Financial planning has been a buzz word these few years. Many people talks about the opportunities it offers. But very few people know how to turn the financial planning knowledge into a profitable and satisfying practice.

This one day workshop will help you to explore the opportunity of financial planning in the way you never see it before. As the pioneer and leading fees-for -service financial planner in Malaysia, the speaker, Mr Yap Ming Hui will share with you proven financial planning business model in Malaysia from his close to a decade practising experience.

If you are interested to be a REAL financial planner and capitalise on the exciting business opportunity of REAL financial planning, you can’t afford to miss this eye-opening and thought-provoking workshop.

1.   Understand clearly comprehensive fee-for-service financial planning and its opportunity

2.   Appreciate the successful Australian and US comprehensive fee-for-service financial planning business model

3.   Appreciate proven comprehensive fee-for-service financial planning model in Malaysia by established professional, Mr Yap Ming Hui

4.   Identify the advantages and disadvantages of comprehensive fee-for-service model

5.   Understand how Wrap Account can increase your success in comprehensive fee-for-service financial planning practice

6.   Identify the critical success factor to a successful comprehensive fee-for-service financial planning practice

1.   Defining comprehensive fee-for-service financial planning

·      Financial planning process
·      Business model of 21st century
·      The challenges in offering financial planning service
·      Identifying the value proposition
·      Why fee-for-service?
·      US and Australia model
·      Ideal business plan

2.   Sample comprehensive fee-for-service model in Malaysia – Roadmap to Financial Freedom

·      Defining financial freedom
·      5 essential elements of financial freedom
·      Case studies 1 & 2
·      Unique features of Roadmap to Financial Freedom
·      Why Roadmap to Financial Freedom is important to a family?
·      Experiencing the Roadmap to Financial Freedom
·      Technical aspect of Roadmap to Financial Freedom

3.   Advantages and disadvantages of comprehensive fee-for-service model

4.   3 stages approach to address the disadvantages of comprehensive fee-for service model

5.   Advantages of 3 stages approach

6.   Preparing to launch

Financial planning course (CFP, ChFC, RFP, IFP and others) students and graduates who intend to capitalise on the exciting opportunity of REAL financial planning.

Mr. Yap Ming Hui is the author of the controversial and best selling book You Can’t Manage Your Money … Especially When You’re Rich, Maximise What You’ve Got …No Matter How Much You Have Now, MaxWealth: How To Maximise Your Beyond Investment Returns and Family Office.The second book was ranked as one of the top management books in the Edge bestseller list.

He is currently the Managing Director of Whitman Independent Advisors Sdn Bhd, an independent financial advisory firm providing Family Office service to high net worth individuals. Whitman is also a licensed CMSL (financial planning and CUTA) company by Securities Commission. The clients pay between RM5,000 to RM20,000 annual retainer fees for Whitman’s service.

To date, Whitman’s clients include some of the major owners of Main board, Second board, Mesdaq listed and successful SMI companies. (www.whitman.com.my) Yap Ming Hui is the pioneer Chartered Financial Consultant (ChFC) and Certified Financial Planner (CFP) in Malaysia.

He hosted a regular column in THE STAR –Bizweek, The Edge, Malaysian Business and currently The New Straits Times. As an authority and expert in high net worth individual’s wealth management, his comments and views are widely sought by various national media such as THE Edge, BUSINESS TIMES, MALAYSIAN BUSINESS, INVESTORS DIGEST, BLOOMBERG, ASTRO, SIN CHEW JIT POH and others. In 2007, , he appeared as the regular expert guest for Financial Biz Buzz programme on Lite FM (105.7) on alternate Saturday from 10am to 11am.

1.   Defining Financial Freedom - What does it mean to you (exercise on your needs and wants)

2.   The 5 Essential Elements of Financial Freedom

3.   Roadmap to Financial Freedom - Achieving your financial freedom by optimising the wealth you have

4.  Roadmap to Financial Freedom - Case Study 1

5.   Roadmap to Financial Freedom - Case Study 2

6.   A taste of Roadmap to Financial Freedom - exercise to create your own Roadmap to Financial Freedom

7. The Scientific Approach to optimise your unit trust ROI

8. Questions and Answers

Financial planning course (CFP, ChFC, RFP, IFP and others) students and graduates who intend to capitalise on the exciting opportunity of REAL financial planning.

Mr. Yap Ming Hui is the author of the controversial and best selling book You Can’t Manage Your Money … Especially When You’re Rich, Maximise What You’ve Got …No Matter How Much You Have Now, MaxWealth: How To Maximise Your Beyond Investment Returns and Family Office.The second book was ranked as one of the top management books in the Edge bestseller list.

He is currently the Managing Director of Whitman Independent Advisors Sdn Bhd, an independent financial advisory firm providing Family Office service to high net worth individuals. Whitman is also a licensed CMSL (financial planning and CUTA) company by Securities Commission. The clients pay between RM5,000 to RM20,000 annual retainer fees for Whitman’s service.

To date, Whitman’s clients include some of the major owners of Main board, Second board, Mesdaq listed and successful SMI companies. (www.whitman.com.my) Yap Ming Hui is the pioneer Chartered Financial Consultant (ChFC) and Certified Financial Planner (CFP) in Malaysia.

He hosted a regular column in THE STAR –Bizweek, The Edge, Malaysian Business and currently The New Straits Times. As an authority and expert in high net worth individual’s wealth management, his comments and views are widely sought by various national media such as THE Edge, BUSINESS TIMES, MALAYSIAN BUSINESS, INVESTORS DIGEST, BLOOMBERG, ASTRO, SIN CHEW JIT POH and others. In 2007, , he appeared as the regular expert guest for Financial Biz Buzz programme on Lite FM (105.7) on alternate Saturday from 10am to 11am.

“Financial planning is the process of meeting one’s life goals through the proper management of one’s finances.”

In Malaysia, financial planning has been introduced to many individuals via unit trust consultants, insurance agents and financial planners. Yet, there are still many individuals who either procrastinate in planning or fail to plan financially. More so, in today’s financial world which is filled with bountiful information but conflicting opinions, individuals are forgiven to stay confused. They procrastinate instead of plan. Worry instead of win. Reach roadblocks instead of goals. Indeed, they may be more scared than prepared to plan.   

The objective of this 2-day course is to introduce what financial planning entails. It focuses on

1. the financial planning basics
2. risk assessment and management
3. basic taxation planning
4. investments and investment planning
5. retirement planning
6. estate planning

This workshop has been specifically designed to help the financial novice understand the basic rudiments of financial planning and put them in the driver’s seat of planning their own financial future. The workshop leader will offer independent guidance to help participants make better financial decisions and share guides and tools on issues related to financial planning and wealth building.

It is also an ideal workshop to highlight the areas of further learning that may be required should the workshop participant eventually decides to pursue the Certified Financial Planner certification.

Selected Session Topics

• Preparing Your Financial Goals
• Ascertain Where You Are
• Basic Taxation
• Immunizing Disruptions To Your Goal
• Investments and Investment products
• Retirement Planning
• Estate Planning

Mr. Yap Kam Cheng holds a Bachelor of Economics (Honours) from the Manchester Polytechnic, England and a post-graduate qualification in Business Administration from the Aston Business School in Birmingham, England. He is also an accredited Certified Financial Planner.

You have laid down your financial goals. These could include, amongst others, buying a new car, upgrading your residence, planning for your children’s education and your eventual retirement. So you start a savings programme to attain these objectives. But setting aside money for savings is no guarantee towards accomplishing those outlined objectives.  Investments need to be made in the appropriate financial product too. Making a firm commitment to savings and investing appropriately at the same time, is probably the most important step in achieving these goals.

Selected Session Topics

• Savings vs Investment
• Pre-Investment Plan Considerations
• The 6-step approach to Investment Planning
• Identifying the Goals and Time Horizon
• Understanding Your Investment Personality
• Designing An Investment Portfolio
• Evaluating Markets and Selecting Specific Investments
• Managing And Monitoring The Investment Portfolio
• Know When To Change the Investment Portfolio Mix

The objective of this 2-day course is to assist the financial novice in understanding the major aspects of preparing his own investment plan. In addition, he will be exposed to the different investment approaches and common investible assets available in the market place.

It is also an ideal workshop to highlight the areas of further learning that may be required should the workshop participant eventually decides to pursue the Certified Financial Planner certification.

Mr. Yap Kam Cheng holds a Bachelor of Economics (Honours) from the Manchester Polytechnic, England and a post-graduate qualification in Business Administration from the Aston Business School in Birmingham, England. He is also an accredited Certified Financial Planner.

Essentials of Personal Financial Planning

Personal Financial Planning is the process of meeting an individual's life goals through the proper management of his finances. Life goals can include buying a home, going for vacations, saving for a child's education or planning for retirement.

For individuals who want to learn about managing their finances and for personal development, this is a great opportunity to equip yourself with necessary information which will be extremely helpful in covering your bases during times of financial crisis.

General public who has an interest in financial planning

Selected Session Topics

• Fundamental of Risk Management and Insurance Planning
• Fundamental of Retirement Planning
• Fundamental of Estate Planning
• Fundamental of Investment Planning
• Fundamental of Tax Planning

Benefits of having PERSONAL FINANCIAL PLANNING knowledge:
• Acquire knowledge and develop expertise in retirement planning, insurance, risk management
  investment, tax and estate planning.
• When you want to plan your financial affairs such as:
   ο build investments over the long term
   ο invest a lump sum of money such as an inheritance or redundancy payout
   ο protect your income or investments
   ο plan major changes in your personal circumstances, such as retirement where large sums of
      money are involved.
   ο learn about personal taxation, superannuation, stocks options
   ο plan for your child's education

Mr. Elwin Lau has been involved in financial services industry since 1981. He has held many managerial positions in leading local and international companies in Malaysia. His involvements are mainly in insurance, unit trust and financial planning. He holds a Bachelor of Science Honours degree from the University of London, United Kingdom.

Study of financial planning, budgeting, cost management, elements and fundamentals of economics, investment and financial market in respect of sales planning and management. Upon completion of the course, participants would be able to carry out more effective planning and decision-making processes. From the financial and economics perspective, participants will have the ability to evaluate their own performance and be accountable for their results, examine and analyse financial statements, government policies and Malaysian Taxation.

Selected Session Topics

Mr. Elwin Lau has been involved in financial services industry since 1981. He has held many managerial positions in leading local and international companies in Malaysia. His involvements are mainly in insurance, unit trust and financial planning. He holds a Bachelor of Science Honours degree from the University of London, United Kingdom.