Genuinity of a company: Universal Asset Management

[Stefano Montagna]

Hello, how can I verify, if a company is existing/genuine?

The link to the company is

Home - Universal Asset Management Tokyo Japan

Collins’ online translator helps with accurate phrasing and idiomatic choices when you need to translate sentences or longer passages. The interface is designed for clarity: paste your source, choose the languages, and review suggested alternatives. For many users, translating a single paragraph...

universalassetmgmt.com

 

[thomas]

Hi Stefano,

Welcome to the forum!

1. The Corporate Number Publication Site of the National Tax Agency has no company listed under "Universal Asset Management".

National Tax Agency Corporate Number Publication Site(NTA-CNPS)

National Tax Agency Corporate Number Publication Site

www.houjin-bangou.nta.go.jp

2. Their address is listed as

Hibiya Kokusai Bldg, 7F. 2-2-3 Uchisaiwaicho. Chiyoda-ku. Tokyo 100-0011. Japan

Hibiya Kokusai Bldg. is an office building in central Tokyo that houses a lot of legitimate companies and organisations: the Hakuhodo Foundation, the Japan-British Society, Kawasaki Steel, Ernst & Young, etc.

It is hard to tell whether they actually reside there. The only company I could find on the same floor was the Japan Aircraft Development Corporation.


3. They seem to maintain a lot of websites:

Home - Universal Asset Management Tokyo Japan

Collins’ online translator helps with accurate phrasing and idiomatic choices when you need to translate sentences or longer passages. The interface is designed for clarity: paste your source, choose the languages, and review suggested alternatives. For many users, translating a single paragraph...

universalassetmgmt.com

Home - Universal Asset Management Tokyo Japan

Universal Asset Management Why is the stock market up today? Why is the market down? What are the best stocks to buy right now? Is it time to sell my stocks? What’s the outlook for stock market futures? Nomura’s Asset Management Nomura’s Asset Management Division offers investment products to...

universalassetmanagementtokyo.com

Universal Asset Management Tokyo

UAM in Tokyo Japan

universalassetmgmttokyo.com

Account Suspended

Their main website (the first one just above) looks boilerplate, consisting of glitzy corporate templates with thin content and no personal details. Who are the people in charge, and why aren't they named?

And they have a few videos on YT.


Nothing that instils a lot of confidence, but that's just my view. I hope others can chime in, too.

Stefano, have you tried contacting them (phone: +81-3-4578-1998)? How did they get in touch with you?

 

[Arty]

Morning all
I actually have been dealing with them recently still with an open position and have concerns they may be part of the "cold calling" scamming branch.
Has anybody had any additional positive or negative experience with them? Has anybody seen their money lost with them?
Thanks for any reply

 

[johnnyG]

My guess is that it's some kind of offshore financial advisory company. These are not registered/legitimate in japan, but somehow these outfits continue to operate here. Their target clientele: naive expatriates.

If that is the case, they generally have very high fees, and a lock-in period where you commit to 'investing' regularly for 10-25 years. And, there are some serious charges if you want your money back early. (Like, if you realize you're being scammed.)