#Japan #Tokyo #SBI Securities #Olive Consulting #FOLIO Group

Introduction

In an exciting development in the investment sector, SBI Securities has entered into a strategic partnership with Olive Consulting and FOLIO Group. This collaboration aims to utilize the strengths and resources of all parties involved to enhance their business operations and increase corporate value through innovative financial products.

Purpose of the Strategic Alliance

As Japan gears up for the implementation of the new NISA system in 2024, there is a growing wave of investment opportunities becoming accessible to a broader demographic, particularly younger investors. However, many individuals still feel overwhelmed or too busy to engage in asset management. The strategic partnership between Olive Consulting, a provider of new asset management services under the SMBC Group, and the innovative financial solutions offered by FOLIO Group seeks to accelerate the transition from savings to investments amongst the public, contributing to a sustainable economic environment.

The partnership is grounded on three key areas:
1. Joint Development and Enhancement of Products: The firms aim to develop new products that leverage their combined expertise and enhance service convenience.
2. Expanded Customer Base through Collaboration: They will utilize each other’s resources to attract new clients and strengthen retention.
3. Future Expansion Discussions: Ongoing conversations will take place to explore ways to maximize synergies further.

New Product Launch – Olive Wrap

In line with this collaboration, they are introducing a new service named “SBI Wrap Olive Consulting Course” (nicknamed “Olive Wrap”). This innovative asset management service will be available starting May 30, exclusively for Olive Consulting clients, offering the industry’s lowest fees alongside optional advisory support for a comprehensive and secure asset management experience.

Olive Wrap Features

1. Low Fees:
- The fee structure is designed to be simple and sustainable, making it easier for clients to maintain their investments.
2. Premium Support:
- For clients investing over 10 million yen, personalized advisory support will be provided by Olive Consulting’s experts who will offer market insights regularly.
3. Diversified Investment Strategies:
- The service includes dynamic investment strategies employing a range of 10 asset classes, managed by FOLIO based on advice from SMBC Global Investment & Consulting.
4. Easy Onboarding:
- Clients can start investing with a user-friendly mobile experience, requiring only seven questions to determine their investment style and allowing them to invest starting at just 10,000 yen, with monthly contributions starting at 1,000 yen.

Conclusion

The collaboration between Olive Consulting, FOLIO Group, and SBI Securities marks a significant step forward in the financial services landscape of Japan. By effectively pooling their resources and expertise, they aim to foster a culture of investment and provide innovative solutions that address the needs and preferences of a diverse range of investors. This partnership is set to redefine how individuals perceive and engage with asset management, facilitating a smoother transition from traditional savings to more proactive investment strategies.