THE TAIKO BANK, LTD. and WealthNavi Inc. announced that the two companies have entered into a business alliance agreement on June 1, 2021, aiming to jointly develop and offer a managed account service with a hybrid of online and face-to-face support. The new managed account service with a hybrid of online and face-to-face advice will be released in this autumn at the earliest. In the era of "the 100-year life", there has been emerging needs for long-term investment among working families.

Through this business alliance, TAIKO BANK and WealthNavi will jointly develop and offer a managed account service with a hybrid of online and face-to-face support for customers of TAIKO BANK based in Niigata-prefecture, which enables long-term investment with a globally diversified portfolio. Through this new service, WealthNavi will provide its world-class wealth management algorithm and platform, and advisors at TAIKO BANK will support customers face-to-face to start and continue long-term investment with a globally diversified portfolio. The new managed account service will be released in this autumn at the earliest.

TAIKO BANK and WealthNavi will continue to enhance services in order to satisfy various needs of local customers.