Financial planners determine a client’s short, medium and long-term aspirations then work on an agreed financial plan to meet individual needs. They have strong people skills and are good listeners. The financial planner and client review the plan regularly to keep it on track and update it as appropriate.
As a financial planner, you will use the six steps of the financial planning process. These are:
A financial planner can offer general wealth creation advice and assistance across all financial markets, or specialise in areas such as:
As a first step, you have to undertake an entry-level education program recognised by the Securities Commission and Bank Negara Malaysia for the license either CFP, IFP, RFP, SRFP or ChFC. These are specifically designed to:
Yes! Financial planning is a dynamic profession in which strong careers can be established.
As Malaysia’s population ages, people are becoming much more aware that their retirement security and comfort will depend more on them, and their financial planning efforts, than on government welfare benefits.