COL Financial opens Cebu office

CEBU, Philippines - Investment powerhouse COL Financial Group Inc., opened its first office branch in Cebu to accommodate the growing market interest of Cebuano wealth builders and wealth managers.

"We are serious in educating more Filipinos [to financial literacy]," said COL Financial president and chief executive officer (CEO) Dino Bate during yesterday's formal office blessing, located at the Axis Entertainment Avenue in Escario Street.

The physical presence in Cebu also kicks off COL Financial's aggressive stance to make physical presence in the regional areas. It currently holds offices in Davao, Makati and Laguna.

Although COL Financial's investment services are largely online-based, Bate said establishing presence in an area provides different impact, than just reaching out to its clientele online.

Bate mentioned the growing interest among the younger generation in building their money through different investment windows. While more mature clientele who are putting their money in investment products as a way of wealth protection are also increasing.

In Cebu, COL Financial recorded 8,000 to 9,000 who are actively participating in the capital market.

Aside from holding a series of market education seminars, COL Financial also purposely opened the physical office to provide constant educational facility for people who want to know more about capital market and putting their savings on high yielding investments.

COL Financial Group, Inc. (COL) is a Philippine-based company that provides online financial services. It is engaged in the business of broker of securities. It provides stock brokerage services through Internet technology.

The Company operates through two segments: Philippines and Hong Kong. It is also engaged in providing financial advice, in the gathering and distribution of financial and investment information, and statistics and in acting as financial, commercial or business representative.

It offers various products and services, which include full-service online stock brokerage, selection of mutual funds in a single platform, professional equity advisory services, research support, investor education seminars, market updates and information-driven briefings and customer support.

COL provides professional equity advisory services through its agency and advisory groups (AAG) consisted of the private client group (PCG) and the independent financial advisors (IFA). (FREEMAN)