Asked by Anonymous

Do you need to be MAS licensee in order to do portfolio management ? Under what circumstances will you not find the entity in MAS directory ? ?

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    • Luke Ho, Money Maverick at Money Maverick
      119 Answers, 212 Upvotes
      Answered 1w ago

      Plenty.

      Even Conservation Capital, which most of the community knows pretty well by now for buying and selling half-done Endowment plans, is not MAS regulated.

      There is a large group of business entities that do portfolio management which are BOTH not MAS-licensed AND not on the MAS Investor list. So I can't really specify what kind of circumstances, since there's many reasons for them not and being on the MAS Investor Alert list.

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