As the financial services industry continues to evolve, so will your clients’ needs and expectations. Learn about all the product types your company and your competitor’s offer to meet customers’ needs and enhance your financial services expertise and skills with LOMA 286: Principles of Financial Services and Products.

The major categories of financial services - cash management, credit, asset protection, asset accumulation and management, and asset distribution – are featured in LOMA 286, which surveys banking, insurance, and investment products. 

This course provides an introduction to the vast array of financial services and products being offered today. It will help you comprehend basic financial concepts, such as the time value of money, risk return tradeoff, and diversification. After taking this course, you will be able to distinguish among the various categories of financial services and grasp a broad understanding of financial products, including checking accounts, savings accounts and products, credit cards, mortgages, life insurance, health insurance, property and liability insurance, securities, annuities, tax-advantaged savings plans, and employer-sponsored retirement plans. Through this increased knowledge of financial services and products, you will be better able to recognize and serve customers' needs.

Chapters in the course include:

• Categories of Financial Services
• Types of Financial Institutions
• Government’s Role in the Financial Services Industry
• Convergence, Consolidation, and Globalization
• Time Value of Money
• Basic Tax Concepts
• Risk-Return Tradeoff
• Managing Risk through Insurance
• Diversification
• Opportunity Costs
• Cash Management Products
• Credit Cards
• Mortgages
• Life, Health, Property and Liability Insurance
• Tax-Advantaged Savings Plans
• Brokerage Accounts
• Managed Accounts
• Stocks and Bonds
• Mutual Funds
• Annuities
• Private Group Retirement Plans

To Order Study Materials and Enroll for Exams
To order the study materials for LOMA 286, download a textbook order form here. 

To find out more on enrolling for FFSI examinations, contact your company's LOMA Educational Representative (Ed Rep). If your company doesn't have an Ed Rep, or if you are an independent student, you can find all the information you need on deadlines, ways to enroll, etc. in the LOMA Education and Training Catalog.