I just received a letter from Financial Planning Association of Singapore (FPAS) that I am now qualified for the Associate Financial Planner / AFPCM

According to the website, here’s what I am qualified to do.

The ASSOCIATE FINANCIAL PLANNERCM or AFPCM will be competent to recommend general financial planning strategies and to advise on the appropriate selection and use of various financial products for individuals, e.g. insurance, unit trusts, and a broad range of securities and banking products.

What started out as an interest to gain more knowledge on my personal investments and personal financial planning has led me on a totally new path. I created a website Making Passive Income with the aim of helping people to understand financial planning better as well as stock and property investments. At the same time, I decided to enroll for the Certified Financial Planner Program CFP to further beef up my financial planning credentials.

In the first module, I actually have already learnt most of the items like stock analysis, financial statements, bond valuation, time value of money etc. during my Bachelor’s in Finance/Accounting as well as during my work as a Mergers & Acquisitions (M&A) Investment Banker in New York. However, I did pick up some new knowledge especially on the technicalities of CPF, Insurance and Estate Planning which requires more localized knowledge of the laws. So overall, I look forward to completing the rest of the modules over time and I hope I will be able to share more information on the website armed with the additional knowledge!