{"product_id":"series-65-study-guide-2027-2028","title":"Series 65 Exam Study Guide 2027–2028 | Uniform Investment Adviser Law Exam Prep, 200 Practice Questions (PDF)","description":"\u003cp\u003ePrepare for the Series 65, the NASAA Uniform Investment Adviser Law Examination, with a complete study guide organized by the four sections of the current Series 65 content outline. Every section teaches the reasoning the exam rewards: how the economy and markets affect a client's portfolio, which product or strategy fits the client in front of you, and what the Uniform Securities Act, the Investment Advisers Act and NASAA's rules allow an adviser to do.\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat's Inside\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e• Exam overview: format, scoring, results, retakes, enrollment and how the guide's 12 sections map to the four outline sections\u003c\/p\u003e\n\u003cp\u003e• Economic Factors and Business Information: business cycle, monetary and fiscal policy, inflation and the yield curve, financial statements, ratios, time value of money, statistics, Sharpe ratio and types of risk\u003c\/p\u003e\n\u003cp\u003e• Investment Vehicle Characteristics: cash equivalents, Treasury, agency, municipal and corporate bonds, yields and duration, equities and valuation, offerings, mutual funds, ETFs, UITs, REITs, options, futures, alternatives, annuities and life insurance\u003c\/p\u003e\n\u003cp\u003e• Client Investment Recommendations and Strategies: client profiles, capital market theory, portfolio management, taxation, retirement plans, ERISA, education and health accounts, ownership and estate planning, trading and performance measurement\u003c\/p\u003e\n\u003cp\u003e• Laws, Regulations, and Guidelines, Including Prohibition on Unethical Business Practices: investment adviser and IAR registration, federal covered advisers, broker-dealers and agents, securities and exemptions, the Administrator's powers, civil liability, communications, custody, fiduciary duty and unethical practices\u003c\/p\u003e\n\u003cp\u003e• Worked calculations: current yield, taxable-equivalent yield, Sharpe ratio, CAPM, NPV and present value, dividend discount model, NAV and offering price, margin equity, cost basis and holding-period return\u003c\/p\u003e\n\u003cp\u003e• Visuals of the outline weights, the business cycle, yield curve shapes, the efficient frontier and the SEC-or-state registration decision, plus 135 quick-reference tables\u003c\/p\u003e\n\u003cp\u003e• Exam Tips, Common Traps, Memory Aids and Practice Scenarios in every chapter\u003c\/p\u003e\n\u003cp\u003e• Study schedules, FAQs and test-taking strategies\u003c\/p\u003e\n\u003cp\u003e• 2 practice tests of 100 questions each (200 questions total), four options per question, weighted like the four outline sections, with a complete answer key and an explanation for every question\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e• Instant digital download (PDF), 8.5 × 11 in\u003c\/p\u003e\n\u003cp\u003e• Clickable table of contents\u003c\/p\u003e\n\u003cp\u003e• Print it or study on a tablet, laptop or phone\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003ePlease note: This is a digital product. No physical item will be shipped.\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003eThis is an independent study resource and is not affiliated with or endorsed by the North American Securities Administrators Association (NASAA) or FINRA.\u003c\/p\u003e","brand":"Test Treasure Publication","offers":[{"title":"Default Title","offer_id":67976887533870,"sku":null,"price":19.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0745\/5997\/9822\/files\/Etsy_Cover_1_Hero_1a5c3e5a-5485-437a-9518-3aed00f99ae1.png?v=1794226789","url":"https:\/\/testtreasure.com\/products\/series-65-study-guide-2027-2028","provider":"Test Treasure Publication","version":"1.0","type":"link"}