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 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. You can also utilize Lesson Plans to easily create and administer custom training packages based on your representatives’ specific job titles, roles or departments.
An Easy-to-use Online System
Got a minute? We'd love to give you an inside look at our compliance management system
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 more than 450 courses, with topics ranging in length and difficulty. Our course library is unmatched in its ability to provide the most contextual training for all roles, departments and skill levels at your firm. We additionally author over 30 new courses annually and perform periodic course audits to ensure training is current with new and changing regulation. If you can’t find the course you need, simply let us know, and we’ll pass it on to our (incredibly talented) course writers.
Automated Training Reminders
We all know those people – the ones that put off doing their training until the last possible minute. Wouldn’t it be great if you could keep tabs on these individuals, throughout the program year, and automatically send training reminders to keep deadlines on track? Well, with our compliance management system, you can. Track training completions in real-time to 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 elements, 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.
Firm Element Express
Set-up a program in three easy steps. It only take 15 minutes to get started! Ideal for boutique-size firms.
Managed Programs
Launch a custom training program and benefit from the experience of an Account Executive.
QUIZ: How successful is your Firm Element Program?
Not sure? Take our 10-question survey to find out.
The Perfect Trio
Save by bundling your Needs Analysis, Written Training Plan and Firm Element Program!
Needs Analysis Survey
Our Needs Analysis Survey acts as a diagnostic tool for determining what training needs to take place at your firm. These individual and firm assessments look at your employees’ job knowledge, skills and abilities to identify exactly what training is needed and automatically generates a report based on those findings. Once the data is gathered and analyzed, the results can be used to appropriately assign course materials and create your firm’s written training plan for the year.
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.
Each Firm Element program requires a Needs Analysis, which determines training priorities for the firm and a Written Training Plan. The Written training Plan represents the implementation of the objectives identified in the Needs Analysis.
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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