"This is not just a handover; it is a continuation of trusted relationships," says Lisa Lee, executive director, wealth management at PhillipCapital.
Phillip Securities, a subsidiary of PhillipCapital, will be taking over some 1,500 client relationships from Sony Life Financial Advisers (Singapore), following the latter's plans to wind down its financial advisory, so as to focus on Japan, its home market.
For PhillipCapital, the transfer is a way to deepen its presence in Singapore’s wealth management and insurance advisory landscape.
