Monex to Launch Wealth Management Services

Monex, an online trading company, announced that it will officially launch wealth management services on October 18, 2021, under the Private Wealth Department that was established on October 1, 2021.

Recognizing the need for stable and robust services in wealth management in Japan, Monex is committed to its goal of offering the wealth management services that protect the value of customers’ assets and of becoming a customer-centric asset/wealth manager.

Monex has been offering in-person consultation to its customers through independent financial advisors (IFA). In this way, Monex’s extensive product line-up as well as capabilities of product structuring and securities operations are made available to customers not only via online transactions but also through in-person marketing.

This also caters to a wide range of requests from customers who require consulting services, and assets under management accumulated through IFAs have been steadily growing.

With these achievements as a base, Monex decided to officially launch wealth management services to expand its capabilities in this area. The enhanced in-person marketing is especially designed for high-net-worth individuals, while the goal of the services is to focus on protecting the value of their assets.

Last month, Monex launched over-the-counter US stock trading services​, aiming to improve the investment environment for its customers.