Goldman courts Japan's wealthiest in crowded field

Asset management for super-rich among industry's few growth sectors

20200205N Shinjuku

Shinjuku's skyline in Tokyo: More than 80,000 Japanese housholds hold net financial assets of at least 500 million yen -- or $4.5 million -- according to one estimate. © Reuters

AKIRA YAMASHITA, Nikkei staff writer

TOKYO -- Goldman Sachs has brought its wealth management business to Japan, Nikkei has learned, seeking inroads among ultrahigh net worth clients in a market that has foiled other foreign financial firms.

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