EXECUTIVES of the BPI Asset Management and Trust Corp. (DBA BPI Wealth) are reviewing the company’s targets for 2030 after ending the second quarter with P1.63 trillion in assets under management.
‘[But] That’s just for BPI wealth,’ BPI Wealth President and CEO Maria Theresa D. Marcial said last Thursday. ‘So if we look at the total asset and wealth management business of the whole BPI group, that’s P1.9 trillion.’
Marcial earlier said that the asset and wealth management arm of the Bank of the Philippine Islands (BPI) is targeting assets under management of P3 trillion.
The whole asset and wealth management segment of BPI which includes other legal entities with assets under management that it has in Hong Kong, Singapore and private banking clients whose assets are maintained with a parent bank.
Marcial said the bank would like to grow its share of between 20 percent and 21 percent of the entire trust industry.
‘Well, as in any business, we always want to grow our market share and take a bigger share of what we call bigger capture of the market. And we just want to continue to add each year, gain more market share. And also, the market is growing so all the other players will also continue to grow,’ she added.
BPI Wealth has about 1.3 million customers, compared with BPI’s entire customers of about 18 million.
‘The 50 million customers, I think that continues to be the goal. So we’ve run many aggressive campaigns across all segments. We want to grow to 50 million; the bigger share would be the core mass, the mass retail customers,’ Marcial told reporters in a forum on October 2.
For the entire October, the company will celebrate its Wealth Wellness Month, a call for Filipinos to rethink and reshape their relationship with money.
Wealth Wellness Month has become BPI Wealth’s flagship program to raise awareness and guide Filipinos through every stage of their financial journey. This year, it evolves under the theme ‘Own Your Future,’ a call to action for every Filipino to secure their tomorrow.
‘Financial wellness should not be a privilege reserved for a few-it must be accessible, practical, and transformative for all. We want to remind Filipinos that they have the power to take charge of their finances through informed, consistent, and confident decisions,’ Marcial said.
To bring the theme to life, Wealth Wellness Month 2025 will be anchored on four key events, each designed to influence a distinct audience segment to take charge of their financial journey: graduating students, young professionals, entrepreneurs and corporations.
By tailoring the conversation to the unique needs of these groups, Wealth Wellness Month creates a holistic platform where every Filipino can see themselves reflected in the call to own their futures.
The month culminates on October 25 with the Wealth Summit, a gathering designed for emerging professionals, with a special focus on Gen Z and Millennials.