KwanTech Investment Advisory has presented a blueprint to change its name to "AI KwanTech" and to become the top provider of a retirement pension robo-advisor (RA) service this year.
On the 6th, AI KwanTech announced that CEO Choi Yong-seok stated during the extraordinary shareholders' meeting held on the 2nd that they aim to achieve more than 25 trillion won in assets under management (AUM) this year. AI KwanTech has set its 2026 AUM target at 70 trillion won.
AI KwanTech's new name reflects its intention to utilize artificial intelligence (AI) technology to grow into a leading corporation in the financial investment sector. AI KwanTech is currently preparing retirement pension RA services with Shinhan Bank, NH Nonghyup Bank, Woori Bank, Hana Bank, and NH Investment & Securities.
AI KwanTech's retirement pension algorithm achieved outstanding results, dominating the top three rankings for one-year revenue among 143 actively invested algorithms disclosed at the Korea Securities Depository's robo-advisor testbed center as of Jan. 2, 2025. The three algorithms—▲Buffett style developed markets ▲multi-asset developed markets ▲multi-asset mixed types—each exceeded a one-year revenue of 30%.
The parent company, KwanTech, is preparing for the first listing of an RA corporation on the KOSDAQ market. It aims to submit a preliminary listing application in the first half of this year, targeting entry into the KOSDAQ market in 2026. KwanTech has raised approximately 28.1 billion won in the venture market, with key investors including NH Investment & Securities, Shinhan Capital, IBK Industrial Bank, Age Investment, and Orbitec.
An official from AI KwanTech noted that "the year 2025, when the retirement pension RA service will be implemented, represents a new opportunity" and that "we will concentrate all our capabilities to carve out the market."