Hana Bank Signs Asset Management Agreement for Family Office with Law Firm Yulchon

Hana Bank signed a business agreement on "Family Office Asset Management and Legal Advisory" with Yulchon LLC on the 10th at Place1 in Samseong-dong, Gangnam-gu, Seoul. At the signing ceremony, Kim Young-hoon, Head of Asset Management Group at Hana Bank (left in the photo), and Kim Dong-soo, Chief Tax Attorney at Yulchon LLC, posed for a commemorative photo. Photo by Hana Bank

Hana Bank announced on the 11th that it signed a business agreement with Yulchon LLC at Place1 in Samseong-dong, Gangnam-gu, Seoul, for 'family office asset management and legal advisory services.'

Through this business agreement, Hana Bank will provide family office clients with ▲ tax and legal support ▲ comprehensive legal advisory services based on actual precedents and authoritative interpretations. Additionally, clients who transact with Yulchon LLC will receive ▲ exclusive financial services for VVIP clients ▲ enhanced comprehensive asset management services utilizing overseas networks and differentiated foreign exchange services.

Following the launch of the 'Hana Family Office One Solution' service in August with Hana Securities, which consists of 60 experts in finance, taxation, real estate, and law to strengthen asset management services, Hana Bank is now able to offer a higher level of customized asset management services through this agreement.

Kim Young-hoon, Head of the Asset Management Group at Hana Bank, stated, “We are now able to provide family office clients, who face complex tax issues, with specialized legal solutions from Yulchon LLC, a law firm expert in tax-related fields. Going forward, Hana Bank will continue to deliver the best WM services through collaboration with top professional institutions in various fields that clients require.”