levels of the chartered financial analyst (CFA) program. For example, if you passed the June 2017 CFA Level I examination, you could take the CFA Level II examination in

Do minimum wage laws make labor a fixed or variable cost?

June 30, 2024 No Comments

A: Labor is a semi-variable cost. Semi-variable costs have elements of variable costs and fixed costs. Variable costs vary with increases or decreases in production. Fixed costs remain the same whether production increases or decreases. Wages paid to workers for their regular hours are a

All Rights Reserved