Market Recap | Corporate Actions | BPI Wealth Management to BPI Wealth - A Trust Corporation
Carlos Payumo Garcia, CLSSBB
WFIS Wealth Management Expert of the Year 2024 | Six Sigma Black Belt | GCash | Treasury Transformation | Governance & Projects Head | Capital Markets
Formerly known as BPI Asset Management and Trust Corp. announced their change name for the purpose of connecting with various client segments that promotes company's products and expertise as a leader in Wealth Management space.
“At BPI Wealth, we will continue to be your trusted partner in navigating volatile financial markets, in guiding investment decisions, in constructing portfolios, and in creating a legacy for future generations. We will continue to offer the best-in-class asset and wealth management solutions to enable you to live your best life,” BPI Wealth President and Chief Executive Officer Maria Theresa D. Marcial
“We recognize that our clients want a name they can trust to address their complex financial needs. They want a name they can trust to help grow their hard-earned money. They want a name they can trust so they worry less about their investments, so they can do more, explore more, and live more. That is our brand promise,” she added.
The company boasted on its strength in investment process, risk management framework, investment professionals and wealth advisors, and a wide range of innovative investment solutions.
Its listed parent BPI soared 66% with a net income of P39.6 billion in 2022 YoY driven by strong loan growth, higher net interest margins and lower provisions.
BPI’s shares fell by P1.70 or 1.6%