IACCP exam 2024 with 100% correct answers

4 elements of "investment advice" - Answer 1. Advice about market trends 2. Advice in historical or data form 3. Advice about selecting an adviser 4. Advice about the pros and cons of securities vs. other investments What is the RAUM threshold for Registered Advisers? - Answer $150 million What is the RAUM range of a "Mid Sized adviser"? - Answer $25-100 million What two factors determine whether mid size advisers are required to register? - Answer 1. Mid size advisers have to register if the state where their principal office is located does NOT require registration. 2. If they are registered in a state that is NOT subject to a Exam by the State securities administrator. Define small adviser - Answer Advisers with $25 million or less in assets under management 3 reasons for small advisers to register with SEC - Answer 1. principal state does not require registration 2. state does not require any type of exam IARD Account - Ans