Monex-Saison-Vanguard Investment Partners makes “MSV Compass+” available at Okachi Securities

Maria Nikolova

“MSV Compass+” is a new discretionary asset management service with a combination of robo-advisor and human support.

Monex-Saison-Vanguard Investment Partners, Inc., a subsidiary of a subsidiary of Monex Group, Inc. (TYO:8698), today announces that its “MSV Compass+” service becomes available at Okachi Securities from October 1, 2019. As FinanceFeeds reported back in December 2018, “MSV Compass+” is a new discretionary asset management service which combines robo-advisor and human support.

Okachi Securities will be the first financial institution in Aichi to offer “MSV Compass+”. MSV Investment Partners and Okachi Securities will work together to offer long-term support to customers until their individual financial goals are achieved.

For asset management, MSV Investment Partners does everything on behalf of its customers as part of a discretionary (or entrusting) investment model. Leveraging the digital capabilities of the asset management process and digital communications through “My Page” functionality, customers are able to enjoy enhanced convenience and reduced fees.

Consultation for the development of asset management plans and follow-up services that require detailed human support will be handled by in-person meetings with representatives of Okachi Securities. The representatives will utilize the purpose-built screens equipped with robo-advisor capabilities in order to respond to customers’ concerns.

Thanks the robo-advisor capabilities of MSV Investment Partners, Okachi Securities is set to offer detailed assistance to its customers from the development of asset management plans to their journey towards financial goals as they prepare for a 100-year life span, thereby meeting a wide range of customers’ asset building and asset management needs.

Back in December 2018, Monex-Saison-Vanguard Investment Partners noted 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.

Read this next

Retail FX

Malaysia regulator exposes OctaFX clone, shady FB profiles

Malaysia’s financial regulator today warned online investors about the risks of following investment tips made on social-media platforms.

Digital Assets

Crypto trading volume spikes at Swiss bourse amid FTX collapse

The shockwaves from the historic collapse of Sam Bankman-Fried’s crypto empire are still being felt across the industry, but some trading venues are actually doing better because of it.

Executive Moves

CMC Markets adds Camilla Boldracchi to institutional sales

UK’s biggest spread better, CMC Markets has promoted Camilla Boldracchi to take on an expanded role within its institutional sales desk.

Institutional FX

FXSpotStream reports $1.48 trillion in monthly volume for November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2022, which moved higher on a yearly basis but reflected weak performance across executed trade volumes when weighed against the figures of the prior month.

Retail FX

Interactive Brokers’ client activity drops 30% YoY

Interactive Brokers LLC (NASDAQ:IBKR) saw 1.95 million daily average revenue trades, or DARTS, in November 2022 compared to 1.96 million transactions in the prior month.

Digital Assets

The rise of Crypto ETPs in traditional exchanges as crypto winter deepens

Institutional investors are increasingly looking at traditional regulated exchanges as their first route into digital assets amid market turmoil caused by the crypto winter and the collapse of several big names within the space, including FTX. Acuiti and Eurex surveyed 191 buy and sell-side firms on their views of the digital assets markets in order […]

Digital Assets

TP ICAP’s crypto arm receives FCA’s go-ahead

UK interdealer broker TP ICAP has received a regulatory go-ahead to launch its cryptocurrency services in the UK. The bid shows that the recent collapse of FTX exchange has done little to damp the interest of big names in running their own crypto business.

Industry News

Coin Signals founder to pay $2,847,743 after prison sentence over crypto Ponzi scam

The U. S. District Court for the Southern District of New York has ordered Jeremy Spence, founder of Coin Signals, to pay $2,847,743 in restitution to victims of a fraudulent virtual currency scheme.

Digital Assets

CME Group goes DeFi: Reference rates and real-time indices of Aave, Curve, Synthetix

“These rates are designed to provide traders, institutions and other users transparency and price discovery across a much broader range of tokens, allowing them to confidently and more accurately value cryptocurrency sector specific portfolios and manage price risk around various blockchain-based projects.”