Japan’s Wealth Management Market: New Phase for Further Growth

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
10 June 2014


Despite having the largest pool of wealth in Asia, the Japanese wealth management market is underdeveloped. But tax changes, new customer segments, and the emergence of digital financial services could trigger a new era in wealth services in Japan.

In the report Japan's Wealth Management Market: New Phase for Further Growth, Celent looks at wealth management and private banking trends in Japan, and analyzes IT trends on the market. The report also looks at retail investment trends.

Celent describes the following trends:

  • A generational transition among small business owners.
  • Revision of tax regulation.
  • A strong relationship with senior adults.
  • Rise of a mobile advisor tool.
  • Advice on real estate.

“Japan has the biggest high net worth population and the largest pool of HNW wealth among APAC countries,” comments KyongSun Kong, Analyst with Celent’s Asian Financial Services Group. “Therefore, Japan has the potential to grow wealth management activities if wealth managers gain the trust of HNW individuals.”

This report features interviews with wealth management players and solution providers and provides recommendations for financial institutions and vendors that are considering expanding their business in this field.