How to Become a Financial Adviser in Singapore
Required Age
Applicants must be at least 21 years old or above
Nationality
Only Singaporeans or Permanent Residents (PR) are eligible
Qualification
A minimum Local Diploma or A Levels is required to qualify
You must passed these 4 modules from the CMFAS Exam, namely:
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(M5) Rules and Regulations for Financial Advisory Services
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(M9) Life Insurance and Investment-Linked Policies
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(M9A) Life Insurance and Investment-Linked Policies
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Health Insurance Module
It costs approximately $500 if you passed all 4 papers on your first attempt. (We are currently sponsoring suitable candidates for their entire exam fees!)
You must passed these 4 modules from the CMFAS Exam, namely:
-
(RES5) Rules, Ethics and Skills for Financial Advisory Services
-
(M9) Life Insurance and Investment-Linked Policies
-
(M9A) Life Insurance and Investment-Linked Policies
-
Health Insurance Module
It costs approximately $500 if you passed all 4 papers on your first attempt. (We are currently sponsoring suitable candidates for their entire exam fees!)
How Much Does a Financial Adviser Earn in Singapore?
According to The Straits Times – Singapore Salary Guide 2023, the median salary for a financial adviser is $5,050.
Since this profession operates on a commission-based model, your earnings depend on the effort you put into building your network. Factors such as experience, skills, and company affiliation can influence your income, but with dedication and hard work, the potential for high earnings is significant.
One of the key advantages of being a financial adviser is flexibility—you can set your own schedule, allowing you to balance work and personal commitments as you see fit.
Who are we?
What sets us apart is our organic growth story. Many of our team members began their careers here without prior experience in sales or finance. For most, this was our first job. Through structured guidance, personalized mentorship, and a proven system, we turned raw potential into extraordinary success. Now, we’re passing that blueprint to the next generation of advisers.
What You Should Do Now
Interested? Join our Career Talk below!
The purpose of the Career Talk is to provide you with adequate information regarding the insurance industry as a career.
Take the first step in learning about the job scope, career progression, compensation and the ins & outs regarding the insurance industry.
