Series 22: 1.1.5.1. Ownership Allocation

Taken from our Series 22 Top-off Online Guide

1.1.5.1. Ownership Allocation

An S corporation may not have a disproportionate allocation of ownership. Unlike a limited partnership or LLC, profits must be allocated in strict proportion to the shareholder or member’s percentage interest in the company. Shareholders or members who actively participate in the business already receive reasonable compensation. As to profits and losses, they may only receive their share in the business’s investments.

An owner’s share of the business’s investment is that owner’s capital account. The capital account measures the member

+ Read More

More Series 22 Info

What are people saying?

Create an Account

Since you're reading about Series 22: 1.1.5.1. Ownership Allocation, you might also be interested in:

Series 66 - 3.1.2.3. Bond Funds

Series 66 - Private Placements: Regulation D

Series 24 - 4.3.1. Mergers and Acquisitions

Series 53 - No Bundling

Series 7 - 5.1.6.1 American vs. European Options

Series 65 - 8.10.1. Definition of Agent

Series 7 - 17.5.2.3 Rules for Delivery of Stocks

Series 3 - 1.3.5.2. Speculation

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Solomon Exam Prep was great! I passed my Series 22 with their materials. I failed my first time taking the exam using the Securities Institute of America's material. I was completely shocked because I did well in all my practice exams. So, I did extra research and found Solomon Exam Prep. It was exactly like the FINRA outline which was perfect. Highly suggest Solomon Exam Prep for Series 22.

Becky Eriksson, Cabin Securities. Los Angeles, CA

Recently passed my Series 22 using the Solomon material. Failed the exam once previously using The Securities Institute of America material. Solomon gave me the tools in order to succeed and pass my exam. I highly recommend this material!

Cole Seelhammer. New Braunfels, TX

I passed the series 22! Solomon's study materials and exams were the key to my preparation. I tried other companies first, and I knew something was off. After taking the FINRA exam, I know I would have failed if not for Solomon. I cannot overstate this. This test was difficult and foreign. Solomon helped me learn everything I needed to pass the series 22. Many thanks!

Jim Scott, AGES . Ocala, FL

Recently passed the FINRA Series 22 Exam. Though the exam is short, the material is obscure and not what you deal with every day in the industry. Solomon did a great job of putting together material and providing a deep understanding. After about 6 weeks of studying and taking 2 practice exams a day, I passed the exam on the first try! Thanks for putting together a robust training product.

Eric Stroehle, Steelwater Wealth Management. Oakville, CT

Just passed the Series 26! As a new mom, I relied heavily on the Audiobooks and being able to read or test on my iPad whenever I could. The material was accurate and I felt well-prepared after following the suggested study schedule.

Usha Sharma, Transamerica, West Covina, CA

I took a job which required me to pass the SIE, Series 6, Series 63 and Series 26. Understandably this was a pretty tall task, but the Solomon Exam Prep materials made it incredibly easy. I appreciated how well all of the material was laid out for all four tests. I stuck to the study plans that were included in the resources and passed all four tests on the first try. This was a stressful time in my life, but Solomon got me through it! I would highly recommend Solomon to anyone who is looking to become licensed. Part of my new job is managing other licensed individuals and I recently hired two employees who are now required to be licensed. I reached out to Solomon for a demo of their Admin Portal and it is wonderfully comprehensive. It allows me to track my employees progress without having to reach out and be too invasive. Excellent all around!

Stephen Carbaugh, StanCorp Equities, Inc. Portland, OR