PhillipCapital Strengthens Advisory Business Through New Client Relationships from Sony Life Financial Advisers

SINGAPORE, 25 August 2025 – Phillip Securities Pte Ltd (“Phillip Securities”), a wholly owned member of the PhillipCapital Group, will take over client relationships from Sony Life Financial Advisers (Singapore) Pte Ltd (“SLFA”), ensuring continuity of service, trusted financial advice, and long-term relationship support.

The handover follows SLFA’s strategic decision to wind down its financial advisory operations in Singapore as part of a planned exit, with SLFA shifting its focus to strengthening its local business in Japan. Both firms have worked closely together in recent months to ensure a smooth and seamless transfer, preserving client relationships and maintaining high service standards.

Ms Lisa Lee, Executive Director, Wealth Management, PhillipCapital said:“We are honoured to welcome SLFA’s clients into the PhillipCapital family. We deeply appreciate SLFA’s trust in us. Our priority is to ensure that every client feels supported, respected, and well served throughout this transition. This is not just a handover; it is a continuation of trusted relationships. We are committed to providing a seamless experience, backed by our global capabilities, local insights, and longstanding commitment to service excellence.”

Mr Yoshiki Moriyama, Managing Director and CEO of Sony Life Financial Advisers Pte Ltd, said: “We believe Phillip Securities is well-equipped to ensure a seamless transition. With their strong expertise and infrastructure globally, including Japan, they are well-positioned to uphold the high service standards our clients are used to, while also providing access to a wider range of financial solutions, including investment products.”

For PhillipCapital, the transfer represents a meaningful opportunity to deepen its presence in Singapore’s wealth management and insurance advisory landscape, while staying true to its client-first philosophy. It builds on the Group’s longstanding track record of serving both retail and high-net-worth clients and reflects its ongoing ambition to grow through trust-based, relationship-driven engagements.

The process has been jointly managed with the support of professional advisers and in consultation with relevant regulatory authorities. Approximately 1,500 SLFA clients will be seamlessly onboarded onto Phillip Securities’ advisory platform, with no lapse in service or change to existing policy terms. Clients are not required to take any action to maintain their coverage, and no additional fees or charges will be incurred. Each client will be contacted directly and be introduced to a new Phillip Securities adviser to ensure continued support and service.

As they transition to Phillip Securities, clients will gain access to a comprehensive suite of investment, insurance, and wealth planning services, delivered by licensed professionals trained to serve with empathy, integrity, and cultural understanding. Language support, including for Japanese-speaking clients, will also be made available where needed.

With 50 years of experience in Singapore, PhillipCapital offers deep expertise, robust infrastructure, and a footprint across the island through its nine Phillip Investor Centres. Backed by the Group’s global footprint spanning more than 15 locations, Phillip Securities is well-positioned to support evolving client needs through internationally diversified strategies and integrated financial solutions. The move also reinforces PhillipCapital’s long-term ambition to strengthen its leadership in the financial advisory sector, expanding its client base, deepening service offerings, and delivering globally connected advice across investment and protection needs. It underscores the Group’s continued investment in people, platforms, and partnerships, and its belief that trusted advice, delivered consistently and professionally, remains the foundation for long-term success in today’s evolving financial landscape.

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About PhillipCapital

Since its inception as a stockbroker (Phillip Securities) in 1975, PhillipCapital has grown into an integrated Asian financial house with a global presence and offers a full range of quality and innovative services to retail and high net worth individuals, family offices, as well as corporate and institutional customers.  

PhillipCapital offers a comprehensive suite of financial products and services includes broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange traded funds, fund management, managed accounts, insurance planning, regular savings plan, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions.

Today, the company headquartered in Singapore, operates in the financial hubs of 15 global locations including Australia, Cambodia, China (and Hong Kong SAR), India, Indonesia, Japan, Malaysia, Singapore, Thailand, Turkey, UK, UAE, USA and Vietnam, serving over 1.5 million clients with Assets Under Custody exceeding US$65 billion.