
A.D. Banker is a professional education brand of A. D. Banker & Company, LLC, an Overland Park, Kansas firm founded in 1979 that prepares candidates for insurance and FINRA securities licensing exams. In December 2022 the company was acquired by The CE Shop, part of the Career Certified professional education platform backed by Waud Capital Partners. The brand serves individual candidates and corporate clients across all US states.
Parent Company
Acquired
2022
Status
Private
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| A.D. Banker | A. D. Banker & Company, LLC | Subsidiary |
A. D. Banker & Company was founded in 1979 in Overland Park, Kansas, by Dennis Anderson, whose initials gave the firm its name. The company focused from the start on a narrow problem: candidates sitting for state insurance licensing exams needed structured preparation, and the quality of available study materials was poor. Its courses were built by cross-referencing official exam content outlines, an approach that remains part of its marketing.
Through the 1980s and 1990s the firm grew into a multi-state provider covering Life and Health, Property and Casualty, Personal Lines, and Adjuster licensing tracks. It added FINRA securities exam preparation covering the Securities Industry Essentials exam and the Series 6, 7, 63, and 65 top-off qualifications, plus continuing education courses that licensed producers must complete to maintain their credentials.
A difficult episode came in 2001 when the Ohio Department of Insurance suspended the company's pre-licensing provider approval for two years after regulators found that exam questions in an A.D. Banker course manual substantially matched items from the state's test bank. The matter, detailed in the controversies section below, was resolved and the company continued operating and expanding nationally.
Delivery formats evolved with the market. Classroom instruction was supplemented by self-study manuals, then online interactive courses, live web classes, on-demand video lectures, simulated practice exams, and flashcard tools. The business side of the operation, A.D. Banker for Business, sells licensing programs to insurance agencies and financial firms that need to onboard and track employee progress at scale.
In December 2022 the founders' era ended when The CE Shop acquired the company as part of its Career Certified platform. Management described the deal as expanding reach while keeping the brand, team, and culture in place. The company continues to operate from Overland Park with approximately 70 employees.
Who owns A. D. Banker & Company?
The company is wholly owned by The CE Shop within the Career Certified platform, which is backed by private equity firm Waud Capital Partners. The acquisition was completed in December 2022.
Is A. D. Banker & Company public?
No. It is a private subsidiary and publishes no standalone financial reports.
When was the company founded?
It was founded in 1979 in Overland Park, Kansas, by Dennis Anderson.
What does A. D. Banker & Company sell?
Pre-licensing exam preparation for insurance and FINRA securities exams, continuing education courses, and corporate licensing programs for agencies and financial firms across all US states.
Where is the company based?
Headquarters is at 7311 W 132nd Street in Overland Park, Kansas, part of the Kansas City metropolitan area. The company employs approximately 70 people.
In 2001 the Ohio Department of Insurance suspended A.D. Banker's pre-licensing provider approval and WebCheck authorization in the state for two years. A consent order alleged the company had obtained and used actual Ohio agent licensing exam questions in its Life and Health course manual, after a test vendor discovered that 23 manual questions matched or closely resembled its secure question bank. Founder and co-owner Leon Anderson was alleged to have paid a third party who had taken exams under aliases to harvest questions.
The suspension was imposed with a review after one year contingent on Anderson's removal from ownership and operations. The company resolved the matter and resumed business in Ohio and nationally. No comparable regulatory action has been reported since, and the company markets its courses as aligned to official exam outlines.
No direct competitors found in the same category. This could be because A.D. Bankeroperates in a unique market segment or we're still building our competitor database.
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