SBI Sumishin Net Bank and Sumitomo Mitsui Trust Bank to Promote Collaboration
SBI Sumishin Net Bank and Sumitomo Mitsui Trust Bank have initiated a collaboration, based on a business alliance agreement from December 19, 2025, to offer Sumitomo Mitsui Trust Bank Group's specialized services to SBI Sumishin Net Bank's customers. The first service to be offered is the discretionary investment management service, "Sumitomo Mitsui Trust Fund Wrap."
📋 Article Processing Timeline
- 📰 Published: March 30, 2026 at 05:11
- 🤖 AI Analyzed: May 26, 2026 at 21:27 (1384h 15m after Published)
SBI Sumishin Net Bank has utilized cutting-edge technology to provide highly convenient financial services closely related to daily life, such as home loans and asset formation. On the other hand, Sumitomo Mitsui Trust Bank has aimed to become the "best partner" for the 100-year life era by providing highly specialized services in areas such as asset management, real estate, and wills and inheritance.
SBI Sumishin Net Bank and Sumitomo Mitsui Trust Bank will expand their service cooperation and leverage their respective strengths to meet the diverse needs of their customers.
1. Launch of Sumitomo Mitsui Trust Bank's Discretionary Investment Management Service "Sumitomo Mitsui Trust Fund Wrap"
Aim and Background of This Initiative:
We will begin offering Sumitomo Mitsui Trust Bank's fund wrap service to SBI Sumishin Net Bank customers. This initiative involves representatives from Sumitomo Mitsui Trust Bank providing online consultations (*1), and Sumitomo Mitsui Trust Bank, as the discretionary investment manager, will handle the management and administration of assets according to the customer's investment policy. While SBI Sumishin Net Bank has offered a robo-advisor service, this initiative will further expand our service lineup in the asset management field. We will offer a new asset management option for those who are anxious about investing a large sum of money or who want to start investing with consultation.
Customers of SBI Sumishin Net Bank can receive Sumapro points according to the contract amount of the Sumitomo Mitsui Trust Fund Wrap by using the Sumitomo Mitsui Trust Fund Wrap program from SBI Sumishin Net Bank. For details, please check the SBI Sumishin Net Bank website.
[Fund Wrap Usage Program]
(Link: https://www.netbk.co.jp/contents/cmp/20260326_005192/)
<Sumitomo Mitsui...
FAQ
What is the main purpose of the collaboration between SBI Sumishin Net Bank and Sumitomo Mitsui Trust Bank?
The main purpose is to offer specialized services of Sumitomo Mitsui Trust Bank Group to customers of SBI Sumishin Net Bank, leveraging their respective strengths to meet diverse customer needs.
When was the business alliance agreement between the two banks concluded?
The business alliance agreement between SBI Sumishin Net Bank and Sumitomo Mitsui Trust Bank was concluded on December 19, 2025.
What specific service from Sumitomo Mitsui Trust Bank will be offered to SBI Sumishin Net Bank customers initially?
Initially, Sumitomo Mitsui Trust Bank's discretionary investment management service, "Sumitomo Mitsui Trust Fund Wrap," will be offered to SBI Sumishin Net Bank customers.
How will Sumitomo Mitsui Trust Bank provide consultations for the fund wrap service?
Representatives from Sumitomo Mitsui Trust Bank will provide online consultations for the fund wrap service to SBI Sumishin Net Bank customers.
What is the aim of introducing the "Sumitomo Mitsui Trust Fund Wrap" service to SBI Sumishin Net Bank customers?
The aim is to expand the asset management service lineup for SBI Sumishin Net Bank customers, offering a new option for those who are hesitant about large investments or desire consultation-based investing.