CIMB WEALTH ADVISORS BERHADThis is a featured page

CIMB Wealth Advisors Berhad

CIMB Wealth Advisors Berhad provides a comprehensive range of unit trust funds for individuals and institutional investors in Malaysia. Incorporated in 1990, it has grown into one of the largest retail distribution arms in the unit trust industry with its dynamic sales force of more than 4400 FMUTM- (Federation of Malaysian Unit Trust Managers) registered consultants including financial planners at 35 regional, branches and sales offices located throughout the country. CIMB Wealth Advisors Berhad is a subsidiary of CIMB Group, housed under CIMB Group Asset Management. The synergy from the integration of the companies under the Group Asset Management brings together a powerful range of strengths, enabling the development of innovative products distributed through multiple channels.

CIMB Group

CIMB Group is Malaysia’s second largest financial services provider which is listed on Bursa Malaysia via Bumiputra-Commerce Holdings Berhad (BCHB). In 2004, CIMB Group began the process of creating a strong and competitive universal bank anchored by Commerce International Merchant Bankers (CIMB), the region’s largest investment bank. Leveraging on its brand and management, it took four strategic acquisitions worth RM12.8 billion involving Commerce-Principal, GK Goh Securities of Singapore, Bumiputra-Commerce Bank and Southern Bank. The Group recently announced an internal reorganisation of BCHB to consolidate BCHB’s insurance and Indonesian banking operations into CIMB Group. Hence, in just two years, CIMB transformed itself from Malaysia’s no. 1 investment bank into a regional universal banking group. The CIMB Group has grown from a staff strength of 1,000 in Malaysia to 20,000 in 12 countries while its market capitalisation has increased from RM6.3 billion to RM20 billion. The group's total assets grew from RM14.7 billion to RM155 billion with a further RM18 billion being third party funds under management.

CIMB Group

A strong belief that customers require comprehensive and seamless service which meets the entire spectrum of their financial needs, the CIMB Group now has various range of financial products and services; both conventional and Islamic, enabling it to serve everyone from largest corporations to the smallest retail customers through three main brand entities:
    • CIMB Bank (including Bumiputra-Commerce Bank and Southern Bank , the consumer banking arm; which represents personal banking, business banking and direct banking
    • CIMB Investment Bank (formerly known as Commerce International Merchant Bankers), the investment banking arm; which represents investment banking, corporate banking, asset management and private banking
    • CIMB Islamic (formerly known as Commerce Tijari) which exists as a comprehensive Syariah compliant parallel bank for all the products and services within the Group.
The Principal Financial Group

The Principal Financial Group is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through diverse family of financial services companies and national network of financial professionals. A member of the Fortune 500, the Principal Financial Group has $206.0 billion assets under management and serves 16.3 million customers worldwide.

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