Mirae Asset Securities said on Jan. 27 that balances in its individual savings account (ISA) have surpassed 10 trillion won, becoming the first in South Korea’s financial industry to join what it called the “quadruple 10 trillion won club.”
It said balances in personal pensions, DC and IRP accounts all exceeded 10 trillion won in October 2024, and the ISA, a tax-saving investment product, has also grown to 10 trillion won. Mirae Asset Securities said it has maintained the industry’s top market share in the brokerage ISA market since January 2025.
A brokerage ISA is a product that allows both investing and tax savings. Through a single account, investors can directly invest in various financial products such as exchange-traded funds (ETFs), South Korean stocks and bonds. It also offers the same tax benefits as discretionary and trust ISAs available through banks.
A Mirae Asset Securities official said, "We will continue to enhance integrated wealth management services that cover investing, tax savings and retirement preparation, and position ourselves as customers' lifelong wealth partner."
Sang-yeop Oh
yub@d-today.co.kr