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