Who we are

The PlanPlus Global Awards program was formed in 2013 to further establish financial planning as a recognized profession. We are doing this by bringing public and industry recognition to financial planners who are among the very best in their contribution to the profession.

The competitions that we hold are limited to professional financial planners who have a professional designation and practice solely on what is in the best interests of the client.

Initially, the competition was restricted to three global regions - the Americas, Europe (includes Australia, New Zealand, and Russia) and Asia (includes the Middle East and Africa). The competition has been extended and we now hold National competitions such as the Malaysia Awards (MFPYA).

Malaysian planners must enter the Malaysian competition before they are able to compete in the Global Awards. The MFPYA winners then advance to compete in the PlanPlus Global Awards Asia Region competition.

What We do

For each country there is a founding sponsor. The sponsor is typically a professional association that recognizes the CFP® designation. In 2018 the Awards founding sponsor was the Financial Planning Association of Malaysia (FPAM). They were joined by endorsements from the Islamic Banking and Finance Institute Malaysia (IBFIM), and the Malaysia Financial Planners and Advisers Association (MFPAA) who graciously circulated news of the Awards to their members.

To our knowledge The Malaysian Financial Planner of the Year Award (MFPYA) competition is different from any other competition in the financial services industry. We have a two stage adjudication process.

A planner enters the competition by completing an online application. Rather than creating a new plan, we ask the planner to enter an existing plan from their files. The confidentiality of the client is always strictly maintained. In stage one of the competition, the planner is asked to answer eight important questions about their entry. The answers to these questions are then scored by a panel of five expert judges to determine the finalists.

Finalists are then invited to submit a fully redacted plan for the second stage of the competition in which the winners are determined. During both stages of the competition the judges use a scoring rubric unique to each respective stage. The rubrics can be downloaded ahead of time by the competitors so they know exactly how the judges will score their entry. The rubrics are returned to all competitors after the adjudication closes, with comments from the judges designed to help the planners improve. What the judges are looking for is the plan that created the most value for the client.

Note: there is absolutely no requirement for any competitor to use PlanPlus financial planning tools on the plan they are submitting. The judges are not told what software is used by any entrant as it has nothing to do with adding value to the planners’ clients.

Why it’s important

Often the public does not recognize the enormous value that is derived from working with a professional financial planner - that may have nothing to do with buying a product. We believe that by posting examples of how our winners have helped their clients lead more meaningful lives, helps in a small way to better inform people as to what is possible.

Most financial planners have very little feedback, if any, as to the quality of their planning. Entering the competition provides feedback from expert judges as to how they are doing. This feedback can be invaluable. That is why some planners are now entering every year! We have stories from planners telling how a judge’s advice changed the way that they practice.

Dedicated to you

This competition is dedicated to you, the professional financial planners, who work passionately to help their clients to improve the quality of their lives. All of our sponsors recognize the meaningful contribution that planners make to people’s lives. PlanPlus is honored to contribute our support.

rewards of competing

There are lots of rewards for competing:

  • Each finalist will receive a written critique from a distinguished panel of judges. This is a rare chance to have the quality of your work reviewed by experts. We know of a number of advisors who use the occasion of this competition to evaluate if they are really growing as planners

  • We also provide each competitor with an attractive “competition certificate” suitable for framing. Whether you win or not, the entry you sent it probably made a significant impact on someone’s life.

  • There will be national and local publicity for the winners. We want Malaysians to understand the incredible value that financial planning can add to their lives.

  • First Prize RM3000 + Trophy & Plaque

  • Second Prize RM2000 + Trophy & Plaque

  • Third Prize RM1000 + Trophy & Plaque

  • The Malaysian winners will automatically be entered into the PlanPlus Global Financial Planning Awards competition for the Asia region. The winner of the Asia region will receive round-trip airfare, 5 star accommodations and admission to the FPA Annual Conference 2019 in Minneapolis, Minnesota, USA from Oct. 16-18 (airfare and hotel limited to $3,500 USD). The winners will be presented with their awards during the PlanPlus Global International Breakfast which will be held in conjunction with the FPA Conference.

Note: In the event someone wins but is unable to attend the 2019 FPA Conference to receive their award, they could defer the trip for one (1) year and choose to attend the 2020 FPA Conference.

join us now

Most financial advisors think of us only during a short time of year when the competition is open. We are changing! In the future we plan to offer a blog and podcasts totally dedicated to helping financial planners of all stripes. JOIN OUR MAILIING LIST to make sure that you get communications about all web offers, direct from the horse’s mouth.