“Corporate UTS Adviser” or “CUTA” means a licensed financial planner registered with FIMM and authorised to market and distributed unit trust schemes of another party.

Registration of CUTA

Eligibility for registration of CUTA

Pursuant to FIMM’s Consolidated Rules, the eligibility requirements for registration as an IUTA is a corporation which is:-

 (1) Is a holder of Capital Market Services License (“CMSL”) to carry out the regulated activity of:

        (a) Financial planning; and

        (b) Dealing in securities or dealing in securities restricted to unit trust schemes; and

(2) Possess a professional indemnity insurance contract that  indemnifies the corporation,its officers and its UTS  Consultants against claims,with a minimum coverage of Ringgit Malaysia Two Hundred Thousand (RM 200,000) at all times.

 

Submission for Registration as CUTA

For submission of documentation for the application of registration as CUTA, please click here

CUTA Fee Structure

For CUTA that is related to financial institutions:

  • Application Fee: RM10,000
  • Annual Fee: RM20,000

For CUTA that is not related to financial institutions:

  • Application Fee: RM2,000
  • Annual Fee: RM500

List of CUTA

  1. A.D. Financial Sdn Bhd
  2. Bill Morrisons Wealth Management Sdn Bhd
  3. Blueprint Planning Sdn Bhd
  4. CC Advisory Sdn Bhd
  5. Excellentte Consultancy Sdn Bhd
  6. FA Advisory Sdn Bhd
  7. Finwealth Management Sdn Bhd
  8. Fin Freedom Sdn Bhd
  9. Genexus Advisory Sdn Bhd
  10. Harveston Wealth Management Sdn Bhd
  11. Legacy Advisory Sdn Bhd
  12. Magnisave Group Sdn Bhd
  13. Standard Financial Adviser Sdn Bhd
  14. UOB Kay Hian Wealth Advisors Sdn Bhd’s
  15. VKA Wealth Planners Sdn Bhd
  16. Wealth Vantage Advisory Sdn Bhd
  17. Whitman Independent Advisors Sdn Bhd
  18. YES Financial Sdn Bhd