Hey mstudy I want to personally apologize to you if im asking questions that were already answered or maybe boring you on this thread. Im just another guy on here trying to PASS my 66 so I dont have to sit here and wait another month to take it over. Im not here asking someone to take the test for me. Im here to get feedback from folks who already took the test using TC and had great results. You can simply NOT READ this thread. Have a great day
lol...... MStudy- why do you always get this way? You thought I worked for TC because I was strongly encouraging people to buy TC, when I was simply trying to explain to people how great it is. Now- more people are hyping up TC because they have experience with it themselves. Aren't we supposed to state our experience to help others? It isn't our fault that TC is amazing and we want to help people pass their 66. What do you mean its very one sided?
registerme wrote:lol...... MStudy- why do you always get this way? You thought I worked for TC because I was strongly encouraging people to buy TC, when I was simply trying to explain to people how great it is. Now- more people are hyping up TC because they have experience with it themselves. Aren't we supposed to state our experience to help others? It isn't our fault that TC is amazing and we want to help people pass their 66. What do you mean its very one sided? EVERY website that has forums has that "one guy".......he's too cool for school!
It just seems odd to me that all posts about TC are enthusiastically positive while posts about other providers are not very good. LP44NYC, now if you would have said "too school for cool" I would have been okay with that. (A line in a "P!nk" song) Also, my comment was not directed at any one person. It was only an observation. I am a long time value investor so I am naturally skeptical about lots of things. I am sorry if I offended anyone. That was not my intention.
mstudy wrote:It just seems odd to me that all posts about TC are enthusiastically positive while posts about other providers are not very good. LP44NYC, now if you would have said "too school for cool" I would have been okay with that. (A line in a "P!nk" song) Also, my comment was not directed at any one person. It was only an observation. I am a long time value investor so I am naturally skeptical about lots of things. I am sorry if I offended anyone. That was not my intention. Well, I've been working on TC for about 5 weeks (probably too long actually) and I'll tell you for certain, it's 5000% better than anything else I've studied and that basically covers the entire catalog of Series 66 material out there. I've used them all.Although Tina is painfully annoying and slow, the info is great, easy to undertand and unlike all the other services, she cuts through all the non-sense. I feel like the others are afraid you will come back and say "this wasn't in there" so they throw everyting AND the kitchen sink at you. TC seems not be afraid of anything and instead they highlight (literally) what is in there. I think I definitely am in an advantage that I had a base knowledge of the material b/c I went through the other programs. But I feel confident I'm going to pass next week and that's because of TC. No ifs, ands or buts. There are definitely exact questions she has and expands on that I remember seeing on each of my prior two attempts.I'm feeling good because of this program.
I messed up. the post is below
Joe, good luck next week. I wish I could comment on their materials but I don't own any of it. All of the prep providers have access to the following content outline. http://www.nasaa.org/wp-content/uploads/2011/08/Series-66-Exam-Specification.pdf
mstudy - TC is a great program. The forum is open to anyone who disagrees as well as the ones who like it. Could it be that most everyone that uses it on this forum have had positive experiences? The only thing I can suggest to you is to try it out. Mine is for sale :)registerme - you did sound like you were working for TC. My materials are still available on ebay for $85. I am also selling the online access as well. PM me if you are interested.
Billybob- I don't work for TCMstudy- I am honestly not sure why TC has identical questions, it has nothing to do with the fact that everyone has access to the same study outline. I wish I knew WHY. I heard that Tina used to create test questions- and evidently they just haven't changed the questions since she worked there. Who knows if that is true or not- but it would make sense I guess. No idea how else to explain it. I know for a fact that STC doesn't have idential questions becuase I used their material, and while taking the exam, the format, etc was exactly like TC. I also took the class for STC and the instructor told me they aren't allowed to take the tests so you won't see anything identical, just feedback they get from students and if a student happens to remember a question word for word, you may see a couple identical questions.
Well, I took the 66 last week and I’m very happy to say that I passed with an 83%! I had failed the 65 three times with (using Kaplan for the first two attempts and FIRE Solutions for the third), it really seems that Training Consultants made the difference. For those struggling, I would definitely suggest Training Consultants and I would just encourage them to hang in there!
These exams are simply bizarre. The previous times I’ve failed, it’s always been within 1-3 points. People have asked about how similar the practice questions are to the real thing, honestly, I think I saw the most similar questions with FIRE Solutions. On that third attempt I felt the most confident, I encountered the fewest surprises and yet I scored a 69%. Why that is I have no idea.
As I think was mentioned elsewhere in this forum, the difficulty level of the exam is in a bell curve. The first and last 25% of the exam are fairly easy with many questions similar to what you'll see in TC practice tests. The middle 50% gets incredibly difficult. There were many questions where you could make the case for more than one answer and were forced to guess. There were a number of questions I had never seen anywhere before. Whereas I felt clearly over confident on my third attempt, this time I felt certain I didn’t pass and was shocked when I scored an 83% In saying all of this I guess my advice is just not to get psyched out. The exam forces you to guess many times, you have to just hang in there and stay focused.
One of the most helpful aspects to the Training Consultants practice tests is that in their practice tests they perfectly simulate the real testing environment...The look and feel is the same complete with the stop watch showing remaining time. I feel like this helped me to better manage my time than in previous attempts. Some questions you have to simply make a choice and move on. I’ll also say that TC (and FIRE Solutions as well for that matter), are incredibly responsive to answering questions, I would usually hear back in less than 24 hours.
Sadly, I feel like I don’t remember a lot of questions that I could report....I think TC’s chapter weightings were on target... I did encounter a couple of IPS questions from Retirement Planning...Some basic Options questions... Obviously know the USA inside and out... Know when you're NOT considered an Agent when representing an Issuer. I was scoring in the high 80's in the TC practice exams, if I wasn't under tight time constraints, I would have waited until scoring in the 90‘s. It is a very hard test.
Good luck everyone!
I have testing / study materials for sale at discount on eBay.Series 7, Series 65 & 66.Just type the exam name in the search bar.Booyah.
Let me just add, I am using FIRE Solutions and I hate it. I will be supplimenting with Kapplan qbank and prayers.
dg6525- for the 66 get Training Consultants...... I used Kaplan, STC, and Training Consultants. I would have been just fine with Training Consultants alone.
Thats what im doing as well. I started with STC. I dont know not a big fan for some reason. I must say i did use STC for the 7 and 63 and passed them both on first try. But that was years ago. So i read the kaplan book, started doing practice tests. Im also using TC just took the random final and got an 89 on first attempt. Im hoping I pass this 66 next week.
Any thoughts on which is easier...the 66 or the 65? I have the 63 so I have the option of either the 66 or 65. I am currently studying for the 7 and after I finish that, I can take either exam. Most people say that they are about equal in difficulty but wanted to see if one might be a bit easier than the other? Also, will studying for the 7 help with one more than the other? Thanks.
I have a few thoughts on this issue. First, studying for the 7 will probably help you more for the 65 than the 66. The 65 is about 70% investment/economics and 30% laws/regulations, whereas the the 66 is 50% investment/economics and 50% laws/regulations. The score to pass the 66 is 75% pass rate while the 65 has a 72% passing score. The easier one partly depends on what you are better at: investment oriented topics or regulations
Mstudy...thanks for the response. That's good feedback. I am already scheduled to take the Series 66 virtual class with STC and already have the study materials for the 66 (I am only using STC b/c that's what my company provides). I may, on my own dollar, buy the Series 66 training materials from TC since everyone seems to speak so highly of them.
Here's a question for all the folks that used TC...should I purchase just the online exam center or should I pay the extra money and get the whole online course package for the extra $125. If the online exams are all I need, then I'd rather just go that route...thoughts?? Thanks!!
@banker95, I think you'd be fine with just the exmas, as long as you are using something else to study for the 66 (which you said you have the virtual STC class). I mean, as long as you are doing semi- decent once you start the exams, but if you are taking the TC exams and getting anything lower than 65%, I'd say you should probably get their material because the STC material evidently then, didn't help you enough. STC goes into a lot more detail then TC and that is where the conflict is. So, I'd say you would be fine just with the TC tests, but if you start taking the tests and are scoring low, you should probably get the TC material so you can break down what you aren't understanding. They explain things a LOT easier than STC. You can get it using STC, it just takes a lot more effort.
thanks for the response registerme.
I passed the 7 today and now will begin my prep for the 66. How long do most people study for the 66 after passing the 7. I am scheduled to take the 66 on June 22nd (is 3 weeks enough time to prepare??). Can someone tell me, how was the level of difficulty compared to the 7? I studied for about 8 weeks for the 7. For those that recently took the 66, what advice do you have? Thanks!!
Congrats banker95. There is alot of overlap between the 7 and 66, mostly on the investment side. If you don't have the 63 yet, you probably spend the majority of your time studing the Uniform Securities Act and related content.
It's amazing how difficult it is to find any information about the 65, 66, 7. Does anyone know of any published data of the pass/fail rate of these exams?Thanks!
Swinge wrote:It's amazing how difficult it is to find any information about the 65, 66, 7. Does anyone know of any published data of the pass/fail rate of these exams?Thanks! The last thing I saw (and I can't remember where I read it) was something like 45% fail for the 7, 52% for the 66. I don't remember seeing any info on the 65 although I know more people who have first time passed the 65 than the 66. The 66 has just become a beast.
JoeBull wrote:Swinge wrote:It's amazing how difficult it is to find any information about the 65, 66, 7. Does anyone know of any published data of the pass/fail rate of these exams?Thanks!The last thing I saw (and I can't remember where I read it) was something like 45% fail for the 7, 52% for the 66. I don't remember seeing any info on the 65 although I know more people who have first time passed the 65 than the 66. The 66 has just become a beast. Thanks Joe! The 7 is next for me. It's been good to hear that it's at least a more straight forward exam. Even better if the passing rates are higher. It's just shocking that neither FINRA or NASAA release any kind of pass rate info.
Took the 66 today. Used TC for the entire 3 weeks of studying, I found the exam to be more difficult than everyone was saying even using TC. I did score a 78 so I am happy. I only purchased the online tests for 100.00 well worth it. I did see about 20 questions word for word from TC. Other questions you just needed to read carefully and use process of elimination. I was surprised as there were about 8 questions on annuities. Good Luck to all!
I am currently studying for the S-66 and take the test in approx 2-3 weeks. My job provided me with the STC materials (book and online exams) but after reading this message board I decided to purchase the materials from TC (I purchased the complete online course with book, tests, etc.). So far, I have been using TC on weekends and at night after work. During the day, I study the STC material via the Q&A exams on my lunch hour. I notice that I definately like the flow of the TC better, although I like using the Q&A format from STC so I receive immediate feedback and don't have to wait until the end to find out the answers & explanations. I tend to score about 10-12 pts higher on TC but more importantly, I notice that the test questions each training company focuses on are a bit different. From all those people who used either STC or TC, how realistic was the actual test vs the stuff each company had us focus on during our studies? Most people say TC is very close but some of the questions still had "NASD" on there instead of FINRA...that changed 5 years ago so my concern is that TC is not exactly updated? As for STC, I used them for the S-7 and I passed and actually scored pretty well on that one but I know the 66 is a totally different exam. Any thoughts or comments from anyone that used TC or STC? Anyone out there use both and can compare the prep each training company provides vs the real exam?? Should I scrap STC and go exclusively with TC (or vice-versa)? Since my exam is right around the corner any feedback is appreciated. Thanks!!
I've used both. If you're doing well on the TC exams you'll do well on the real thing. Simple as that.
So far I've taken 3 of the "Random Finals" on TC and got an 83, 81 and 93. I've also done all of the chapter questions. The only thing left are "Standard Finals" 1 thru 5. Before I start those, can someone tell me if I can take them multiple times of just once?
You can take the standard finals on TC as many times as you want. When is your exam?
I was going to test a week from tomorrow (Monday) but now I am thinking I will be good to go this coming Friday (which is in 5 days) so I don't have to stress over it another weekend. I just want to make sure the TC material and more importantly, the TC practice tests, are truly preparing me and not giving me false confidence.
I was provided with STC material as well, but purchased the practice tests from TC for peace of mind. I was scoring in the 84-90 range on all ten of the practice STC exams by the second time around. Since I haven't taken the exam, I don't know which provider will model the real thing better, but TC allows me to find "holes" in my knowledge. I think TC explains things A LOT easier and I am almost exclusively using it now.
I am going to pipe in my 5 cents worth for Training Consultants. I will start by saying I do NOT work for TC, I am not affliated with TC and I am not being compensated for my comments. My comments are strictly to share my experience. I have spent the past 4-6 months buying and taking the KAPLAN review class/studying and FAILED the Series 66, I then bought and went to the STC class only to FAIL again. I have a very good friend that was also studying and he did research after starting with KEIR and being overwhelmed found TC (many thanks to a lot of the commentary on here). He told me it will be the best $230 you spend, the book is streamlined, not overwhelming and Tina (your online video guide) breakes the information down into simple, easy to understand material. Everything she said to checkmark/highlight I did and made flashcards. Well, I was sceptic I will admit...HOWEVER I am here to tell you that I took the Series 66 on Saturday and I PASSED with an 84! I swear by TC for giving me the right tools and information to prepare me to pass the Series 66. As others have commented I too saw questions that were almost exact on the exam from the practice exams. For $230 I promise you will NOT regret spending the money!!!
I couldn't agree more Kmn! In my earlier posts I go through my history, failing multiple times with Kaplan and FIRE before passing with TC.
It points to the obvious point that the 65 & 66 are horribly designed tests. I would really love to see statistics on both exams, what the exact pass rates are... It seems crazy that among test prep services, there's not some independent body that vets the accuracy of their materials.
I'll be taking the Series 7 in the fall. From what I've read it seems that it's at least a more straightforward exam than the 65 / 66. What are test prep services have people had the best luck with?
Kmn1969 wrote:I am going to pipe in my 5 cents worth for Training Consultants. I will start by saying I do NOT work for TC, I am not affliated with TC and I am not being compensated for my comments. My comments are strictly to share my experience. I have spent the past 4-6 months buying and taking the KAPLAN review class/studying and FAILED the Series 66, I then bought and went to the STC class only to FAIL again. I have a very good friend that was also studying and he did research after starting with KEIR and being overwhelmed found TC (many thanks to a lot of the commentary on here). He told me it will be the best $230 you spend, the book is streamlined, not overwhelming and Tina (your online video guide) breakes the information down into simple, easy to understand material. Everything she said to checkmark/highlight I did and made flashcards. Well, I was sceptic I will admit...HOWEVER I am here to tell you that I took the Series 66 on Saturday and I PASSED with an 84! I swear by TC for giving me the right tools and information to prepare me to pass the Series 66. As others have commented I too saw questions that were almost exact on the exam from the practice exams. For $230 I promise you will NOT regret spending the money!!!
STC is what I used for the 7. STC is very similar to the real exam. Best of luck.
Thank you very much Swinge... Im still riding the high from passing the 66! I used STC in Chicago in 2000 and they were good for the 7 class prep. I understand now you need a 72% to pass the seven ANC more material has been added. Oh yes I forgot to mention the bonus I received in passing. I'm due for my series 7 continuing Ed...lol
Kmn1969 wrote:Thank you very much Swinge... Im still riding the high from passing the 66! I used STC in Chicago in 2000 and they were good for the 7 class prep. I understand now you need a 72% to pass the seven ANC more material has been added. Oh yes I forgot to mention the bonus I received in passing. I'm due for my series 7 continuing Ed...lol
That's great! Thanks Kmn!
So I think I'm finally going to take my 66 again on Monday. I was in a rush at first but decided to take my time, get through all the TC material and go about the program the way they suggest. I feel good but of course because this is try #3, I have that nervousness in my stomach. Question for you TC users, it seems most of us that have found TC are taking the test for the 2nd or 3rd time. How much of your success do you think is attributed to TC vs. just your overall familiarity with the material? I have noticed there are definitely things TC glances over that I remember being on the test. (volatility being the main omission). I'm scoring in the mid 80's on my finals. But my brain is definitely questioning my readiness. Any thoughts?
Passed the 66 today with an 83%. Here was my breakdown:
Economic Factors: 4/5
Investment Vehicle Characteristics: 13/15
Client Investment Recommendations: 24/30
Laws and Regulations: 42/50
Well I sat for the 66 today and did not have a positive outcome. in fact, I scored lower than on all of my practice exams. Not feeling real good about it as of this moment. However, I will have one more chance to take it before my employer says thanks but no thanks. My colleague also was unsuccessful today on it as well. The firm appears to not be a big fan of FIRE for this as multiple people have not had success using them for the 66. I really don't feel like outlaying $125.00 for TC but I may have too. I scored well on the investment part of the tests, but laid an egg on the rules and regs. and at the end of the day that's what his test is for. I am considering sitting for my 65 as I have that option but am not sure if this would be a wise move given the amount of time I have put in to the 66. Thoughts? Sorry if this was discussed earlier.
DG, I think it all depends on your timing. The 65 is the same test just with a 30 S7 style questions added on. The reality is you could study for that for two weeks and if you fail only have two more weeks to go to sit for your 66 again. That was my original plan until getting my TC material and deciding to pace myself rather than race through. If for some reason the unexpected occurs this time, the 65 is still an option.
DG...sorry to hear about your 66 exam. I sat for the exam today too and passed (actually got an 85 which surprised me). I used TC and thought they were good. I also had STC through my employer. STC was not good EXCEPT for the May 2012 addendum which had 110 practice questions and explanations which mirror TC. Maybe they have finally caught on that TC is eating their lunch and decided to implement an addendum with more pertinent study questions. Apparently, they have now integrated them into the tests in the June edition but I liked having it in a separate document since I had the May edition. Here's what I would say: Invest the $125 in TC, especially if your job depends on it. Like you, I was in the same boat, I could have taken either the 66 or 65 and struggled with that decision. I ultimately opted for the 66. If I was unsuccessful on the 66, then I was going to sit for the 65 AS LONG AS it wouldn't count towards the # of chances I get to pass. Like you, I had 2 chances and then I was done. So if you can take the 65 with no risk, then try it. I would recommend TC though, they kept it short and simple BUT they do NOT cover EVERYTHING. There were definately some questions on that test that TC did not go over. I think in TC's effort to keep it simple, they leave out some stuff but in the end, they cover 85-90% of it which gives you a solid chance of successfully passing the exam. Again, really sorry to hear about your exam...hang in there and good luck!!
Here are my two cents. It is always helpful to have material from more than one provider. For example, If you have STC, why not supplement it with TC? You have nothing to lose except for a few bucks and everything to gain. If it helps you pass, just think of all the time you will save by not having to study for the test again. I have not seen the materials but TC's condensed version sounds like a good idea to me, especially for the regulatory sections. The investment topics on the 65 or 66 on not any more difficult than those on the series 7 exam. In fact, there is quite a bit of overlap.
I used this forum as the basis for purchasing the TC test bank to supplement my Fire Solutions material for the 66. So, to hopefully help others I wanted to let everyone know my thoughts on TC for the 66.
I just got home from taking the 66 this morning and passed with an 88!! For the past 2 weeks I used the TC test bank exclusively to study for the test. I have to agree with everyone on here, TC is THE best option for the 66. I saw at least 30-40 questions on the actual exam that were EXACTLY WORD FOR WORD the same as on the TC test bank. I KNEW I had passed when I hit submit for the actual test.
All you need to pass the 66 is the TC test bank! I am a TC convert! Thank you to everyone who was willing to take the time to help test takers by giving this great advice!
And Thank You Training Consultants for providing such an accurate and well prepared test bank!
Whats up everybody!
I have two study guides for sale for CHEAP on ebay. I do not come here often so please view them at my ebay user name "easymac135" or search STC Series 7 or STC Series 66
1. STC Series 7, 2012, 40th edition complete with 13 printed exams.
1. STC Series 66, 2012, 40th editin with printed exams
I'm using the STC book for the Series 66. Seems like a lot of people are loving the TC simply because of similar questions. I used STC for the Series 7 and scored a 92% and there were almost no similar questions. In my opinion I would rather learn the material to pass rather than remember questions to pass. After all, this is material that will help with your profession and possibly keep you out of jail.
It's pretty easy to stay out of jail. Don't cheat and do the right thing. If it feels a little shady, it is. If you work for a wirehouse, they pretty much take care your reg requirements anyway. The only material that applies directly to me and my every day job on the 66 is the Client Investment Recommendation section and the Investment Vehicle Characteristics. I was 44 out of 45 on those two sections. Where TC helps is the Laws, Regs and Guidelines sections. These are the questions where you can know the material cold but that's not what they test. They test your ability to read the question and work through all their double and triple negatives. I can tell you with absolute certainty, I've been in wealth management for 10 years and a client has never asked me to come up with a solution based on a triple negative.
I agree with you. The objective should be to learn the materials. To pass the the series 66 exam or any exam, you have to work hard at learning the materials.
I just took the 66 this morning (first attempt) and passed with a 76%! So....real close. I used the STC material and found it was not bad. I heard that TC is much better and STC sucks, but I guess STC upped its game, because the info was pretty useful. I had the latest edition, the 43rd edition and there was a handful of questions that were identical to the practice tests. My advice for the 66, do the practice tests and make sure you are getting mid 80s. Dont worry about calculations and make sure you know whats exempt, whats nonexempt. They say the 66 is half law and regulations, but it mostly seemed like all suitability questions to me. I thought the 7 was harder.
One other thing I noticed about the 66 is the questions are not more difficult really, but the answers are more difficult to pick. What I mean by that is, during the practice tests, the answers are pretty clear, but on the test, there are maybe 2 or 3 answers that seem like the right answer. You have to end up guessing basically. Several times after I read a question I thought to myself "I know this answer" then when I read through the answers I was not sure which exact answer to pick. Tricky, tricky.
I take the 66 next week...I've studied using STC material a minimum of 20 hours/week for the last four weeks. I've been getting 70s and low 80s on the second go around of practice exams, but just scored a mere 66 on the Greenlight 2 exam this morning. Can't be more discouraged and frustrated.
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