NH Investment & Securities Signs MOU on Trust Services with Law Firm Gaon
Collaboration on Education and Seminars for the Inheritance Trust System
[Asia Economy Reporter Lee Seon-ae] NH Investment & Securities announced on the 20th that it has signed a business agreement with the law firm Gaon regarding trust services, including inheritance and trusts. Law firm Gaon is a tax-specialized law firm with outstanding personnel and experience in the fields of inheritance, trusts, and taxation.
Through the business agreement with Gaon, NH Investment & Securities plans to collaborate in areas such as customer asset management, education for the development of the inheritance trust system, seminars, and legal consultations. Additionally, NH Investment & Securities will expand inheritance and gift services through trusts for high-net-worth clients.
Meanwhile, NH Investment & Securities has been striving to diversify trust products since launching a will-substitute trust product in line with the 2011 revision of the Trust Act. It has signed trust business agreements with numerous school foundations, including the Seoul National University Development Fund, and World Vision for legacy donation trusts. With the recent agreement with law firm Gaon, it is expanding cooperation in trust services with leading domestic institutions.
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Hwang Kyung-tae, Head of the Customer Asset Management Division, stated, “We will strive to provide customized asset management services through collaboration with law firm Gaon,” adding, “As the number one trust company in the securities industry, NH Investment & Securities will lead the role of trusts in the asset management market.”
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