What Philippine Equity Partners does

Philippine Equity Partners, Inc. (PEP) is a private, independent, and locally-owned institutional stock brokerage firm incorporated on October 2, 2001, to take over the Philippine stockbroking business of BofA Securities. The firm operates with Broker ID 338 as a Trading Participant of The Philippine Stock Exchange Inc. (PSE) and is a member of both the Securities Investors Protection Fund (SIPF) and the Securities Clearing Corporation of the Philippines (SCCP). PEP is headquartered at the 10th floor of PSE Tower One Bonifacio High Street in Taguig City, with a regional office in Cebu City.

PEP's core product is institutional trade execution on the PSE, complemented by co-branded equity research delivered in partnership with BofA Securities. The firm holds Broker ID 338 and was ranked the top broker in the Philippine stock market in 2022 by value turnover, consistently placing among the largest independent and locally-owned brokerage houses. Underlying technology is not publicly disclosed; the firm relies on PSE trading infrastructure and a small but specialized internal IT function.

The business model is transaction-fee based: PEP earns commissions and execution fees from institutional clients on a negotiated, quote-based pricing structure. Go-to-market is direct enterprise field sales through a dedicated sales and trading team targeting domestic and foreign institutional investors. The customer base is exclusively institutional — there is no retail offering — and client acquisition is driven by direct relationships, referral networks, and industry reputation rather than broad marketing. No revenue figures, funding rounds, or financial disclosures are publicly available.

Name

Philippine Equity Partners

Legal name

Philippine Equity Partners, Inc.

Website

https://pep.com.ph

Company type

Private

Founded year

2001

Operating status

Operating

Short description

Philippine Equity Partners is an independent, locally-owned institutional stock brokerage in the Philippines, executing trades on the Philippine Stock Exchange and delivering co-branded research with BofA Securities to domestic and foreign institutional investors since 2001.

Ownership category

akta.pro rank

Headquarters

HQ city

Taguig

HQ country

Philippines

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Stock Brokerage Commissions: PEP generates revenue through stock brokerage commissions and transaction fees from trade execution services for institutional investors. As a Trading Participant of The Philippine Stock Exchange Inc., the firm executes trades and provides co-branded research services for BofA Securities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Philippine Equity Partners is an investment bank that advises corporates, financial sponsors, and government entities on strategic transactions including mergers and acquisitions, equity and debt capital raising, IPOs and follow-on offerings, and private placements. The firm also provides equity research, sales and trading, and structured finance solutions to institutional clients in the Philippines.

Product overview

Philippine Equity Partners (PEP) is an institutional stock brokerage firm offering a unified suite of brokerage services. The core offering consists of trade execution and co-branded research services for BofA Securities, catering specifically to domestic and foreign institutional investors. PEP operates with broker ID 338 on the Philippine Stock Exchange and has consistently ranked among the largest independent and locally-owned brokerage houses by turnover.

Differentiator

Problem solved

Functional benefit

Products and services

• Mergers and Acquisitions Advisory Buy-side and sell-side advisory for corporate mergers, acquisitions, divestitures, joint ventures, and strategic combinations in the Philippines and cross-border transactions.
• Equity Capital Markets Underwriting and book-running services for initial public offerings, follow-on offerings, rights issues, and block sales for Philippine issuers.
• Private Placements and Pre-IPO Fundraising Placement of equity and quasi-equity capital with strategic and financial investors for pre-listing fundraising rounds and private company financings.
• Financial Advisory and Valuation Independent valuations, fairness opinions, financial restructurings, and strategic advisory services for corporates, shareholders, and regulators.

Quantifiable outcome

• Top broker ranking in local stock market in 2022

Named customers2 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• BofA SecuritiescoreStrategic or Co-development Partner · 2 October 2001PEP was incorporated to take over the Philippine stockbroking business of BofA Securities and commenced operations on October 2, 2001. PEP is engaged in trade execution and co-branded research for BofA Securities, maintaining a strategic partnership for research and potentially for operational support.
• The Philippine Stock Exchange Inc. (PSE)coreOthersPEP is a Trading Participant of The Philippine Stock Exchange Inc. and holds broker ID 338. This membership enables PEP to execute trades on behalf of its institutional clients.
• Securities Investors Protection Fund (SIPF)minorOthersPEP is a member of SIPF, which provides investor protection.
• Securities Clearing Corporation of the Philippines (SCCP)minorOthersPEP is a member of SCCP, the clearing house for the Philippine stock market.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• SB Equities, Inc. Securities arm of Security Bank and an active PSE Trading Participant providing institutional brokerage services. Directly comparable to PEP on institutional trade execution and research distribution in the Philippine market.
• AB Capital Securities, Inc. Philippine investment bank and PSE Trading Participant offering institutional brokerage, research, and related capital-markets services. Directly comparable to PEP across brokerage, research, and institutional client coverage in the Philippine market.
• COL Financial Group: One of the largest Philippine retail and institutional brokerages, operating on the PSE with a comparable securities intermediation business. Highly relevant direct peer given overlapping customer base (institutional and retail investors trading Philippine equities) and similar commission-driven revenue model.
• BPI Securities Corporation: The brokerage arm of the Bank of the Philippine Islands, a major PSE Trading Participant serving institutional clients. Directly competes with PEP in institutional equity execution on the PSE, with the added dimension of bank-affiliated distribution.
• PNB Securities, Inc. Brokerage arm of Philippine National Bank and a PSE Trading Participant serving institutional and retail clients. Comparable to PEP as a domestic institutional broker competing on Philippine equity execution and research distribution.
• Asian Capital Equities, Inc. Philippine institutional broker operating on the PSE with equity execution and research services. A directly comparable mid-size independent broker competing for the same institutional wallet as PEP.
• First Metro Securities Brokerage Corporation: Affiliated with the Metrobank Group, First Metro Securities is one of the largest PSE Trading Participants by turnover. A direct institutional peer to PEP given overlapping product (equity execution and research) and similar target institutional clients in the Philippine market.

Broad incumbents

• UBS Securities Philippines: Global bulge-bracket broker with a Philippine institutional presence. Overlaps with PEP in cross-border institutional execution and research distribution, but competes from a vastly larger global platform.
• CLSA Philippines: Asia-focused brokerage and investment group with a Philippine presence. Overlaps with PEP in institutional equity execution and research for foreign investors accessing the Philippine market, but operates as part of a much broader regional platform.
• Macquarie Securities (Philippines): Global investment bank with securities operations in the Philippines. Competes with PEP for institutional equity flow and research mandates, but as part of a global franchise rather than a specialist local broker.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/philippine-equity-partners-inc.

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Philippine Equity Partners