Yuanta Securities Opens Branch Targeting High-Net-Worth Individuals in 'New Affluent Area' Banpo

Yuanta Securities GWM Banpo Center

Yuanta Securities announced on the 31st that it will expand and relocate its 'GWM Banpo Center,' which targets high-net-worth clients, to Banpo-dong, Seocho-gu, Seoul. With the recent move-in of 'Banpo Raemian One Bailey' in the area, it is emerging as a battleground in the financial sector.

Yuanta Securities decided to move and expand its existing Euljiro GWM Center to Banpo. They also reinforced related personnel. The team is composed of veteran senior PBs, including Center Head Yoon Hyang-mi, known as a 'Star PB' at Yuanta Securities.

The GWM Banpo Center is a specialized branch that provides customized wealth management (WM) services for super-rich and young rich clients by collaborating with about 100 product experts related to Wrap, trust, and funds from the headquarters' GWM division. The headquarters' expert group plans and operates differentiated product portfolios and tailored products to meet diverse customer needs and offers close services to help each high-net-worth client achieve their asset management goals.

They offer a healing-specialized program for the recovery and restoration of financial assets for clients who have incurred investment losses, as well as asset consulting services to capture new investment opportunities.

Jung Jin-woo, Head of the GWM Business Division, said, “Through the GWM Banpo Center, we will focus the headquarters' capabilities on providing top-level financial services that cover all age groups, based on asset growth with thorough risk management from the customer's perspective, customized care for loss assets, and rational wealth transfer services through gifting and tax-saving strategies.”

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