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CEO | Financial Advice Regulatory Expert | Ex-Financial Adviser - The "FASEA Guy" | Writing about entrepreneurship, lifestyle design, and quality financial advice | Subscribe ➡️ The Sensible Solopreneur
Calling out to all: * Professional Year Candidates * Eligible "Existing" Financial Advisers, and * anyone interested in sitting the March Intake of the Financial Adviser Exam. The exam booking period is NOW OPEN. ➡️ Enrollments for the exam sitting opened 19th February and CLOSE on 8 March 2024. ⬅️ You can only book to sit the exam during the booking period. Late bookings will not be accepted under any circumstances. The booking process is a little cumbersome, based on some feedback I received today, so don't leave it till the last minute - ASIC recommends you contact them no less than 5 business days before the last day of the booking period for an exam. Once you're booked in, then what do you do? So many people have reached out to me recently stating that they were overwhelmed by the exam preparation process the first time. They were overwhelmed because of the LACK of structure and support offered by ASIC or their licensee. ** PRO TIP ** Start your exam preparation early and be sure to use a well-structured exam prep program. You need to cut through the noise and only focus on the information you need to know. Feel free to reach out to me Joel Ronchi or DM if you have any questions, or want to know how best to prepare for the exam. #faseaexam #financialadviserexam #adviserexam
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CEO | Financial Advice Regulatory Expert | Ex-Financial Adviser - The "FASEA Guy" | Writing about entrepreneurship, lifestyle design, and quality financial advice | Subscribe ➡️ The Sensible Solopreneur
As the FASEA Guy who helped (literally) a couple of thousand Financial Advisers, Stockbrokers, and licensed Accountants prepare for and pass the exam, I can tell you the whole experience was stressful for many of them. It was not a test of intelligence or professional capability. It was a test of ambiguity and stress. I spoke with many advisers who failed the exam 3, 4, 5, 6, 7, or even 8 times. The lack of feedback, when they failed, from FASEA / ASIC was debilitating and destabilizing. It's great to see that sensibility is finally kicking into the overall exam structure. However, none of this changes the fact that 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝘁𝗵𝗲 𝗸𝗲𝘆 𝘁𝗼 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹𝗹𝘆 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗱𝘃𝗶𝘀𝗲𝗿 𝗘𝘅𝗮𝗺. As I wrote in an earlier post, I developed a signature “3 Pillars of Preparation” approach to sitting the exam which includes: 𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 – know the core content and be prepared to learn; not as an expert that is forever reading, but enough to be to apply the knowledge in practice. 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲 – a practice of reflection to reinforce the knowledge learned. This includes continually questioning the information, examining it, seeing how it applies to hypothetical scenarios, and what it prompts you to think. The idea is to not simply passively accept information, but rather interrogate it so it becomes learned knowledge. 𝗠𝗶𝗻𝗱𝘀𝗲𝘁 – control, persistence, & focus; know what is within your control & what is not. Research to discover insights and be mentally prepared for any obstacles or hurdles that may unexpectedly arise. If anyone has any questions about the exam or wants to talk through how to best prepare for it, please feel free to DM me. And, good luck to anyone who needs to complete the exam this year!
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CEO | Financial Advice Regulatory Expert | Ex-Financial Adviser - The "FASEA Guy" | Writing about entrepreneurship, lifestyle design, and quality financial advice | Subscribe ➡️ The Sensible Solopreneur
Do you know why most Financial Advisers and Stockbrokers failed the FASEA / ASIC Adviser Exam? Do you know why many ex-Financial Advisers & ex-Stockbrokers are reluctant to sit the exam, even though it may allow them to return to providing advice and there are no more ambiguous short-answer questions? The answers are simple - many of them were: * overwhelmed by the plethora of information issued by FASEA (& ASIC) about the structure of the exam, the curriculum, and the practice exam questions. * confused about how best to prepare for the exam as (for many) their licensees were of little or no help. * time-poor, meaning they didn't have the time to work out what to study, how best to study, and how to find suitable practice exams. * not shown how to create an effective exam technique that would allow them to quickly evaluate exam questions to determine the most appropriate answer. Do you know what the worst thing about all of this? All of these reasons for not being able to pass the exam have an easy solution. Anyone who wants to sit the ASIC Financial Adviser Exam simply needs a well-structured, coherent, and easy-to-follow exam preparation program (that includes an online practice exam). The program should focus on the key examinable areas of knowledge and provide certainty and clarity to those who undertake it. The program should provide peace of mind that any preparation will be worthwhile and not a waste of time. Want to know more or get some tips on how best to prepare for the exam? DM me Joel Ronchi or call me 0408 056 679
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Your Friendly CA State Recruiter 👋 | State Fund | Diversity, Equity, and Inclusion Council | English & Español
What are exams in the CA State hiring process?🤔 Now that you have created your CalCareers account you may be wondering the following about exams: 📕What are they? 📙When do you need to take one? 📗How hard are they? 📘How do you take one? This video by Work for California covers everything exams so you can be confident going into yours! ➡️https://lnkd.in/dU5nHKHG ✨P.S. State Fund positions typically uses T&E exams which are more like a self assessment of your skills and experience than a traditional test✨ #Work4CA #StateFundStrong #JobSeekerResource
Work4CA: What Are Exams?
https://www.youtube.com/
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Advice-only financial planner and educator passionate about changing the public perception of financial planning - bringing REAL case studies to our profession!
Our desire to belong to a group often leads us to try to exclude others from that same group. After you are invited to join, you want to preserve the sense you are special by keeping others out. I notice this during every CFP®️ exam cycle: “They should make the exam more difficult.” “The exam was more difficult when I took it.” “They should require finance-specific bachelor’s degrees.” Do you have an abundance or scarcity mindset regarding your role/designation within the industry?
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CEO | Financial Advice Regulatory Expert | Ex-Financial Adviser - The "FASEA Guy" | Writing about entrepreneurship, lifestyle design, and quality financial advice | Subscribe ➡️ The Sensible Solopreneur
As the FASEA Guy, I literally helped hundreds of Stockbrokers prepare for and pass the (FASEA) Financial Adviser exam between 2019 to 2022. I know intimately the challenges this particular cohort of advisers faced when completing the exam. The exam was meant to be "specialist agnostic" although, in reality, it wasn't - specialists like Stockbrokers and Risk-only Advisers seemed to be at a disadvantage when it came to some of the exam questions. The fact the exam may be moving to MCQs only will be a positive for all advisers - the vast majority of issues expressed by advisers who sat the exam over the years from 2019-2022 was the ambiguity of the short answer questions. By removing these short answer questions, it will remove ambiguity and unnecessary stress. Secondly, by opening up the exam to people at various stages of their financial advice careers, this too will take some of the pressure off the participants especially if passing the exam is a critical part of their Professional Year program (as is currently the case). None of these changes diminish the fact that 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝘁𝗵𝗲 𝗸𝗲𝘆 𝘁𝗼 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹𝗹𝘆 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗱𝘃𝗶𝘀𝗲𝗿 𝗘𝘅𝗮𝗺. As the FASEA Guy, I developed a signature “3 Pillars of Preparation” approach to sitting the exam which includes: �� 𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 – know the core content and be prepared to learn; not as an expert that is forever reading, but enough to be to apply the knowledge in practice. 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲 – a practice of reflection to reinforce the knowledge learned. This includes continually questioning the information, examining it, seeing how it applies to hypothetical scenarios, and what it prompts you to think. The idea is to not simply passively accept information, but rather interrogate it so it becomes learned knowledge. 𝗠𝗶𝗻𝗱𝘀𝗲𝘁 – control, persistence, & focus; know what is within your control & what is not. Research to discover insights and be mentally prepared for any obstacles or hurdles that may unexpectedly arise. If anyone has any questions about the exam or wants to talk through how to best prepare for it, please feel free to DM me. And, good luck to anyone who needs to complete the exam this year!
SIAA lobbies for further adviser exam improvements
moneymanagement.com.au
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Find out the right CPA Exam Discipline depending on your career goals in our latest article. And if you're still feeling stuck, don't worry. Only Becker lets you try all three Discipline Exam Reviews! 👉 https://loom.ly/Pr56m94
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Decisions, decisions, decisions! 🤔💡 Whether you are a CPA exam candidate, Professor mentor, or professional colleague/manager - this is a great look at the new CPA exam disciplines and how to consider each one in your decision making process. #beckercpa #cpaexam #cpaevolution
Find out the right CPA Exam Discipline depending on your career goals in our latest article. And if you're still feeling stuck, don't worry. Only Becker lets you try all three Discipline Exam Reviews! 👉 https://loom.ly/Pr56m94
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CEO | Financial Advice Regulatory Expert | Ex-Financial Adviser - The "FASEA Guy" | Writing about entrepreneurship, lifestyle design, and quality financial advice | Subscribe ➡️ The Sensible Solopreneur
One week left to register for the Financial Adviser Exam. ➡️ Enrolments close on 8th March. ⬅️ 🔥You can only book to sit the exam during the booking period. Late bookings will not be accepted under any circumstances. 🔥 🎇To make sure an exam eligibility number is issued in time for you to book the exam, you should email ASIC with the requested information no less than 5 business days before the last day of the booking period for an exam. 🎇 So ... * Are you an ex-Financial Adviser looking to re-enter the industry? * Do you have at least 10 years of professional experience, whether it's part-time or full-time? * Do you meet the definition of an "Existing Adviser" under the Professional Standards legislation? * Did you voluntarily remove yourself from the FAR so that you are still eligible to sit the ASIC Financial Adviser Exam? If the answer is "Yes" to these questions, then you may be able to avail of the Transitional Pathway back to a career in financial advice. Once you're booked in, then it's time to make sure you undertake well-structured exam preparation that cuts through the noise of what you don't need to know so you can focus on the important stuff you do need to know. https://lnkd.in/eTbtt3EC
Book to sit the exam
asic.gov.au
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Not sure which Discipline on the new CPA Exam is right for your career goals? Take our short quiz to figure it out and start making a plan for 2024: https://rebrand.ly/n4kweb9
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