Ran Chen, EA, CFP®

Open Exam Prep

Education EN ↓ 439 episodes

Open Exam Prep: Mastering Financial ExamsThe path to becoming a certified financial professional is known for its difficulty, and finding high-quality, accessible study material shouldn't be the hardest part. Created by Ran Chen—an AI application enthusiast, Financial Advisor, and holder of the EA (Tax), Life Insurance, Series 6/63/65, and CFP® designations—this podcast was born from personal experience. Having navigated these challenging exams himself, Ran realized the need for better resources and created Open Exam Prep as a free solution for aspiring professionals. Each episode breaks down...

Be sure to visit the podcast's website and support the creator: open-exam-prep.com

Author

Ran Chen, EA, CFP®

Episodes

[Series 65] 49, Dollar Cost Averaging and Systematic Investing 12.05.2026 3:15

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The mechanics of how Dollar Cost Averaging (DCA) leads to a lo...

[Series 65] 48, Fixed Income Portfolio Strategies 11.05.2026 3:41

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - To differentiate passive bond strategies: laddering for steady...

[Series 65] 47, Active vs Passive Investment Management 10.05.2026 3:43

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Why passive investing, through index funds, typically features...

[Series 65] 46, Asset Allocation Strategies 09.05.2026 2:47

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Strategic allocation is a long-term, passive strategy based on...

[Series 65] 45, Sharpe Treynor and Jensen Performance Measures 08.05.2026 3:42

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The Sharpe Ratio uses standard deviation to measure return per...

[Series 65] 44, Alpha Beta and Standard Deviation 07.05.2026 3:52

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Standard deviation measures an investment's total risk, which...

[Series 65] 43, Efficient Market Hypothesis 06.05.2026 3:43

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Weak-form EMH states that past price and volume data are price...

[Series 65] 42, Capital Asset Pricing Model 05.05.2026 2:36

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to calculate a security's expected return using the Capita...

[Series 65] 41, Modern Portfolio Theory 04.05.2026 3:36

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Modern Portfolio Theory (MPT) assumes investors are risk-avers...

[Series 65] 40, Suitability and Know Your Customer 03.05.2026 3:17

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That the Know Your Customer (KYC) rule requires gathering all...

[Series 65] 39, Accredited Investors and Qualified Purchasers 02.05.2026 3:53

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The specific income ($200k/$300k) and net worth ($1M) threshol...

[Series 65] 38, Trusts and Estates as Clients 01.05.2026 3:23

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The key tax and control differences between revocable and irre...

[Series 65] 37, Business Entity Types as Clients 30.04.2026 3:24

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The fiduciary considerations for a sole proprietorship center...

[Series 65] 36, Individual Client Profiles and Life Stages 29.04.2026 4:42

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How the four client life stages (Accumulation, Consolidation,...

[Series 65] 35, Life Insurance Products in Investment Planning 28.04.2026 3:46

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The key difference between term and permanent life insurance f...

[Series 65] 34, Annuities Fixed Variable and Indexed 27.04.2026 3:09

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The distinction between the accumulation and annuitization pha...

[Series 65] 33, Options Strategies and Risk Profiles 26.04.2026 3:48

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - A covered call is used to generate income on a long stock posi...

[Series 65] 32, Options Basics Calls and Puts 25.04.2026 3:28

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The fundamental rights of call and put option buyers. - How to...

[Series 65] 31, Hedge Funds and Private Equity 24.04.2026 3:26

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Hedge funds and private equity are unregistered securities sui...

[Series 65] 30, Closed-End Funds and UITs 23.04.2026 2:51

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Closed-end funds issue a fixed number of shares in an IPO and...

[Series 65] 29, Exchange-Traded Funds vs Mutual Funds 22.04.2026 4:22

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That ETFs can be traded throughout the day at changing prices,...

[Series 65] 28, Mutual Fund Costs 12b-1 Fees and Expenses 21.04.2026 3:41

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The key components of a mutual fund's expense ratio, including...

[Series 65] 27, Mutual Fund Structure and and Share Classes 20.04.2026 3:32

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to calculate a mutual fund's Net Asset Value (NAV) per sha...

[Series 65] 26, ADRs REITs and Other Equity Securities 19.04.2026 3:03

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - American Depositary Receipts (ADRs) trade in U.S. dollars but...

[Series 65] 25, Equity Valuation Methods 18.04.2026 3:54

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The core distinction between fundamental analysis (evaluating...