NH Investment & Securities

What NH Investment & Securities does

NH Investment & Securities (NH투자증권) is a major South Korean full-service securities firm and the brokerage arm of NongHyup Financial Group, headquartered in Seoul and founded in 1969. The firm operates across wealth management, investment banking (with a particular focus on IPO underwriting), trading, equity sales, and asset management, serving retail investors, institutional investors, and corporate clients across South Korea. With 3,135 employees, it is the second-largest securities firm by headcount in Korea, and the industry-wide brokerage headcount reached a 17-year high of 39,514 at end-2025.

The company's core distribution platform is its proprietary Mobile Trading System (MTS), complemented by an extensive nationwide branch network and an official YouTube channel. On top of MTS, NH has layered AI-driven content services — most notably "N2, Signal," a generative-AI video product featuring a virtual character "Seo Ain" that converts text-based investment reports into lip-synced video format twice monthly. Its product portfolio also includes structured offerings such as the "N2 IMA1 Mid-Term No. 1" Investment Management Account (a 400 billion won capped closed-end product with 4% guaranteed annual return and 2.5-year maturity) and Korea's first installment gold saving service launched in partnership with Toss Bank in April 2026.

NH's revenue model blends transaction-fee income (brokerage commissions from retail and institutional trading), professional-services fees (IPO and equity underwriting — including K Bank's 498 billion won KOSPI IPO in March 2026 and Travel Wallet's planned 2027 Kosdaq listing), managed-services revenue from IMA and structured products, and balance-sheet-driven income. In 2025, the firm reported revenue of approximately 8.69 trillion KRW (+47% YoY) and net income of 715 billion KRW (+54% YoY), and Q1 2026 net profit of 475.7 billion won rose 130% YoY amid a KOSPI rally that lifted average daily trading value 258.3%. Beyond traditional brokerage, NH is building a venture investment and alternative-asset book, with stakes in quantum (SDT), humanoid robotics (WIRobotics), automotive software (Perseus), and a 27% interest in a 60MW Ansan data center SPV alongside Keppel. The firm completed a $600 million foreign currency bond issuance in June 2026 — the largest by a Korean securities firm at a record-low spread — and is transitioning to a co-CEO governance structure.

Name

NH Investment & Securities

Legal name

NH투자증권

Website

https://www.nhqv.com/

Company type

Public

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

NH Investment & Securities is a Seoul-based, publicly listed Korean full-service securities firm and subsidiary of NongHyup Financial Group, providing brokerage, investment banking, wealth management, and AI-driven content services to retail and institutional investors across South Korea.

Ownership category

akta.pro rank

Product category

Securities Brokerage & Investment Banking

NAICS

Investment Banking and Securities Intermediation (52315), Investment Banking and Securities Intermediation (523150), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

IPO & Public Markets Advisory (BPAHADAH)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Private Banking & UHNW Wealth Advisory (FSAEABAC)

Keywords

• Securities brokerage
• Investment banking
• Wealth management
• Ipo underwriting
• Trading services

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Brokerage Commission Income: Revenue from retail and institutional investor trading activity on Korean exchanges. The bull market drove record earnings with the KOSPI surging over 75%, significantly boosting trading volumes and commission income.
2. IPO Underwriting: Investment banking fees from leading IPO underwriting engagements. NH Investment & Securities served as lead underwriter for K Bank IPO (KRW 498 billion offering) and Travel Wallet's planned Kosdaq listing.
3. Investment Management Account (IMA) Products: Closed-end investment products with principal repayment guarantee, such as 'N2 IMA1 Mid-Term No. 1' with 2.5-year maturity and 4% benchmark annual return, capped at KRW 400 billion.

Go-to-market motion4 records

Distribution channels3 records

Marketing channels3 records

Core offering

NH Investment & Securities is a South Korean full-service securities firm offering brokerage trading, investment banking (including IPO underwriting), wealth management, and structured investment products to retail and institutional clients. The company distributes services through its proprietary MTS mobile trading platform, an AI-driven video content service (N2, Signal), Investment Management Account (IMA) products, and a nationwide branch network, while leading IPO mandates such as K Bank's 498 billion won offering.

Product overview

NH Investment & Securities operates as a full-service brokerage offering a unified platform combining its core Mobile Trading System (MTS) with AI-powered content services (N2, Signal), structured investment products (IMA accounts), and wealth management offerings (gold saving services). The firm delivers services through its MTS mobile app, YouTube channel, and nationwide branch network, targeting retail and institutional investors in the Korean market.

Differentiator

Problem solved

Functional benefit

Brands

• N2, Signal: AI-driven video content service featuring virtual character 'Seo Ain' that converts text-based investment reports into video format using natural pronunciation, expressions, and lip-sync technology.
• N2 IMA1 Mid-Term No. 1

Products and services

• N2, Signal AI-driven video content service featuring a virtual character 'Seo Ain' that converts text-based investment reports into video format with natural pronunciation, expressions, and lip-sync technology. Distributed twice monthly to retail and institutional investors through MTS platform, YouTube channel, and nationwide branches.
• MTS (Mobile Trading System) Proprietary mobile trading platform used by NH Investment & Securities to deliver trading execution, investment research, and AI-powered features (including N2, Signal) to retail and institutional investors. Competition among Korean securities firms over MTS platforms is intensifying with AI, content, and community features.
• N2 IMA1 Mid-Term No. 1 Investment Management Account (IMA) product with 2.5-year maturity, 4% benchmark annual return, capped at 400 billion won. Closed-end product with principal repayment guarantee, designed to channel mid- to long-term capital to corporations while providing stable returns to investors.
• Korea Gold Saving Service Korea's first installment gold saving service, launched in partnership with Toss Bank and based on the Korea Exchange's Gold Market. Enables regular gold purchases without capital gains tax, targeting Millennials and Gen Z retail investors.
• IPO Underwriting Services Lead underwriting and bookrunning services for equity offerings on the Korea Exchange. NH Investment & Securities served as lead underwriter for K Bank's 498 billion won KOSPI IPO (March 2026) and was selected as lead underwriter for Travel Wallet's planned 2027 Kosdaq listing, as well as lead underwriter for SDT's planned technology-special IPO.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature1 record

Partnerships

One partnership is on record.

• Toss BankcoreStrategic or Co-development Partner · 2 April 2026NH Investment & Securities partnered with Toss Bank to launch Korea's first installment gold saving service, based on the Korea Exchange's Gold Market. The service allows users to regularly purchase gold without capital gains tax, targeting Millennials and Gen Z.

Scale indicators6 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• KB Securities: Major Korean securities firm and co-lead underwriter with NH on Travel Wallet's 2027 Kosdaq listing. Directly comparable in retail brokerage, IB underwriting, and was named alongside NH in the stock manipulation investigation.
• Meritz Securities: Mid-to-large Korean securities firm competing with NH in retail brokerage and IB, particularly active in KOSDAQ and growth-segment underwriting.
• Daishin Securities: Major Korean brokerage with comparable retail and institutional brokerage, IB underwriting, and asset management services; competes directly with NH for mid-market Korean mandates.
• Korea Investment & Securities: One of the top five Korean brokerages competing with NH across retail and institutional brokerage, IB underwriting, and asset management. Comparable in scale and product mix.
• Samsung Securities: Top-tier Korean brokerage with comparable full-service retail and institutional brokerage, IB, and wealth management. Co-listed among the 'big five' brokerages that drove Q1 2026 sector net profit.
• Shinhan Investment: Securities arm of Shinhan Financial Group, comparable in full-service brokerage and IB offerings; competes with NH for retail and institutional mandates in Korea.
• Hana Financial Investment: Securities arm of Hana Financial Group; comparable Korean full-service broker offering brokerage, IB, and wealth management. Direct competitor in domestic underwriting league tables.
• Mirae Asset Securities: Largest Korean securities firm by assets; competes head-to-head with NH in brokerage, IB, wealth management, and AI-driven MTS platform innovation. Most directly comparable peer in scale and product breadth.
• Kiwoom Securities: Korea's leading online brokerage, recognized for MTS innovation. Direct retail brokerage competitor to NH with a strong digital platform focus, frequently co-mentioned in top-tier Korean brokerage rankings.

Broad incumbents

• Nomura Securities (Korea): Global investment bank with Korean operations; competes with NH on cross-border IPOs, ECM, and institutional brokerage. Less direct on retail but a meaningful Korean ECM competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments98 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NH Investment & Securities