Comments on: Why Financial Planner will be the Hottest Job in 2008

By: Steve

Steve — Mon, 06 Apr 2009 08:32:38 +0000

I admire your passion for the financial planning business and your effort to promote the industry.

However, the financial planning industry is a regulated industry by SC and Bank Negara. One needs to be licensed by respective authorities before you can advise or practise as a financial planner or financial advisor. Otherwise, you run foul of the laws and risk a substantial fine and/or jail term!

The statutory laws were enacted to regulate the industry and to protect the public. One needs to be licensed before calling himself or herself a financial planner or financial advisor! Period! Even obtaining the CFP, RFP or ChFP qualification does not allow one to practise as one.

The next step is for one to untie himself or herself from tied agencies. Otherwise, how does one attempt to offer independent, unbiased advice or solutions to his/her clients?

YES, I agree with you…..Financial Planning is one of the HOTTEST Jobs around…..anytime!

By: KCLau

KCLau — Fri, 20 Mar 2009 08:59:05 +0000

@wlees,

sorry that I am not familiar with Danatama Millenium.

By: wlees

wlees — Wed, 18 Mar 2009 09:29:58 +0000

hi, do you know about “DANATAMA MILLENIUM SDN BHD”?
a FOREX consultancy company?
recently they are opening a new branch in Centro klang which is the 3rd branch and recruiting a lot of people…
i cant check that the legality of that company…
i worry that people will be trapped!
plz give a help!
REGARDS

By: KCLau

KCLau — Sun, 01 Mar 2009 16:04:46 +0000

Hi wlees,

It is better to start with only one product. Master it before you move to the other.

By: wlees

wlees — Fri, 27 Feb 2009 17:08:20 +0000

thanks for the explaination.
due to the economic crisis happening now, is now the suitable time to put a step into the insurance/investment s’ field…?
is it posible to join in both type field which in same category field in the same time to increase the opportunity?
i m standing on the border and so confusing… hope to get direction from the pro… thx…

By: KCLau

KCLau — Thu, 26 Feb 2009 02:15:19 +0000

Hi wlees,

The main differences is the product they are selling.
I had sold both kind of products. For career wise, I personally prefer life insurance.
The relationship is long term and the servicing required is a lot less than unit trust.

By: wlees

wlees — Wed, 25 Feb 2009 16:47:43 +0000

hi,quite admire ur talent…
can i get some professional advices from you about the differences between an insurance agent and unit trust consultant and also which is having an optimal opportunity & income/benefit…?
please guide me, hope to view my answers in my inbox soon and i wish to get more than what i expected…thanks…

By: Dom

Dom — Mon, 23 Feb 2009 15:16:17 +0000

Financial planner… wow i love that terms. I aspire to be one. Now i’m trying to learn as much as possible. I’m happy and thankful someone like you is making this kind of site.

By: KCLau

KCLau — Tue, 26 Aug 2008 03:32:48 +0000

HI Michael Lim,

Thanks for visiting here. Yes, I have been busy and try to keep the blog updated at least once a week.

By: Michael Lim

Michael Lim — Sat, 23 Aug 2008 14:00:47 +0000

hi,

i enjoy reading your blog.

are you busy lately? cos your post getting lesser for the past 3 months…

take care!
Michael