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Talented wealth creation professionals in demand

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Hairdressers look after your hair and doctors look after your health, but when it comes to finances in Macau there are not many caretakers.

There are very few certified financial planners (CFPs), registered financial planners (RFPs) or chartered financial analysts (CFAs) working in the city.

A spokesman for Luso International Banking said while the qualifications were recognised in Macau's banking industry, the enclave didn't attract these professionals.

Due to the region's labour shortage there was a strong demand for 'talented wealth creation professionals'.

Maggie Fu, assistant professor of finance at the University of Macau, said there were no courses on offer in Macau specialising in financial planning.

She said Macau had traditionally looked to Hong Kong for these skills and there were only a select few senior managers in the region with CFP or CFA qualifications.

'Due to the proximity most people would see Hong Kong as the best place to find these sort of people,' said Dr Fu.

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