In taking the 66 & 7 I was shocked at how so many testing companies seemed to have zero idea of what was actually being tested. I failed a number of times before signing up with Training Consultants. Using their materials I passed easily. Seems the issue is that no testing company actually has their materials independently evaluated for accuracy.
Seems the same thing is true for the CFP. A few questions:
What programs have folks had success with (Zahn, Kier, Kaplan, etc) ?
This website is so far the only place where I've seen candid discussion about the industry. Any other favorite links folks have?
Is there any resource that evaluates test prep programs? Would love to see pass stats from all the companies.
Thanks in advance for any help!
By the way, all exam prep companies have access to the same NASAA/FINRA content outlines. Are you are suggesting that the prep companies should have the exact questions that appear on the test? If you are, FINRA and NASAA probably would not like that.
No, of course not. But those outlines you're referring to are incredibly broad. Most of the feedback I've received is that the CFP exam is incredibly difficult. There is a mountain of material to cover.
In prepping for the Series 66 as an example, I was shocked when I went through two test prep courses that covered only about 40% of what I actually saw in the exam. I just can't believe there doesn't seem to be any vetting process. Virtually anyone could run a test prep program out of their garage. Had I not seen the 66,7 reviews on this website I honestly don't know if I would have passed.
So what are people's favorite CFP courses?
I don't think the CFP exams are as difficult as you are suggesting. I have not taken the CFP exams but I have seen an overview of the topics. I do agree that there is a lot of information to absorb. I think there is another thread on this forum that that has comments about CFP courses.