@s-ghost
There are guidelines on the use of the various titles, so it's not a suka suka ownself name ownself thing.
10 Why does MAS restrict the use of the term "Financial Adviser" to only
holders of a financial adviser's licence and exempt financial advisers? Are
representatives of a financial adviser allowed to call themselves “Financial
Advisers”? How about the use of similar titles?
MAS believes that restricting the use of the term "financial adviser" will
enable investors to identify whether they are receiving financial advice from an
entity that is licensed by MAS or an entity that is unregulated.
As the regulatory framework of the FAA draws a distinction between
“Financial Adviser” and “Representative”, MAS does not permit representatives to
call themselves “Financial Advisers”. However, representatives are allowed under
section 21(2) of the FAA to use the words “Financial Adviser” together with the
word “representative”.
There is no restriction on the use of titles and designations like "financial
planner", "financial analyst" or "financial consultant", as such designations are
currently adopted by a number of professional bodies, both internationally and
within Singapore. However, the investing public should be aware that persons who
use such titles may or may not be regulated by MAS, depending on the services they
offer. If there is any doubt, the public may check the Financial Institutions Directory
to ascertain if an entity is regulated by MAS for the provision of financial
advisory services, and the MAS Register of Representatives (“Public Register”)
to ascertain whether an individual is an appointed or provisional representative
under the FAA. The public can access information on their representative from the
Public Register by keying in his/her name or representative number, which can be
requested from the representative or financial adviser. You may refer to section IV
below for more information on the Public Register. Both the Financial Institutions
Directory and the Public Register are available on the MAS website at
http://www.mas.gov.sg.
https://www.mas.gov.sg/-/media/mas/...regulations-notices-and-guidelines-281124.pdf