BE A GLOBALLY RECOGNIZED LICENSED FINANCIAL PLANNER
World's most prestigious financial planning profession.
Why be a globally recognized Licensed Financial Planner?
If your clients consist of expats, foreign nationals residing in neighboring countries, and is seeking collaboration with financial planners abroad, a CFP credential will be a prerequisite for you.
The fee-based financial planning market in Malaysia is ripe for harvest.
The competition in the industry is no longer about who has the finest financial products and services. Instead, it is who can give the most comprehensive, practical and impartial advice.
Your clients now have access to lots of information online and are more knowledgeable than before. What they lack is holistic advice customized to their situation.
Therefore, being an expert in one or two areas of personal finance is no longer enough. You need to be proficient in all areas of personal finance beyond financial products.
Unless your prospects are prepared to buy products, many avoid advice with the intent of selling them a product.
More and more professionals are looking for impartial advice that puts their interests first, enabling them to take control of their finances.
As of 2022, fewer than 1,000 licensed financial planners in Malaysia provide integrated financial plans, compared to over 80,000 life insurance agents and 60,000 unit trust consultants.
Hence, the fee-based financial planning market in Malaysia is still relatively untapped.
Licensed financial planners who provide unbiased holistic financial plans are in a position to tap into this lucrative fee-based financial planning market.
Are you ready for the unlimited opportunities that the financial planning industry offers, both locally and globally?
The route to becoming a globally recognized Licensed Financial Planner is through the globally recognized CFP credential.
CFP was brought into Malaysia by FPAM in the year 2000 to professionalize the financial services industry by equipping financial product specialists with the skills to analyze clients' needs and offer financial advice based on their goals, priorities, and circumstances.
In Malaysia, FPAM is the sole licensing authority for the CFP mark. It works closely with authorized education providers to prepare CFP candidates for the CFP examination.
CERTIFIED FINANCIAL PLANNER (CFP)
5 Reasons To Choose CFP
1) CFP is the prerequisite for the Capital Market Services License (CMSL/CMSRL) and Financial Advisor License (FAL/FARL).
2) CFP is the global standard for financial planning recognized in 27 countries.
3) CFP’s global recognition enables you to expand your client base outside of Malaysia.
4) CFP’s cross-border recognition enables you to practice financial planning or gain employment in other countries.
5) CFP opens the door to collaboration with CFP professionals from other countries.
6) With CFP, you will be eligible for an exemption for six RFP modules.
Benefits of CFP certification
- Credibility and Trust: CFP is the mark of excellence and professionalism in the financial planning industry. It signifies that you have met rigorous education, examination, experience, and ethics requirements. Clients and employers often view CFP certification as a symbol of credibility and trustworthiness.
- Enhanced competence: The CFP certification process involves a comprehensive curriculum and a challenging examination covering various aspects of financial planning. Earning the certification demonstrates your competence in providing comprehensive and holistic financial advice.
- Career Opportunities: Many financial planning firms and employers specifically seek out CFP professionals due to their advanced expertise. Having the certification can open doors to higher-level positions and increase career opportunities.
- Higher Earning Potential: Clients often seek out CFP professionals due to their demonstrated expertise and commitment to ethical standards. They are more likely to trust and seek certified professional advice and pay a premium for their advice.
- Expand Client Base: Clients often seek out CFP professionals because they want holistic financial planning advice, where CFP professionals act in their client's best interests, maintain confidentiality, and provide objective advice, adhering to a strict code of ethics and professional conduct.
- Client Attraction: The CFP certification is a powerful marketing tool. The designation is widely recognized and respected, which can enhance your professional reputation and visibility.
- Networking Opportunities: Becoming a CFP may grant you access to various professional networks and associations that help you connect with other professionals, learn from peers, and stay updated.
- Personal and Professional Growth: Pursuing the CFP certification requires significant effort and dedication. It leads to personal and professional growth that includes expanding your knowledge, refining your skills, and boosting your confidence in your abilities as a financial planner.
Why Choose Practical Wealth?
Our mission is to train financial advisors to become financial planning practitioners who can apply what they have learned and develop a comprehensive financial plan.
Our strengths and uniqueness:
1) We have a high examination passing rate.
2) We teach applied knowledge instead of textbook theories.
3) We fill in gaps in the textbook and expand its scope.
4) We simplify complicated subjects to accelerate your learning.
5) We incorporate practical applications not found in textbooks.
6) We use real examples to enhance your understanding of financial planning concepts.
7) Our trainers are experienced practitioners, not those without field experience.
8) As an independent education provider that is not connected to any financial planning firm, we do not use the training as a means to recruit participants to work for any firm.
We incorporate practical applications not found in textbooks.
6) We use real examples to enhance your understanding of financial planning concepts.
7) Our trainers are experienced practitioners, not those without field experience.
8) As an independent education provider that is not connected to any financial planning firm, we do not use the training as a means to recruit participants to work for any firm.
Our training fee includes:
- The live training will be recorded and uploaded on YouTube for those who missed it.
- Participants who failed the exam can re-attend the training FOC until they pass the examination.
- Tax planning for Modular Exemption candidates is FOC.
- We provide a special rate for Challenge Status candidates who wish to attend M1 to M3 training.
© 2023 Practical Wealth Sdn Bhd (1154301-M)
We need your consent to load the translations
We use a third-party service to translate the website content that may collect data about your activity. Please review the details in the privacy policy and accept the service to view the translations.