According to Investopedia, financial advisors in Malaysia are crucial in helping individuals and businesses navigate the complex landscape of personal and corporate finances. A financial advisor is a professional who provides expert guidance on managing financial resources, investments, and planning for future financial goals. They assess your financial situation, analyse your goals and aspirations, and develop tailored strategies to help you achieve them.
As the financial landscape evolves, the need for qualified financial advisors becomes increasingly essential. In this dynamic environment, their expertise is invaluable in making informed decisions, ensuring financial security, and optimising investment opportunities. In this introduction, we will explore the significance of financial advisors in Malaysia, shedding light on their roles, responsibilities, and the reasons why their services are in high demand. Here are 10 top best financial advisors in Malaysia you can rely on.
What Are The Services Provided by Financial Advisors in Malaysia?
Financial advisors provide various services to help their clients manage their finances effectively. Here are some of the key responsibilities and services that financial advisors typically offer:
1. Financial Planning
Financial advisors assess your current financial situation and help you set realistic goals. They create comprehensive financial plans that outline strategies for achieving those goals, taking into account your income, expenses, assets, and liabilities.
2. Investment Advice
Financial advisors help clients make informed investment decisions by recommending suitable investment options, diversifying portfolios, and considering risk tolerance. They may provide guidance on stocks, bonds, mutual funds, real estate, and other investment vehicles.
3. Retirement Planning
Advisors assist in planning for retirement by estimating the amount needed for a comfortable retirement, recommending retirement savings strategies, and optimising retirement account contributions.
4. Tax Planning
Financial advisors help clients minimise their tax liabilities by recommending tax-efficient investment strategies, tax-advantaged accounts, and deductions.
5. Estate Planning
Advisors can help clients create estate plans, which include drafting wills, trusts, and strategies to transfer wealth to heirs efficiently while minimising estate taxes.
6. Debt Management
They offer guidance on managing and reducing debt, such as credit card debt and loans, to improve overall financial health.
7. Risk Management and Insurance
Financial advisors assess your insurance needs and recommend appropriate coverage to protect against unforeseen events, including life, health, disability, and property insurance.
8. Budgeting
Advisors assist with creating and maintaining budgets, helping clients track income and expenses, and offering strategies to save and invest effectively.
9. Education Funding
They provide guidance on saving for educational expenses, including college funds and other education-related financial planning.
What is The Estimated Cost of A Financial Advisor?
As reported by iMoney, the cost associated with enlisting the services of a financial planner in Malaysia is subject to variation based on the extent of your asset portfolio. The annual fees for such services can encompass a broad spectrum, spanning from RM1,000 to RM20,000, providing individuals with options that cater to their specific financial needs and resources.
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1. PFA Asia Financial Coach
PFA Asia Financial Coach, a well-established financial services firm with more than two decades of experience, offers specialised WISE wealth management modules to expedite financial decision-making and results. Their core services encompass personal financial coaching, insights into loan options, business consultancy, and business funding in Malaysia, making them an ideal choice for professional executives and business owners. Recognised among the best financial advisors by Product Nation and Trusted Malaysia, PFA Asia is lauded for its transformative impact on clients' financial literacy and well-being, offering invaluable guidance and expertise. Whether enhancing investment acumen or financial planning, their dedicated team, including Sifu Edmund and Mr Tai, comes highly recommended for delivering excellent, diligent services.
Operating Hours:
9:00 am - 5:00 pm (Monday - Friday)
Closed on Saturday & Sunday
Address: Capital Square, Level 31, Menara AIA Capsquare, Jalan Munshi Abdullah, 50100 Kuala Lumpur
Phone No: +603-2602 3128
Google Map: Navigate Now
Google Reviews: Here
2. Jenson Agency
Jenson Agency Marketing specialises in financial consulting and solutions, primarily focused on helping individuals restructure their bank loans through home loan refinancing. They collaborate with renowned financial institutions in Malaysia, including CIMB Bank, Maybank, and Bank Muamalat, to facilitate clients in achieving their financial objectives. Services provided cover areas such as refinancing, new home purchases, debt consolidation, and home refinancing. Clients have lauded their dependability and professionalism, with special mention of agents like Ms. Wendy and Mr. B. The agency is praised for its excellent customer service and adherence to transparent and compliant processes, ensuring clients' financial matters are addressed effectively. Clients express satisfaction with the agency's assistance in enhancing financial stability, consolidating debts, and improving credit scores.
Operating Hours:
10:00 am - 6:30 pm (Monday - Saturday)
Closed on Sunday
Address: The Park 2 Residence, Bukit Jalil City, Residensi Park2, Persiaran Jalil Utama, Bukit Jalil, 57000 Kuala Lumpur, Federal Territory of Kuala Lumpur
Phone No: +6016-980 7130
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/jensonpenasihatkewangan2u/
3. PTP Wealth Advisory - AIA Agency Office
PTP Wealth Advisory, an AIA Agency offering services in UBB Cash Trust, Edu Trust, Insurance, and Wealth Advisory, provides professional financial advice and a range of products, including medical cards, retirement plans, education plans, and investments. Ms. Jenny Teng, a knowledgeable advisor, is commended for her professional and friendly guidance, demonstrating a deep understanding of processes and procedures. Clients appreciate the welcoming and international ambience of the office. The service is described as outstanding, professional, and responsive, with excellent advice that helps clients plan effectively, making PTP Wealth Advisory a trustworthy and beneficial resource for financial and insurance-related needs.
Operating Hours:
8:00 am - 5:00 pm (Monday - Saturday)
Closed on Sunday
Address: PTP Wealth Advisory - AIA Agency Office, No 90 1st Floor Bintulu Sentral, Jalan Kidurong, 97000 Bintulu, Sarawak
Phone No: +6086-335 677
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/ptpbintulu/
4. DWA Advisory Sdn Bhd
DWA Advisory Sdn Bhd is a boutique advisory firm licensed to provide corporate finance advisory services. Their expertise spans various areas, including Mergers and Acquisitions, Independent Advice, LEAP Market Listing, and IPO Advisory. Their seasoned team, backed by years of experience, collaborates with partners like commercial and investment banks, asset management firms, and private equity entities. Clients appreciate their personalised, value-driven approach and their adherence to regulatory standards. DWA's professional and personal touch, consistent investment advice, and trustworthiness make them a reliable choice for financial advisory services. Their track record, including notable deals like Al Salam REIT's acquisition of QSR outlets, attests to their excellence in independent advisory work.
Operating Hours:
9:00 am - 6:00 pm (Monday - Friday)
Closed on Saturday & Sunday
Address: DWA Advisory Sdn Bhd, Oasis Square, E-2-01, Block E, 2, Jalan PJU 1/7A, Ara Damansara, 47301 Petaling Jaya, Selangor
Phone No: +603-7682 4898
Google Map: Navigate Now
Google Reviews: Here
5. FSMOne Malaysia (iFAST Capital)
iFAST Capital Sdn. Bhd., a part of iFAST Corporation Ltd, is a Singapore-based wealth management fintech platform serving a diverse clientele across Asia. Holding a Capital Markets Services License, they provide a wide range of services, including securities trading, investment advisory, private retirement schemes, fund management, and financial planning. Their user-friendly online tools offer transparency and accessibility to clients. Known for their professional and friendly agents, iFAST Capital helps clients achieve good profits. They stand out for their innovative fintech solutions and commitment to redefining wealth management.
Operating Hours:
9:00 am - 6:00 pm (Monday - Friday)
Closed on Saturday & Sunday
Address: Compass Offices - Menara AIA Sentral - Serviced Office Kuala Lumpur, 3/F, Menara AIA Sentral, NO. 30, Jln Sultan Ismail, Bukit Bintang, 50250 Kuala Lumpur
Phone No: +603-2149 0567
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/iFASTCapitalMalaysia
6. FA Advisory
FA Advisory Sdn Bhd offers a comprehensive range of financial services, including Personal Financial Advisory, Islamic Wealth Advisory, Corporate Financial Advisory, and Private Wealth Advisory. They partner with organisations like iFAST, Tune Insurance, and Phillip Mutual. Clients appreciate their licensed financial planners, such as Yvonne Chong, Marshall Wong, and Angie Ng. The firm provides valuable learning experiences through internships, offering practical knowledge and insights into the financial advisory industry. FA Advisory's supportive management, cross-border opportunities, and ability to assess a wide range of financial products make it a valuable choice for those seeking financial guidance.
Operating Hours:
9:00 am - 6:00 pm (Monday - Friday)
Closed on Saturday & Sunday
Address: FA Advisory Sdn Bhd, 1 Mont' Kiara, Suite 29-6, Level 29 Menara, 1, Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur
Phone No: +603-6211 4011
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/faadvisory/
Instagram: https://www.instagram.com/faadvisorymy/
7. VKA Wealth Planners
VKA Wealth Planners, Malaysia's fastest-growing financial planning firm, is licensed by the Securities Commission and Bank Negara Malaysia. With offices nationwide, they offer services for both individuals and corporations. Specialising in personal and corporate financial planning, wealth management, talent retention programs, and Private Retirement Scheme (PRS) advisory, VKA provides innovative solutions for asset protection and legacy planning. Their expertise encompasses wealth structuring, wills, trusts, foundations, business succession planning, and family offices. Well-known in significant media outlets, such as RTM’s TV1, TV2 and TV3, and news companies like Utusan Malaysia, VKA Wealth Planners is a trusted choice for comprehensive financial solutions in Malaysia.
Operating Hours:
9:00 am - 6:00 pm (Monday - Friday)
Closed on Saturday & Sunday
Address: E-7-27, IOI Boulevard, Jalan Kenari 5, Bandar Puchong Jaya, Puchong Jaya 47170, Puchong, Selangor
Phone No: +603-8071 1661
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/VKA.Wealth.Planners.Sdn.Bhd/
Instagram: https://www.instagram.com/vkafinancialgroup/
8. QX TRUST CO. LTD
QX Trust Co. Ltd, part of the QX Group, is your trusted partner for Labuan company formation. They offer expert guidance through legal requirements, responsive service, and a range of solutions for onshore and international businesses. With a dedicated team of Labuan Financial Offshore Services specialists, they ensure a smooth and efficient setup process. QX Trust is known for its transparency, personalised solutions, and strong track record in assisting companies with expansion goals. From Labuan trading to cryptocurrency exchange, they provide comprehensive support and handle compliance. Rest assured, QX Trust delivers value for your financial and business needs in Labuan.
Operating Hours:
8:30 am - 6:30 pm (Monday - Friday)
Closed on Saturday & Sunday
Address: Maxis Tower, Level 36, Kuala Lumpur City Centre, Kuala Lumpur
Phone No: +6018-228 9533
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/offshorelabuan/
9. Excellentte Consultancy Sdn Bhd
Excellentte Consultancy Sdn Bhd, founded by Alfred Sek, a pioneer in Malaysia's financial planning industry with 40 years of experience, stands out as a reputable financial advisor. Their commitment is to deliver professional and comprehensive financial services while maintaining independence to represent their clients' best interests. Being approved by Bank Negara and licensed by the Securities Commission, they offer valuable financial planning services, including insurance, investment, retirement, estate planning, and corporate solutions. The core values of saving costs, enhancing coverage, and providing value-added advice underscore their approach. In essence, Excellentte Consultancy's purpose is to empower individuals to make sound financial decisions.
Operating Hours: 9:00 am - 5:00 pm
Address: Neo Damansara - Block C1 Lobby, 1, Jalan PJU 8/1, Damansara Perdana, 47820 Petaling Jaya, Selangor
Phone No: +603-7725 3007
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/excellentteconsultancy/
Instagram: https://www.instagram.com/excellentteconsultancy/
10. UWealth
UOB Kay Hian's UWealth stands as a leading financial advisory agency with a wide array of services to meet diverse financial needs. Their offerings encompass expert investment services, comprehensive wealth management, personalized financial planning, risk management through insurance solutions, estate and legacy planning, and a highly individualized approach. With an experienced team, UWealth ensures clients receive expert guidance tailored to their unique financial objectives, making it a go-to destination for individuals and businesses seeking solid financial support.
Operating Hours:
8:30 am - 5:30 pm (Monday - Friday)
Closed on Saturday & Sunday
Address: Plaza Damas - Main Lobby, 60, Jalan Sri Hartamas 1, Sri Hartamas, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur
Phone No: +603-6205 6000
Google Map: Navigate Now
Google Reviews: Here
Available Branches: Penang (Google Reviews Here)
Instagram: https://www.instagram.com/uwealthmy/
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Disclosure: This list was compiled by the team at My Weekend Plan after extensive research and shared opinions to suggest helpful recommendations for the public. The sequence of brands is in no particular order so if you have any other great suggestions too, please email us support@myweekendplan.asia. For more information, kindly refer to our copyright, privacy & disclosure policy.
