Certain FP/FA firms still allow advisors to join as partial license advisors, but their scope or role as an advisor will be discounted.
Anyone who would like to join a FP/FA firm to offer Investment-related services must hold FIMM UTC license and SC CMSRL license. If he/she is currently a financial planner/advisor or unit trust consultant, he/she will have to resign from his/her existing unit trust company to join the FP/FA firm. However, he/she can still maintain his/her business for non-investment related services, for example insurance business with current insurance company.