How to become a financial planner in Malaysia?

I’ve always wondered what is it like to become a financial planner in Malaysia? How do you become one anyway?

Here in Australia, you need to hold the Australian Financial Services License (AFSL) or be an authorised representative of that licensee to be able to give out financial advice.

How about in Malaysia? What are the procedures? Do you need to get a green light from the Securities Commission?

Also, is the Certified Financial Planner (CFP) qualification from the Financial Planning Association of Malaysia (FPAM) qualification imperative? How about wanting to become an Islamic Financial Planner?

Is there such thing as a part-time financial planner? Perhaps, on a freelance basis/work at home sort of thing?

For those in the know, please share your knowledge so the rest of us could benefit. Thanks guys!

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Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.

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About nadlique

This blog is about the journey of a 28-year-old Malaysian towards financial freedom. This blog was started back when the blogger was 21 years old. However, his journey towards financial freedom had begun way before that. Materials such as investing, business, entrepreneurship, equities, and real estate are presented. The author also posts his thoughts and observations on life in general.

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