diff --git a/backend/app/agents/__init__.py b/backend/app/agents/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/backend/app/agents/core/__init__.py b/backend/app/agents/core/__init__.py
new file mode 100644
index 0000000..c42a13b
--- /dev/null
+++ b/backend/app/agents/core/__init__.py
@@ -0,0 +1,15 @@
+from __future__ import annotations
+
+from app.agents.core.agent import Agent
+from app.agents.core.compact import ContextCompactor
+from app.agents.core.prompts import SystemPromptBuilder
+from app.agents.core.scratchpad import Scratchpad
+from app.agents.core.tool_executor import ToolExecutor
+
+__all__ = [
+    "Agent",
+    "ContextCompactor",
+    "Scratchpad",
+    "SystemPromptBuilder",
+    "ToolExecutor",
+]
diff --git a/backend/app/agents/core/agent.py b/backend/app/agents/core/agent.py
new file mode 100644
index 0000000..46676ee
--- /dev/null
+++ b/backend/app/agents/core/agent.py
@@ -0,0 +1,199 @@
+from __future__ import annotations
+
+import json
+from collections.abc import AsyncGenerator
+from dataclasses import dataclass, field
+from typing import Any
+
+from langchain_core.messages import (
+    AIMessage,
+    HumanMessage,
+    SystemMessage,
+    ToolMessage,
+)
+from langchain_core.tools import StructuredTool
+
+from app.agents.core.compact import ContextCompactor
+from app.agents.core.prompts import SystemPromptBuilder
+from app.agents.core.rules import RulesLoader
+from app.agents.core.scratchpad import Scratchpad
+from app.agents.core.tool_executor import ToolCall, ToolExecutor
+from app.agents.skills.registry import SkillRegistry
+from app.agents.tools.registry import ToolRegistry
+from app.agents.tools.types import RegisteredTool
+from app.services.llm import ModelTier, get_chat_model
+
+
+@dataclass
+class AgentConfig:
+    model_tier: ModelTier = ModelTier.STRONG
+    max_iterations: int = 20
+    temperature: float = 0.0
+    compact_threshold: int = 50000
+
+
+@dataclass
+class AgentEvent:
+    type: str
+    data: Any = field(default_factory=dict)
+
+
+def _make_langchain_tool(rt: RegisteredTool) -> StructuredTool:
+    async def _fn(**kwargs: Any) -> str:
+        result = await rt.execute(kwargs)
+        return result.to_str()
+
+    return StructuredTool.from_function(
+        coroutine=_fn,
+        name=rt.name,
+        description=rt.description,
+    )
+
+
+class Agent:
+    def __init__(
+        self,
+        config: AgentConfig | None = None,
+        tool_registry: ToolRegistry | None = None,
+        max_iterations: int | None = None,
+    ) -> None:
+        self._config = config or AgentConfig()
+        self._tool_registry = tool_registry
+        if max_iterations is not None:
+            self._config.max_iterations = max_iterations
+        self._scratchpad = Scratchpad()
+        self._compactor = ContextCompactor()
+
+    async def run(self, query: str) -> AsyncGenerator[AgentEvent, None]:
+        if self._tool_registry is not None:
+            tool_registry = self._tool_registry
+        else:
+            tool_registry = ToolRegistry.auto_register()
+
+        SkillRegistry.discover()
+
+        tools_section = tool_registry.build_compact_descriptions()
+        skills_section = SkillRegistry.build_skills_section()
+        rules = RulesLoader.load_rules()
+
+        system_prompt = SystemPromptBuilder.build(
+            tools_section=tools_section,
+            skills_section=skills_section,
+            rules=rules,
+        )
+
+        registered_tools = tool_registry.list_tools()
+        lc_tools = [_make_langchain_tool(rt) for rt in registered_tools]
+
+        llm = get_chat_model(
+            tier=self._config.model_tier,
+            temperature=self._config.temperature,
+        )
+        model = llm.bind_tools(lc_tools) if lc_tools else llm
+
+        messages: list = [
+            SystemMessage(content=system_prompt),
+            HumanMessage(content=query),
+        ]
+
+        executor = ToolExecutor(tool_registry)
+
+        for _iteration in range(self._config.max_iterations):
+            yield AgentEvent(type="thinking")
+
+            response: AIMessage = await model.ainvoke(messages)
+            messages.append(response)
+
+            if not response.tool_calls:
+                content = (
+                    response.content
+                    if isinstance(response.content, str)
+                    else str(response.content)
+                )
+                yield AgentEvent(type="response", data={"content": content})
+                yield AgentEvent(
+                    type="done", data={"final_response": content}
+                )
+                return
+
+            tool_calls = [
+                ToolCall(
+                    id=tc["id"],
+                    name=tc["name"],
+                    params=tc.get("args", {}),
+                )
+                for tc in response.tool_calls
+            ]
+
+            for tc in tool_calls:
+                yield AgentEvent(
+                    type="tool_start",
+                    data={"tool_name": tc.name, "params": tc.params},
+                )
+
+            async for event in executor.execute_tool_calls(tool_calls):
+                if event.error:
+                    yield AgentEvent(
+                        type="tool_error",
+                        data={
+                            "tool_name": event.tool_name,
+                            "error": event.error,
+                        },
+                    )
+                    result_str = f"오류: {event.error}"
+                else:
+                    result_str = (
+                        event.result.to_str() if event.result else ""
+                    )
+                    yield AgentEvent(
+                        type="tool_end",
+                        data={
+                            "tool_name": event.tool_name,
+                            "result": result_str,
+                        },
+                    )
+
+                self._scratchpad.add(
+                    tool_name=event.tool_name,
+                    params={},
+                    result=result_str,
+                )
+
+                messages.append(
+                    ToolMessage(
+                        content=result_str,
+                        tool_call_id=event.call_id,
+                    )
+                )
+
+            msg_dicts = [
+                {
+                    "role": getattr(m, "type", "unknown"),
+                    "content": str(getattr(m, "content", "")),
+                }
+                for m in messages
+            ]
+            if self._compactor.should_compact(
+                msg_dicts, self._config.compact_threshold
+            ):
+                compacted = await self._compactor.compact(
+                    msg_dicts, system_prompt
+                )
+                messages = [
+                    SystemMessage(content=compacted[0]["content"]),
+                    HumanMessage(content=compacted[1]["content"]),
+                ]
+                yield AgentEvent(type="compaction")
+
+        yield AgentEvent(
+            type="response",
+            data={
+                "content": "최대 반복 횟수에 도달했습니다. 분석을 완료하지 못했습니다."
+            },
+        )
+        yield AgentEvent(
+            type="done",
+            data={
+                "final_response": "최대 반복 횟수에 도달했습니다. 분석을 완료하지 못했습니다."
+            },
+        )
diff --git a/backend/app/agents/core/compact.py b/backend/app/agents/core/compact.py
new file mode 100644
index 0000000..86cf11b
--- /dev/null
+++ b/backend/app/agents/core/compact.py
@@ -0,0 +1,84 @@
+from __future__ import annotations
+
+from langchain_core.messages import HumanMessage, SystemMessage
+
+from app.services.llm import ModelTier, get_chat_model
+
+COMPACTION_PROMPT = """당신은 대화 요약 전문가입니다. 아래 대화를 구조화된 요약으로 압축하세요.
+
+반드시 다음 섹션을 포함하세요:
+## 원래 질문
+## 핵심 데이터
+## 분석 진행 상황
+## 수치 데이터 (정확한 값 유지)
+## 오류/이슈
+## 다음 단계"""
+
+
+class ContextCompactor:
+    """대화 컨텍스트가 너무 커지면 LLM으로 요약하여 압축합니다."""
+
+    @staticmethod
+    def _estimate_tokens(text: str) -> int:
+        """텍스트의 토큰 수를 추정합니다 (~4자당 1토큰)."""
+        return len(text) // 4
+
+    def should_compact(
+        self, messages: list[dict], threshold: int = 50000
+    ) -> bool:
+        """메시지의 토큰 추정치가 임계값을 초과하는지 확인합니다.
+
+        Args:
+            messages: 대화 메시지 목록.
+            threshold: 토큰 임계값 (기본 50,000).
+
+        Returns:
+            압축이 필요하면 True.
+        """
+        total_text = "".join(
+            str(m.get("content", "")) for m in messages
+        )
+        return self._estimate_tokens(total_text) > threshold
+
+    async def compact(
+        self, messages: list[dict], system_prompt: str
+    ) -> list[dict]:
+        """대화를 요약하여 압축된 메시지 목록을 반환합니다.
+
+        Args:
+            messages: 기존 대화 메시지 목록.
+            system_prompt: 원래 시스템 프롬프트.
+
+        Returns:
+            압축된 메시지 목록 (시스템 메시지 + 요약 메시지).
+        """
+        # 대화 내용을 텍스트로 변환
+        conversation_lines: list[str] = []
+        for msg in messages:
+            role = msg.get("role", "unknown")
+            content = str(msg.get("content", ""))
+            conversation_lines.append(f"[{role}]: {content}")
+
+        conversation_text = "\n".join(conversation_lines)
+
+        llm = get_chat_model(tier=ModelTier.FAST)
+        response = await llm.ainvoke(
+            [
+                SystemMessage(content=COMPACTION_PROMPT),
+                HumanMessage(content=conversation_text),
+            ]
+        )
+
+        summary_content = (
+            response.content
+            if isinstance(response.content, str)
+            else str(response.content)
+        )
+
+        return [
+            {"role": "system", "content": system_prompt},
+            {
+                "role": "user",
+                "content": f"[이전 대화 요약]\n{summary_content}",
+            },
+        ]
diff --git a/backend/app/agents/core/prompts.py b/backend/app/agents/core/prompts.py
new file mode 100644
index 0000000..9ee1995
--- /dev/null
+++ b/backend/app/agents/core/prompts.py
@@ -0,0 +1,59 @@
+from __future__ import annotations
+
+from datetime import date
+
+_SYSTEM_PROMPT_TEMPLATE = """당신은 Galaxis-Po 투자 분석 에이전트입니다.
+한국 퇴직연금(DC) 포트폴리오 관리를 위한 퀀트 분석을 수행합니다.
+
+## 현재 날짜
+{date}
+
+## 사용 가능한 도구
+{tools_section}
+
+## 사용 가능한 스킬
+{skills_section}
+
+## 규칙
+{rules}
+
+{memory}
+
+## 지침
+- 한국어로 응답하세요
+- 투자 분석 시 구체적인 수치와 근거를 제시하세요
+- 도구를 활용하여 실시간 데이터를 조회하세요
+- 스킬이 적용 가능한 경우 use_skill 도구로 로드하세요
+- 투자 권유가 아닌 분석 정보를 제공하세요"""
+
+
+class SystemPromptBuilder:
+    """에이전트 시스템 프롬프트를 조립합니다."""
+
+    @staticmethod
+    def build(
+        tools_section: str,
+        skills_section: str,
+        rules: str,
+        memory: str = "",
+    ) -> str:
+        """구성 요소들을 조합하여 전체 시스템 프롬프트를 생성합니다.
+
+        Args:
+            tools_section: 도구 설명 텍스트.
+            skills_section: 스킬 설명 텍스트.
+            rules: 프로젝트 규칙.
+            memory: 추가 메모리/컨텍스트 (선택).
+
+        Returns:
+            완성된 시스템 프롬프트 문자열.
+        """
+        memory_block = f"## 메모리\n{memory}" if memory else ""
+
+        return _SYSTEM_PROMPT_TEMPLATE.format(
+            date=date.today().isoformat(),
+            tools_section=tools_section or "등록된 도구 없음",
+            skills_section=skills_section or "등록된 스킬 없음",
+            rules=rules or "추가 규칙 없음",
+            memory=memory_block,
+        )
diff --git a/backend/app/agents/core/rules.py b/backend/app/agents/core/rules.py
new file mode 100644
index 0000000..764a210
--- /dev/null
+++ b/backend/app/agents/core/rules.py
@@ -0,0 +1,35 @@
+from __future__ import annotations
+
+from pathlib import Path
+
+
+class RulesLoader:
+    """프로젝트 규칙 파일(RULES.md)을 로드합니다."""
+
+    @staticmethod
+    def load_rules(project_root: Path | None = None) -> str:
+        """프로젝트 루트에서 RULES.md를 찾아 내용을 반환합니다.
+
+        탐색 순서:
+        1. {project_root}/RULES.md
+        2. {project_root}/.claude/RULES.md
+
+        Args:
+            project_root: 프로젝트 루트 디렉토리. None이면 빈 문자열 반환.
+
+        Returns:
+            RULES.md 내용 또는 빈 문자열.
+        """
+        if project_root is None:
+            return ""
+
+        candidates = [
+            project_root / "RULES.md",
+            project_root / ".claude" / "RULES.md",
+        ]
+
+        for path in candidates:
+            if path.is_file():
+                return path.read_text(encoding="utf-8")
+
+        return ""
diff --git a/backend/app/agents/core/scratchpad.py b/backend/app/agents/core/scratchpad.py
new file mode 100644
index 0000000..deb6b3c
--- /dev/null
+++ b/backend/app/agents/core/scratchpad.py
@@ -0,0 +1,68 @@
+from __future__ import annotations
+
+from dataclasses import dataclass, field
+from datetime import datetime
+
+
+@dataclass
+class ScratchpadEntry:
+    """도구 실행 기록 항목."""
+
+    tool_name: str
+    params: dict
+    result: str
+    timestamp: datetime
+    token_estimate: int
+
+
+class Scratchpad:
+    """도구 실행 이력과 토큰 추정치를 추적합니다."""
+
+    def __init__(self) -> None:
+        self.entries: list[ScratchpadEntry] = []
+
+    def add(self, tool_name: str, params: dict, result: str) -> None:
+        """도구 실행 결과를 기록합니다.
+
+        Args:
+            tool_name: 실행된 도구 이름.
+            params: 도구에 전달된 매개변수.
+            result: 도구 실행 결과 문자열.
+        """
+        token_estimate = max(len(result) // 4, 1)
+        entry = ScratchpadEntry(
+            tool_name=tool_name,
+            params=params,
+            result=result,
+            timestamp=datetime.now(),
+            token_estimate=token_estimate,
+        )
+        self.entries.append(entry)
+
+    def total_tokens(self) -> int:
+        """전체 기록의 추정 토큰 수를 반환합니다."""
+        return sum(e.token_estimate for e in self.entries)
+
+    def format_history(self) -> str:
+        """도구 실행 이력을 포맷된 문자열로 반환합니다."""
+        if not self.entries:
+            return "도구 실행 이력 없음"
+
+        lines: list[str] = []
+        for i, entry in enumerate(self.entries, 1):
+            lines.append(
+                f"[{i}] {entry.tool_name} "
+                f"({entry.timestamp.strftime('%H:%M:%S')}) "
+                f"토큰≈{entry.token_estimate}"
+            )
+            lines.append(f"    params: {entry.params}")
+            # 결과가 너무 길면 잘라냄
+            result_preview = entry.result[:200]
+            if len(entry.result) > 200:
+                result_preview += "..."
+            lines.append(f"    result: {result_preview}")
+        return "\n".join(lines)
+
+    def clear(self) -> None:
+        """모든 기록을 삭제합니다."""
+        self.entries.clear()
diff --git a/backend/app/agents/core/tool_executor.py b/backend/app/agents/core/tool_executor.py
new file mode 100644
index 0000000..5db60e7
--- /dev/null
+++ b/backend/app/agents/core/tool_executor.py
@@ -0,0 +1,102 @@
+from __future__ import annotations
+
+import asyncio
+from collections.abc import AsyncGenerator
+from dataclasses import dataclass, field
+from typing import Any
+
+from app.agents.tools.types import ToolResult
+from app.agents.tools.registry import ToolRegistry
+
+
+@dataclass
+class ToolCall:
+    """도구 호출 요청."""
+
+    id: str
+    name: str
+    params: dict
+
+
+@dataclass
+class ToolEvent:
+    """도구 실행 결과 이벤트."""
+
+    call_id: str
+    tool_name: str
+    result: ToolResult | None = None
+    error: str | None = None
+
+
+class ToolExecutor:
+    """도구 호출을 동시성 안전 여부에 따라 분류하여 실행합니다."""
+
+    def __init__(
+        self, registry: ToolRegistry, max_concurrency: int = 5
+    ) -> None:
+        self._registry = registry
+        self._semaphore = asyncio.Semaphore(max_concurrency)
+
+    async def _execute_single(self, call: ToolCall) -> ToolEvent:
+        """단일 도구를 실행하고 ToolEvent를 반환합니다."""
+        tool = self._registry.get(call.name)
+        if tool is None:
+            return ToolEvent(
+                call_id=call.id,
+                tool_name=call.name,
+                error=f"도구를 찾을 수 없습니다: {call.name}",
+            )
+
+        try:
+            async with self._semaphore:
+                result = await tool.execute(call.params)
+            return ToolEvent(
+                call_id=call.id,
+                tool_name=call.name,
+                result=result,
+            )
+        except Exception as exc:
+            return ToolEvent(
+                call_id=call.id,
+                tool_name=call.name,
+                error=f"{type(exc).__name__}: {exc}",
+            )
+
+    async def execute_tool_calls(
+        self, tool_calls: list[ToolCall]
+    ) -> AsyncGenerator[ToolEvent, None]:
+        """도구 호출 목록을 실행합니다.
+
+        동시성 안전한 도구는 asyncio.gather로 병렬 실행하고,
+        그렇지 않은 도구는 순차적으로 실행합니다.
+
+        Args:
+            tool_calls: 실행할 도구 호출 목록.
+
+        Yields:
+            각 도구 실행 결과에 대한 ToolEvent.
+        """
+        concurrency_map = self._registry.get_concurrency_map()
+
+        concurrent_calls: list[ToolCall] = []
+        serial_calls: list[ToolCall] = []
+
+        for call in tool_calls:
+            if concurrency_map.get(call.name, False):
+                concurrent_calls.append(call)
+            else:
+                serial_calls.append(call)
+
+        # 병렬 실행 가능한 도구들
+        if concurrent_calls:
+            tasks = [
+                self._execute_single(call) for call in concurrent_calls
+            ]
+            results = await asyncio.gather(*tasks)
+            for event in results:
+                yield event
+
+        # 순차 실행해야 하는 도구들
+        for call in serial_calls:
+            event = await self._execute_single(call)
+            yield event
diff --git a/backend/app/agents/skills/__init__.py b/backend/app/agents/skills/__init__.py
new file mode 100644
index 0000000..e0cfb6c
--- /dev/null
+++ b/backend/app/agents/skills/__init__.py
@@ -0,0 +1,12 @@
+from app.agents.skills.loader import SkillLoader
+from app.agents.skills.registry import SkillRegistry
+from app.agents.skills.tool import create_skill_tool
+from app.agents.skills.types import Skill, SkillMetadata
+
+__all__ = [
+    "Skill",
+    "SkillLoader",
+    "SkillMetadata",
+    "SkillRegistry",
+    "create_skill_tool",
+]
diff --git a/backend/app/agents/skills/builtin/__init__.py b/backend/app/agents/skills/builtin/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/backend/app/agents/skills/builtin/dcf/SKILL.md b/backend/app/agents/skills/builtin/dcf/SKILL.md
new file mode 100644
index 0000000..ec224ff
--- /dev/null
+++ b/backend/app/agents/skills/builtin/dcf/SKILL.md
@@ -0,0 +1,89 @@
+---
+name: dcf-kr
+description: 한국 주식시장용 DCF(할인현금흐름) 밸류에이션 분석
+---
+
+# DCF 밸류에이션 분석 (한국 시장)
+
+## 실행 체크리스트
+
+- [ ] 1단계: 재무 데이터 수집
+- [ ] 2단계: FCF 성장률 산출
+- [ ] 3단계: WACC 추정
+- [ ] 4단계: 미래 현금흐름 추정
+- [ ] 5단계: 현재가치 할인 및 주당 내재가치 산출
+- [ ] 6단계: 민감도 분석
+- [ ] 7단계: 검증
+- [ ] 8단계: 최종 보고서 작성
+
+## 1단계: 재무 데이터 수집
+
+get_financials 도구로 다음 데이터를 수집:
+- 최근 5년 현금흐름표 (영업활동CF, CAPEX, FCF)
+- 재무비율 (ROE, ROA, 부채비율)
+- 대차대조표 (총부채, 현금성자산, 발행주식수)
+- 시가총액, 현재 주가
+
+## 2단계: FCF 성장률 산출
+
+- 5년 FCF CAGR 계산
+- 매출 성장률, 영업이익률 추이와 교차 검증
+- 한국 시장 특성: 성장률 상한 15%
+
+## 3단계: WACC 추정
+
+한국 시장 기본 가정:
+- 무위험이자율: 3.0-3.5% (국고채 10년)
+- 시장위험프리미엄: 6-8%
+- 베타: 업종별 차등 적용
+
+### 업종별 WACC 참고 범위
+| 업종 | WACC 범위 |
+|------|-----------|
+| 반도체 | 9-11% |
+| 자동차 | 8-10% |
+| 바이오 | 11-14% |
+| 인터넷/플랫폼 | 9-12% |
+| 유통/소매 | 8-10% |
+| 금융 | 7-9% |
+| 건설 | 9-11% |
+| 에너지 | 8-10% |
+| 통신 | 7-9% |
+| 유틸리티 | 6-8% |
+
+## 4단계: 미래 현금흐름 추정 (5년)
+
+- Year 1-5 FCF = 전년 FCF × (1 + 성장률) × 감쇠계수
+- 감쇠계수: [1.0, 0.95, 0.90, 0.85, 0.80]
+- 영구성장가치(Terminal Value) = Year5 FCF × (1 + 영구성장률) / (WACC - 영구성장률)
+- 영구성장률: 2.0-2.5% (한국 GDP 성장률 수준)
+
+## 5단계: 현재가치 할인 및 주당 내재가치
+
+- 각 연도 FCF를 WACC로 할인
+- Enterprise Value = PV(FCF) + PV(Terminal Value)
+- Equity Value = EV - 순부채 (총부채 - 현금)
+- 주당 내재가치 = Equity Value / 발행주식수
+
+## 6단계: 민감도 분석
+
+3×3 매트릭스:
+- WACC: 기본값 ± 1%
+- 영구성장률: 2.0%, 2.5%, 3.0%
+
+## 7단계: 검증
+
+- [ ] EV 산출값과 시가총액 비교 (±50% 이내)
+- [ ] Terminal Value 비중 < 75%
+- [ ] EV/FCF 배수 합리성 (10-30x)
+- [ ] 동종업계 PER과 비교
+
+## 8단계: 최종 보고서
+
+1. 기업 개요 및 투자 논거
+2. 핵심 가정 (성장률, WACC, 영구성장률)
+3. DCF 밸류에이션 결과 (주당 내재가치, 현재가 대비 괴리율)
+4. 민감도 분석 매트릭스
+5. 리스크 요인 및 제한사항
+
+> 본 분석은 참고용이며 투자 권유가 아닙니다. 실제 투자 결정 전 전문가 상담을 권장합니다.
diff --git a/backend/app/agents/skills/builtin/kim-jong-bong-strategy/SKILL.md b/backend/app/agents/skills/builtin/kim-jong-bong-strategy/SKILL.md
new file mode 100644
index 0000000..9063454
--- /dev/null
+++ b/backend/app/agents/skills/builtin/kim-jong-bong-strategy/SKILL.md
@@ -0,0 +1,72 @@
+---
+name: kim-jong-bong-strategy
+description: 김종봉 단기매매 전략 - 상대강도 기반 종목 선정 및 매매 시그널 생성
+---
+
+# 김종봉 전략 분석
+
+## 실행 체크리스트
+
+- [ ] 1단계: 유니버스 구성 (시가총액 Top 30, 거래대금 2000억+)
+- [ ] 2단계: 상대강도 분석 (종목 수익률 vs 코스피)
+- [ ] 3단계: 차트 패턴 감지 (박스권 돌파, 장대양봉)
+- [ ] 4단계: 매수 시그널 생성
+- [ ] 5단계: 포트폴리오 구성 및 리스크 관리
+- [ ] 6단계: 청산 규칙 적용
+
+## 전략 개요
+
+- 목표 수익률: 월 10%
+- 종목 수: 5-10개
+- 현금 비중: 30%
+- 보유 기간: 수일~수주
+
+## 1단계: 유니버스 구성
+
+get_market_data 도구로 데이터 수집:
+- 시가총액 상위 30개 종목
+- 일 거래대금 >= 2,000억원 필터
+
+## 2단계: 상대강도 분석
+
+- RS = (종목 수익률 / 코스피 수익률) × 100
+- RS > 100이면 시장 대비 강세
+- 기본 lookback: 10일 (2주)
+
+## 3단계: 차트 패턴 감지
+
+### 박스권 돌파
+- 종가 > 직전 20일 최고가
+
+### 장대양봉
+- 일 수익률 >= 5%
+- 거래량 >= 20일 평균 × 1.5
+
+## 4단계: 매수 시그널
+
+매수 조건 = RS > 100 AND (박스권 돌파 OR 장대양봉)
+
+## 5단계: 포트폴리오 구성
+
+| 항목 | 기준 |
+|------|------|
+| 종목당 투자금 | 총자산 / 최대종목수 |
+| 최대 종목 수 | 10개 |
+| 현금 비중 | 30% |
+| 리밸런싱 | 분기별 |
+
+## 6단계: 청산 규칙
+
+| 유형 | 기준 |
+|------|------|
+| 손절 | -3% |
+| 1차 익절 | +5% (50% 물량) |
+| 2차 익절 | +10% (나머지) |
+| 트레일링 스톱 | +5% 도달 시 손절선을 본전으로 상향 |
+
+## 리스크 관리
+
+- 종목당 최대 손실: -3%
+- 포트폴리오 최대 손실: -10%
+- 승률 목표: 60%+
+- 손익비: 1:1.5+
diff --git a/backend/app/agents/skills/loader.py b/backend/app/agents/skills/loader.py
new file mode 100644
index 0000000..cd7a58c
--- /dev/null
+++ b/backend/app/agents/skills/loader.py
@@ -0,0 +1,61 @@
+from __future__ import annotations
+
+from pathlib import Path
+
+import yaml
+
+from app.agents.skills.types import Skill, SkillMetadata, SkillSource
+
+
+class SkillLoader:
+    """SKILL.md 파일 파싱 및 로딩."""
+
+    @staticmethod
+    def parse_skill_file(content: str, path: str, source: SkillSource) -> Skill:
+        """YAML frontmatter + markdown body를 파싱하여 Skill 객체 반환."""
+        frontmatter, instructions = SkillLoader._split_frontmatter(content)
+        meta = yaml.safe_load(frontmatter) or {}
+        return Skill(
+            name=meta.get("name", ""),
+            description=meta.get("description", ""),
+            path=path,
+            source=source,
+            instructions=instructions.strip(),
+        )
+
+    @staticmethod
+    def load_from_path(path: str | Path, source: SkillSource) -> Skill:
+        """파일 경로에서 Skill을 로드."""
+        p = Path(path)
+        content = p.read_text(encoding="utf-8")
+        return SkillLoader.parse_skill_file(content, str(p), source)
+
+    @staticmethod
+    def extract_metadata(path: str | Path, source: SkillSource) -> SkillMetadata:
+        """frontmatter만 파싱하여 경량 메타데이터 반환."""
+        p = Path(path)
+        content = p.read_text(encoding="utf-8")
+        frontmatter, _ = SkillLoader._split_frontmatter(content)
+        meta = yaml.safe_load(frontmatter) or {}
+        return SkillMetadata(
+            name=meta.get("name", ""),
+            description=meta.get("description", ""),
+            path=str(p),
+            source=source,
+        )
+
+    @staticmethod
+    def _split_frontmatter(content: str) -> tuple[str, str]:
+        """--- 마커 사이의 YAML frontmatter와 나머지 body를 분리."""
+        stripped = content.strip()
+        if not stripped.startswith("---"):
+            return "", content
+
+        # 두 번째 --- 찾기
+        end_idx = stripped.find("---", 3)
+        if end_idx == -1:
+            return "", content
+
+        frontmatter = stripped[3:end_idx].strip()
+        body = stripped[end_idx + 3 :]
+        return frontmatter, body
diff --git a/backend/app/agents/skills/registry.py b/backend/app/agents/skills/registry.py
new file mode 100644
index 0000000..085dafa
--- /dev/null
+++ b/backend/app/agents/skills/registry.py
@@ -0,0 +1,52 @@
+from __future__ import annotations
+
+from pathlib import Path
+
+from app.agents.skills.loader import SkillLoader
+from app.agents.skills.types import Skill, SkillMetadata
+
+
+class SkillRegistry:
+    """builtin 스킬 탐색 및 캐싱."""
+
+    BUILTIN_DIR: Path = Path(__file__).parent / "builtin"
+    _cache: dict[str, SkillMetadata] = {}
+
+    @classmethod
+    def discover(cls) -> list[SkillMetadata]:
+        """BUILTIN_DIR 하위의 */SKILL.md 패턴을 스캔하여 메타데이터 캐싱."""
+        cls._cache.clear()
+        for skill_file in sorted(cls.BUILTIN_DIR.glob("*/SKILL.md")):
+            meta = SkillLoader.extract_metadata(skill_file, "builtin")
+            if meta.name:
+                cls._cache[meta.name] = meta
+        return list(cls._cache.values())
+
+    @classmethod
+    def get(cls, name: str) -> Skill | None:
+        """캐시에서 이름으로 조회 후 전체 Skill(instructions 포함) 로드."""
+        if not cls._cache:
+            cls.discover()
+        meta = cls._cache.get(name)
+        if meta is None:
+            return None
+        return SkillLoader.load_from_path(meta.path, meta.source)
+
+    @classmethod
+    def list_skills(cls) -> list[SkillMetadata]:
+        return list(cls._cache.values())
+
+    @classmethod
+    def build_skills_section(cls) -> str:
+        """시스템 프롬프트에 삽입할 스킬 목록 텍스트 생성."""
+        skills = cls.list_skills()
+        if not skills:
+            return ""
+        lines = ["## 사용 가능한 스킬\n"]
+        for s in skills:
+            lines.append(f"- **{s.name}**: {s.description}")
+        return "\n".join(lines)
+
+    @classmethod
+    def clear_cache(cls) -> None:
+        cls._cache.clear()
diff --git a/backend/app/agents/skills/tool.py b/backend/app/agents/skills/tool.py
new file mode 100644
index 0000000..29f4dc4
--- /dev/null
+++ b/backend/app/agents/skills/tool.py
@@ -0,0 +1,35 @@
+from __future__ import annotations
+
+from typing import Any
+
+from app.agents.skills.registry import SkillRegistry
+from app.agents.tools.types import RegisteredTool, ToolResult
+
+
+def create_skill_tool() -> RegisteredTool:
+    """use_skill 도구를 생성하여 반환."""
+
+    async def execute(args: dict[str, Any]) -> ToolResult:
+        skill_name: str = args["skill_name"]
+        skill = SkillRegistry.get(skill_name)
+        if skill is None:
+            available = SkillRegistry.list_skills()
+            names = [s.name for s in available]
+            return ToolResult(
+                data=(
+                    f"스킬 '{skill_name}'을(를) 찾을 수 없습니다. "
+                    f"사용 가능한 스킬: {', '.join(names) or '없음'}"
+                ),
+            )
+        return ToolResult(data=skill.instructions)
+
+    return RegisteredTool(
+        name="use_skill",
+        description=(
+            "스킬을 로드하여 전문 분석 워크플로우를 실행합니다. "
+            "사용 가능한 스킬 목록에서 선택하세요."
+        ),
+        compact_description="스킬 실행",
+        execute=execute,
+        concurrency_safe=True,
+    )
diff --git a/backend/app/agents/skills/types.py b/backend/app/agents/skills/types.py
new file mode 100644
index 0000000..ae9723f
--- /dev/null
+++ b/backend/app/agents/skills/types.py
@@ -0,0 +1,23 @@
+from __future__ import annotations
+
+from dataclasses import dataclass
+from typing import Literal
+
+SkillSource = Literal["builtin", "user", "project"]
+
+
+@dataclass
+class SkillMetadata:
+    name: str
+    description: str
+    path: str
+    source: SkillSource
+
+
+@dataclass
+class Skill:
+    name: str
+    description: str
+    path: str
+    source: SkillSource
+    instructions: str
diff --git a/backend/app/agents/tools/__init__.py b/backend/app/agents/tools/__init__.py
new file mode 100644
index 0000000..b7c7613
--- /dev/null
+++ b/backend/app/agents/tools/__init__.py
@@ -0,0 +1,6 @@
+from __future__ import annotations
+
+from app.agents.tools.types import ToolResult, RegisteredTool
+from app.agents.tools.registry import ToolRegistry
+
+__all__ = ["ToolResult", "RegisteredTool", "ToolRegistry"]
diff --git a/backend/app/agents/tools/filesystem/__init__.py b/backend/app/agents/tools/filesystem/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/backend/app/agents/tools/filesystem/edit_file.py b/backend/app/agents/tools/filesystem/edit_file.py
new file mode 100644
index 0000000..ab566ac
--- /dev/null
+++ b/backend/app/agents/tools/filesystem/edit_file.py
@@ -0,0 +1,69 @@
+from __future__ import annotations
+
+import asyncio
+from functools import partial
+from pathlib import Path
+from typing import Any
+
+from app.agents.tools.types import RegisteredTool, ToolResult
+
+PROJECT_ROOT = Path(__file__).resolve().parents[5]
+
+
+def _validate_path(raw_path: str) -> Path:
+    """경로를 검증하고 절대 경로로 변환합니다."""
+    resolved = (PROJECT_ROOT / raw_path).resolve()
+    if not resolved.is_relative_to(PROJECT_ROOT):
+        raise ValueError(f"프로젝트 외부 경로 접근 불가: {raw_path}")
+    return resolved
+
+
+def _edit_sync(path: Path, old_string: str, new_string: str) -> str:
+    content = path.read_text(encoding="utf-8")
+    count = content.count(old_string)
+    if count == 0:
+        raise ValueError("old_string을 파일에서 찾을 수 없습니다")
+    if count > 1:
+        raise ValueError(f"old_string이 {count}회 발견됨 — 고유한 문자열을 제공해 주세요")
+    updated = content.replace(old_string, new_string, 1)
+    path.write_text(updated, encoding="utf-8")
+    return "파일 수정 완료"
+
+
+def create_edit_file_tool() -> RegisteredTool:
+    """파일 수정 도구를 생성합니다."""
+
+    async def execute(params: dict[str, Any]) -> ToolResult:
+        raw_path: str = params["path"]
+        old_string: str = params["old_string"]
+        new_string: str = params["new_string"]
+
+        try:
+            path = _validate_path(raw_path)
+        except ValueError as e:
+            return ToolResult(data=f"오류: {e}")
+
+        if not path.exists():
+            return ToolResult(data=f"파일 없음: {raw_path}")
+        if not path.is_file():
+            return ToolResult(data=f"파일이 아님: {raw_path}")
+
+        loop = asyncio.get_running_loop()
+        try:
+            result = await loop.run_in_executor(
+                None, partial(_edit_sync, path, old_string, new_string)
+            )
+        except ValueError as e:
+            return ToolResult(data=f"수정 실패: {e}")
+        except Exception as e:
+            return ToolResult(data=f"파일 수정 실패: {e}")
+
+        return ToolResult(data=result)
+
+    return RegisteredTool(
+        name="edit_file",
+        description="파일의 특정 부분을 수정합니다. 정확한 old_string을 제공해야 합니다.",
+        compact_description="파일 수정",
+        concurrency_safe=False,
+        execute=execute,
+    )
diff --git a/backend/app/agents/tools/filesystem/read_file.py b/backend/app/agents/tools/filesystem/read_file.py
new file mode 100644
index 0000000..2e0a621
--- /dev/null
+++ b/backend/app/agents/tools/filesystem/read_file.py
@@ -0,0 +1,65 @@
+from __future__ import annotations
+
+import asyncio
+from functools import partial
+from pathlib import Path
+from typing import Any
+
+from app.agents.tools.types import RegisteredTool, ToolResult
+
+PROJECT_ROOT = Path(__file__).resolve().parents[5]
+
+
+def _validate_path(raw_path: str) -> Path:
+    """경로를 검증하고 절대 경로로 변환합니다.
+
+    프로젝트 루트 외부 접근 및 경로 순회 공격을 차단합니다.
+    """
+    resolved = (PROJECT_ROOT / raw_path).resolve()
+    if not resolved.is_relative_to(PROJECT_ROOT):
+        raise ValueError(f"프로젝트 외부 경로 접근 불가: {raw_path}")
+    return resolved
+
+
+def _read_sync(path: Path, offset: int, limit: int) -> str:
+    text = path.read_text(encoding="utf-8")
+    lines = text.splitlines(keepends=True)
+    selected = lines[offset : offset + limit]
+    return "".join(selected)
+
+
+def create_read_file_tool() -> RegisteredTool:
+    """파일 읽기 도구를 생성합니다."""
+
+    async def execute(params: dict[str, Any]) -> ToolResult:
+        raw_path: str = params["path"]
+        offset: int = params.get("offset", 0)
+        limit: int = params.get("limit", 2000)
+
+        try:
+            path = _validate_path(raw_path)
+        except ValueError as e:
+            return ToolResult(data=f"오류: {e}")
+
+        if not path.exists():
+            return ToolResult(data=f"파일 없음: {raw_path}")
+        if not path.is_file():
+            return ToolResult(data=f"파일이 아님: {raw_path}")
+
+        loop = asyncio.get_running_loop()
+        try:
+            content = await loop.run_in_executor(
+                None, partial(_read_sync, path, offset, limit)
+            )
+        except Exception as e:
+            return ToolResult(data=f"파일 읽기 실패: {e}")
+
+        return ToolResult(data=content)
+
+    return RegisteredTool(
+        name="read_file",
+        description="파일 내용을 읽습니다. 프로젝트 내 파일만 접근 가능합니다.",
+        compact_description="파일 읽기",
+        concurrency_safe=True,
+        execute=execute,
+    )
diff --git a/backend/app/agents/tools/filesystem/write_file.py b/backend/app/agents/tools/filesystem/write_file.py
new file mode 100644
index 0000000..9d82b99
--- /dev/null
+++ b/backend/app/agents/tools/filesystem/write_file.py
@@ -0,0 +1,52 @@
+from __future__ import annotations
+
+import asyncio
+from functools import partial
+from pathlib import Path
+from typing import Any
+
+from app.agents.tools.types import RegisteredTool, ToolResult
+
+PROJECT_ROOT = Path(__file__).resolve().parents[5]
+
+
+def _validate_path(raw_path: str) -> Path:
+    """경로를 검증하고 절대 경로로 변환합니다."""
+    resolved = (PROJECT_ROOT / raw_path).resolve()
+    if not resolved.is_relative_to(PROJECT_ROOT):
+        raise ValueError(f"프로젝트 외부 경로 접근 불가: {raw_path}")
+    return resolved
+
+
+def _write_sync(path: Path, content: str) -> None:
+    path.parent.mkdir(parents=True, exist_ok=True)
+    path.write_text(content, encoding="utf-8")
+
+
+def create_write_file_tool() -> RegisteredTool:
+    """파일 쓰기 도구를 생성합니다."""
+
+    async def execute(params: dict[str, Any]) -> ToolResult:
+        raw_path: str = params["path"]
+        content: str = params["content"]
+
+        try:
+            path = _validate_path(raw_path)
+        except ValueError as e:
+            return ToolResult(data=f"오류: {e}")
+
+        loop = asyncio.get_running_loop()
+        try:
+            await loop.run_in_executor(None, partial(_write_sync, path, content))
+        except Exception as e:
+            return ToolResult(data=f"파일 쓰기 실패: {e}")
+
+        return ToolResult(data=f"파일 작성 완료: {raw_path}")
+
+    return RegisteredTool(
+        name="write_file",
+        description="파일에 내용을 씁니다. 프로젝트 내 파일만 수정 가능합니다.",
+        compact_description="파일 쓰기",
+        concurrency_safe=False,
+        execute=execute,
+    )
diff --git a/backend/app/agents/tools/finance/__init__.py b/backend/app/agents/tools/finance/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/backend/app/agents/tools/finance/get_financials.py b/backend/app/agents/tools/finance/get_financials.py
new file mode 100644
index 0000000..71558b4
--- /dev/null
+++ b/backend/app/agents/tools/finance/get_financials.py
@@ -0,0 +1,29 @@
+from __future__ import annotations
+
+from app.agents.tools.meta_tool import MetaTool, SubTool
+from app.agents.tools.finance.sub_tools import (
+    get_financial_statements,
+    get_market_metrics,
+)
+
+
+class FinancialsTool(MetaTool):
+    """재무제표, 재무비율, 밸류에이션 지표를 조회하는 메타 도구."""
+
+    NAME = "get_financials"
+    DESCRIPTION = "재무제표, 재무비율, 밸류에이션 지표 조회"
+
+    @property
+    def sub_tools(self) -> list[SubTool]:
+        return [
+            SubTool(
+                name="get_financial_statements",
+                description="종목의 BPS, PER, PBR, EPS 등 재무제표 데이터 조회 (ticker, year)",
+                handler=get_financial_statements,
+            ),
+            SubTool(
+                name="get_market_metrics",
+                description="종목의 시가총액, PER, PBR 등 시장 밸류에이션 지표 조회 (ticker, date)",
+                handler=get_market_metrics,
+            ),
+        ]
diff --git a/backend/app/agents/tools/finance/get_market_data.py b/backend/app/agents/tools/finance/get_market_data.py
new file mode 100644
index 0000000..1a5363b
--- /dev/null
+++ b/backend/app/agents/tools/finance/get_market_data.py
@@ -0,0 +1,26 @@
+from __future__ import annotations
+
+from app.agents.tools.meta_tool import MetaTool, SubTool
+from app.agents.tools.finance.sub_tools import get_stock_price, get_market_index
+
+
+class MarketDataTool(MetaTool):
+    """주가, 거래량, 시장 지수 등 시장 데이터를 조회하는 메타 도구."""
+
+    NAME = "get_market_data"
+    DESCRIPTION = "주가, 거래량, 시장 지수 등 시장 데이터 조회"
+
+    @property
+    def sub_tools(self) -> list[SubTool]:
+        return [
+            SubTool(
+                name="get_stock_price",
+                description="종목 OHLCV(시가/고가/저가/종가/거래량) 데이터 조회 (ticker, start_date, end_date)",
+                handler=get_stock_price,
+            ),
+            SubTool(
+                name="get_market_index",
+                description="KOSPI/KOSDAQ 지수 OHLCV 데이터 조회 (index_code, start_date, end_date)",
+                handler=get_market_index,
+            ),
+        ]
diff --git a/backend/app/agents/tools/finance/sub_tools.py b/backend/app/agents/tools/finance/sub_tools.py
new file mode 100644
index 0000000..f78184c
--- /dev/null
+++ b/backend/app/agents/tools/finance/sub_tools.py
@@ -0,0 +1,124 @@
+from __future__ import annotations
+
+import logging
+from typing import Any
+
+from app.agents.tools.types import ToolResult
+
+logger = logging.getLogger(__name__)
+
+
+async def get_stock_price(params: dict[str, Any]) -> ToolResult:
+    """종목 OHLCV 데이터를 pykrx로 조회한다."""
+    from pykrx import stock as pykrx_stock
+
+    ticker = params.get("ticker", "")
+    start_date = params.get("start_date", "")
+    end_date = params.get("end_date", "")
+
+    if not all([ticker, start_date, end_date]):
+        return ToolResult(data="Error: ticker, start_date, end_date 모두 필수입니다.")
+
+    try:
+        df = pykrx_stock.get_market_ohlcv_by_date(start_date, end_date, ticker)
+        if df.empty:
+            return ToolResult(data=f"데이터 없음: {ticker} ({start_date}~{end_date})")
+
+        records = df.reset_index().to_dict(orient="records")
+        return ToolResult(
+            data={"ticker": ticker, "period": f"{start_date}~{end_date}", "ohlcv": records}
+        )
+    except Exception as e:
+        logger.exception("get_stock_price failed for %s", ticker)
+        return ToolResult(data=f"Error: {e}")
+
+
+async def get_financial_statements(params: dict[str, Any]) -> ToolResult:
+    """종목의 재무제표 데이터를 pykrx로 조회한다."""
+    from pykrx import stock as pykrx_stock
+
+    ticker = params.get("ticker", "")
+    year = params.get("year", "")
+
+    if not all([ticker, year]):
+        return ToolResult(data="Error: ticker, year 모두 필수입니다.")
+
+    try:
+        # pykrx 기본 재무 데이터: BPS, PER, PBR, EPS, DIV, DPS
+        start_date = f"{year}0101"
+        end_date = f"{year}1231"
+        df = pykrx_stock.get_market_fundamental_by_date(start_date, end_date, ticker)
+
+        if df.empty:
+            return ToolResult(data=f"재무 데이터 없음: {ticker} ({year})")
+
+        # 연말 기준 최신 데이터
+        latest = df.iloc[-1].to_dict()
+        return ToolResult(
+            data={"ticker": ticker, "year": year, "fundamentals": latest}
+        )
+    except Exception as e:
+        logger.exception("get_financial_statements failed for %s", ticker)
+        return ToolResult(data=f"Error: {e}")
+
+
+async def get_market_metrics(params: dict[str, Any]) -> ToolResult:
+    """종목의 시가총액, PER, PBR 등 시장 지표를 조회한다."""
+    from pykrx import stock as pykrx_stock
+
+    ticker = params.get("ticker", "")
+    date = params.get("date", "")
+
+    if not all([ticker, date]):
+        return ToolResult(data="Error: ticker, date 모두 필수입니다.")
+
+    try:
+        # 시가총액
+        cap_df = pykrx_stock.get_market_cap_by_date(date, date, ticker)
+        # 밸류에이션
+        fund_df = pykrx_stock.get_market_fundamental_by_date(date, date, ticker)
+
+        result: dict[str, Any] = {"ticker": ticker, "date": date}
+
+        if not cap_df.empty:
+            result["market_cap"] = cap_df.iloc[-1].to_dict()
+        if not fund_df.empty:
+            result["valuation"] = fund_df.iloc[-1].to_dict()
+
+        if len(result) == 2:
+            return ToolResult(data=f"시장 지표 없음: {ticker} ({date})")
+
+        return ToolResult(data=result)
+    except Exception as e:
+        logger.exception("get_market_metrics failed for %s", ticker)
+        return ToolResult(data=f"Error: {e}")
+
+
+async def get_market_index(params: dict[str, Any]) -> ToolResult:
+    """KOSPI/KOSDAQ 지수 데이터를 조회한다."""
+    from pykrx import stock as pykrx_stock
+
+    index_code = params.get("index_code", "1001")  # 기본: 코스피
+    start_date = params.get("start_date", "")
+    end_date = params.get("end_date", "")
+
+    if not all([start_date, end_date]):
+        return ToolResult(data="Error: start_date, end_date 모두 필수입니다.")
+
+    try:
+        df = pykrx_stock.get_index_ohlcv_by_date(start_date, end_date, index_code)
+
+        if df.empty:
+            return ToolResult(data=f"지수 데이터 없음: {index_code} ({start_date}~{end_date})")
+
+        records = df.reset_index().to_dict(orient="records")
+        return ToolResult(
+            data={
+                "index_code": index_code,
+                "period": f"{start_date}~{end_date}",
+                "ohlcv": records,
+            }
+        )
+    except Exception as e:
+        logger.exception("get_market_index failed for %s", index_code)
+        return ToolResult(data=f"Error: {e}")
diff --git a/backend/app/agents/tools/meta_tool.py b/backend/app/agents/tools/meta_tool.py
new file mode 100644
index 0000000..e4de951
--- /dev/null
+++ b/backend/app/agents/tools/meta_tool.py
@@ -0,0 +1,80 @@
+from __future__ import annotations
+
+import json
+import logging
+from abc import ABC, abstractmethod
+from dataclasses import dataclass
+from typing import Any, Awaitable, Callable
+
+from app.agents.tools.types import ToolResult
+from app.services.llm import ModelTier, get_chat_model
+
+logger = logging.getLogger(__name__)
+
+
+@dataclass
+class SubTool:
+    name: str
+    description: str
+    handler: Callable[[dict[str, Any]], Awaitable[ToolResult]]
+
+
+class MetaTool(ABC):
+    """NL 쿼리를 LLM으로 라우팅해 적절한 sub-tool을 실행하는 추상 베이스 클래스."""
+
+    @property
+    @abstractmethod
+    def sub_tools(self) -> list[SubTool]: ...
+
+    async def route(self, query: str) -> SubTool:
+        """LLM을 사용해 쿼리에 가장 적합한 sub-tool을 선택한다."""
+        tool_list = "\n".join(
+            f"- {st.name}: {st.description}" for st in self.sub_tools
+        )
+
+        prompt = (
+            "You are a tool router. Given a user query and available tools, "
+            "select the best tool.\n\n"
+            f"Available tools:\n{tool_list}\n\n"
+            f"User query: {query}\n\n"
+            'Respond with ONLY a JSON object: {{"tool": "tool_name"}}'
+        )
+
+        llm = get_chat_model(tier=ModelTier.FAST, temperature=0.0)
+        response = llm.invoke(prompt)
+
+        content = response.content
+        if isinstance(content, list):
+            content = content[0] if content else ""
+        content = str(content).strip()
+
+        if content.startswith("```"):
+            content = content.split("\n", 1)[-1]
+            content = content.rsplit("```", 1)[0]
+
+        parsed = json.loads(content)
+        tool_name = parsed["tool"]
+
+        tool_map = {st.name: st for st in self.sub_tools}
+        sub_tool = tool_map.get(tool_name)
+        if sub_tool is None:
+            raise ValueError(
+                f"LLM selected unknown sub-tool '{tool_name}'. "
+                f"Available: {list(tool_map.keys())}"
+            )
+
+        return sub_tool
+
+    async def execute(self, params: dict[str, Any]) -> ToolResult:
+        """NL 쿼리를 받아 라우팅 후 sub-tool을 실행한다."""
+        query = params.get("query", "")
+        if not query:
+            return ToolResult(data="Error: 'query' parameter is required.")
+
+        try:
+            sub_tool = await self.route(query)
+            logger.info("MetaTool routed to %s", sub_tool.name)
+            return await sub_tool.handler(params)
+        except Exception as e:
+            logger.exception("MetaTool execution failed")
+            return ToolResult(data=f"Error: {e}")
diff --git a/backend/app/agents/tools/registry.py b/backend/app/agents/tools/registry.py
new file mode 100644
index 0000000..074540d
--- /dev/null
+++ b/backend/app/agents/tools/registry.py
@@ -0,0 +1,56 @@
+from __future__ import annotations
+
+from app.agents.tools.types import RegisteredTool
+
+
+class ToolRegistry:
+    """등록된 도구를 관리하는 레지스트리."""
+
+    def __init__(self) -> None:
+        self._tools: dict[str, RegisteredTool] = {}
+
+    def register(self, tool: RegisteredTool) -> None:
+        self._tools[tool.name] = tool
+
+    def get(self, name: str) -> RegisteredTool | None:
+        return self._tools.get(name)
+
+    def list_tools(self) -> list[RegisteredTool]:
+        return list(self._tools.values())
+
+    def get_concurrency_map(self) -> dict[str, bool]:
+        return {t.name: t.concurrency_safe for t in self._tools.values()}
+
+    def build_compact_descriptions(self) -> str:
+        lines = [
+            f"- {t.name}: {t.compact_description}" for t in self._tools.values()
+        ]
+        return "\n".join(lines)
+
+    @classmethod
+    def auto_register(cls) -> ToolRegistry:
+        """설정에 따라 사용 가능한 도구를 자동 등록한다."""
+        from app.agents.tools.finance.get_market_data import MarketDataTool
+        from app.agents.tools.finance.get_financials import FinancialsTool
+
+        registry = cls()
+
+        market = MarketDataTool()
+        registry.register(RegisteredTool(
+            name=MarketDataTool.NAME,
+            description=MarketDataTool.DESCRIPTION,
+            compact_description=MarketDataTool.DESCRIPTION,
+            concurrency_safe=True,
+            execute=market.execute,
+        ))
+
+        financials = FinancialsTool()
+        registry.register(RegisteredTool(
+            name=FinancialsTool.NAME,
+            description=FinancialsTool.DESCRIPTION,
+            compact_description=FinancialsTool.DESCRIPTION,
+            concurrency_safe=True,
+            execute=financials.execute,
+        ))
+
+        return registry
diff --git a/backend/app/agents/tools/search/__init__.py b/backend/app/agents/tools/search/__init__.py
new file mode 100644
index 0000000..e69de29
diff --git a/backend/app/agents/tools/search/news_search.py b/backend/app/agents/tools/search/news_search.py
new file mode 100644
index 0000000..84cfeee
--- /dev/null
+++ b/backend/app/agents/tools/search/news_search.py
@@ -0,0 +1,40 @@
+from __future__ import annotations
+
+from typing import Any
+
+from app.agents.tools.types import RegisteredTool, ToolResult
+
+
+def create_news_search_tool() -> RegisteredTool:
+    """금융 뉴스 검색 도구를 생성합니다."""
+
+    async def execute(params: dict[str, Any]) -> ToolResult:
+        query: str = params["query"]
+        num_results: int = params.get("num_results", 5)
+
+        # TODO: settings에서 API 키 로드 후 뉴스 검색 API 연동
+        try:
+            from app.core.config import settings
+
+            api_key = getattr(settings, "news_search_api_key", None)
+        except Exception:
+            api_key = None
+
+        if not api_key:
+            return ToolResult(
+                data=f"검색 API 미설정: '{query}' (요청 결과 수: {num_results}). "
+                "news_search_api_key 환경변수를 설정해 주세요.",
+            )
+
+        # 향후 실제 뉴스 검색 API 호출 구현
+        # async with httpx.AsyncClient() as client:
+        #     response = await client.get(...)
+        return ToolResult(data=f"뉴스 검색 결과 없음: '{query}'")
+
+    return RegisteredTool(
+        name="news_search",
+        description="금융 뉴스 및 시장 동향을 검색합니다",
+        compact_description="뉴스 검색",
+        concurrency_safe=True,
+        execute=execute,
+    )
diff --git a/backend/app/agents/tools/search/web_search.py b/backend/app/agents/tools/search/web_search.py
new file mode 100644
index 0000000..c2336d0
--- /dev/null
+++ b/backend/app/agents/tools/search/web_search.py
@@ -0,0 +1,40 @@
+from __future__ import annotations
+
+from typing import Any
+
+from app.agents.tools.types import RegisteredTool, ToolResult
+
+
+def create_web_search_tool() -> RegisteredTool:
+    """웹 검색 도구를 생성합니다."""
+
+    async def execute(params: dict[str, Any]) -> ToolResult:
+        query: str = params["query"]
+        num_results: int = params.get("num_results", 5)
+
+        # TODO: settings에서 API 키 로드 후 Tavily/Exa/SerpAPI 연동
+        try:
+            from app.core.config import settings
+
+            api_key = getattr(settings, "web_search_api_key", None)
+        except Exception:
+            api_key = None
+
+        if not api_key:
+            return ToolResult(
+                data=f"검색 API 미설정: '{query}' (요청 결과 수: {num_results}). "
+                "web_search_api_key 환경변수를 설정해 주세요.",
+            )
+
+        # 향후 실제 검색 API 호출 구현
+        # async with httpx.AsyncClient() as client:
+        #     response = await client.get(...)
+        return ToolResult(data=f"검색 결과 없음: '{query}'")
+
+    return RegisteredTool(
+        name="web_search",
+        description="웹 검색을 수행하여 최신 정보를 조회합니다",
+        compact_description="웹 검색",
+        concurrency_safe=True,
+        execute=execute,
+    )
diff --git a/backend/app/agents/tools/types.py b/backend/app/agents/tools/types.py
new file mode 100644
index 0000000..9b9ff32
--- /dev/null
+++ b/backend/app/agents/tools/types.py
@@ -0,0 +1,25 @@
+from __future__ import annotations
+
+import json
+from dataclasses import dataclass, field
+from typing import Any, Awaitable, Callable
+
+
+@dataclass
+class ToolResult:
+    data: Any
+    source_urls: list[str] = field(default_factory=list)
+
+    def to_str(self) -> str:
+        if isinstance(self.data, str):
+            return self.data
+        return json.dumps(self.data, ensure_ascii=False, default=str)
+
+
+@dataclass
+class RegisteredTool:
+    name: str
+    description: str
+    compact_description: str
+    concurrency_safe: bool
+    execute: Callable[[dict[str, Any]], Awaitable[ToolResult]]
diff --git a/backend/app/api/agents.py b/backend/app/api/agents.py
new file mode 100644
index 0000000..6b74c0b
--- /dev/null
+++ b/backend/app/api/agents.py
@@ -0,0 +1,141 @@
+"""
+Agent API endpoints — 자연어 쿼리 기반 투자 분석 에이전트.
+"""
+import json
+import logging
+from typing import Any
+
+from fastapi import APIRouter, HTTPException, status
+from fastapi.responses import StreamingResponse
+from pydantic import BaseModel
+
+from app.api.deps import CurrentUser
+
+logger = logging.getLogger(__name__)
+
+router = APIRouter(prefix="/api/agent", tags=["agent"])
+
+
+# ---------------------------------------------------------------------------
+# Schemas
+# ---------------------------------------------------------------------------
+
+class AgentQueryRequest(BaseModel):
+    query: str
+    model_tier: str = "strong"
+
+
+class ToolCallLog(BaseModel):
+    tool_name: str
+    params: dict[str, Any]
+    result: str
+    error: str | None = None
+
+
+class AgentQueryResponse(BaseModel):
+    response: str
+    tool_calls: list[ToolCallLog]
+    iterations: int
+
+
+# ---------------------------------------------------------------------------
+# Helpers
+# ---------------------------------------------------------------------------
+
+def _parse_model_tier(raw: str) -> "ModelTier":
+    """model_tier 문자열을 ModelTier enum으로 변환."""
+    from app.agents.core.agent import ModelTier
+
+    mapping = {
+        "strong": ModelTier.STRONG,
+        "fast": ModelTier.FAST,
+    }
+    tier = mapping.get(raw.lower())
+    if tier is None:
+        raise HTTPException(
+            status_code=status.HTTP_422_UNPROCESSABLE_ENTITY,
+            detail=f"Invalid model_tier '{raw}'. Must be one of: {list(mapping.keys())}",
+        )
+    return tier
+
+
+# ---------------------------------------------------------------------------
+# Endpoints
+# ---------------------------------------------------------------------------
+
+@router.post("/query", response_model=AgentQueryResponse)
+async def agent_query(body: AgentQueryRequest, user: CurrentUser):
+    """동기 응답 — 에이전트 실행 후 최종 결과 반환."""
+    from app.agents.core.agent import Agent, AgentConfig
+
+    model_tier = _parse_model_tier(body.model_tier)
+    config = AgentConfig(model_tier=model_tier)
+    agent = Agent(config=config)
+
+    tool_calls: list[ToolCallLog] = []
+    response_text = ""
+    iterations = 0
+
+    try:
+        async for event in agent.run(body.query):
+            if event.type == "tool_end":
+                tool_calls.append(
+                    ToolCallLog(
+                        tool_name=event.data.get("tool_name", ""),
+                        params=event.data.get("params", {}),
+                        result=event.data.get("result", ""),
+                        error=event.data.get("error"),
+                    )
+                )
+            elif event.type == "response":
+                response_text = event.data.get("text", "")
+            elif event.type == "done":
+                iterations = event.data.get("iterations", 0)
+    except Exception:
+        logger.exception("Agent query failed")
+        raise HTTPException(
+            status_code=status.HTTP_500_INTERNAL_SERVER_ERROR,
+            detail="에이전트 실행 중 오류가 발생했습니다.",
+        )
+
+    return AgentQueryResponse(
+        response=response_text,
+        tool_calls=tool_calls,
+        iterations=iterations,
+    )
+
+
+@router.post("/stream")
+async def agent_stream(body: AgentQueryRequest, user: CurrentUser):
+    """SSE 스트리밍 — 도구 실행 과정을 실시간으로 전달."""
+    from app.agents.core.agent import Agent, AgentConfig
+
+    model_tier = _parse_model_tier(body.model_tier)
+    config = AgentConfig(model_tier=model_tier)
+    agent = Agent(config=config)
+
+    async def _event_generator():
+        try:
+            async for event in agent.run(body.query):
+                payload = json.dumps(
+                    {"type": event.type, "data": event.data},
+                    ensure_ascii=False,
+                )
+                yield f"data: {payload}\n\n"
+        except Exception:
+            logger.exception("Agent stream failed")
+            error_payload = json.dumps(
+                {"type": "error", "data": {"message": "에이전트 실행 중 오류가 발생했습니다."}},
+                ensure_ascii=False,
+            )
+            yield f"data: {error_payload}\n\n"
+
+    return StreamingResponse(
+        _event_generator(),
+        media_type="text/event-stream",
+        headers={
+            "Cache-Control": "no-cache",
+            "Connection": "keep-alive",
+            "X-Accel-Buffering": "no",
+        },
+    )
diff --git a/backend/app/services/llm.py b/backend/app/services/llm.py
new file mode 100644
index 0000000..52ed03c
--- /dev/null
+++ b/backend/app/services/llm.py
@@ -0,0 +1,92 @@
+from enum import Enum
+from functools import lru_cache
+
+from langchain_core.language_models.chat_models import BaseChatModel
+
+from app.core.config import get_settings
+
+
+class LLMProvider(str, Enum):
+    ANTHROPIC = "anthropic"
+    OPENAI = "openai"
+
+
+class ModelTier(str, Enum):
+    FAST = "fast"
+    STRONG = "strong"
+
+
+_DEFAULTS = {
+    LLMProvider.ANTHROPIC: {
+        ModelTier.FAST: "claude-haiku-4-5-20251001",
+        ModelTier.STRONG: "claude-sonnet-4-6",
+    },
+    LLMProvider.OPENAI: {
+        ModelTier.FAST: "gpt-4.1-mini",
+        ModelTier.STRONG: "gpt-4.1",
+    },
+}
+
+
+def detect_provider() -> LLMProvider:
+    settings = get_settings()
+    if settings.anthropic_api_key:
+        return LLMProvider.ANTHROPIC
+    if settings.openai_api_key:
+        return LLMProvider.OPENAI
+    raise RuntimeError(
+        "No LLM API key configured. Set ANTHROPIC_API_KEY or OPENAI_API_KEY."
+    )
+
+
+def _resolve_model_name(provider: LLMProvider, tier: ModelTier) -> str:
+    settings = get_settings()
+    if tier == ModelTier.FAST and settings.llm_fast_model:
+        return settings.llm_fast_model
+    if tier == ModelTier.STRONG and settings.llm_strong_model:
+        return settings.llm_strong_model
+    return _DEFAULTS[provider][tier]
+
+
+def _build_chat_model(
+    provider: LLMProvider, model_name: str, temperature: float
+) -> BaseChatModel:
+    settings = get_settings()
+
+    if provider == LLMProvider.ANTHROPIC:
+        from langchain_anthropic import ChatAnthropic
+
+        return ChatAnthropic(
+            model=model_name,
+            api_key=settings.anthropic_api_key,
+            temperature=temperature,
+            max_tokens=4096,
+        )
+
+    from langchain_openai import ChatOpenAI
+
+    return ChatOpenAI(
+        model=model_name,
+        api_key=settings.openai_api_key,
+        temperature=temperature,
+    )
+
+
+def get_chat_model(
+    tier: ModelTier = ModelTier.STRONG,
+    temperature: float = 0.0,
+    provider: LLMProvider | None = None,
+) -> BaseChatModel:
+    resolved_provider = provider or detect_provider()
+    model_name = _resolve_model_name(resolved_provider, tier)
+    return _build_chat_model(resolved_provider, model_name, temperature)
+
+
+@lru_cache
+def get_fast_model() -> BaseChatModel:
+    return get_chat_model(tier=ModelTier.FAST)
+
+
+@lru_cache
+def get_strong_model() -> BaseChatModel:
+    return get_chat_model(tier=ModelTier.STRONG)
diff --git a/backend/tests/unit/test_agent_core.py b/backend/tests/unit/test_agent_core.py
new file mode 100644
index 0000000..02cd76c
--- /dev/null
+++ b/backend/tests/unit/test_agent_core.py
@@ -0,0 +1,379 @@
+"""Tests for agent core: scratchpad, context compactor, tool executor, and agent."""
+
+import pytest
+from unittest.mock import patch, MagicMock, AsyncMock
+
+from app.agents.tools.types import ToolResult, RegisteredTool
+from app.agents.tools.registry import ToolRegistry
+from app.agents.core.scratchpad import Scratchpad
+from app.agents.core.compact import ContextCompactor
+from app.agents.core.tool_executor import ToolExecutor, ToolCall, ToolEvent
+from app.agents.core.agent import Agent, AgentEvent
+
+
+# ---------------------------------------------------------------------------
+# Scratchpad
+# ---------------------------------------------------------------------------
+
+
+class TestScratchpad:
+    def test_add_and_total_tokens(self):
+        sp = Scratchpad()
+        sp.add(tool_name="search", params={"q": "test"}, result="found 3 results")
+        sp.add(tool_name="calc", params={"expr": "2+2"}, result="4")
+        assert sp.total_tokens() > 0
+
+    def test_format_history(self):
+        sp = Scratchpad()
+        sp.add(tool_name="search", params={"q": "python"}, result="python docs")
+        history = sp.format_history()
+        assert "search" in history
+        assert "python" in history
+
+    def test_format_history_empty(self):
+        sp = Scratchpad()
+        history = sp.format_history()
+        assert isinstance(history, str)
+
+    def test_clear(self):
+        sp = Scratchpad()
+        sp.add(tool_name="tool1", params={}, result="result_one")
+        sp.add(tool_name="tool2", params={}, result="result_two")
+        assert sp.total_tokens() > 0
+        sp.clear()
+        assert sp.total_tokens() == 0
+
+    def test_multiple_entries_tracked(self):
+        sp = Scratchpad()
+        for i in range(5):
+            sp.add(tool_name=f"tool_{i}", params={"i": i}, result=f"result_{i}")
+        history = sp.format_history()
+        for i in range(5):
+            assert f"tool_{i}" in history
+
+
+# ---------------------------------------------------------------------------
+# ContextCompactor
+# ---------------------------------------------------------------------------
+
+
+class TestContextCompactor:
+    def test_should_compact_false_below_threshold(self):
+        compactor = ContextCompactor()
+        messages = [{"role": "user", "content": "short message"}]
+        assert compactor.should_compact(messages, threshold=10000) is False
+
+    def test_should_compact_true_above_threshold(self):
+        compactor = ContextCompactor()
+        long_content = "x" * 5000
+        messages = [
+            {"role": "user", "content": long_content},
+            {"role": "assistant", "content": long_content},
+            {"role": "user", "content": long_content},
+        ]
+        assert compactor.should_compact(messages, threshold=100) is True
+
+    @pytest.mark.asyncio
+    @patch("app.agents.core.compact.get_chat_model")
+    async def test_compact_calls_llm(self, mock_get_model):
+        mock_llm = MagicMock()
+        mock_response = MagicMock()
+        mock_response.content = "Summary: user asked about Python, assistant explained basics."
+        mock_llm.ainvoke = AsyncMock(return_value=mock_response)
+        mock_get_model.return_value = mock_llm
+
+        compactor = ContextCompactor()
+        messages = [
+            {"role": "user", "content": "Tell me about Python"},
+            {"role": "assistant", "content": "Python is a programming language..."},
+            {"role": "user", "content": "What about async?"},
+            {"role": "assistant", "content": "Async in Python uses asyncio..."},
+        ]
+        result = await compactor.compact(messages, system_prompt="You are helpful.")
+        assert isinstance(result, list)
+        assert len(result) > 0
+        mock_llm.ainvoke.assert_called_once()
+
+    @pytest.mark.asyncio
+    @patch("app.agents.core.compact.get_chat_model")
+    async def test_compact_preserves_system_context(self, mock_get_model):
+        mock_llm = MagicMock()
+        mock_response = MagicMock()
+        mock_response.content = "Summarized conversation."
+        mock_llm.ainvoke = AsyncMock(return_value=mock_response)
+        mock_get_model.return_value = mock_llm
+
+        compactor = ContextCompactor()
+        messages = [
+            {"role": "user", "content": "Hello"},
+            {"role": "assistant", "content": "Hi there!"},
+        ]
+        result = await compactor.compact(messages, system_prompt="System prompt here")
+        assert isinstance(result, list)
+
+
+# ---------------------------------------------------------------------------
+# ToolExecutor
+# ---------------------------------------------------------------------------
+
+
+def _make_registered_tool(
+    name: str, concurrency_safe: bool = True, result_data: str = "ok"
+) -> RegisteredTool:
+    return RegisteredTool(
+        name=name,
+        description=f"Desc {name}",
+        compact_description=f"compact {name}",
+        concurrency_safe=concurrency_safe,
+        execute=AsyncMock(return_value=ToolResult(data=result_data)),
+    )
+
+
+class TestToolExecutor:
+    @pytest.mark.asyncio
+    async def test_concurrent_safe_tools(self):
+        tool_a = _make_registered_tool("tool_a", concurrency_safe=True, result_data="A")
+        tool_b = _make_registered_tool("tool_b", concurrency_safe=True, result_data="B")
+
+        registry = ToolRegistry()
+        registry.register(tool_a)
+        registry.register(tool_b)
+
+        executor = ToolExecutor(registry=registry)
+        calls = [
+            ToolCall(id="c1", name="tool_a", params={"q": "hello"}),
+            ToolCall(id="c2", name="tool_b", params={"q": "world"}),
+        ]
+
+        events = []
+        async for event in executor.execute_tool_calls(calls):
+            events.append(event)
+
+        assert len(events) == 2
+        names = {e.tool_name for e in events}
+        assert "tool_a" in names
+        assert "tool_b" in names
+
+        tool_a.execute.assert_called_once()
+        tool_b.execute.assert_called_once()
+
+    @pytest.mark.asyncio
+    async def test_serial_tools_run_sequentially(self):
+        tool_s = _make_registered_tool("serial_tool", concurrency_safe=False, result_data="S")
+
+        registry = ToolRegistry()
+        registry.register(tool_s)
+
+        executor = ToolExecutor(registry=registry)
+        calls = [
+            ToolCall(id="c1", name="serial_tool", params={"x": 1}),
+        ]
+
+        events = []
+        async for event in executor.execute_tool_calls(calls):
+            events.append(event)
+
+        assert len(events) == 1
+        assert events[0].tool_name == "serial_tool"
+        assert events[0].error is None
+
+    @pytest.mark.asyncio
+    async def test_error_handling_for_failed_tool(self):
+        failing_tool = RegisteredTool(
+            name="fail_tool",
+            description="A tool that fails",
+            compact_description="fail",
+            concurrency_safe=True,
+            execute=AsyncMock(side_effect=RuntimeError("Tool exploded")),
+        )
+
+        registry = ToolRegistry()
+        registry.register(failing_tool)
+
+        executor = ToolExecutor(registry=registry)
+        calls = [ToolCall(id="c1", name="fail_tool", params={})]
+
+        events = []
+        async for event in executor.execute_tool_calls(calls):
+            events.append(event)
+
+        assert len(events) == 1
+        assert events[0].error is not None
+        assert "exploded" in events[0].error.lower() or events[0].error
+
+    @pytest.mark.asyncio
+    async def test_mixed_concurrent_and_serial(self):
+        safe = _make_registered_tool("safe", concurrency_safe=True, result_data="safe_r")
+        unsafe = _make_registered_tool("unsafe", concurrency_safe=False, result_data="unsafe_r")
+
+        registry = ToolRegistry()
+        registry.register(safe)
+        registry.register(unsafe)
+
+        executor = ToolExecutor(registry=registry)
+        calls = [
+            ToolCall(id="c1", name="safe", params={}),
+            ToolCall(id="c2", name="unsafe", params={}),
+        ]
+
+        events = []
+        async for event in executor.execute_tool_calls(calls):
+            events.append(event)
+
+        assert len(events) == 2
+        results = {e.tool_name: e.result for e in events}
+        assert results["safe"].data == "safe_r"
+        assert results["unsafe"].data == "unsafe_r"
+
+    @pytest.mark.asyncio
+    async def test_unknown_tool_returns_error(self):
+        registry = ToolRegistry()
+        executor = ToolExecutor(registry=registry)
+        calls = [ToolCall(id="c1", name="nonexistent", params={})]
+
+        events = []
+        async for event in executor.execute_tool_calls(calls):
+            events.append(event)
+
+        assert len(events) == 1
+        assert events[0].error is not None
+
+
+# ---------------------------------------------------------------------------
+# ToolCall & ToolEvent dataclass tests
+# ---------------------------------------------------------------------------
+
+
+class TestToolCallAndEvent:
+    def test_tool_call_creation(self):
+        tc = ToolCall(id="abc", name="my_tool", params={"key": "val"})
+        assert tc.id == "abc"
+        assert tc.name == "my_tool"
+        assert tc.params == {"key": "val"}
+
+    def test_tool_event_success(self):
+        result = ToolResult(data="success")
+        ev = ToolEvent(call_id="c1", tool_name="t1", result=result, error=None)
+        assert ev.result.data == "success"
+        assert ev.error is None
+
+    def test_tool_event_error(self):
+        ev = ToolEvent(call_id="c1", tool_name="t1", result=None, error="something went wrong")
+        assert ev.result is None
+        assert ev.error == "something went wrong"
+
+
+# ---------------------------------------------------------------------------
+# Agent
+# ---------------------------------------------------------------------------
+
+
+class TestAgent:
+    @pytest.mark.asyncio
+    @patch("app.agents.core.agent.get_chat_model")
+    async def test_run_yields_events(self, mock_get_model):
+        mock_llm = MagicMock()
+        mock_response = MagicMock()
+        mock_response.content = "Here is the answer to your question."
+        mock_response.tool_calls = []
+        mock_llm.ainvoke = AsyncMock(return_value=mock_response)
+        mock_llm.bind_tools = MagicMock(return_value=mock_llm)
+        mock_get_model.return_value = mock_llm
+
+        registry = ToolRegistry()
+        agent = Agent(tool_registry=registry)
+
+        events = []
+        async for event in agent.run("What is 2+2?"):
+            events.append(event)
+
+        assert len(events) >= 1
+        event_types = [e.type for e in events]
+        assert any(t in event_types for t in ["message", "answer", "response", "text"])
+
+    @pytest.mark.asyncio
+    @patch("app.agents.core.agent.get_chat_model")
+    async def test_run_with_tool_call(self, mock_get_model):
+        tool_call_response = MagicMock()
+        tool_call_response.content = ""
+        tool_call_response.tool_calls = [
+            {"id": "call_1", "name": "search", "args": {"q": "python"}}
+        ]
+
+        final_response = MagicMock()
+        final_response.content = "Python is a programming language."
+        final_response.tool_calls = []
+
+        mock_llm = MagicMock()
+        mock_llm.ainvoke = AsyncMock(side_effect=[tool_call_response, final_response])
+        mock_llm.bind_tools = MagicMock(return_value=mock_llm)
+        mock_get_model.return_value = mock_llm
+
+        search_tool = _make_registered_tool("search", result_data="Python docs found")
+        registry = ToolRegistry()
+        registry.register(search_tool)
+
+        agent = Agent(tool_registry=registry)
+
+        events = []
+        async for event in agent.run("Tell me about Python"):
+            events.append(event)
+
+        assert len(events) >= 1
+
+    @pytest.mark.asyncio
+    @patch("app.agents.core.agent.get_chat_model")
+    async def test_max_iterations_limit(self, mock_get_model):
+        tool_call_response = MagicMock()
+        tool_call_response.content = ""
+        tool_call_response.tool_calls = [
+            {"id": "call_n", "name": "loop_tool", "args": {}}
+        ]
+        mock_llm = MagicMock()
+        mock_llm.ainvoke = AsyncMock(return_value=tool_call_response)
+        mock_llm.bind_tools = MagicMock(return_value=mock_llm)
+        mock_get_model.return_value = mock_llm
+
+        loop_tool = _make_registered_tool("loop_tool", result_data="looping")
+        registry = ToolRegistry()
+        registry.register(loop_tool)
+
+        agent = Agent(tool_registry=registry, max_iterations=3)
+
+        events = []
+        async for event in agent.run("infinite loop query"):
+            events.append(event)
+
+        assert loop_tool.execute.call_count <= 3
+
+    @pytest.mark.asyncio
+    @patch("app.agents.core.agent.get_chat_model")
+    async def test_run_empty_query(self, mock_get_model):
+        mock_llm = MagicMock()
+        mock_response = MagicMock()
+        mock_response.content = "I need more information."
+        mock_response.tool_calls = []
+        mock_llm.ainvoke = AsyncMock(return_value=mock_response)
+        mock_llm.bind_tools = MagicMock(return_value=mock_llm)
+        mock_get_model.return_value = mock_llm
+
+        registry = ToolRegistry()
+        agent = Agent(tool_registry=registry)
+
+        events = []
+        async for event in agent.run(""):
+            events.append(event)
+
+        assert len(events) >= 1
+
+
+class TestAgentEvent:
+    def test_creation(self):
+        event = AgentEvent(type="message", data={"text": "hello"})
+        assert event.type == "message"
+        assert event.data == {"text": "hello"}
+
+    def test_creation_with_string_data(self):
+        event = AgentEvent(type="error", data="something failed")
+        assert event.type == "error"
+        assert event.data == "something failed"
diff --git a/backend/tests/unit/test_llm.py b/backend/tests/unit/test_llm.py
new file mode 100644
index 0000000..bbf09e3
--- /dev/null
+++ b/backend/tests/unit/test_llm.py
@@ -0,0 +1,108 @@
+import pytest
+from unittest.mock import patch, MagicMock
+
+from app.services.llm import (
+    LLMProvider,
+    ModelTier,
+    detect_provider,
+    get_chat_model,
+    _resolve_model_name,
+    _DEFAULTS,
+)
+
+
+class TestDetectProvider:
+    def test_anthropic_preferred_when_both_keys_set(self):
+        with patch("app.services.llm.get_settings") as mock:
+            mock.return_value = MagicMock(
+                anthropic_api_key="sk-ant-xxx", openai_api_key="sk-xxx"
+            )
+            assert detect_provider() == LLMProvider.ANTHROPIC
+
+    def test_anthropic_when_only_anthropic_key(self):
+        with patch("app.services.llm.get_settings") as mock:
+            mock.return_value = MagicMock(anthropic_api_key="sk-ant-xxx", openai_api_key="")
+            assert detect_provider() == LLMProvider.ANTHROPIC
+
+    def test_openai_when_only_openai_key(self):
+        with patch("app.services.llm.get_settings") as mock:
+            mock.return_value = MagicMock(anthropic_api_key="", openai_api_key="sk-xxx")
+            assert detect_provider() == LLMProvider.OPENAI
+
+    def test_raises_when_no_keys(self):
+        with patch("app.services.llm.get_settings") as mock:
+            mock.return_value = MagicMock(anthropic_api_key="", openai_api_key="")
+            with pytest.raises(RuntimeError, match="No LLM API key configured"):
+                detect_provider()
+
+
+class TestResolveModelName:
+    def test_defaults_anthropic_fast(self):
+        with patch("app.services.llm.get_settings") as mock:
+            mock.return_value = MagicMock(llm_fast_model="", llm_strong_model="")
+            name = _resolve_model_name(LLMProvider.ANTHROPIC, ModelTier.FAST)
+            assert name == _DEFAULTS[LLMProvider.ANTHROPIC][ModelTier.FAST]
+
+    def test_defaults_openai_strong(self):
+        with patch("app.services.llm.get_settings") as mock:
+            mock.return_value = MagicMock(llm_fast_model="", llm_strong_model="")
+            name = _resolve_model_name(LLMProvider.OPENAI, ModelTier.STRONG)
+            assert name == _DEFAULTS[LLMProvider.OPENAI][ModelTier.STRONG]
+
+    def test_override_fast_model(self):
+        with patch("app.services.llm.get_settings") as mock:
+            mock.return_value = MagicMock(llm_fast_model="custom-fast", llm_strong_model="")
+            name = _resolve_model_name(LLMProvider.ANTHROPIC, ModelTier.FAST)
+            assert name == "custom-fast"
+
+    def test_override_strong_model(self):
+        with patch("app.services.llm.get_settings") as mock:
+            mock.return_value = MagicMock(llm_fast_model="", llm_strong_model="custom-strong")
+            name = _resolve_model_name(LLMProvider.OPENAI, ModelTier.STRONG)
+            assert name == "custom-strong"
+
+
+class TestGetChatModel:
+    @patch("app.services.llm.get_settings")
+    def test_returns_anthropic_model(self, mock_settings):
+        mock_settings.return_value = MagicMock(
+            anthropic_api_key="sk-ant-xxx",
+            openai_api_key="",
+            llm_fast_model="",
+            llm_strong_model="",
+        )
+        model = get_chat_model(tier=ModelTier.STRONG)
+        assert type(model).__name__ == "ChatAnthropic"
+
+    @patch("app.services.llm.get_settings")
+    def test_returns_openai_model(self, mock_settings):
+        mock_settings.return_value = MagicMock(
+            anthropic_api_key="",
+            openai_api_key="sk-xxx",
+            llm_fast_model="",
+            llm_strong_model="",
+        )
+        model = get_chat_model(tier=ModelTier.FAST)
+        assert type(model).__name__ == "ChatOpenAI"
+
+    @patch("app.services.llm.get_settings")
+    def test_explicit_provider_override(self, mock_settings):
+        mock_settings.return_value = MagicMock(
+            anthropic_api_key="sk-ant-xxx",
+            openai_api_key="sk-xxx",
+            llm_fast_model="",
+            llm_strong_model="",
+        )
+        model = get_chat_model(tier=ModelTier.FAST, provider=LLMProvider.OPENAI)
+        assert type(model).__name__ == "ChatOpenAI"
+
+    @patch("app.services.llm.get_settings")
+    def test_custom_temperature(self, mock_settings):
+        mock_settings.return_value = MagicMock(
+            anthropic_api_key="sk-ant-xxx",
+            openai_api_key="",
+            llm_fast_model="",
+            llm_strong_model="",
+        )
+        model = get_chat_model(tier=ModelTier.STRONG, temperature=0.7)
+        assert model.temperature == 0.7
diff --git a/backend/tests/unit/test_meta_tool.py b/backend/tests/unit/test_meta_tool.py
new file mode 100644
index 0000000..56401d6
--- /dev/null
+++ b/backend/tests/unit/test_meta_tool.py
@@ -0,0 +1,227 @@
+"""Tests for agent tool types, registry, and meta-tool."""
+
+import pytest
+from unittest.mock import patch, MagicMock, AsyncMock
+from dataclasses import dataclass
+
+from app.agents.tools.types import ToolResult, RegisteredTool
+from app.agents.tools.registry import ToolRegistry
+from app.agents.tools.meta_tool import MetaTool, SubTool
+
+
+# ---------------------------------------------------------------------------
+# ToolResult
+# ---------------------------------------------------------------------------
+
+
+class TestToolResult:
+    def test_to_str_with_string_data(self):
+        result = ToolResult(data="hello world")
+        assert result.to_str() == "hello world"
+
+    def test_to_str_with_dict_data(self):
+        result = ToolResult(data={"key": "value", "count": 42})
+        text = result.to_str()
+        assert "key" in text
+        assert "value" in text
+
+    def test_to_str_with_list_data(self):
+        result = ToolResult(data=["a", "b", "c"])
+        text = result.to_str()
+        assert "a" in text
+        assert "b" in text
+
+    def test_source_urls_default_empty(self):
+        result = ToolResult(data="test")
+        assert result.source_urls == []
+
+    def test_source_urls_preserved(self):
+        urls = ["https://example.com/a", "https://example.com/b"]
+        result = ToolResult(data="test", source_urls=urls)
+        assert result.source_urls == urls
+
+
+# ---------------------------------------------------------------------------
+# RegisteredTool
+# ---------------------------------------------------------------------------
+
+
+class TestRegisteredTool:
+    def test_creation_and_attributes(self):
+        handler = AsyncMock(return_value=ToolResult(data="ok"))
+        tool = RegisteredTool(
+            name="test_tool",
+            description="A test tool for unit tests",
+            compact_description="test tool",
+            concurrency_safe=True,
+            execute=handler,
+        )
+        assert tool.name == "test_tool"
+        assert tool.description == "A test tool for unit tests"
+        assert tool.compact_description == "test tool"
+        assert tool.concurrency_safe is True
+        assert tool.execute is handler
+
+    def test_concurrency_unsafe(self):
+        handler = AsyncMock(return_value=ToolResult(data="ok"))
+        tool = RegisteredTool(
+            name="serial_tool",
+            description="desc",
+            compact_description="serial",
+            concurrency_safe=False,
+            execute=handler,
+        )
+        assert tool.concurrency_safe is False
+
+
+# ---------------------------------------------------------------------------
+# ToolRegistry
+# ---------------------------------------------------------------------------
+
+
+def _make_tool(name: str, concurrency_safe: bool = True) -> RegisteredTool:
+    return RegisteredTool(
+        name=name,
+        description=f"Description of {name}",
+        compact_description=f"compact {name}",
+        concurrency_safe=concurrency_safe,
+        execute=AsyncMock(return_value=ToolResult(data=f"{name} result")),
+    )
+
+
+class TestToolRegistry:
+    def test_register_and_get(self):
+        registry = ToolRegistry()
+        tool = _make_tool("alpha")
+        registry.register(tool)
+        assert registry.get("alpha") is tool
+
+    def test_get_unknown_returns_none(self):
+        registry = ToolRegistry()
+        assert registry.get("nonexistent") is None
+
+    def test_list_tools(self):
+        registry = ToolRegistry()
+        registry.register(_make_tool("a"))
+        registry.register(_make_tool("b"))
+        names = [t.name for t in registry.list_tools()]
+        assert "a" in names
+        assert "b" in names
+
+    def test_get_concurrency_map(self):
+        registry = ToolRegistry()
+        registry.register(_make_tool("safe_tool", concurrency_safe=True))
+        registry.register(_make_tool("unsafe_tool", concurrency_safe=False))
+        cmap = registry.get_concurrency_map()
+        assert cmap["safe_tool"] is True
+        assert cmap["unsafe_tool"] is False
+
+    def test_build_compact_descriptions(self):
+        registry = ToolRegistry()
+        registry.register(_make_tool("tool_x"))
+        registry.register(_make_tool("tool_y"))
+        text = registry.build_compact_descriptions()
+        assert "tool_x" in text
+        assert "tool_y" in text
+        assert "compact tool_x" in text
+
+
+# ---------------------------------------------------------------------------
+# MetaTool
+# ---------------------------------------------------------------------------
+
+
+class ConcreteMetaTool(MetaTool):
+    """Concrete subclass for testing abstract MetaTool."""
+
+    def __init__(self):
+        self._sub_tools = [
+            SubTool(
+                name="search",
+                description="Search the web for information",
+                handler=AsyncMock(
+                    return_value=ToolResult(data="search result for query")
+                ),
+            ),
+            SubTool(
+                name="calculate",
+                description="Perform mathematical calculations",
+                handler=AsyncMock(
+                    return_value=ToolResult(data="42")
+                ),
+            ),
+        ]
+
+    @property
+    def sub_tools(self) -> list[SubTool]:
+        return self._sub_tools
+
+
+class TestSubTool:
+    def test_creation(self):
+        handler = AsyncMock()
+        st = SubTool(name="test", description="desc", handler=handler)
+        assert st.name == "test"
+        assert st.description == "desc"
+        assert st.handler is handler
+
+
+class TestMetaTool:
+    @pytest.mark.asyncio
+    @patch("app.agents.tools.meta_tool.get_chat_model")
+    async def test_route_selects_correct_subtool(self, mock_get_model):
+        mock_llm = MagicMock()
+        mock_response = MagicMock()
+        mock_response.content = '{"tool": "search"}'
+        mock_llm.invoke = MagicMock(return_value=mock_response)
+        mock_get_model.return_value = mock_llm
+
+        meta = ConcreteMetaTool()
+        selected = await meta.route("find information about Python")
+        assert selected.name == "search"
+
+    @pytest.mark.asyncio
+    @patch("app.agents.tools.meta_tool.get_chat_model")
+    async def test_route_selects_calculate(self, mock_get_model):
+        mock_llm = MagicMock()
+        mock_response = MagicMock()
+        mock_response.content = '{"tool": "calculate"}'
+        mock_llm.invoke = MagicMock(return_value=mock_response)
+        mock_get_model.return_value = mock_llm
+
+        meta = ConcreteMetaTool()
+        selected = await meta.route("what is 6 times 7")
+        assert selected.name == "calculate"
+
+    @pytest.mark.asyncio
+    @patch("app.agents.tools.meta_tool.get_chat_model")
+    async def test_execute_calls_routed_subtool(self, mock_get_model):
+        mock_llm = MagicMock()
+        mock_response = MagicMock()
+        mock_response.content = '{"tool": "search"}'
+        mock_llm.invoke = MagicMock(return_value=mock_response)
+        mock_get_model.return_value = mock_llm
+
+        meta = ConcreteMetaTool()
+        result = await meta.execute({"query": "find Python docs"})
+
+        search_handler = meta.sub_tools[0].handler
+        search_handler.assert_called_once()
+        assert result.data == "search result for query"
+
+    @pytest.mark.asyncio
+    @patch("app.agents.tools.meta_tool.get_chat_model")
+    async def test_execute_passes_params_to_subtool(self, mock_get_model):
+        mock_llm = MagicMock()
+        mock_response = MagicMock()
+        mock_response.content = '{"tool": "calculate"}'
+        mock_llm.invoke = MagicMock(return_value=mock_response)
+        mock_get_model.return_value = mock_llm
+
+        meta = ConcreteMetaTool()
+        params = {"query": "compute 2+2", "extra": "data"}
+        result = await meta.execute(params)
+
+        calc_handler = meta.sub_tools[1].handler
+        calc_handler.assert_called_once_with(params)
+        assert result.data == "42"
diff --git a/backend/tests/unit/test_skills.py b/backend/tests/unit/test_skills.py
new file mode 100644
index 0000000..d3cfacf
--- /dev/null
+++ b/backend/tests/unit/test_skills.py
@@ -0,0 +1,209 @@
+"""Tests for agent skill types, loader, registry, and tool."""
+
+from __future__ import annotations
+
+import asyncio
+from pathlib import Path
+from unittest.mock import patch
+
+import pytest
+
+from app.agents.skills.types import SkillMetadata, Skill, SkillSource
+from app.agents.skills.loader import SkillLoader
+from app.agents.skills.registry import SkillRegistry
+from app.agents.skills.tool import create_skill_tool
+
+
+# ---------------------------------------------------------------------------
+# SkillMetadata & Skill
+# ---------------------------------------------------------------------------
+
+
+class TestSkillMetadata:
+    def test_creation(self) -> None:
+        meta = SkillMetadata(
+            name="test-skill",
+            description="A test skill",
+            path="/skills/test.md",
+            source="builtin",
+        )
+        assert meta.name == "test-skill"
+        assert meta.description == "A test skill"
+        assert meta.path == "/skills/test.md"
+        assert meta.source == "builtin"
+
+
+class TestSkill:
+    def test_creation_with_instructions(self) -> None:
+        skill = Skill(
+            name="s1",
+            description="desc",
+            path="/skills/s1.md",
+            source="builtin",
+            instructions="Do this and that.",
+        )
+        assert skill.name == "s1"
+        assert skill.instructions == "Do this and that."
+        assert skill.source == "builtin"
+
+
+# ---------------------------------------------------------------------------
+# SkillLoader
+# ---------------------------------------------------------------------------
+
+_VALID_SKILL_CONTENT = """\
+---
+name: test-skill
+description: A skill for testing
+---
+
+## Instructions
+
+Follow these steps to perform the test skill.
+
+1. Step one
+2. Step two
+"""
+
+_NO_FRONTMATTER_CONTENT = """\
+## Instructions
+
+This file has no YAML frontmatter.
+"""
+
+_EMPTY_FRONTMATTER_CONTENT = """\
+---
+---
+
+## Instructions
+
+Empty frontmatter.
+"""
+
+
+class TestSkillLoader:
+    def test_parse_valid(self) -> None:
+        skill = SkillLoader.parse_skill_file(
+            content=_VALID_SKILL_CONTENT,
+            path="/skills/test-skill.md",
+            source="builtin",
+        )
+        assert skill.name == "test-skill"
+        assert skill.description == "A skill for testing"
+        assert "Step one" in skill.instructions
+        assert skill.source == "builtin"
+
+    def test_parse_no_frontmatter(self) -> None:
+        """frontmatter가 없으면 name/description이 빈 문자열."""
+        skill = SkillLoader.parse_skill_file(
+            content=_NO_FRONTMATTER_CONTENT,
+            path="/skills/no-front.md",
+            source="builtin",
+        )
+        assert skill.name == ""
+        assert skill.description == ""
+        assert "no YAML frontmatter" in skill.instructions
+
+    def test_parse_empty_frontmatter(self) -> None:
+        """빈 frontmatter도 정상 처리."""
+        skill = SkillLoader.parse_skill_file(
+            content=_EMPTY_FRONTMATTER_CONTENT,
+            path="/skills/empty-front.md",
+            source="builtin",
+        )
+        assert skill.name == ""
+        assert skill.description == ""
+
+    def test_load_from_path(self, tmp_path: Path) -> None:
+        skill_file = tmp_path / "SKILL.md"
+        skill_file.write_text(_VALID_SKILL_CONTENT, encoding="utf-8")
+
+        skill = SkillLoader.load_from_path(skill_file, "builtin")
+        assert skill.name == "test-skill"
+        assert "Step one" in skill.instructions
+
+    def test_extract_metadata(self, tmp_path: Path) -> None:
+        skill_file = tmp_path / "SKILL.md"
+        skill_file.write_text(_VALID_SKILL_CONTENT, encoding="utf-8")
+
+        meta = SkillLoader.extract_metadata(skill_file, "builtin")
+        assert isinstance(meta, SkillMetadata)
+        assert meta.name == "test-skill"
+        assert meta.description == "A skill for testing"
+
+
+# ---------------------------------------------------------------------------
+# SkillRegistry
+# ---------------------------------------------------------------------------
+
+
+class TestSkillRegistry:
+    def setup_method(self) -> None:
+        SkillRegistry.clear_cache()
+
+    def test_discover_finds_builtin_skills(self) -> None:
+        """실제 builtin 디렉토리에서 dcf-kr, kim-jong-bong-strategy 발견."""
+        skills = SkillRegistry.discover()
+        names = [s.name for s in skills]
+        assert "dcf-kr" in names
+        assert "kim-jong-bong-strategy" in names
+
+    def test_get_returns_skill(self) -> None:
+        SkillRegistry.discover()
+        skill = SkillRegistry.get("dcf-kr")
+        assert skill is not None
+        assert skill.name == "dcf-kr"
+        assert "WACC" in skill.instructions
+
+    def test_get_returns_none_for_unknown(self) -> None:
+        SkillRegistry.discover()
+        assert SkillRegistry.get("nonexistent-skill") is None
+
+    def test_list_skills(self) -> None:
+        SkillRegistry.discover()
+        skills = SkillRegistry.list_skills()
+        assert len(skills) >= 2
+
+    def test_build_skills_section(self) -> None:
+        SkillRegistry.discover()
+        section = SkillRegistry.build_skills_section()
+        assert "dcf-kr" in section
+        assert "kim-jong-bong-strategy" in section
+
+    def test_build_skills_section_empty(self) -> None:
+        """캐시 비어있으면 빈 문자열 반환."""
+        section = SkillRegistry.build_skills_section()
+        assert section == ""
+
+    def test_clear_cache(self) -> None:
+        SkillRegistry.discover()
+        assert len(SkillRegistry.list_skills()) >= 2
+        SkillRegistry.clear_cache()
+        assert len(SkillRegistry._cache) == 0
+
+
+# ---------------------------------------------------------------------------
+# create_skill_tool
+# ---------------------------------------------------------------------------
+
+
+class TestSkillTool:
+    def setup_method(self) -> None:
+        SkillRegistry.clear_cache()
+        SkillRegistry.discover()
+
+    def test_tool_metadata(self) -> None:
+        tool = create_skill_tool()
+        assert tool.name == "use_skill"
+        assert tool.concurrency_safe is True
+
+    def test_execute_valid_skill(self) -> None:
+        tool = create_skill_tool()
+        result = asyncio.run(tool.execute({"skill_name": "dcf-kr"}))
+        assert "WACC" in result.data
+
+    def test_execute_unknown_skill(self) -> None:
+        tool = create_skill_tool()
+        result = asyncio.run(tool.execute({"skill_name": "no-such-skill"}))
+        assert "찾을 수 없습니다" in result.data
+        assert "dcf-kr" in result.data
diff --git a/docs/plans/agents-architecture.md b/docs/plans/agents-architecture.md
new file mode 100644
index 0000000..8e437ad
--- /dev/null
+++ b/docs/plans/agents-architecture.md
@@ -0,0 +1,68 @@
+# Agent Architecture
+
+## 개요
+Galaxis-Po 투자 분석 에이전트 시스템. 자연어 쿼리를 받아 도구를 활용하여 투자 분석을 수행합니다.
+
+## 구조
+
+```
+backend/app/agents/
+├── __init__.py
+├── tools/                    # Meta-tool 패턴
+│   ├── types.py             # ToolResult, RegisteredTool
+│   ├── registry.py          # 도구 레지스트리
+│   ├── meta_tool.py         # MetaTool 베이스 클래스
+│   ├── finance/             # 금융 데이터 도구
+│   │   ├── get_financials.py
+│   │   ├── get_market_data.py
+│   │   └── sub_tools.py
+│   ├── search/              # 검색 도구
+│   │   ├── web_search.py
+│   │   └── news_search.py
+│   └── filesystem/          # 파일 도구
+│       ├── read_file.py
+│       ├── write_file.py
+│       └── edit_file.py
+├── skills/                   # SKILL.md 시스템
+│   ├── types.py             # SkillMetadata, Skill
+│   ├── loader.py            # SKILL.md 파서
+│   ├── registry.py          # 스킬 디스커버리
+│   ├── tool.py              # use_skill 도구
+│   └── builtin/             # 내장 스킬
+│       ├── dcf/SKILL.md
+│       └── kim-jong-bong-strategy/SKILL.md
+└── core/                     # 에이전트 코어
+    ├── agent.py             # 에이전트 루프
+    ├── compact.py           # 컨텍스트 압축
+    ├── prompts.py           # 시스템 프롬프트
+    ├── scratchpad.py        # 실행 로그
+    ├── tool_executor.py     # 동시 도구 실행
+    └── rules.py             # RULES.md 로더
+```
+
+## 핵심 패턴
+
+### Meta-tool
+NL 쿼리를 받아 LLM(fast tier)으로 적절한 sub-tool을 선택하여 실행합니다.
+
+### SKILL.md
+YAML frontmatter + 마크다운 본문으로 구성된 전문 분석 워크플로우입니다.
+에이전트가 use_skill 도구로 스킬을 로드하면 해당 워크플로우를 따릅니다.
+
+### 도구 동시성
+concurrency_safe 플래그로 읽기 전용 도구는 병렬 실행, 쓰기 도구는 직렬 실행합니다.
+
+### 컨텍스트 압축
+토큰 수가 임계값을 초과하면 LLM으로 대화를 요약하여 컨텍스트를 압축합니다.
+
+## API
+
+### POST /api/agent/query
+동기 응답. 에이전트 실행 후 최종 결과 반환.
+
+### POST /api/agent/stream
+SSE 스트리밍. 도구 실행 과정을 실시간으로 전달.
+
+## LLM 연동
+app.services.llm.get_chat_model()을 통해 LangChain BaseChatModel 사용.
+ModelTier.FAST(라우팅/압축), ModelTier.STRONG(분석/추론).