SERIES 7 TUTORING TIPS - SERIES 7 SUITABILITY

Series 7 Suitability is not one topic.  Instead it combines many topics into one.  In order to answer a series 7 suitability question, series 7 test takers need to know how to profile customers and make recommendations.  This means that a series 7 student needs to be familiar with the characteristics of many securities including but not limited to bonds, options, investment companies, equities, direct participation programs, variable annuities, etc.  For example, a series 7 test taker needs to know the frequency of interest payments on various debt securities.  Try the following question. If you have trouble with this question, you should consider working with a Series 7 Tutor. especially on suitability


A customer of your is interested in a bond that will pay interest on a regular basis.  You could recommend all of the following EXCEPT

A) A GE debenture maturing in 2037
B) A US Treasury note maturing in 2025
C) A CMO
D) An exchange traded note


Our related company Series 7 Exam Tutor offers series 7 suitability questions for sale.  You get 200 suitability questions plus a 41 page answer file that includes suitability content used in tutoring sessions.  To get the suitability questions, you can go to: 

http://www.series7examtutor.com/SuitabilityQuestions.html

 
If you need help with answering series 7 suitability questions, you can reach out to tutor@series7examtutor.com