Participants pose for a commemorative photo at the opening ceremony of Eugene Securities' Yeouido WM Center held on the 29th. (From left) Eugene Securities Lee Sang-sik, Head of Management Support; Go Kyung-mo, Chief Executive Officer; Kim Jong-ki, Head of Yeouido WM Center; Yoo Man-sik, Head of WM Division. /Courtesy of EUGENE INVESTMENT & SECURITIES

EUGENE INVESTMENT & SECURITIES said on the 30th that it opened the Yeouido WM Center, which handles comprehensive asset management (WM), at its headquarters in Yeouido, Seoul.

It integrated the Daebang-dong and Yeongdeungpo branches into the existing Yeouido headquarters sales department branch. Outstanding private bankers (PBs) who had been active at other branches also joined, bringing the total to 34 resident PBs.

EUGENE INVESTMENT & SECURITIES said the Yeouido WM Center, together with the Gangnam-area Champions Lounge Financial Center, will serve as a key hub for comprehensive asset management in the Seoul metropolitan area. In particular, it plans to collaborate with the headquarters' corporate sales and investment banking (IB) divisions to offer differentiated products and services such as security token offerings (STO), bonds, structured finance, and alternative investment.

For high-net-worth clients, it will also run customized services such as inheritance and gift tax consulting, while expanding client touchpoints by holding monthly investor briefings featuring analysts from the EUGENE INVESTMENT & SECURITIES research center.

Yu Man-sik, head of the WM division at EUGENE INVESTMENT & SECURITIES, said, "The Yeouido WM Center will marshal the headquarters' capabilities to provide optimal, customized financial solutions for individual and corporate clients."

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