Series 24: Individual Accounts

Taken from our Series 24 Online Guide

Individual Accounts

Most accounts will be opened by individuals and will be plain vanilla accounts. Individuals must fill out a new account form to open an account. An individual account has only one owner. A representative may not give account information to anyone else, including the spouse of the account owner.

The owner is the only one who can trade in the account unless third-party trading authorization has been granted. There are three kinds of third party trading authorization:

1. Limited trading authority allows a third party to trade in the account, but the third party cannot make withdrawals.
2. Full trading authority gives a third party both authority to trade and to make with

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Individual Accounts, you might also be interested in:

Series 52 - 3.7. Private Placements

Series 7 - 13.2.2 Suspicious Account Activity

Series 66 - Free-Look Period

Series 66 - Post-Registration Requirements

Series 26 - Red Flags

Series 99 - Chapter Three

Series 53 - Trade Reporting Responsibilities

Series 65 - 10.11. Conflicts of Interest and Other Fiduciary Issues

Series 79 - Chapter 2 Practice Questions

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I passed my Series 24 with two weeks of nearly full-time study, using the textbook, the online class, and the exam simulator. The textbook was very readable and helpful in providing complete explanations, as well as helpful memorization tips. The online class and pre-recorded sessions were crucial to get through all of the material and put it in relative context. It was helpful to be able to have questions answered instantly and via email afterward. The online simulator questions were just like the exam questions, and the immediate feedback function was essential for learning from the practice quizzes and exam. I needed every minute of my study and practice time to count, and Solomon Exam Prep made it possible. Thank you!

T. Richmond, Bethesda, MD

I took another vendors 24 course but it did not compare to how Solomon Exam Prep for Series 24 prepared me. The material and practice exams, especially the timed exams, were broken up by sections, similar to the FINRA Exam. This really helped in allowing me to understand which section(s) I needed to spend more time on/hit harder. Thank you Solomon!!!

Jim Ruckman, Mass Mutual

I tried studying on my own using materials from another vendor, which was super wordy and lengthy. After much frustration, I looked for new study materials and discovered Solomon. It is concise, clear and presented well. The subject area quizzes and practice exams were unlimited and very helpful. Six weeks later I passed the Series 24 with an 85! I would not hesitate to use Solomon again, should the need arise.

Yasmeen M.

After trying numerous study materials, Solomon was the key to pass my Series 24. The live class was a perfect complement. Thank you Karen for your assistance!

Marie, Miami, FL

I watched the videos twice, took notes from them, and took hundreds of practice problems. The test simulator was the best part of the program. I found it helpful that you could go back and look at the questions you missed and use them to help refine what to study. I definitely would recommend the program. Get 85%+ on the practice and you should pass the 24.

Kris Nyden, Seattle, WA

I stuck to the outline day by day and it really helped me with sticking to a routine and curriculum. I passed the Series 24 on my 1st try! Would definitely recommend this to anyone in the Securities Industry.

Rima Mehta, PNC Investments, Charlotte, NC