Monex-Saison-Vanguard Investment Partners to launch new discretionary investment asset management service

Maria Nikolova

The new service, named “MSV COMPASS +”, combines robot and human supports.

Monex-Saison-Vanguard Investment Partners, Inc., a subsidiary of Monex Group, Inc. (TYO:8698), has earlier today unveiled its plans to offer a new discretionary investment asset management service.

The new service, named “MSV COMPASS +”, combines robot and human supports, with its launch scheduled for the early spring of 2019. The “MSV COMPASS +” service will be offered through financial institution partners, the company explained. Akatsuki Securities, Inc. will be the first institution to offer the service.

Monex-Saison-Vanguard Investment Partners notes that the conventional face-to-face service implies high minimum investment amounts and commissions, and thus the users are mainly affluent people. In contrast, the online self-directed asset management services (robo advisers) which the company has also been offering, is less costly, so the number of users among younger generations is increasing.

“MSV COMPASS +” offers a low-cost hybrid service by utilizing robot powers in the asset management process while keeping the secure feeling of face-to-face service, which enables users to enjoy both merits of the face-to-face discretionary management and the online self-directed services.

The online self-directed asset management service “MSV LIFE,” which started from September 2016, offers long-term support from goal setting to its achievement, using the goal-based approach as a concept. Based on the concept of “MSV LIFE,” Monex-Saison-Vanguard Investment Partners has developed the web screen pages dedicated to each financial institution partner and established the system that enables their sales representatives support a customer asset building and periodical follow-ups after entering into an investment discretionary contract with the customer. The company will perform all aspects of asset management including the selection of products and stocks.

Customers are able to check daily operational status and periodic reports and make changes to the contract, etc., through the personal MyPage provided by the company. The company will share each customer’s periodical reports with the financial institution partner which has offered the service of “MSV COMPASS +” to the customer so that they can also extend long-term follow-up support to their customers.

Let’s recall that, about a year ago, Monex-Saison-Vanguard Investment Partners reported about an agreement with Shizuoka Bank on the introduction of a robo-advisory service. The robo-advisory service with discretional investment management includes asset management and asset control services, as the robo-advisors make investment decisions, execute transactions and consult based on customers’ selection of investment purposes, risk tolerance, capital amount, target amount, etc. In addition, the robots regularly conduct a follow-up of the investment plan and reconsider it if necessary.

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