1. Different starting points

The most fundamental purpose of banks launching financial management products is to absorb deposits. Although it nominally provides investors with investment channels higher than deposits, if we change From a perspective, this is just a disguised form of high interest rate deposits.

The essence of the collective financial management of securities companies is "customer asset management business". It is a financial management service in which securities companies accept the entrustment of investors and invest investors' funds in financial products such as stocks and bonds. From this perspective, the collective financial management of securities companies is more like a financial management product. It can make changes at any time according to changes in the market. When the securities firm guarantees a certain income, the final income changes will be relatively large.

2. Differences in costs and benefits

Bank financial products do not charge any handling fees, but a few products will charge a certain handling fee when redeemed in advance. In terms of cost, compared with bank financial products, brokerage collective financial products have no advantages at all, except that their management fees and custody fees will be lower than open-end funds.

The rate of return of collective financial management products of securities companies is basically fixed, and the slogan of collective financial management of securities companies is low fees, low risk, and high returns. Brokerage Collection Financial Collection clearly states in the product description how much the return rate exceeds, and the excess earnings will be divided with the brokerage.

3. Different liquidity

After more than half a year of market adjustment, the liquidity of RMB financial products has been greatly enhanced. Some banks have provided customers with early redemption rights in their product design. Some banks have also launched pledge and transfer services to facilitate investors in urgent need of money. The liquidity of brokerage collective financing is relatively weak. During the closed period, the products cannot be redeemed. Only during the open period can customers freely subscribe and redeem.

4. Different degrees of risk

When banks operate RMB financial products, they mainly control risks through the selection of investment targets. The national credit of bonds and central bank bills is their safety foundation. The risk of centralized financial management is still higher than that of banks. After all, some assets will participate in the secondary market, and it has a lot to do with the management style and model of the rectification team. It faces greater systemic risks and operational risks.

Extended information

If you go to a bank or securities company for financial management, you need to open a corresponding financial account. Generally speaking, financial management accounts opened through banks can handle savings products, bank financial products and fund products, and large banks can also purchase them through the banking system. Since bank branches are widely distributed, investment and financial management accounts opened through bank channels can be processed at bank counters.

Financial management accounts opened by securities companies can be used for stocks (including A shares, B shares, H shares, etc.), bonds (including treasury bonds, corporate bonds, corporate bonds, etc.), and futures (including financial futures such as stock indexes) Futures, foreign exchange futures, etc., commodity futures such as gold futures, agricultural product futures, etc.) and a series of investment and financial management tools. The opening of a securities account can be done at the business department of each securities company and needs to be done within the trading day.

The procedures for investment companies are relatively convenient. Generally, you only need to provide copies of your ID card and bank card. Investment companies will also customize exclusive financial plans for customers.

Levels of financial management

The first level is to handle and use money effectively and rationally, so that your money expenditure can have the greatest effect, so as to meet the needs of daily life to the maximum extent. Purpose.

The second level is to invest the remaining money to generate the best financial returns, which is the level where money makes money.

The third level is to conduct life planning from a financial perspective, using existing economic and financial conditions to maximize the value of one's human resources and prepare for future development.

Baidu Encyclopedia - Financial Management