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 ? ? - Seedly

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Asked by Anonymous

Asked on 06 Dec 2018

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
Luke Ho, Money Maverick at Money Maverick
Level 6. Master
Answered on 06 Dec 2018

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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