The New Brokers Exam

While attending the IAR business meetings last week, we discussed, at great length, the new broker exam and the ability to study for the new format. As of right now, AMP has released a study guide for $24.95 and "Examsmart.com" is supposed to have a practice exam ready any day, which will have a cost of $49.00 that will allow the subscriber to use the practice tests for 90 days. There are other companies working on the same, but as of this posting have not given a timeframe for release. We will keep you posted with updates as soon as they become available. In the meantime, it would be well worth the money to purchase the AMP guide or subsribe to Examsmart because the exam is nothing like you have seen before, and would be difficult to pass without these study tools. Remember, the state portion of the exam is still multiple choice, it is the national portion that has changed to a situational format. stay tuned.