Certificate in Advising Small and Family Businesses (Cert. ASFB)

Certificate in Advising Small and Family Businesses (Cert. ASFB)

Course Modules

Here are the 6 Modules to be covered in the course:

Module 1 provides an overview of advising small business owners and the potential opportunities a financial planner can generate. Learners will gain a comprehensive understanding of the 12 different challenges that every business owner will potentially encounter, apply the Enterprise Risk Management Framework, and appreciate how insurance and investment products can be structured to effectively manage them. Learners will also be equipped to apply various conversational frameworks to effectively engage business owners and employ more than 15 ideas that the conversations will lead to.

Module 2 provides a qualitative analysis framework for understanding the business environment, identify opportunities with any business, and deploy effective solutions using insurance and investment suite of products. Learners will develop a holistic understanding of where to start, what to look for, and how to engage their prospective clients from the pre-approach to the closing phase of the planning process.

Module 3 provides a quantitative analysis framework to identify potential challenges within the business such as guarantor, creditor, or debtor exposure, working capital inadequacies, and other financial uncertainties a business owner face.  Learners will develop competencies to quickly assess a company’s financial situation and identify financial exposures that could impact the business owner and his family, and deploy suitable solutions using insurance products to address them.

Module 4 discusses the importance of exit and business continuity planning, and examines the various exits structures funded by life insurance. Learners will learn how to use insurance products to fund the exit of a business owner in different business structures, from sole proprietors to partners and private limited company shareholders.

Module 5 Examines in greater detail the business continuity planning framework, and how to protect the keyman of a company. Learners will also develop competencies to apply different talent retention strategies that can be used to retain key employees for the long-term benefit of the business using insurance and investment products.

The final module Addresses the challenges and concerns of family businesses. Learners will develop competencies in analyzing family businesses, and identify family dynamics and potential opportunities that could arise in the engagement. The key takeaway will be how to implement insurance and investment solutions to mitigate the different challenges and complex situations facing family business owners, such as succession, retirement and equalization planning.

S$2,000 before 80% IBF-FTS Funding.

Payment after Funding:   S$400* subject to GST (including 6 lessons)
*With the IBF-FTS Funding, the course fee to pay is ONLY 10% upon registration! Click Here to find out more!

This 21-hour program is delivered through short-structured lectures, case studies and group discussions. There will be an online assessment at the end of the program. Upon completion of this program, you will be awarded with 21 non-core CPD Training Hours and the Certificate of Completion, Cert. ASFB.

–  80% of direct training cost for Singapore Citizen below 40 and all PRs, who are eligible for the IBF-FTS funding;
–  Singapore Citizens aged 40 years old and above will be eligible for 90% co-funding of direct training costs.
If you are  licensed Agents or Representatives in financial industry, IBF allows personal payment of the nett fee with a letter of support from your principal company upon registration. If you are an employed staff, only employer-sponsored courses are eligible for the funding. FP will assist to claim for the IBF-FTS Funding. Students have to fulfil the funding requirement, or the full course fee should be claw back by the training provider.

Individuals may use the SkillsFuture Credit to pay the 20% nett course fee if available.

*TAG is at the rate of S$10 per training hour from Jul 2021 till Jun 2022. Company-sponsored candidates (or eligible candidates with Letter of Support) may get the TAG via company submission.

Eligible Individuals#
Only company-sponsored individuals+; and Include licensed representatives such as insurance agents, financial advisers, and remisiers supported by FI principal and General insurance (GI) agents registered with the General Insurance Association’s (GIA) Agent Registration Board
Singapore Citizens or Singapore Permanent Residents, physically based in Singapore; and
Successfully completed FTS recognised  programme (including passing all relevant assessments and examinations).
For full details, please visit IBF website

Learners who completed this program will also be part of an exclusive alumnus, and gain access to our regular alumni meetings to be informed of the latest developments in the practice. There would also be workshops conducted by various practitioners in related fields.

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Jun 27 2022


2:00 pm - 5:30 pm
Register Now



    Ronald has a “3-E Mission” in the Marketplace: to Educate the public about the importance of financial planning, to Encourage them to take practical actions for their financial future, and to Empower them to make the right choices with a positive attitude to take personal responsibility about their financial future.