200+ Free AAMS Practice Questions
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Key Facts: AAMS Exam
80
Final-Exam Questions
Kaplan AAMS FAQ
70%
Passing Score
Kaplan AAMS FAQ
120 days
Access Window
Kaplan AAMS FAQ
2
Final Attempts
Kaplan AAMS FAQ
$1,375
Current Tuition
Kaplan program page
16 CE / $100
Biennial Renewal
Kaplan renewal FAQ
Kaplan's official AAMS page currently lists an 80-question final exam, a 3-hour limit, a 70% passing score, two final-exam attempts, and 120 days of online access, with current program tuition shown as $1,375. College for Financial Planning publishes 10 official course topics but does not publish percentage weights, so this practice bank uses heavier practice emphasis on asset-management, risk/return, allocation, and investment-strategy modules while still covering tax, retirement, benefits, insurance, estate, and fiduciary issues. As of March 11, 2026, I did not find a new public AAMS blueprint revision or public pass-rate release.
About the AAMS Exam
The AAMS designation is designed for advisors who want a stronger foundation in asset management and client portfolio advice. The curriculum moves from the asset management process through risk and return, allocation, strategy selection, taxation, retirement planning, employee benefits, insurance, estate planning, and fiduciary obligations.
Assessment
80-question final exam inside the online designation program
Time Limit
3 hours
Passing Score
70%
Exam Fee
$1,375 program tuition (College for Financial Planning (Kaplan))
AAMS Exam Content Outline
The Asset Management Process
Client discovery, investment objectives, constraints, policy statements, and the disciplined advisor workflow.
Risk, Return, and Investment Performance
Risk measures, expected return tradeoffs, portfolio statistics, performance attribution, and benchmarking.
Asset Allocation and Security Selection
Strategic versus tactical allocation, diversification, correlation, manager selection, and security due diligence.
Investment Strategies
Active and passive implementation, income and growth approaches, concentrated positions, and strategy fit.
Taxation of Investments
Cost basis, realized gains and losses, tax location, tax-loss harvesting, and after-tax portfolio decisions.
Investing for Retirement
Retirement accumulation and distribution planning, Social Security, Medicare, longevity risk, and RMDs.
Deferred Compensation and Other Benefit Plans
Qualified plans, nonqualified deferral, executive compensation, stock compensation, and benefit-plan suitability.
Insurance Products for Investment Clients
Life, disability, long-term care, annuities, umbrella coverage, and insurance integration in broader plans.
Estate Planning for Investment Clients
Wills, trusts, beneficiary planning, probate, gifting, transfer-tax basics, and legacy objectives.
Fiduciary, Ethical, and Regulatory Issues for Advisors
Best-interest obligations, disclosures, conflicts, ethics, recordkeeping, and core advisory regulation.
How to Pass the AAMS Exam
What You Need to Know
- Passing score: 70%
- Assessment: 80-question final exam inside the online designation program
- Time limit: 3 hours
- Exam fee: $1,375 program tuition
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
AAMS Study Tips from Top Performers
Frequently Asked Questions
How many questions are on the AAMS exam?
Kaplan's official AAMS FAQ says the final exam contains 80 questions. Candidates get 3 hours to finish the exam and may attempt the final exam a maximum of two times within their enrollment period.
What score do I need to pass AAMS?
The College for Financial Planning states that a score of 70% or higher is required to pass the AAMS final exam. The final-exam grade becomes the overall grade for the designation program.
How much does the AAMS program cost?
As of March 11, 2026, Kaplan's current AAMS program page shows $1,375 for the AAMS professional designation package. The same page also notes an optional printed-textbook add-on priced separately.
Does Kaplan publish official AAMS section weights?
Not on the public AAMS page that I found. Kaplan/College for Financial Planning publishes the 10 official course topics, but it does not publish public percentage weights for each topic area, so practice providers must infer study emphasis from the published topic list.
What changed for AAMS in 2026?
As of March 11, 2026, I did not find a newly published AAMS content-outline revision or a new public topic-weighting release. The most relevant 2026 content changes for candidates are planning-rule updates inside the curriculum, including 2026 IRS retirement-plan limits, 2026 HSA/HDHP adjustments, and updated federal gift and estate figures.
How do I keep the AAMS designation active after passing?
Kaplan's AAMS renewal FAQ says designation holders must complete 16 hours of continuing education every two years and pay a $100 renewal fee every two years. Continued use of the marks also depends on following the College's standards and renewal requirements.