Mirae Asset Securities announced on the 16th that it has been awarded the 'Best Private Bank in South Korea' at the 2025 Global Private Bank Award hosted by the global financial magazine Global Finance.
Global Finance, a financial magazine founded in New York in 1987, has readers in approximately 190 countries and annually conducts comprehensive evaluations of financial institutions worldwide to select the best institutions in various fields. The award received by Mirae Asset Securities is given to financial institutions that understand the diverse needs of high-net-worth individuals and provide high-quality asset management solutions.
According to Global Finance, Mirae Asset Securities was highly evaluated for ▲comprehensive asset management capabilities for high-net-worth individuals ▲private membership services ▲high-level AI-based customized asset management ▲growth in wealth management (WM) performance and scale of client assets.
Following its selection as 'Best Securities Company in South Korea' by Euromoney in the UK last September, Mirae Asset Securities has been internationally recognized through this award for possessing the top asset management capabilities for high-net-worth individuals in Korea. Notably, this award is especially significant as it is the first time a Korean securities company has received it since the award's inception in 2015.
In fact, Mirae Asset Securities has contributed to increasing the assets of high-net-worth individuals by discovering global innovative companies based on the industry's largest global network and investment expertise. As of the end of November this year, the overseas stock balance held by customers with over 100 million KRW at Mirae Asset Securities reached 32 trillion KRW, accounting for 86.8% of the company's total overseas stock balance. The overseas stock profits of Mirae Asset Securities' customers increased by 11 trillion KRW compared to the beginning of the year. These achievements align with the company's vision of contributing to national wealth creation through financial exports.
In November, Mirae Asset Securities reorganized its structure, elevating the private WM team dedicated to ultra-high-net-worth individuals from a division to a department. Additionally, the Sage Consulting Headquarters, Family Office Center, and two VIP-specialized branches were organized within the department to provide differentiated asset management solutions tailored to asset size and investment style even among high-net-worth individuals. The assets of customers enrolled in the Sage Club membership, which is selected for clients with over 1 billion KRW, amount to approximately 28 trillion KRW.
Kim Hwajung, appointed as the head of the PWM division, is a female executive born in 1978. After graduating from Seoul National University with a degree in Business Administration and a master's in Financial Management, she began her career at Mirae Asset Global Investments in 2004. After working at a Hong Kong-based hedge fund, she returned to Mirae Asset Securities in 2011 and has been in charge of the VIP dedicated team for the past two years. Kim said, "This award recognizes Mirae Asset Securities' asset management capabilities for high-net-worth individuals in the global market. We will strive to provide even higher-quality and differentiated asset management to meet the increased expectations going forward."
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