Firm Element Training
Easily assign training and maintain all aspects of your Firm Element program.
Firm Element Program
Our modern, mobile-ready compliance management system (CMS) simplifies the process of planning, developing and implementing your FINRA-required Firm Element continuing education program. Deploy compliance training faster, automate training reminders and get the reports you need to stay on top of it all. With our CMS, you also have the option to utilize Lesson Plans to easily create and administer custom training packages based on your representatives’ specific job titles, roles or departments.
The Quest CE Difference
For compliance professionals who need a trusted vendor with industry experience
Industry-Leading Content
We understand that diverse training is essential to your compliance program. That’s why our Firm Element catalog contains 450+ courses, with topics ranging in length and difficulty. We additionally author over 30 new courses annually and perform periodic course audits to ensure training is current with new and changing regulation. Can’t find the course you need? Create it – at no additional cost! With our course authoring tool, Course Builder, you have the ability to customize any Quest CE-authored course to make it align with your firm’s internal policies and procedures.
Automated Training Reminders
Do you have any procrastinators at your firm? Give your reps the boost they need with the help of automatic training reminders. With our compliance management system, you can track training solutions in real-time and see who has (and hasn’t) completed their assigned courses. Using the system’s integrated Email Blast Tool, you can thereafter schedule automated email alerts to deploy on a daily, weekly or monthly basis, until training is complete. Take that, procrastinators.
Adult Learning Principles
To meet the growing demands of today’s adult learners, it’s extremely important that you invest in training that not only challenges your representatives, but keeps them actively engaged throughout the course. That’s why we’ve included interactive element options, such as click-to-reveal quizzes, scenarios and images, into each of our courses to transform passive viewers into active course participants. Moreover, our training is as mobile as the people using it, making it accessible from any desktop, tablet or smartphone.
Get Started Now!
Set-up a program in three easy steps. It only takes 15 minutes to get started! Ideal for boutique-size firms.
Schedule a Demo
Speak with a representative to learn how you can launch a custom training program in no time!
QUIZ: How successful is your Firm Element Program?
Not sure? Take our 10-question survey to find out.
Bundle and Save
Save by bundling your Needs Analysis, Written Training Plan and Firm Element Program!
Individual Needs Analysis Survey
Are you trying to put together a training plan, but you’re not sure where to begin? Ask your employees! Their feedback will help you determine what training areas need the most attention and which ones can be lightly touched on. Our Individual Needs Analysis Survey evaluates your employee’s job knowledge, skills and abilities to help you easily determine what type of training is needed. Additionally, these surveys make it easy for you to pinpoint which employees require additional training in certain areas.
Firm Needs Analysis Survey
Serving as an organization-wide assessment, the Firm Needs Analysis determines the varying needs of your firm’s departments, job functions, training priorities, products and services. It’s a comprehensive way for you to evaluate and prioritize your firm’s annually-required training needs. Once the data is gathered and analyzed, the results can be used to create your firm’s written training plan and appropriately assign course materials.
Written Training Plan
Firms are also required to establish a formal Written Training Plan to keep employees up-to-date on job and product-related subjects. The primary intent of the Written Training Plan is to tie the objectives, values, products and services of the business into a workable, compliance-oriented training strategy. In our Written Training Plan template, we help establish the training needs and learning styles of your firm by taking into account your firm’s size, structure, scope of business, and much more.
Frequently Asked Questions
You have questions – we have answers
Firm Element is a FINRA continuing education rule that requires firms to annually deliver training to their representative population. There are three aspects of this requirement, which include 1.) a needs analysis/survey, 2.) a written training plan, and 3.) firm-wide training.
The Firm Element requirements apply to all “covered persons.” A covered person is defined as someone who is registered, including registered representatives, principals, assistant representatives, research analysts, investment bankers, and operations professionals.
SRO rules require covered persons to participate in training as prescribed by their firms. Failure to do so could result in disciplinary action by his or her firm or by regulatory authority.
You bet! We recently announced that firms now have the ability to customize any off-the-shelf Quest CE courses directly in our course authoring tool, Course Builder. There is no additional cost to use the tool, it’s automatically included with a Quest CE training program!
There is no single date on which training must begin, but it must be completed annually. Training dates are determined by the firm and are incorporated into the training plan. Firm sizes and product offerings may affect the amount of training the firm will offer.
Each firm must provide continued education that is reasonable and in accordance with the identified training needs, but there is not a required number of hours for the Firm Element
Complete Your Program
Annual Questionnaires
Add an actionable ACQ to your program to verify your representatives’ annual activities and disclosures.
Learn MoreDisclosure Tracking
Individually track Outside Business Activities, Gifts, Entertainment, Customer Complaints and more!
Learn MoreAnnual Compliance Meeting
Cut costs, improve productivity and accelerate learning with our online meeting technology.
Learn MoreSpeak to an expert
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