Born in Singapore and built on the belief that financial markets should serve everyone, PhillipCapital has evolved from a brokerage to a global financial leader.

With over one million clients and US$65 billion in assets, PhillipCapital has earned its place as a trusted financial partner — serving generations of investors across the globe.

Beginning as a brokerage in 1975, PhillipCapital has grown into a leading integrated financial house with a dynamic global presence. Headquartered in Singapore, the firm operates across 15 key financial hubs, including Australia, Cambodia, China, Hong Kong SAR, India, Indonesia, Japan, Malaysia, Thailand, Turkey, the United Kingdom, the United Arab Emirates, the United States (US), and Vietnam. Today, PhillipCapital serves over one million clients worldwide with assets exceeding US$65 billion, offering trusted, multi-generational financial guidance that has evolved alongside the people it serves.

Executive Chairman Mr Lim Hua Min has, over the years, held to a winning formula when engaging with clients and partners. He believes in fostering a “positive-sum” relationship rather than a zero-sum game – or worse, a negative-sum game. “My philosophy in life is very straightforward: if I partner with you, I must ensure that you can win; then, both sides win. Otherwise, if I win and you lose, I’ll always have to look over my shoulder, wondering if you will stab me,” says Mr Lim.

Mr Lim Hua Min with senior management commemorating the firm’s golden jubilee at the Fullerton Hotel Singapore in April 2025

With a steadfast commitment to excellence, the firm empowers clients with the insights and tools necessary to grow and manage their wealth across life stages and generations. Its client-centric approach ensures personalised strategies for retail investors, high net-worth individuals, family offices, and corporate institutions. This includes helping families plan for and manage intergenerational wealth, with solutions tailored to preserve and grow assets across life stages.

In Singapore, where the firm was founded and continues to anchor its operations, a combined sales force of over 900 financial specialists, comprising financial advisory representatives, trading representatives, and fund management professionals, supports the delivery of tailored solutions built on long-term relationships and trust.

Led by an experienced management team based in Singapore, PhillipCapital draws on its entrepreneurial roots and deep regional expertise to navigate Asia’s evolving financial landscape with agility, resilience, and a strong sense of purpose anchored in its founding values.

Offering a comprehensive suite of financial services, PhillipCapital provides brokerage solutions for securities, futures, and foreign exchange, alongside securities borrowing, lending, and financing. The firm provides diversified portfolio management, facilitating trading across bonds, precious metals, and commodities while offering access to unit trusts, contracts for difference, and exchange-traded funds (ETFs).

Beyond investment solutions, the firm delivers fund management, insurance planning, and corporate finance advisory services, ensuring financial security for both individuals and institutions. The firm also supports clients with intergenerational wealth planning, helping families navigate transitions in financial responsibility and legacy.

Mr Lim Hua Min meets then Emperor of Japan Akihito during his state visit to Singapore in 2006

INNOVATION AND MARKET EXPANSION

Innovation has been a cornerstone of PhillipCapital’s continued growth. Through strategic investments in research and development, the firm enhances accessibility, diversifies investment opportunities, and deepens client engagement. By combining innovation with financial discipline, it sets the standard for wealth management and investment across Asia and beyond - reaffirming its position as an industry leader.

In 1996, PhillipCapital pioneered digital financial services in Singapore with the launch of POEMS, the first online trading platform for retail investors. The platform was a breakthrough in financial accessibility, empowering retail investors with real-time market access and digital tools that were previously available only to institutional clients.

Expanding on this foundation, the firm launched POEMS Mobile 3, an app designed for modern investors seeking speed, simplicity, and control. Beyond trading, the app supports financial learning and community engagement, reflecting the firm’s commitment to empowering investors through both technology and education. The firm also broadened market accessibility with the introduction of US Asian Hours in July 2022, becoming the first brokerage in Asia to offer marketmaking services for US equities and ETFs during Asian market hours. This groundbreaking development allows clients in Asia to trade US-listed securities from 9:00 a.m. to 5:00 p.m. Singapore time, expanding market access and strengthening global connectivity.

Building on its legacy of embracing digital transformation, PhillipCapital introduced Symphony Digital Assets in February 2024, a secure digital asset custody service powered by Fireblocks’ technology. Designed to address the growing demand for digital asset investment, this platform ensured secure storage and transactions - marking the firm’s initial foray into blockchain-driven financial solutions.

Additionally, PhillipCapital has strategically expanded its investment offerings to include alternative assets such as wine-based tokens, providing avenues for high-net-worth investors to further diversify their portfolios beyond traditional markets.

Mr Lim Hua Min addressing remisiers in a rare glimpse into Singapore’s trading halls of the past

Recognising the potential of artificial intelligence (AI) in augmenting financial decision-making, PhillipCapital integrated AI into POEMS in 2020. Strengthening its trading ecosystem with the 2020 launch of an AI-driven stock discovery module, this advanced tool uses complex algorithms to identify trading opportunities that complement individual investor profiles. By streamlining investment processes and delivering personalised insights, PhillipCapital reinforces its commitment to a seamless, data-driven approach – one that adapts to evolving needs and supports wealth management across generations.

As part of its commitment to increasing productivity and embracing next-generation tools, PhillipCapital is actively exploring the use of AI and robotic process automation to enhance efficiency and effectiveness across the organisation.

“We will be supportive and try out new ideas. It might not be easy because it is new, but we will try. It is our part in nation-building,” says Mr Lim.

Young talents and future leaders driving innovation and growth together

WORKFORCE EMPOWERMENT AND ORGANISATIONAL EXCELLENCE

As a forward-looking employer, PhillipCapital is committed to attracting and retaining talent who want to shape the future of finance, offering meaningful career pathways and opportunities to make a real impact. This philosophy is reflected in its approach to talent development and recruitment.

PhillipCapital promotes a skills-first talent strategy, where recruitment, development, and performance management are driven by expertise rather than formal qualifications alone. By prioritising skills-based hiring, the firm assesses candidates on demonstrated capabilities, reinforcing a culture of meritocracy and technical excellence. Taking pride in identifying and nurturing talent beyond traditional frameworks, PhillipCapital emphasises practical evaluations over academic credentials to recognise true professional ability.

Guided by a holistic strategy, talent management at PhillipCapital emphasises staff engagement, continuous learning, and technological advancement - fostering an environment where innovation thrives. From attracting entry-level professionals, to integrating experienced professionals transitioning from other industries, the firm actively values transferable skills, recognising the importance of wide-ranging expertise and diverse experiences. Employees are empowered to grow with the firm; gaining exposure to cross-border projects, emerging asset classes, and the chance to contribute to digital innovations that redefine investor experiences.

Top Qualifiers, Partners and select staff from Phillip Wealth Advisory at the PhillipCapital Convention in Okinawa, Feb 2025

PhillipCapital embraces a progressive organisational structure, encouraging open communication and cross-collaboration between business functions. By adopting an agile framework, the firm streamlines operations, boosts efficiency, and fosters innovation through knowledge-sharing. This enables the firm to harness the strengths of its multi-generational workforce – from Gen Zs entering the workforce to Millennials stepping into leadership roles. This cross-generational diversity supports mentorship, leadership development, and succession planning grounded in shared values and experience.

Reflecting its commitment to diversity, equity, and inclusion (DEI), PhillipCapital’s workforce is well represented across a range of working-aged generations, backgrounds, and nationalities. The firm also actively champions DEI initiatives, drawing inspiration from the Chartered Financial Analysts (CFA) Institute’s DEI Code - a framework it is working toward formally adopting. The overarching goal is to foster an equitable, inclusive workplace, where employees from varied backgrounds are empowered to succeed.

DEVELOPING LEADERS, ENRICHING COMMUNITIES

Beyond its internal initiatives, PhillipCapital plays a pivotal role in developing the financial talent ecosystem through strategic partnerships with the Institute of Banking and Finance (IBF) and Workforce Singapore. Under these partnerships, the firm supports outreach efforts that include career talks, panel discussions, and publicity campaigns aimed at mid-career professionals transitioning into the financial sector. By fostering a supportive environment for industry entrants and career switchers, PhillipCapital strengthens its talent pipeline while contributing to the broader development of the financial workforce.

The firm remains steadfast in its commitment to financial literacy, professional development, and community engagement, reinforcing its dedication through alliances with key industry partners. It collaborates with the Financial Planning Association of Singapore (FPAS) to host certification exams and training sessions, ensuring financial representatives possess the necessary skill sets and expertise to provide sound financial advice. In its advocacy for continuous learning, PhillipCapital partnered with Havenport Investments in 2024 to co-host the Back to the Future symposium – offering upskilling opportunities for financial professionals through expert-led discussions on market trends and investment strategies.

The firm also supports the Remisier Development Programme. Aiming to strengthen the remisier community to better assist investors, the programme focuses on emerging investment opportunities to help enhance Singapore’s capital market. Spearheaded by the Singapore Exchange (SGX), the Society of Remisiers, and the Securities Association of Singapore, the programme benefits from PhillipCapital’s ties to Managing Director Mr Luke Lim, who also chairs the association.

Beyond the financial sector, PhillipCapital extends its impact through meaningful community engagement. Working with the Social Service Office in Geylang Serai, the firm supported lower-income families through educational initiatives, sponsoring weekly tuition lessons for secondary school students. It also helped organise financial literacy programmes for primary school students, providing them with early exposure to essential financial concepts.

These programmes reflect PhillipCapital’s belief that financial empowerment begins with education and that informed individuals make stronger investors, families, and communities. In recognition of these efforts, the firm was honoured with the Community Cares Award in 2024, a testament to its commitment to social responsibility. Through its partnerships with IBF and FPAS and community outreach efforts, it reinforces its role as a responsible, values-led institution.

RESILIENCE, MARKET STABILITY, AND LOOKING AHEAD

PhillipCapital has navigated significant challenges, including the collapse of Pan-Electric Industries in 1985 which led to an unprecedented three-day suspension of the Singapore and Malaysian stock exchanges. The crisis exposed vulnerabilities within the financial system that called for urgent structural reform. As a key industry participant at the time, Executive Chairman Mr Lim Hua Min supported broader efforts to restore market confidence. The aftermath of the crisis catalysed significant improvements to market infrastructure, including the establishment of the Central Depository in 1987. A key advancement that improved securities settlement and risk management across Singapore’s capital markets.

This event reinforced PhillipCapital’s enduring commitment to market stability, investor confidence, and regulatory safeguards. Under Mr Lim’s leadership, the firm championed more robust risk controls and strengthened regulatory frameworks to prevent similar disruptions. Recognising the importance of trust during volatility, he instilled a corporate philosophy rooted in prudence, fiduciary responsibility, and client-centric service – principles that continue to guide the firm’s approach today.

The crisis also underscored the transformative potential of technology in financial markets. As the industry evolved, PhillipCapital emerged as an early adopter of digital solutions. By pioneering digital financial accessibility, the firm reinforced its position as an industry innovator, empowering clients through seamless digital engagement and forward-thinking financial solutions.

PhillipCapital’s evolution reflects its steadfast commitment to innovation, resilience, and excellence. Through trailblazing digital solutions like POEMS, strategic market expansion initiatives such as US Asian Hours and Symphony Digital Assets, the firm has consistently anticipated the changing needs of investors. Its forward-thinking approach to talent development and technology adoption has reinforced the firm’s position within the global financial landscape.

PhillipCapital’s dedication to financial literacy, regulatory advocacy, intergenerational wealth planning, and investor protection underscores its broader mission: to empower individuals, families, and institutions to build and preserve wealth across generations. As it looks ahead, PhillipCapital continues to shape the future of wealth management across Asia and beyond.