Home > Salary > Malaysia > Financial Services Representative
A financial services representative is a professional who assists individuals and businesses in managing their financial needs. They provide advice and guidance on various financial products and services, such as investments, insurance, retirement planning, and estate planning. Their primary responsibilities include assessing clients' financial goals, analyzing their current financial situation, recommending suitable financial solutions, and helping clients make informed decisions.
Financial services representatives also help clients with account management, processing transactions, and resolving any issues or concerns. They build and maintain relationships with clients, ensuring that they receive personalized and relevant financial advice. They stay updated on industry trends and regulations to provide accurate and up-to-date information to clients.
Estimated Yearly Salary: 61,990 MYR
Estimated Monthly Salary: 5,166 MYR
Estimated Weekly Salary: 1,192 MYR per week
Estimated Hourly Salary: 30 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,007 MYR
Estimated Weekly Salary: 1,155 MYR per week
Estimated Hourly Salary: 29 MYR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 12,445 USD
Estimated Monthly Salary: 1,037 USD
Estimated Weekly Salary: 239 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 61,990 MYR
Estimated Monthly Salary: 5,166 MYR
Estimated Weekly Salary: 1,192 MYR per week
Estimated Hourly Salary: 30 MYR per hour
By working as Financial Services Representative a person can save up to 326 USD per month or 3,911 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Financial Services Representative
Last revision of data: 2025-01-04
Data as of 2025
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Financial Services Representative salary in Malaysia
Average Yearly Salary of Financial Services Representative in Malaysia is approximately 61,990 MYR (12,445 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Financial Services Representative do?
A financial services representative is a professional who assists individuals and businesses in managing their financial needs. They provide advice and guidance on various financial products and services, such as investments, insurance, retirement planning, and estate planning. Their primary responsibilities include assessing clients' financial goals, analyzing their current financial situation, recommending suitable financial solutions, and helping clients make informed decisions.
Financial services representatives also help clients with account management, processing transactions, and resolving any issues or concerns. They build and maintain relationships with clients, ensuring that they receive personalized and relevant financial advice. They stay updated on industry trends and regulations to provide accurate and up-to-date information to clients.
Skills: financial services, financial advisor, investment advisor, insurance agent, retirement planner, estate planner
Job industry: Finance
Job industry: Finance
How much does Financial Services Representative make?
Salary details
How much does Financial Services Representative make?Estimated Yearly Salary: 61,990 MYR
Estimated Monthly Salary: 5,166 MYR
Estimated Weekly Salary: 1,192 MYR per week
Estimated Hourly Salary: 30 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 60,080 MYREstimated Monthly Salary: 5,007 MYR
Estimated Weekly Salary: 1,155 MYR per week
Estimated Hourly Salary: 29 MYR per hour
Last revision of data: 2024-01-09Financial Services Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,445 USD
Estimated Monthly Salary: 1,037 USD
Estimated Weekly Salary: 239 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Financial Services Representative job salary compared to average salary in Malaysia.
Comparison shows that a person working as Financial Services Representative in Malaysia earns on average:
0.79 times the average salary (or 79% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Financial Services Representative job salary compared to average salary in Malaysia.
Comparison shows that a person working as Financial Services Representative in Malaysia earns on average:
0.79 times the average salary (or 79% of average salary).
Is Financial Services Representative a well paid job?
No, our data shows that Financial Services Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Financial Services Representative might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Financial Services Representative?
High salary for Financial Services Representative would be somewhere between 68,189 MYR and 89,886 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Services Representative in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 61,990 MYR
Estimated Monthly Salary: 5,166 MYR
Estimated Weekly Salary: 1,192 MYR per week
Estimated Hourly Salary: 30 MYR per hour
By working as Financial Services Representative a person can save up to 326 USD per month or 3,911 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Financial Services Representative
Thailand is 5,056 USD
Indonesia is 7,421 USD
Singapore is 46,891 USD
Brunei is 21,900 USD
Vietnam is 2,798 USD
Philippines is 2,754 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Malaysia
(927,752 MYR per year, pre-tax.)
2. Cardiologist
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Furniture restorer (57,954 MYR per year, pre-tax.)
Weather broadcaster (75,914 MYR per year, pre-tax.)
Screenwriter (96,259 MYR per year, pre-tax.)
Aquacultural manager (82,173 MYR per year, pre-tax.)
Clinical educator (107,998 MYR per year, pre-tax.)
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