AFA(S) is Singapore’s professional association representing licensed financial advisory firms in Singapore. Formerly known as the Association of Life Insurance Brokers, and renamed as the Association of Financial Advisers (Singapore) when the Financial Advisers Act was passed in 2002, AFA(S) represents the interest of its member firms. It is recognised by the Monetary Authority of Singapore and the media as a representative voice of Licensed Financial Advisory firms. We are committed to helping our members grow by providing valuable opportunities for learning and sharing. Annual conferences and workshops are organised and members can participate in these well attended events. In addition, feedback sessions and networking events are held as a platform for members to identify new working opportunities. AFA(S) regularly organises a wide range of training events for continuous professional development programs for our members. AFA(S) aims to represent members’ interests to regulators and various consumer bodies.
Vision values Care and concern for clients’ interest Professional, competent, progressive Championing independence, entrepreneurship and advisory Fraternity, collaboration Making FA model the choice of informed clients
Mission To represent the interest of licensed financial adviser in Singapore To communicate the distinctiveness and clear advantages of FA channel and make it the choice of informed clients To contribute leadership to and facilitate the growth and professionalism of the financial advisory firms and representatives in Singapore
Ordinary Membership Ordinary Membership of the Association shall only be open to relevant authorities licensed Financial Advisers (Firms) who have fulfilled the requirements as laid down by relevant authorities or any other authority whereby the members of the Association are under its jurisdiction and who must fulfill the requirements of the Association's Constitution and bylaws. Ordinary Members shall have the right to vote and to hold office in the Association.
Associate Membership Associate Membership in the Association shall comprise other professional firms who provide related services to our Ordinary Members e.g. legal, accounting, tax planning, investment advisers and any other category which may be defined by the Association that qualify under this category of membership from time to time. An Associate member of this Association shall pay annual membership dues as set forth in Article 4.2 of the Constitution and shall be entitled to all privileges of the Association except the right to vote and to hold office in the Association.
Stay Relevant We keep you updated with the developments of the industry and improve the environment within which IFAs run their businesses.
Collaboration We provide a forum for members to develop opinions, recommendations and programs, all of which will contribute to the further development of the financial services industry for the benefit of the public in Singapore
Privileges We provide affiliated services such as representative and introducer's agreements to AFA(S) members at a fraction of the cost.
Executive Members The AFA(S) Executive Committee oversees all matters related to AFA(S). It includes elected and co-opted representatives, with a maximum of 12 members. Executive Committee 2019-2021 No members at this time.
