Scale and Clients Hit Record Highs Together
As of the end of September 2026, domestic banks' Wealth Management 2.0 assets under management reached 3 trillion 2383 hundred million yuan, up 70.63% year-on-year, with 3 ten thousand 2326 clients, up 83.87% year-on-year, both hitting record highs. Assets under management increased by 1 trillion 800 hundred million in the first 9 months of this year, with strong growth momentum. After surpassing the 2 trillion yuan mark at the end of November 2025, it crossed the 3 trillion yuan threshold again at the end of August this year, showing an increase in Taiwan's high-asset individuals and continued expansion of the wealth management market.
Deposits Fall Below 40%, Insurance Policies Rise
Asset allocation trends among clients with over one hundred million in assets have shifted, with the deposit share falling to 39.3%, dropping below 40%. Fund investments accounted for 17.6%, bonds 14.8%, insurance 13.6%, and offshore structured products 8%. Among them, the insurance share has risen for 5 consecutive months from 11.9% at the end of April to a more than 3-year high, presumably mainly driven by increased wealth succession and protection needs, leading wealthy clients to increase policy allocations.
Banks and Securities Firms Expand Capacity
Facing huge wealth management business opportunities, banks are accelerating service capacity expansion, with 26 banks currently approved for Wealth Management 2.0, of which 25 have officially launched. The FSC noted that banks have gradually matured in talent training, product design, system construction and internal management systems, helping to expand the client base and business scale. Securities firms are also actively competing for high-end clients, with 10 securities firms operating Wealth Management 2.0 reporting a cumulative 2190 accounts and transaction value of about 6858 hundred million yuan at the end of September this year, up 40% and 78% year-on-year respectively. Among them, offshore sub-brokerage transactions reached 5906 hundred million yuan, accounting for about 86% of the total, with the top 3 by transaction value being SinoPac Financial Securities, Cathay Securities and Mega Securities in order.
Kaohsiung Zone Accounts for Over 30%
For the financial industry as a whole, assets under management were about 48.38 trillion yuan at the end of September, growing by 10.12 trillion yuan from January to September this year, of which SITEs and SITE-mandated business contributed 8.18 trillion yuan. The FSC analyzed that rising capital markets and diversified ETF products drove the scale, but the increase includes capital gains from fund NAV appreciation and cannot all be regarded as new fund inflows. The Kaohsiung Asia Asset Management Center Zone has become a key focus for financial institutions, with the FSC approving 61 firms to set up, including 22 banks, 6 life insurers, 20 SITEs/SITCs and 13 securities firms, plus 2 SITEs/SITCs under review. The zone has 1 ten thousand 74 high-asset clients with assets of 1 trillion 1018 hundred million yuan, about 34% of nationwide banks' Wealth Management 2.0 scale. The zone also promotes premium financing, extending services to fund mobilization and wealth succession. Among the zone's 4 business categories, wealth management had 557 clients with investment balance of 68 hundred million yuan; credit financing had 7224 drawdowns with loan balance of 1186 hundred million yuan; family office services served 277 firms with entrusted assets under management of 1218 hundred million yuan; cross-border financial services opened 4 overseas branch accounts.