1. Mirae Asset Securities (USA) Inc.
“Building a global footprint through Repo,
Securities lending, prime brokerage, and
correspondent clearing Businesses”

2. Daewoo Securities (America) Inc.
Contents
Firm
Opportunity
Strategic Plan
New Businesses
Corporate Structure
Management Bios
Daewoo Securities (America) Inc.
MIRAE ASSET Securities (USA) Inc. 2

3. Firm
▪ Mirae Asset Securities (USA) Inc. is ultimately owned by Mirae Asset Financial Group.
▪ The parent firm is in the process of completing the acquisition of Mirae’s current parent
(Mirae Asset Daewoo Co., Ltd.).
▪ Mirae Asset Financial Group is headquartered in Seoul, South Korea.
▪ As of June 30, 2016, Mirae Asset Financial Group had:
◦ Assets under management of $92 billion
◦ Wealth management-related assets of $193 billion
◦ Insurance services operations with $27 billion of assets
◦ Broker-dealer affiliates totaling $6 billion of capital
▪ The firm has a global presence with offices in 15 markets, including
the US, UK, China, India, Australia, Singapore, Hong Kong and Brazil.
▪ Mirae Asset Daewoo Co., Ltd. is publicly traded on the KOSPI (KRX: ) is rated Baa2
long term by Moody’s.
▪ We have successfully completed FINRA’s CMA process to become self-clearing.
▪ To capitalize itself to conduct the new businesses, the parent made an equity capital infusion into the U.S. subsidiary of $250 million in December 2016.
MIRAE ASSET Securities (USA) Inc. 3

4. Opportunity
▪ The global financial crisis caused several leading U.S.-based investment banks to be reconstituted as bank holding companies to receive governmental bailout protection. ▪ These firms became subject to expanded regulatory oversight and must directly adhere to Basel III and Dodd Frank. ▪ These has impacted the Repo, Securities Lending, Prime Brokerage and Correspondent Clearing activities of these firms by:
Requiring higher levels of equity, thus limiting access to their balance sheet by
sophisticated professional investors;
Rendering less liquid and balance sheet-intensive strategies more difficult to support:
- Clients therefore have been instructed to modify their strategies to suit their ROA/ROE targets;
- Hold cash elsewhere and/or leave.
Placing restrictions on proprietary trading.
MIRAE ASSET Securities (USA) Inc. 4

5. Sovereign Wealth Funds
Strategic Plan
▪ Mirae Securities (USA) plans to develop a leading institutional capital markets platform to service
professional investors with complex needs, who supply/use capital globally. This will
require the firm to become self-clearing.
▪ These professional investors will include:
▪ We will target professional investors that/whose:
Central Banks
Hedge Funds
Sovereign Wealth Funds
Broker-dealers
Insurance Companies
Proprietary Traders
Pension Funds
Family Offices
Endowments
Investment Advisers
◦ Typically transact in highly rated and liquid securities
◦ Impact on our balance sheet/liquidity is understood/manageable
◦ Customer needs are consistent with our operational framework and compliance/risk profiles
◦ Best industry practices will be implemented for all aspects of the new businesses.
MIRAE ASSET Securities (USA) Inc. 5

6. Daewoo Securities (America) Inc.
New Businesses
▪ To support the complex needs of professional investors, Mirae Securities (USA) seeks to enter the
following low risk businesses:
▪ Mirae Securities (USA)’s edges include:
Repo
Securities Lending
Prime Brokerage
Correspondent
Clearing
Agency Execution
Corporate Access
◦ We are not a bank;
◦ Possess a strong balance sheet;
◦ Are backed by a strong, well respected parent;
◦ A seasoned and well connected management team;
◦ Leading-edge systems.
Daewoo Securities (America) Inc.
MIRAE ASSET Securities (USA) Inc. 6

7. Corporate Structure
MIRAE ASSET Securities (USA) Inc. 7

8. Daewoo Securities (America) Inc.
Management Team Bios
Richard J. Misiano
Role: Head Trader Fixed Income Sales and Trading, Head of Fixed Income Finance and Correspondent Clearing
Years of Experience: 21 Years (1995)
Primary Expertise: Fixed Income sales and trading
Firm History: Industrial and Commercial Bank of China’s Financial Services; ING Financial Markets LLC; Commerzbank Capital Markets; Westdeutsche Landesbank; UBS AG; Warburg Dillon Read, LLC; Citicorp Securities Inc.
Licenses: Series 7, 63, 24
Robert E. Akeson
Role: Chief Operating Officer(Operations & Risk/Credit)/Co-head Equities Prime Brokerage and Clearing;
Years of Experience: 36 Years (1980)
Primary Expertise: Firm and risk management, Prime Brokerage and Correspondent Clearing;
Firm History: Industrial and Commercial Bank of China’s Financial Services; Neuberger Berman; Morgan Stanley; ADP (“Broadridge Solutions”)
Licenses: Series 7, 9, 10, 63, 24, 79, 99
Peter F. Volino
Role: Co-head Group; Head Trader Equities Securities Lending and Finance
Years of Experience: 30 Years (1986)
Expertise: Securities Lending and Equity Finance
Firm History: Industrial and Commercial Bank of China’s Financial Services: Wedbush Securities; Cantor Fitzgerald & Co; TD Securities USA Inc.; Fidelity Investments; Nomura Securities; First Marathon America, Inc.; and A.G. Edwards & Sons
Licenses: Series 7, 63, 99 
Daewoo Securities (America) Inc.
Mirae Asset Securities (USA) Inc. 8
New Business Action Plan

9. Daewoo Securities (America) Inc.
Management Team Bios (continued)
Hyoseok Chae
Role: President
Years of Experience: 17 Years (1999)
Primary Expertise: Equity Sales, Equity Finance and Marketing
Firm History: Daewoo Securities and Daewoo Securities (America) Inc.
Licenses: Series 7, 24
Sanghyun Bae
Role: Chief Financial & Compliance Officer
Years of Experience: 22 Years (1994)
Primary Expertise: Compliance and financial and operations management
Firm History: Newedge, Merrill Lynch, Citi Bank; Korea Long Term Credit Bank
Licenses: Series 7, 24, 27, 55, 65, 99
Daewoo Securities (America) Inc.
Mirae Asset Securities (USA) Inc. 9
New Business Action Plan

10. Daewoo Securities (America) Inc.
Management Team Bios (continued)
Brandon E. Angus
Role: Chief Technology Officer
Years of Experience: 20 Years (1996)
Primary Expertise: Technology, Product Development, Prime Brokerage and Correspondent Clearing
Firm History: : Industrial and Commercial Bank of China’s Financial Services; Pershing LLC; Jefferies & Co.; Neuberger Berman; Charles Schwab
Lou De Simone
Role: Head of Operations
Years of Experience: 35 years (1981)
Expertise: Operations Equities, options,  Margin Credit and Risk. Prime Brokerage, Institutional Credit and Correspondent Clearing
Firm History: Industrial and Commercial Bank of China, Jefferies and Co., Banc of America Securities, ING, Neuberger Berman and Morgan Stanley
Licenses: Series 99  
Peter A. Marrinan
Role: Chief Risk Officer and Credit Officer
Years of Experience: 29 Years (1987)
Expertise: Credit analysis, correspondent clearing, prime brokerage and risk management
Firm History: Convergex Group, Apex Clearing Corp., Broadridge Financial Solutions, Inc., Bear Stearns & Co., Morgan Stanley & Co.
Licenses: Series 99
Daewoo Securities (America) Inc.
Mirae Asset Securities (USA) Inc. 10
New Business Action Plan

11. Mirae Asset Securities (USA) Inc.
End of Document
Mirae Asset Securities (USA) Inc.
810 7th Avenue New York, NY, 10019