The head office of Mirae Asset Securities in Seoul. The brokerage house reported record earnings for 2025. Photo courtesy of Mirae Asset Securities
SEOUL, Feb. 10 (UPI) — South Korea’s Mirae Asset Securities said it posted a record bottom line last year, based on solid performances across its business sectors, including brokerage, wealth management and trading.
The Seoul-based company said Monday it netted $1.1 billion in the 2025 profit, up 72% from a year earlier, as assets under management rose 25% to $410 billion. Among them, 14% was operated in the global markets.
The pretax profit from its brokerage business jumped 43% year-on-year thanks to a bullish stock market, which saw the country’s benchmark KOSPI surge more than 75% last year.
Those from its wealth management and trading divisions rose 21% and 14%, respectively.
Another key contributor to the results was its global business, of which pretax profit doubled to $342 million. Mirae Asset Securities noted that its investments in such innovative companies as SpaceX and xAI boosted profitability.
“Since our founding, we have strategically reinvested capital secured through globally diversified investments, building a virtuous circle that has led to meaningful achievements,” Mirae Asset Securities said in a statement.
The share price of Mirae Asset Securities climbed 11.25% on the Seoul bourse Monday before dipping 2.43% Tuesday.
The largest brokerage house of South Korea is a representative subsidiary of Mirae Asset Group, one of the country’s leading financial conglomerates.