Financial Licenses in Japan

In Japan, there are various qualifications and certifications for providing advice and guidance in the field of finance and investment. Here are some of them:

1. CFA® (Chartered Financial Analyst):

The CFA qualification is internationally recognized and is aimed at individuals pursuing a professional career in the finance field. It is offered by the CFA Institute and requires passing a series of exams and meeting certain work experience requirements. CFA is valuable for careers in areas like securities analysis, asset management, and portfolio management.

2. CFP® (Certified Financial Planner):

The CFP qualification is for professionals who provide comprehensive financial planning and advice to individuals and households. It is awarded by the Certified Financial Planner Board of Standards, Inc. (CFP Board) and requires completing specific education requirements and passing an exam.

3. Investment Adviser Skills Examination:

The Investment Adviser Skills Examination is for individuals seeking to provide advice on and sell financial products. It is administered by the Japan Securities Dealers Association (JSDA) and is related to careers in investment advisory and securities firms.

4. Certified Financial Planner (Japan FP Association):

Certified Financial Planners recognized by the Japan FP Association can provide advice on financial planning and retirement planning. To obtain this certification, individuals need to meet specific education requirements and pass an examination.

5. Securities Sales Representative Qualification:

The Securities Sales Representative Qualification, which includes Type 1 and Type 2 qualifications, is required for individuals involved in trading and recommending financial products at securities firms. These qualifications are regulated by the Financial Instruments and Exchange Act and are awarded by the Japan Securities Dealers Association (JSDA).

Investment advisory services

Investment advisory services, on the other hand, typically do not require specific qualifications or certifications in Japan. However, investment advisory firms are regulated by the Financial Services Agency (FSA), and they must register with the FSA to operate legally. Registration as an investment advisory firm involves meeting certain requirements, including having qualified representatives and complying with regulatory standards.

In summary, while there are various qualifications and certifications for careers in finance and investment in Japan, providing investment advisory services may require registration with the regulatory authorities but does not necessarily mandate specific professional certifications.