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8 Securities Launches Japan's First Robo-Advisor Service for Millennials

"8 Now!" allows customers to 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.

"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. "Japan is experiencing one of the largest generational shifts of wealth in history. Japan possesses $17 trillion in investable assets. However, the Millennial generation are being grossly underserved by Japan's banks, said Mikaal Abdulla, CEO of 8 Securities.

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