best of luck

First of all decide on the UTMC you would like to join.

a. If your upline is not good enough to convince you in joining his/her UTMC, what makes you think he/she is capable of leading you?
b. If you are capable, it doesn't matter which UTMC you are attached to.

I wish to become a part-timed unit trust consultant. However, I am currently attached to a bank as well. Am I eligible to join then?

I don't remember any profession are restricted to become a unit trust agent. Plus I couldn't see any conflict of interest here too.

Yes, you are right! I have yet to hear anything about this too! I am attached to OCBC and joined as a UTC with Public Mutual since 2005.

yes u can, no problem at all. but dont tell ur company u r doing part time with other bank as UTC. jangan cari pasal sendiri.

UTC also can become a good career what...

Full time trus lah.

But if u want to become a part time agent, please be good to your clent...

It's not for everyone but it sure is a good career if you have the effort to service your customer n have the patience to explain to them how unit trust works. Not everyone is knowledgeable about investment. Better don't jump in straight when we don't know what is coming for us ....crap, I sound very conservative ... Sorry about that

Thanks for the advice NightHeart! Shall consider joining this industry! Thanks!

Hi everyone,

If I would like to join as an agent, what should I do? Should I approach the company directly? When can I start selling?

My gratitude in advance, guys!

Cecil

Just something for those who wants in to ponder and consider:

UTC may face stiff competition from the CUTA(s) aka Corporate Unit Trust Advisors.

CUTA work with platform like IFast and Phillip Capital and they have access to multiple funds (like up to 200 or more funds from across different fund houses)

A typical UTC can only promote one fund house's products. So the coverage is severly limited.

CUTA have access to famous foreign funds as well like Blackpool, Templeton or Vanguard. One of the most exiting is the accesablity of low cost index funds.

UTC? Consider CUTA.

Xuzen

ok .... in other words, CUTA can sell any bank funds? Never heard of them before... so far the ones i approach is UTC >.< ... they mostly do the high end market?

Yeah, they are not tied to any agency.

Not really, you just need to approach the Financial Advisory firm. You can get their contact from Sec-Com website.

Xuzen

Pick a company that you want to be an agent for e.g. Public Mutual, CIMB Wealth Advisors etc.

Then you can approach those company & ask them what's their procedures. I did CIMB one, it's pretty easy, fill up some forms & then attend the exams. If you pass, then you can be an agent already.

I have registered to Public Mutual Berhad as an agent and will be sitting for an examination soon in September, 2012. Thanks everyone!

welcome to PM family. Best of luck.

hi NightHeart,

i'm registered to public mutual bangsar branch earlier today and will be taking my examination in a month time. looking forward to sell sell sell in september!

eh - don't SELL SELL SELL to the exclusion of "advise, share & commit" to your prospects & customers leh.
ELSE U'd just be another "one of those" agents

Thanks for the great advise. That's what my upline told me as well. Anyway, "Sell Sell Sell" sounded more catchy than "Advise, Share & Commit"!

FYI, Public Mutual Berhad is an investment company, which deals with unit trust management. It is a wholly owned subsidiary company of Public Bank Group. This company has been established since 1975 and has been Malaysia No.1 performing Unit Trust Manager for 8 consecutive years.

Public Mutual Unit Trust Consultant is to educate the public on the importance of having to invest in unit trust and selling unit trust.

As to become a Unit Trust Consultant (UTC), candidates must fulfill the following requirements;

a. Candidates must be of 25 years of age and above.
b. Candidates must possess a minimum qualification of SPM with a credit in either Bahasa Malaysia or English or Mandarin + a credit in Mathematics (Modern Mathematics)
c. Candidates must be a working adult.


Thank you and kind regards,

Felix Wang
Unit Trust Consultant
Public Mutual Berhad