Taiwan Banks’ Wealth Management 2.0 Assets Top NT$2.2 Trillion as Regulator Pushes Asian Asset Hub
Taiwan’s Financial Supervisory Commission is promoting an Asian asset management hub and encouraging domestic banks to expand wealth-management services for high-net-worth clients, with the aim of retaining domestic and overseas capital in Taiwan. As of the end of January, 21 banks had launched Wealth Management 2.0 services. Competition has intensified, making the sector’s scale an important gauge of Taiwan’s asset-management policy.
FSC data showed that domestic banks’ high-net-worth wealth-management assets reached NT$2.2589 trillion as of the end of January, while client numbers rose nearly 77% from a year earlier. With markets expecting an interest-rate-cutting cycle, wealthy clients have shifted toward funds, bonds and structured products. The FSC has set a target of NT$3 trillion for this year.
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The history behind this eventTaiwan Banks’ High-Net-Worth Wealth AUM Tops NT$2.3 Trillion as Clients Shift Into Investments
Taiwan’s Financial Supervisory Commission launched its “Wealth Management 2.0” initiative in late 2019, allowing banks to offer a broader range of financial products and advisory services to high-net-worth clients with at least NT$100 million in assets. The initiative aims to keep Taiwan’s substantial private wealth under domestic management and strengthen the island’s position as an Asian asset-management hub. Rapid AUM growth also reflects intensifying competition among local banks for wealthy clients and rising investment demand.
FSC data showed that as of the end of March 2026, 21 banks had launched Wealth Management 2.0 services and another six had applied to do so. The number of high-net-worth clients reached 23,206, while AUM stood at NT$2.3999 trillion, up 71.97% and 55.16% from a year earlier, respectively. Deposits’ share continued to decline, falling to 42.1%, while funds, bonds and offshore structured products accounted for 17%, 14.5% and 7.9%, respectively.
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