Shinhan Life Opens Inheritance and Gift Research Institute for Professional Asset Management

Shinhan Life announced on the 11th that it has established the Inheritance and Gift Research Institute within the WM Headquarters to provide professional wealth management (WM) services related to inheritance and gifts to high-net-worth clients.

[Asia Economy Reporter Oh Hyung-gil] Shinhan Life announced on the 11th that it has established an Inheritance and Gift Research Institute within the WM Headquarters to provide professional wealth management (WM) services related to inheritance and gifting for high-net-worth clients.

Shinhan Life views the WM business as a core pillar for future growth and has newly established the WM Headquarters, expanding and reorganizing it into three organizations: the WM Chapter, WM Center, and the Inheritance and Gift Research Institute.

The WM Chapter formulates comprehensive business strategies and conducts marketing activities targeting high-net-worth clients. It operates a 'Professional FC' system by selecting outstanding financial consultants (FCs). The plan is to expand this to about 300 members in the second half of the year and strengthen collaboration with major group companies within Shinhan Financial Group, thereby establishing a sales support system.

The WM Center collaborates with 18 external affiliated consulting institutions, including tax, labor, and law firms, to meet client demands and provide in-depth wealth management services.

The Inheritance and Gift Research Institute develops specialized inheritance and gifting content, expanding its focus not only to the wealthy but also to clients who have recently shown interest due to the rise in asset values such as real estate and stocks. It plans to present differentiated content and services through trend research, research reports, and seminars.

Sung Dae-gyu, CEO of Shinhan Life, stated, "As the era of low interest rates and aging arrives, the importance of wealth management providing professional and customized asset management services to high-net-worth clients is highlighted. We plan to develop specialized expertise so that customers think of Shinhan Life first when considering asset management, inheritance, and gifting."

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