[Series 66] 22, Active Passive Growth and Value Strategies

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:

- Distinctions between active management aiming for index outperform and passive management tracking benchmark indices

- Key financial tradeoffs regarding portfolio turnover, transaction costs, management fees, and tax efficiency

- Characteristics of growth equity strategies, including high price-to-earnings ratios and earnings retention

- Characteristics of value equity strategies, including low price-to-earnings ratios and higher dividend yields

- Exam application strategies and fiduciary duties under state and federal securities laws

This independent study resource helps candidates master portfolio management strategies for the Series 66 exam. For interactive practice and updates, visit https://open-exam-prep.com/practice/series66 and https://www.youtube.com/@Open-exam-prep .

Sources checked: September 14, 2026:

- https://www.nasaa.org/wp-content/uploads/2023/02/Series-66-Outline-June-2023.pdf

- https://www.finra.org/registration-exams-ce/qualification-exams/series66