How do I become a certified financial planner in Singapore? What can you do with such license? Is CFP required, or good to have only? - Seedly
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Asked by Anonymous

Asked on 16 May 2019

How do I become a certified financial planner in Singapore? What can you do with such license? Is CFP required, or good to have only?

I have a degree with finance major. Im looking into maybe joining a more comprehensive financial advisory company which offers wide variety of products - not just 1 particular insurance company/bank/investment company/asset management, any to introduce?

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You can join an IFA. There are a few in Singapore. I'm from Promiseland Independent one such IFA.

And I suggest waiting on CFP and just taking the CMFAS exams first and get on the ground experience. Liking the industry and surviving the industry is a different game altogether. Prospecting and getting clients is the hardest part of the business and CFP doesn't help you with that.

CFP is definitely good to have but not mandatory to start.

2 comments

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Question Poster

on 16 May 2019

Thanks Hariz! Where and how do I start / get more info about CMFAS, and to know which papers am I exempted? Is this the right link/source: https://www.ibf.org.sg/programmes/examination/Pages/ExamTypeDetails.aspx?examtypeid=3
Hariz Arthur Maloy
Hariz Arthur Maloy

on 17 May 2019

Https://www.scicollege.org.sg/ for the minimum papers to be licensed under FAA, you'll have to go here