Private company

Mirae Asset Group

Logo: Mirae Asset Financial Group, Public domain, via Wikimedia Commons3

Financial services group

Mirae Asset Financial Group (Korean: 미래에셋금융그룹) is a South Korean multinational financial services company headquartered in Seoul, South Korea. Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance. Mirae Asset was founded by Hyeon Joo Park in 1997 and introduced the first mutual funds to Korean retail investors in 1998.2 It was founded by Park Hyeon-joo.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1997Founded1

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DWJ 7665
Photo: GBU.GMSD, CC BY-SA 4.0, via Wikimedia Commons5

Mirae Asset Financial Group (Korean: 미래에셋금융그룹) is a South Korean multinational financial services company headquartered in Seoul, South Korea. Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance. Mirae Asset was founded by Hyeon Joo Park in 1997 and introduced the first mutual funds to Korean retail investors in 1998. On a global consolidated basis, the total group's client assets exceed US$550 billion (as of December 2020). Mirae Asset has a global presence in Australia, Brazil, Canada, Mainland China, Hong Kong, Colombia, India, Indonesia, Japan, Korea, Mongolia, Singapore, the United Kingdom, the United States, and Vietnam.2

Corporate structure

Mirae Asset Group sits at the top of its group. 37 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Mirae Asset Group Seoul
    • LG Group Stake · 5.5% · Seoul
      • FMG & MISSION CO., LTD. Subsidiary
      • LG Chem Subsidiary · Seoul, South Korea
        • (주)엘지에너지솔루션 Subsidiary · 79% · Seoul, South Korea
          • 2 more
        • LG CHEM ASIA PTE. LTD. Subsidiary · Singapore, Singapore
        • LG CHEMICAL INDIA PRIVATE LIMITED Subsidiary · New Delhi, India
          • 1 more
      • LG CNS Subsidiary · Seoul
      • LG Electronics Subsidiary · Seoul, South Korea
        • LG Display Subsidiary · Seoul, South Korea
          • 1 more
        • LIG Defense&Aerospace Subsidiary · Yongin
        • SKS Subsidiary · Englewood Cliffs
        • 엘지이노텍 주식회사 Subsidiary · 40.8% · Seoul, South Korea
        • L G ELECTRONICS INDIA LIMITED Subsidiary · Delhi, India
        • LG Electronics Colombia Limitada Subsidiary · 영등포구, South Korea
        • LG ELECTRONICS DO BRASIL LTDA Subsidiary · 서울, South Korea
        • LG Electronics Inc. Chile Limitada Subsidiary · 서울, South Korea
        • LG Electronics Latvia Subsidiary · Latvia
        • LG Electronics Mexico SA DE CV Subsidiary · 서울, South Korea
        • LG Electronics Nordic AB Subsidiary · Kista, Sweden
        • LG Electronics Peru S.A. Subsidiary · 서울, South Korea
        • LG ELECTRONICS REYNOSA SA DE CV Subsidiary · 서울, South Korea
        • LG ELECTRONICS U.S.A., INC. Subsidiary · Englewood Cliffs, New Jersey, United States
        • LG Electronics Vietnam Haiphong Co.,Ltd (Công ty TNHH LG ELectronics Việt Nam Hải Phòng) Subsidiary · Hải Phòng, Vietnam
      • LG Household & Health Care Subsidiary · Seoul
      • LG Life Sciences Subsidiary · Seoul
      • LG Uplus Subsidiary · Hangangno-dong
        • medialog Subsidiary · Mapo District, South Korea
      • Zenith Electronics Subsidiary
      • Cyon Subsidiary · South Korea

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mirae Asset Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Park Hyeon-joo in 1997.1

Foundation of Mirae Asset Financial Group

Park Hyeon-Joo founded Mirae Asset Global Investments and Mirae Asset Capital in June 1997. In December 1998, Park launched the first retail mutual fund, "Park Hyeon Joo No.1" in South Korea and The Journal of Investment & Pension described that this fund was a great success.

Mergers and acquisitions of Mirae Asset Financial Group

Mirae Asset Financial Group has grown into an independent financial conglomerate in South Korea by acquiring various financial companies:

2004.02 Acquired SK Investment Trust Company, an affiliate of SK Group

2005.06 Acquired SK Life Insurance, an affiliate of SK Group

2011.11 Acquired Horizons ETFs, a major ETF player in Canada

2011.11 Acquired Betashares, a major ETF player in Australia

2016.12 Merge and acquisition of Daewoo Securities and Mirae Asset Securities

2016.12 Acquired KDB asset management company, formerly owned by Korea Development Bank

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2017.07 Invested Vietnamese life insurance company, PRÉVOIR

2017.12 Acquired Korea-based PCA Life Insurance

2018.07 Acquired Global X, US ETF company

2022.06 Acquired ETF Securities Australia, an Australian ETF company

2024.11 Acquired Sharekhan Indian Brokerage company

Global expansion and presence of Mirae Asset Financial Group

Founder Park led the company's expansion into international markets during its early years.

From Wikipedia’s article on Mirae Asset Financial Group, shared under CC BY-SA 4.0.4

Leadership

Who has led Mirae Asset Group, and when. Pick a name to see everywhere that person has worked.

Subsidiaries and ownership

Also owns

From Wikidata.1

Timeline

  1. 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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