Advisors4Advisors

If a NASAA Course ID number has already been assigned to the class, it could take up to 10 days to appear in your FinPro transcript. NASAA says it could take up to 30 days to review a class and assign its Course ID number. But it usually takes about two weeks to review a class. After you complete a class successfully, which includes passing an assessment for on-demand credit, Advisors4Advisors will upload IAR CRD data to FinPro the following Monday morning. FinPro usually takes two days to process the data. Thus, after a live class, don’t expect a certificate to show up for at least 30 days. Credits are submitted by Advisors4Advisors on your behalf when an ID number for an IAR CE class is received by Advisors4Advisors from NASAA.

IARs must monitor credits they've earned by logging into their FinPro account. To sign up for a FinPro account, see the User Guide and Video Tutorial by going to https://www.finra.org/registration-exams-ce/finpro to create an account Advisors4Advisors submits IAR CE rosters to the IAR CE system. We increase the frequency of uploads of CRD rosters to FINRA in the three weeks before FINRA shuts down the FinPro system in mid- to late-December every year.

Advisors4Advisors provides members with a Learning Management System (LMS), delivering CE and CPE via webinars. Each class is a NASAA-compliant TV show with required engagement activities and a scored assessment, which provides CE/CPE that financial advisors want. A4A has offered reading assignments as CE/CPE, which arguably offer a deeper, more personal, CE/CPE learning experience. Reading enables you to absorb information at your own pace, rather than at the instructor's pace in a live webinar, where you cannot stop and pause to hear what an instructor just said for a second time -- slowly. However, That's not what advisors want! Advisors want webinars. Perhaps they're brains are just attracted to learning by watching a screen instead of reading -- even if it is reading content presented on a screen. There's just one big wrinkle: NASAA does not grant IAR CE credit for merely watching webinars, unlike the CFP Board, NASBA, and IWI. NASAA requires IARs to participate in an engagement activity, such as a poll, and, more importantly, requires IARs pass a scored assessment with a grade of at least 70% to earn credit after watching a webinar. Advisors4Advisors makes that part easy.

To earn IAR CE credit, you must first update your A4A Profile to include your Investment Adviser Representative (IAR) Central Registration Depository (CRD) number. A4A submits course completion records to the FINRA-maintained CRD system within 30 days. A4A pays NASAA’s $3 recordkeeping fee per credit. It's included with membership. To earn credit after attending live classes or replaying a webinar, you must simply attend a 1-credit class for at least 50 minutes and participate in an unscored exercise, such as a poll. You will also need to pass a 10-question multiple choice assessment and score a 70% grade or higher. If you fail three assessment attempts, you must re-register and wait a day to attempt to pass assessment again, as well as the exercise. Contact us by email at: admin (at-symbol goes here) advisors4advisors.com

Yes, it does. If you are an active member of Advisors4Advisors, IAR CE is now free to you. NASAA charges A4A $3 to upload a record of how many credits you earn. A4A is eating that cost. IAR CE is free when you buy an A4A membership, which provides CFP, CIMA, and CPA credit at a 33% discount as well as AR CE at no additional cost. Hence, free. For practitioners searching for discounts on high-quality CE or CPE, A4A membership now includes free IAR CE.