Requirements to join FP/FA profession

What are the requirements to apply for FA (Financial Advisor) Representative?

The requirements are:

A) You must go to the FP/FA firm who holds a Bank Negara’s FA license

 

B) Age – FA representative must be at least 21 years old.

 

C) Resident – FA representative must be a resident in Malaysia.

 

D) Qualifications – The applicant must possess:-

  1. a Registered Financial Planner (RFP) qualification as conferred by the Malaysian Financial Planning Council (MFPC) – Module 1, 2, 3;
  2. a Certified Financial Planner (CFP) qualification as conferred by the Financial Planning Association of Malaysia (FPAM) – Module 1, 2, 3;
  3. a Chartered Financial Consultant (ChFC) qualification; or
  4. other professional qualifications as specified by the Bank from time to time.

 

E) Commitment – The FA’s representative shall be engaged by a FA on a full-time basis.

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