NH Investment & Securities is expanding its offensive in the equity compensation market with RSUs (restricted stock units) and RSAs (restricted stock awards). As more companies adopt equity compensation systems, the firm is also strengthening its B2B (business-to-business) and retail-linked strategy to secure corporate executives and employees as wealth management (WM) clients.
On the 30th, NH Investment & Securities announced that it is providing the 'N2 Equity Compensation System Linked Service' in partnership with the equity compensation management solution platform 'Quota Lab.' The service handles the entire process of operating equity compensation—from system design consulting to granting rights, managing exercises, and trading stocks by employees—within a single system.
On NH Investment & Securities' Mobile Trading System (MTS), users can manage general investment assets and equity compensation assets separately without creating a dedicated account. Rights such as RSUs are displayed in the balance even before they are converted into actual shares. Corporate HR and finance managers can manage vesting (staggered payment) schedules and the number of shares to be paid based on employees' hire dates, years of service, and performance achievement levels via a cloud platform.
From January this year for approximately seven months, NH Investment & Securities provided equity compensation services totaling 70 billion won to approximately 25,000 executives and employees at companies including Kakao, Krafton, HYBE, and Hyundai Insurance. The firm is currently in discussions with numerous listed companies regarding additional adoption.
NH Investment & Securities plans to extend its equity compensation service beyond corporate business to securing WM clients among executives and employees. The model involves providing convenience for administrative tasks and tax calculations related to equity compensation for companies, while linking wealth management services for employees after stock distribution.
Kang Min-hoon, head of the Digital Business Division at NH Investment & Securities, said, "Based on our service competitiveness that covers everything from system design consulting to post-transaction wealth management, we will expand our equity compensation platform."
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