As the domestic stock market has surged this year, the number of individual clients with 3 billion won or more in financial assets has also increased significantly.
Samsung Securities said on the 29th that, for the first time in the securities industry, the number of individual clients (excluding corporations) with 3 billion won or more in financial assets has surpassed 10,000.
As of the 19th, the number of individual clients holding 3 billion won or more in financial assets stood at 10,645. This is about 81.6% growth from 5,862 at the end of last year.
During the same period, the asset size of high-net-worth clients at Samsung Securities also increased sharply. Excluding corporations, individual client assets surged about twofold in six months from about 12.68 trillion won at the end of last year to 25.28 trillion won.
The number of individual clients with 10 billion won or more in financial assets also surpassed 2,000 for the first time in the industry.
According to Samsung Securities, high-net-worth clients have recently shown an investment tendency of "increasing the share of domestic stock investment."
An analysis of the portfolios of high-net-worth clients at Samsung Securities who have deposited 3 billion won or more in financial assets showed that, through the end of last year, domestic stocks accounted for 41% of the total portfolio. By contrast, as of the 19th, the share invested in domestic stocks had increased to 57%.
Meanwhile, Samsung Securities has operated SNI, a dedicated channel for the ultra-wealthy, since 2010. Samsung Securities also provides services such as the "family office," which offers customized solutions for each family's needs in investment, succession, and structuring; and the "Heritage Solutions Division," which integrates heritage consulting specialists in tax, real estate, and legal affairs with a trust product organization.