Discover the journey from Daewoo Securities to Mirae Asset Securities—a transformative story of innovation, global expansion, and leadership in the financial industry.

From Daewoo to Mirae Asset: The Evolution of a Financial Powerhouse

The journey of Mirae Asset Securities, formerly Daewoo Securities, is a tale of remarkable transformation, bold innovation, and global ambition. From its humble beginnings in the 1980s to becoming a leading global financial institution, this company has consistently pushed the boundaries of what’s possible in the securities and investment world.

The Daewoo Era: Pioneering the Market (1983–1999)

Daewoo Securities began as a small operation in 1983, acquiring Sambo Securities Co., Ltd., and rapidly expanded into international markets. By 1990, it had established the first trading room in the industry and representative offices in major financial hubs like New York, London, Tokyo, and Hong Kong.

Key milestones included launching the first-ever Korea Fund (1984) and opening the Daewoo Economic Research Institute, Korea’s first privately funded research center.

By the late 1990s, Daewoo Securities had firmly established itself as a leader in global finance. However, the Asian Financial Crisis prompted its separation from the Daewoo Group in 1999, marking the beginning of a new chapter.\

The Mirae Asset Era: Redefining Wealth Management (1999–Present)

Founded in 1999, Mirae Asset Securities set out to revolutionize investment strategies. It was the first to introduce managed accounts, discretionary wrap services, and retirement pension solutions in Korea.

Key milestones include:

• Launching Korea’s first mutual fund in 2000.
• Opening wealth management centers across Asia and beyond.
• Becoming the first securities company to surpass KRW 2 trillion in IRP reserves by 2022.

Mirae Asset has consistently embraced cutting-edge technology, launching platforms like “MAPS-Net” and “Kairos” to provide seamless trading and wealth management experiences.

Global Reach and Strategic Alliances

The company’s growth trajectory is deeply rooted in global partnerships. From alliances with institutions like Bank of China and Mitsubishi UFJ Securities to strategic investments in tech giants like Naver Financial, Mirae Asset Securities has solidified its position on the global stage.

Its acquisitions, such as the merger with Daewoo Securities in 2016, created Mirae Asset Daewoo—setting new records in equity capital and client assets.

A Legacy of Innovation

Today, Mirae Asset Securities is more than just a financial institution; it’s a symbol of resilience, vision, and innovation. With a strong focus on ESG principles, digital transformation, and global outreach, Mirae Asset continues to lead the charge in shaping the future of finance.

Whether it’s pioneering new investment products or forging international partnerships, Mirae Asset’s journey from Daewoo Securities exemplifies the power of adaptability and forward-thinking leadership in an ever-changing industry.