Japan possesses $17 trillion in investable assets, with a transition of wealth in the next decade from old to millennial and a currently poor offer by Japan's banks this could provide a huge opportunity
8 Now! Japan's first robo-investing service 8 Securities, a leading mobile trading & investing service in Asia, today announced the launch of Japan's first robo-advisor service. 8 Now! is a simple way for individuals to create and automate a professionally designed global portfolio at a fraction of the cost of banks and investment advisors. "8 Now! is the first investing service in Japan that was built specifically for young people who value mobility, simplicity and low cost," said Iimori Nobofumi, President of 8 Securities in Japan. In what is sure to be a disruptive move in Japan's highly conservative financial services industry, customers can begin investing in a global portfolio with as little as $88 and only a 0.88% service fee. Investors have the freedom to buy and sell their portfolio at no cost.