Korea Securities to expand its ultra-high net worth business

Korea Investment & Securities announced on Thursday that it has signed a memorandum of understanding (MOU) with Arceon Group to strengthen its overseas real estate investment advisory services for ultra-high net worth individuals. 

Arceon Group is a real estate advisory and asset management firm for high net worth individuals, multinational corporations and institutions looking to invest in the local real estate market in the United States. 

“Through this agreement, Korea Investment & Securities Global Wealth Management (GWM) will strengthen its investment advisory capabilities in the US real estate market, which has become one of the key areas of focus for family offices and high net worth individuals,” said Korea Investment & Securities official.

Write to Eun-Hyuk Ryu at ehryu@hankyung.com