Launched in 2007, the Outstanding Financial Management Planner Awards (Chinese Mainland) (OFMP) are co-organised by the HKIB, China Banking Association and Financial News to recognise practitioners who excel in the financial planning and wealth management profession. Amidst increasing awareness of the importance of financial planning and wealth management, the HKIB strives to enhance the competency and integrity of financial planners and wealth management practitioners in Chinese Mainland through this Awards programme.
Eligibility & Application
The Awards are open to financial/wealth management planning practitioners in the banking and financial services sectors in Chinese Mainland. Applicants shall be aged 18 or above with endorsements from current employer. Please download and read OFMP (Chinese Mainland) Leaflet for further details of the call for entries.
Applicants can choose to enter one of the following categories, based on their years of work experience and the nature of their practice:
Applicants are required to submit written financial plans in Round 1 and Round 2. Shortlisted applicants are required orally present their plans to judges in the Final Round.
Timeline
| Date |
Detail |
|
24/03/2025
|
Open for Applications
|
|
25/04/2025
|
Application Deadline
|
|
13/06/2025
|
Submission Deadline for Round 1: Written Financial Plan
|
|
18/07/2025
|
Round 1: Results Announcement
|
|
20/08/2025
|
Submission Deadline for Round 2: Written Financial Plan
|
|
19/09/2025
|
Round 2: Results Announcement
|
|
17/10/2025
|
Final Round: Oral Presentations
|
|
21/11/2025
|
Presentation Ceremony
|
Judging Criteria
| Item |
Weighting |
Trust Establishment
- Undergoing a meaningful due diligence process for the purpose of understanding the person
- Build trust with customers
|
10% |
Understanding Objectives
- Understand purpose of life and event planning for different life stages and challenges facing family situations
- Determine customer''s current wealth stage – creation, accumulation, protection or distribution
|
20% |
Undergoing Financial Assessment
- Collect financial and personal data e.g. income and expenses, assets and liabilities
- Net worth and cashflow analysis, current and future inflows and outflows of capital
- Current asset and liabilities vs future ones such as tax and estate liabilities
- Evaluate and identify current and future financial gaps
|
30% |
Structuring Financial Plan
- Formulate personal financial strategy and propose solutions and alternatives
- Clearly explain potential risk to customers
- Financial plan has to be easy to understand and clear
|
30% |
Timely implementation and Expectation Management
- Develop a detailed action plan checklist and a detailed review schedule as per the strategy and the purpose of each review and anticipated actions
- Develop a mechanism to facilitate communications with the customer in the long run
|
10% |
Assessment Process
| Stage |
Details |
| Round 1 |
Participants submit written financial plan |
| Round 2 |
Participants submit written financial plan |
| Final Round |
Oral Presentations to judges |
