[증권사 랩어카운트]③ KB證, 먼저 정체기 찾아온 2위의 '딜레마'

KB Securities faces a strategic dilemma as its Wrap Account service hits a plateau, characterized by a large customer base but low Assets Under Management (AUM) per contract. This trend signals a shift in the brokerage industry from simple quantitative expansion to qualitative competition focused on high-value asset management and product competitiveness.