A New York and Hong Kong based wealth management firm has been issued with a license for alternative investment and discretionary advisory in Japan

Global Alliance Wealth Management Japan will commence operations from a Tokyo location before the end of September 2017, the company said in a press release.

In addition to investment offices located in New York and Hong Kong, Global Alliance Wealth Management (GAWM) will open its third office in Tokyo as the company continues to provide a global client base with access to alternative investments and wealth management solutions.

Tokyo Trumps London

To develop the Tokyo regional office, the company has appointed Masaki Ogawa as Chief Executive Officer and Bradley Carter as Executive Secretary.

Both representatives have been with GAWM since 2008 and are currently serving executive positions at the company's Hong Kong office.

«The company had considered the prospect of expanding operations in 2015 and had initially expected to open our third office in London last year. With the political instabilities over in Europe we had to put that decision on hold and bring forward the option to cement our foothold in Japan,» said Ogawa.