Taiwan Banks' Wealth Management 2.0 Assets Hit Record NT$2.6 Trillion

Taiwan's Financial Supervisory Commission has promoted its “Wealth Management 2.0” initiative to encourage banks and brokerages to serve high-net-worth clients through tailored wealth planning, cross-border allocation and a broader range of financial products. The business is central to Taiwan's efforts to retain talent and capital, while prompting financial institutions to accelerate the development of digital systems and new products.

FSC data showed that, as of the end of April this year, 21 banks offered wealth-management services for high-net-worth clients, serving more than 24,000 customers and managing over NT$2.5 trillion in assets. By the end of May, assets under management had risen further to NT$2.7 trillion, with 27 banks competing in the market.

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.