Nov. 1, 2008 - Karllestone Capital launches in Japan
Karllestone  Capital a professional services and consulting boutique in Japan has officially started its' practice.

Jan. 30,  2009 - Karllestone Capital  selected as lead consultant for large investment bank  to provide consulting and professional services for risk management and Wealth Management strategy.

March 1 2009 - Karllestone Capital has been selected as source for commentary and input for the upcoming book on "Business Model Generation and Innovation".

April 30, 2009 - Karllestone Capital  selected as lead consultant for Organizational Change Management strategy  for foreign Pharmaceutical company

May 12, 2009 - Karllestone Capital has been identified by several  London based research
companies as a key source for advisory and business intelligence for the Wealth Management
and Private Banking market in Japan.

May 26, 2009 - Karllestone Capital set to launch news and information portals for the Wealth Management market in  Japan  and separate portals for Financial Advisors, RM ( Relationship Manager) , and Independent Advisors,  in June 2009.  In addition the launch of the first bilingual blog for Wealth Management and Private Banking  will launch.


June 12, 2009  OnlineInvestingJapan's first blog for professional in the Wealth and Financial services sector has been released for initial trial.
www.onlineinvestingjapan.com/blog1
http://privatewealthjapan.wordpress.com/
NEW  " Japan  Wealth Technology Report"  1st issue released by Karllestone Capital

June 17, 2009  " What is a Family Office and the Concept of a Single and Multi-Family Office in Japan for Wealth Families" is being published for distribution

July 14, 2009  SAAJ ( Securities Analyst Association of Japan) recently held 2 key seminars on
"Private banking business under the current turmoil, focusing on Switzerland and Singapore" and "A guide for private bankers how to utilize "trust" under Japanese trust law".  Karllestone Capital participated in roundtable discussion on both topics.

July 14 , 2009 Wealth Briefing has published  "Firms Must Focus On Raising Quality Of Relationship Managers" a very important article on concerning the quality of relation managers.

July 14, 2009 The long awaited book  titled "Business Model Generation and Innovation" is slated for a Sept. release. Karllestone Capital has been contributing  to this important book.
 
July 30, 2009  Karllestone Capital has published the latest article on "IT Spending for Wealth Management in the Japanese Market and the key drivers behind it "

Aug 17, 2009  Regulatory changes allowing banks and brokerages to more easily share customer information are spurring overseas and Japanese banks to bolster their wealth management operations in the world’s second-biggest economy. Japan relaxed regulations in June, allowing banks and brokerages to share customer information and enabling employees within the same group to serve in dual roles at banking and brokerage units. The rule changes will allow Private Banking and Wealth Management firms to sell banking and brokerage investment products to its affluent clients.

Sept. 9, 2009   Karllestone Capital and Capital Asset Planning a prominent Japanese based company that consults on tax and asset allocation strategies for Wealth Management individuals in Japan have agreed to cooperate on consulting services for Wealth Strategies & Wealth Management Technology for promoting and marketing to financial institutions engaged in wealth business in Japan.

Sept. 18, 2009  Julius Baer, the Swiss private bank, will launch its Japan Stock Fund in the UK, indicating that the bank is taking a positive view on the future of the Japanese post-recession economy. The fund will give investors access to two investment approaches. The first approach, named Quant Pool, has a value nature, screening 1,100 stocks in the MSCI Japan Index with a proprietary quant model to identify up to 100 of what they consider the most attractive stocks.

The second approach, called Diamond Pool, is a portfolio of 20 to 30 companies with leading positions either domestically or abroad.

“Japan is out of recession and has recently achieved positive growth. With more stable currency markets and cheaper production costs the Japanese equity markets moved from the red into the black,” said Dirk Kubisch, product specialist equities at Julius Baer.

Sept. 18 2009 Japanese Banks Stage Comeback In Wealth Market
Japan is possibly the world’s most enigmatic wealth management market and has entered an enigmatic new phase as local banks stage a comeback.

Sept. 18 2009 The long awaited book  titled "Business Model Generation and Innovation" is slated for a Sept. release. Karllestone Capital has been contributing  to this important book.
 
Sept 23 2009     Sun rises on Japan, again 22/09/2009


Oct. 2 2009   Finally Released. The newly published book "Business Model Generation".  
A handbook for visionaries, game changers, and challengers striving to defy outmoded
business models and design tomorrow’s enterprises.
Karllestone Capital  participated as a co-creator and contributor on several key areas on this project.

Dec. 21 2009 Karllestone Captial has released a set of tools and template for Wealth Management and Private Banking Business Models for the Japanese Financial Market. The tools are part of  the ongoing process for helping Japanese and  foreign financial companies with a strategic objective for setup of an onshore platform.

April 20 2010  The government passed the Financial Settlement Act, allowing non-banks to conduct money transfer operations to be implemented by June 2010 (subject to regulatory approval).

May 31 2010 Karllestone Capital has successfully advised and  consulted a major Japanese Online Bank and international financial services company for Global Business Payments and  FX, Foreign Currency Remittance and Transaction Services, AML,  KYC, Client Suitability and Compliance.  Karllestone provided strategic direction, transformation services and business model advisory for product development.

June  7 2010 Karllestone Capital  initialed the Japan based questionaire for HNWI, Mass Affluent and IWA ( Independent Wealth Advisor). The basis of this survey is to understand the customer perspective of the state of wealth management in Japan and issues being faced.

June 15 2010  Singapore Leads Wealth Recovery, Becomes ‘Monaco of the East’
Singapore and Malaysia led a recovery of global wealth to pre-crisis levels as the number of millionaires grew by about 14 percent last year, the Boston Consulting Group said. The number of millionaire households increased to 11.2 million, according to the annual study released yesterday by the Boston-based firm. In 2008, the number of millionaire households fell about 14 percent to 9.8 million. Global wealth rose by 11.5 percent as assets under management increased to $111.5 trillion, approaching 2007’s record $111.6 trillion. Singapore had the highest proportion of millionaire households at 11.4 percent, followed by Hong Kong and Switzerland, after the city-state posted a 35 percent gain.

June 29 2010 Karllestone Capital has been selected as the to provide Business Model design and consulting services for a major  E-Commerce and Online Banking provider for improving business communications and  local transformation of   the overall company objective and strategy

July 5 2010 Rakuten Bank To Offer Low-Fee Overseas Remittances For Businesses
TOKYO (Nikkei)--Online specialist Rakuten Bank will begin a service as soon as next month that allows companies to send money to overseas accounts at far lower costs than existing services being offered by big banks. Due to the newly enacted Money Transfer Law  that went in to effect in Japan from April 1 this year to allow non-banks  to office remittance service. In partnership with Travelex UK Ltd., the Rakuten Inc. (4755) group member will provide remittance services in an industry-leading 67 currencies to roughly 210 countries and regions. Forms can be filled out online at any time. The service will cost 1,000 yen per transfer through year's end, and 2,000 yen starting in January. Paying for the recipient's fees will bump up the cost to 2,000 yen for the remainder of the year, and 3,500 yen from 2011. These fees are roughly half those charged by major banks. The service will be available to businesses with a Rakuten Bank account. The bank is targeting more than 1,000 customers within the year, primarily drawing from tenants of the Rakuten virtual mall. It anticipates demand from importers and others involved in overseas transactions.

Karllestone Capital acted as the primary Business Advisor and strategy consultant for this important initiative.

Aug 10 2010  Karllestone Capital has announced the launch of  visual illustration and graphic tools for "Business Model Generation" as part of graphic facilitation for organizations to better understand their internal process and strategy.

Aug 25 2010 Karllestone Capital announced the translation of the book "Business Model Generation" to Japanese is in progress. A very large prominent Japanese publisher will conduct the translation services.

Oct.4 2010 Karllestone  Capital attended and presented and the  2nd Wealth Management Technology and Business Model and Strategy for Japan.