Mirae Asset Daewoo Approaches 10,000 VIP Individual Clients with Over 1 Billion KRW

Mirae Asset Daewoo VIP Individual Client Count Hits Record High
Proactive Guidance and Management of Premium Overseas Assets for Managed Clients
Providing Differentiated VIP Services Including Yield Management and One-Stop Consulting

[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 15th that the number of individual clients with assets exceeding 1 billion KRW surpassed 9,800 as of the end of September. This represents a 35% increase compared to the end of last year and is the highest record since the company's integration.

The asset size of individual clients with over 1 billion KRW also reached 39 trillion KRW, approaching the 40 trillion KRW mark. The number of individual clients with over 100 million KRW and their asset size also increased by 33% and 30% respectively compared to the previous year, surpassing 200,000 clients and 88 trillion KRW. This is also an all-time high.

The reason Mirae Asset Daewoo was able to set record highs in the number of VIP clients and asset size this year is attributed to the supply of high-quality assets utilizing its global network and differentiated VIP services.

Mirae Asset Daewoo operates 11 overseas local subsidiaries and 3 offices, the largest scale in the industry, collecting investment information on high-quality assets worldwide and supplying various products to clients based on this information.

Mirae Asset Daewoo’s differentiated VIP services also contribute to the increase in VIP clients and assets. The company is implementing a ‘Customer Yield Risk Early Warning Service’ that monitors and manages client yield through a three-stage early warning alert system: ‘Severe -> Risk -> Warning.’ This management system plays a significant role in risk management for VIP clients by ensuring appropriate asset allocation according to market conditions and preventing asset concentration. Additionally, in response to the untact (non-face-to-face) era, Mirae Asset Daewoo provides investment information through exclusive private online seminars for VIP clients and promptly conducts personal consultations online via video conferencing systems, addressing client needs efficiently.

Through its Family Office consulting service, Mirae Asset Daewoo analyzes financial and non-financial issues of VIP clients and offers one-stop solutions for various areas of interest. This year, the company recorded over 2,000 consulting cases, which is more than 1.5 times the number compared to the same period last year, reflecting the demand from VIP clients due to changes in tax laws and real estate regulations. VIP client consultations often involve long-term plans such as business succession and contain private information, so dedicated consultants are assigned to each VIP client to maximize the effectiveness of the solutions.

Kim Kihwan, Head of the VIP Solutions Division at Mirae Asset Daewoo, stated, “The biggest concern for VIP clients will ultimately be yield. Mirae Asset Daewoo’s greatest strength lies in its infrastructure that offers a yield management system considering volatility and investment direction utilizing a global network to secure stable returns for high-net-worth individuals.”

This content was produced with the assistance of AI translation services.