To be a financial advisor in Malaysia, one has to first get an appropriate license. There are two types of licenses: the Capital Market Service Representative (CMR) license and the Financial Adviser Representative (FAR) license. The former is for those who provide licensed financial advice in Malaysia while the latter is issued by the Bank Negara Malaysia and allows the adviser to recommend insurance products issued by any insurance company. Most insurance agents obtain these licenses after passing the Certificate Examination for Investment-linked Life Insurance or Pre-Contract Examination for Insurance Agents.
Financial advisors are responsible for helping clients build and manage their wealth. They provide services such as investment advice, insurance, and wealth management. In addition, financial advisors can also grow their own wealth. Manulife is a 130-year-old company that provides wealth management solutions and financial advice. It helps individuals, corporations, and families achieve financial security by helping them identify and understand their goals. The company’s financial advisors use cutting-edge tools to provide comprehensive recommendations to their clients.
Excellentte Consultancy is one of the leading financial advisory firms in Malaysia. It has been in business since 1997 and is regulated by the Securities Commission of Malaysia. Its advisors are highly skilled and have an extensive background in the field. The firm uses fintech to improve financial literacy and educate their clients.
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