2007 was a great year of growth and expansion for Aall STAR Financial Group. With the change of name brought a great boost of legitimacy added with the legacy of the Aall Group name which has a solid 100 year history in Asia.
Aall STAR Financial Group companies founded this year include Aall STAR Financial Japan K.K., a registered investment advisory business and Aall STAR Asset Management, a CIMA exempt asset management and product development company.
The next three years will see continued growth and product development while solidifying our current product/service offering to be the best in our market segment.
In the spring of 2004, then STAR Financial Management, applied for and qualified to receive the (MOF) Ministry of Finance (Japan) Licensed Securities Investment Advisor Status.
In June 2005 STAR Financial Management applied for the (MOF) Ministry of Finance (Japan) Licensed Securities Intermediary Sales Agent status. During October 2005 STAR Financial Management successfully gained the Licensed Securities Intermediary Sales Agent status.
Aall Group Inc. sells AT&B’s private banking, trust and corporate administration businesses to Cayman National Corporation (CNC). At the same time, in 2005, Aall Group Inc. becomes a large shareholder of Cayman National Corporation and M. Erik Monsen was appointed to the boards of Cayman National Trust and Cayman National Securities. In 2006, Aall & Company Limited and Wilhelmsen Maritime Services formalized a long-standing partnership into a joint venture - Aall Barwil Pte. Ltd.
STAR Financial Management Limited was created in April 2002. The main focus was towards developing the unique proprietary systems that are used for fund monitoring purposes. A discount fund supermarket website was developed and launched. It was built
and published to offer investors the opportunity to purchase funds at a discount to the normal entry price. This attracted members and clients from over 42 different countries.
Aall Group Inc. celebrated their centenial year in 2004 after 100 years of operation.
Aall Group Inc. Tokyo headquarters relocates to new offices.
The history of Aall Group Inc. and Aall & Co., Ltd. spans over a century in marine services and international finance.
Aall Group Inc's history dates from its foundation in Japan in 1904 as Aall Shokai, a trading and marine services company, which grew into one of the most important companies in its field. In the intervening years, Aall became involved in financial services and founded its own own bank in 1980. Aall Group Inc. was formed as the Group's holding company in the Cayman Islands in 1972.
Since 1972 Aall Group Inc. has concentrated on four core financial activities, independantly and through joint ventures and partnerships.
Private equity investing, including shipping, financial services and real estate, asset management, offshore financial services through an extended network of financial advisors and management services for entities requiring a Cayman presence.