Ameriprise Financial Preferred Courses

Why this package?

• You are Dually Registered
• You are in Compliance with Regulatory Element CE
• You need 6-Hours of Ethics Training

• Estimated time to complete:  50 minutes
• Required score on assessment: 70%
• Attempts permitted on assessment: 3 Attempts
• Optional survey included

This course will examine the importance of investment advisers establishing a code of ethics by which the firm and its associated persons must follow. Through the use of multiple case studies, readers will gain an understanding of key terms used in the code of ethics as well as the standards and provisions that are required to be included by investment advisers. In addition, other concepts addressed in an adviser’s code of ethics will be reviewed, including private securities transactions, outside business activities, and personal trading.

• Estimated time to complete:  50 minutes
• Required score on assessment: 70%
• Attempts permitted on assessment: 3 Attempts
• Optional survey included

Since IRAs are such a popular vehicle for retirement savings and are used by both high and low-income individuals, this course will introduce some of the ethical considerations of managing individual retirement accounts. Background information is provided to ensure that readers understand where IRAs fit in a broader legal and historical context. The different types of IRAs are introduced and explained, including traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs. Given the importance of IRAs to clients, the fiduciary rules and ethical requirements for financial services professionals will be described. Finally, other laws and regulations that investment advisers must follow to fulfill their ethical duties are reviewed.

• Estimated time to complete:  50 minutes
• Required score on assessment: 70%
• Attempts permitted on assessment: 3 Attempts
• Optional survey included

This course will review how the rules regarding investment adviser advertising have evolved over time and will also introduce the SEC’s Marketing Rule. Additionally, since many firms are dually registered as both investment advisers and broker-dealers, FINRA’s rules regarding communication with the public will be explained. After examining the different terms and concepts related to advertising, multiple case studies will be provided to increase understanding. Also, an analysis of the SEC’s “principles-based” approach in setting standards for adviser advertising will be provided. Finally, the rules and regulations regarding the use of social media, digital communications, and mobile apps by advisers and their associated persons will be explored.

• Estimated time to complete:  50 minutes
• Required score on assessment: 70%
• Attempts permitted on assessment: 3 Attempts
• Optional survey included

In simple terms, “market manipulation” refers to intentional conduct that’s designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can take many forms, including front running, wash sales (matched order), piggybacking, and insider trading. This course will define each form and provide case studies to increase a person’s understanding of the issues involved. With an emphasis on insider trading, the different requirements that apply to broker-dealers and investment advisers will be explored. This includes the Disclose or Abstain Rule and the Misappropriation Theory for broker-dealers and the code of ethics and filing of holdings and transaction reports for investment advisers.

• Estimated time to complete:  50 minutes
• Required score on assessment: 70%
• Attempts permitted on assessment: 3 Attempts
• Optional survey included

This course provides an explanation of wrap fee programs, their history, as well as the different types of wrap programs. Since the requirement to provide clients with disclosure is so important, each item listed under the wrap fee brochure (Form ADV Part 2A - Appendix 1) will be examined by highlighting different issues that each topic brings and what needs to be disclosed. FINRA’s views on advisory fees and the approach that state-registered advisers must take based on the Brochure Rule for Investment Advisers Model Rule will also be described. Finally, attention will be paid to the major emphasis that all regulators have placed on performing a suitability determination before recommending a wrap fee account to clients.

• Estimated time to complete:  50 minutes
• Required score on assessment: 70%
• Attempts permitted on assessment: 3 Attempts
• Optional survey included

This course will review some modern complex investment products. The products examined are equity and debt securities, including structured products, floating rate notes, asset-backed securities, and exchange-traded products. Since many of these products can be risky and difficult to understand, attention is paid to the fiduciary role assumed by investment advisers and their representatives. Additionally, many of the relevant laws, regulations, and ethical requirements for advisers that recommend complex investments will be analyzed.