Phillip Securities, the brokerage arm of PhillipCapital, has released its latest Securities Advisory module on its wealth management platform.
The new feature will now allow Phillip Securities’ clients to access, view and approve advisory orders when their trading representatives create new advisory orders for them on the platform.
Users will be notified of new orders via email.
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They can also monitor their stock holdings, view past orders and approve unit trust advisory orders on the wealth management platform.
"Our retail clients find great value in Securities Advisory Service. Since the launch, asset-under-advisory (AUA) has grown close to $200 million… Further supported by our global research capabilities, [our trading representatives] have been able to provide stock picks to meet the needs of any serious investor,” says Eugene Lai, senior manager, partnership department at Phillip Securities.
“With the addition of Listed Securities, including ETFs, the platform's capability as a multi-product advisory platform has strengthened. We want our trading representatives to effectively create advisory orders for secured approval by investors within the platform. We believe this is the future model for stock brokers," Lai adds.
