Podcast
Series 7 Whisperer
Hosted by capadvantage · EN
The Series 7 Whisperer is the voice in your head you wish you had while studying. Hosted by a retired NYSE trader and FINRA principal with 37 years on the Street, this podcast cuts through the noise to deliver the raw, real, and testable truths behind the Series 7 exam. No fluff. No filler. Just the stuff that gets you paid. Whether you’re cramming before test day or grinding through options, suitability, and regs, this is your shortcut to passing with swagger.
16episodes
Episodes
Newest firstAll episodes
Why smart people fail the SIE Exam and Series 7 Exam
Yesterday00:44:44Summary readySend us Fan Mail🎙️ Podcast Episode Topics — Cognitive Biases That Hurt Test-Takers Dunning-Kruger Effect — fake confidence before the exam Self-Serving Bias — blaming the test instead of fixing weaknesses Confirmation Bias — studying what feels comfortable Overconfidence Bias — mistaking familiarity for mastery Planning Fallacy — unrealistic study timelines IKEA Effect — overvaluing your notes and spreadsheets Google/GPT Effect — outsourcing memory instead of learning Cryptomnesia — confusing recognition with understanding Transfer Appropriate Processing — failing when wording changes Zeigarnik Effect — why unfinished concepts stick in your brain State-Based Learning — your test brain vs. your study brain Law of Triviality — wasting time on low-value study tasks Attentional Bias — avoiding the topics you hate most Tachypsychia — stress distorting time during exams Clustering Illusion — seeing fake answer patterns Anchoring Bias — getting trapped by the first number Framing Effect — wording changing your emotional reaction Survivorship Bias — Reddit success stories distorting reality Availability Heuristic — over-focusing on memorable topics Negativity Bias — obsessing over bad scores Impostor Syndrome — feeling unprepared despite progress Sunk Cost Fallacy — refusing to abandon bad study habits Halo Effect — trusting confidence over competence Recency Bias — overreacting to recent bad results Loss Aversion — fear-based decision making on exams Decision Fatigue — mental exhaustion lowering performance Spotlight Effect — believing everyone else is doing better Gambler’s Fallacy — thinking answer patterns matter Mere Exposure Effect — confusing repetition with learning Cognitive Dissonance — protecting ego instead of improving Authority Bias — blindly trusting “experts” online False Consensus Effect — assuming everyone studies the same way Outcome Bias — copying lucky strategies that happened to work Illusion of Control — relying on rituals instead of preparation Catastrophizing — turning setbacks into disasters Emotional Reasoning — treating feelings like facts Choice Overload — drowning in too many resources Hindsight Bias — “I knew that” after seeing the answer Fundamental Attribution Error — making excuses for yourself Burnout Normalization — glorifying exhaustion instead of recoveryThe provided text outlines a comprehensive series of psychological hurdles that frequently sabotage students during the examination process. It identifies various cognitive biases, such as the Dunning-Kruger effect and overconfidence, which lead test-takers to mistake mere familiarity with actual subject mastery. The source material emphasizes that honest self-assessment and strategic discipline are more critical for success than relying on flawed study habits or emotional reactions. By highlighting how the brain distorts reality under stress, the guide encourages learners to focus on active recall rather than passive recognition. Ultimately, the series serves as a roadmap for overcoming mental traps to achieve genuine competence.Support the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Summary
Is GameStop really gonna buy eBay?
2w ago00:04:22Summary readySend us Fan MailGameStop just did something insane.A $12 billion company made an unsolicited bid to buy eBay for $56 billion.No call. No warning. Straight to a public offer.In this episode, we break down:What a hostile takeover actually is (and why this qualifies)The financing problem nobody can ignoreWhy the market is basically saying “yeah… probably not happening”And the real play here — because this might not be about buying eBay at allThis is one of those deals where the numbers don’t make sense… …but the strategy might.Sometimes the smallest fish in the room doesn’t need to win. It just needs everyone to notice it tried.👉 Subscribe for straight, no-BS breakdowns of what’s actually happening in markets 👉 Live Q&A every Tuesday & Thursday#GameStop #eBay #StockMarket #Investing #HostileTakeover #MergersAndAcquisitions #WallStreet #MarketNews #YouCantBeSerious #DavidVsGoliath #MarketDramaSupport the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Summary
Trusts and Joint Accounts ( Series 65 and Series 66 Exam )
3w ago00:13:10Summary readySend us Fan MailTrusts, Estates & Joint Accounts | Series 65 and Series 66 Exam PrepEverything you need on trusts, estates, and joint accounts for the Series 65 (Uniform Investment Adviser Law Examination) and Series 66 (Uniform Combined State Law Examination). This topic isn't a huge percentage of the exam, but it's easy points if you know the patterns NASAA likes to test.What this video covers:Joint account types — JTWROS (Joint Tenants with Rights of Survivorship), Tenants in Common, Tenants by the Entirety, and community property. The survivor question and how the exam tests it.The three players in every trust — grantor (settlor, trustor), trustee, and beneficiary.Revocable vs irrevocable trusts — what changes, who pays the taxes, why the IRS doesn't care about your revocable trust, and what you actually get in return for giving up control.Testamentary trusts — when they're funded and why probate still applies.Why people set up trusts in the first place — probate avoidance, privacy, control after death, and estate tax reduction. The four real reasons, ranked.The Prudent Investor Rule under the Uniform Prudent Investor Act — fiduciary duty, total portfolio approach, diversification, and the wrong answers the exam loves to throw at you.Trustee duties with multiple beneficiaries — balancing income beneficiaries against remainder beneficiaries, what the trustee considers, and what the trustee absolutely does not care about.Estate accounts — executor vs administrator, Letters Testamentary vs Letters of Administration, and how the account actually works.Common Series 65 and 66 exam questions answered:Who gets taxed on a revocable trust? The grantor. Who gets taxed on an irrevocable trust? The trust or the beneficiary. Does a revocable trust reduce estate taxes? No. Does a revocable trust avoid probate? Yes. When is a testamentary trust funded? At the grantor's death. Who can trade a trust account? The trustee. What standard does a trustee follow? Prudent investor rule.Taught by Ken Boyd — former NYSE floor trader (1989–2009) and founder of Capital Advantage Tutoring. 35 years on Wall Street. Series 7, SIE, Series 63, 65, and 66 exam prep.📚 Series 65 and Series 66 tutoring: https://series7exam.org 🎯 Subscribe for more exam prep: @Series7Exam 💬 Questions? Live Q&A every Tuesday and Thursday.#Series65 #Series66 #Series65Exam #Series66Exam #NASAA #InvestmentAdviser #ExamPrep #Series65Prep #Series66Prep #TrustsAndEstates #FinanceExam #SecuritiesLicenseSupport the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Summary
Efficient Market Hypothesis (Series 65 and Series 66)
Mar 1900:15:14Summary readySend us Fan MailSupport the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Summary
SIE Exam Prep ( Market mechanics) Options,Mutual Funds,Economics,Order types
Mar 1400:55:02Tap to summarizeSend us Fan MailSupport the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Transcribe →
Series 7 Exam: Customer Accounts ( SIE Exam also )
Mar 700:50:42Tap to summarizeSend us Fan MailSupport the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Transcribe →
A Guide to Equity Securities
Feb 1500:32:15Tap to summarizeSend us Fan MailEquity securities represent ownership interests in a corporation, offering a range of risk and reward profiles suited to different investment objectives. Common stock serves as the primary vehicle for capital appreciation and corporate governance, though it carries the highest risk and the lowest priority in liquidation. Preferred stock functions as a hybrid instrument, providing consistent dividend income and higher claim priority, similar to debt instruments.Short-term and long-term opportunities are facilitated through rights and warrants, which allow for the purchase of shares under specific conditions—rights protecting existing ownership from dilution and warrants acting as long-term speculative "sweeteners." Finally, American Depositary Receipts (ADRs) provide a streamlined mechanism for domestic investors to access foreign markets while mitigating the logistical complexities of international trading, despite persistent currency and tax considerations.--------------------------------------------------------------------------------Common Stock: Growth and GovernanceCommon stock represents the most basic form of corporate equity, providing shareholders with a residual claim on company assets and a voice in corporate oversight.Preferred Stock: Income and PriorityPreferred stock is characterized as a more stable, income-oriented security that shares traits with both common stock and bonds. It is primarily utilized by investors seeking reliable dividend streamsRights and WarrantsRights and warrants are instruments that grant the holder the opportunity to purchase stock at a specific price, but they differ significantly in duration and intent.American Depositary Receipts (ADRs)ADRs facilitate the trading of foreign stocks on U.S. exchanges. They are issued by U.S. banks that purchase bundles of shares in foreign corporations and re-issue them as ADRs.Support the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Transcribe →What AI Really Means for Finance Careers (No Hype)
Jan 2600:11:43Tap to summarizeSend us Fan MailArtificial intelligence isn’t “ending finance jobs.” That headline is lazy — and wrong.What AI is actually doing is stripping out the parts of finance roles that were never worth a human salary, while putting more pressure (and upside) on judgment, client work, risk decisions, and real thinking.In this episode, we break down — without hype or fear-mongering — what AI is actually changing across finance careers, including:Wealth management and financial advisorsClient-facing associates and sales assistantsSales & trading desksInvestment banking analysts and associatesEntry-level roles and career switchersWe separate jobs vs tasks, explain why some AI-exposed roles are seeing higher wage growth, and walk through where AI helps, where it replaces, and where humans still get paid.If you work in finance, are studying for a finance license, or are considering a career change into banking, trading, or advising, this episode is a reality check — not a pep talk and not a doom spiral.No hype. No panic. Just how this actually plays out in the real world.AI and finance jobsAI impact on finance careersartificial intelligence in financefinance jobs automationAI vs finance jobswealth management careersfinancial advisor career pathinvestment banking analyst jobssales and trading careersclient associate finance roleentry level finance jobscareer change into financeAI in bankingAI in tradingwill AI replace finance jobshow AI affects financial advisorsfuture of investment banking jobsAI and trading desksfinance career outlook with AIjobs vs tasks AI financeSupport the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Transcribe →Series 7 Exam Prep: All About Bonds
Jan 2600:41:43Tap to summarizeSend us Fan Mail a comprehensive study guide for the Series 7 exam, focusing on the technical and regulatory nuances of debt securities. They contrast the structures of corporate, municipal, and government bonds, detailing how interest is calculated and how secondary market transactions are settled. Specific attention is given to accrued interest methodologies, such as the 30/360 and actual/365 systems, which determine the payments owed between buyers and sellers. The documents also outline the legal protections and tax implications unique to general obligation and revenue bonds, including the role of trust indentures and bond covenants. Additionally, the sources clarify the characteristics of Treasury bills, notes, and bonds, emphasizing their varying maturities and safety profiles for investors. By providing mnemonics and formulas, these resources serve to equip candidates with the essential knowledge required to manage fixed-income portfolios and navigate federal securities laws.Support the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Transcribe →Securities Acts Explained for SIE Exam
Dec 2200:15:33Tap to summarizeSend us Fan Mailhe provided text outlines the fundamental legal frameworks governing the American financial industry, specifically focusing on the Securities Act of 1933 and the Securities Exchange Act of 1934. The 1933 Act establishes protocols for new investment offerings, requiring companies to provide full transparency through registration statements and prospectuses to protect the public from fraud. In contrast, the 1934 Act regulates the secondary market, overseeing the ongoing trading of existing stocks and the conduct of broker-dealers and self-regulatory organizations. Additional sections clarify specific exemptions and rules, such as Regulation D for private placements and Rule 147 for local state-level offerings. These rules collectively ensure that investors receive essential disclosures while defining the boundaries for accredited individuals and institutional buyers. Ultimately, the material serves as a comprehensive guide for candidates preparing for the Securities Industry Essentials (SIE) exam.Support the show📚 About the PodcastReal-world finance explained the way exams and real life actually test it. Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.⚠️ DisclosureThis podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.🚀 Go DeeperLive classes, tutoring, practice questions, and bonus content:👉 Website / Classes: https://capitaladvantagetutoring.com 👉 YouTube: https://youtube.com/@Series7exam 👉 Substack:https://substack.com/@series7whisperer?New episodes weekly — subscribe so you don’t miss one.
Transcribe →