KIWOOM Securities Co., Ltd. is a financial service provider specialized in the security-trading sector. It operates its business through retail brokerage division, providing brokerage services of stocks, funds, overseas stocks and foreign exchanges; wholesale brokerage division, providing financial research and transaction services for corporations and institutions, and transaction services of bonds and over the counter derivatives; investment banking (IB) division, underwriting initial public offering (IPO), corporation bonds, asset-backed commercial papers (ABCPs) and others, as well as investment management division. Through its subsidiaries, it also involves in the savings bank, venture capital, fund management, investment in small- and medium-sized enterprises, and others. On April 4, 2013, it acquired additional shares of a Korea-based savings bank to hold 100% shares of the target company. On February 24, 2014, it acquired a 100% stake in Woori Asset Management Co., Ltd.