As long as the company has the qualification of securities investment consulting business, the registered capital is not less than 50 million yuan, the number of employees who have obtained the qualification of securities investment consulting and meet the relevant conditions exceeds 10, and the company conforms to other laws and internal control systems, it can carry out account management business.
Asset management business is a financial service that banks, trusts, securities, funds, futures, insurance asset management institutions and other financial institutions accept the entrustment of investors to invest and manage the property of entrusted investors. Financial institutions perform due diligence obligations for customers' interests and charge corresponding management fees, and customers bear investment risks and gain income.
Asset management business is an off-balance-sheet business of financial institutions, and financial institutions may not promise to protect capital and income when conducting asset management business. When payment is difficult, financial institutions may not advance in any form. Financial institutions may not carry out on-balance-sheet asset management business.
Extended data:
As a financial business, asset management belongs to the franchise industry and must be brought into financial supervision. Non-financial institutions may not issue and sell asset management products, unless otherwise stipulated by the state. Non-financial institutions that issue and sell asset management products in accordance with state regulations shall strictly abide by the relevant regulations and the requirements of this opinion on the appropriate management of investors.
Financial institutions shall establish and improve the system of qualification identification, training, assessment and accountability of asset management business personnel, ensure that the personnel engaged in asset management business have the necessary professional knowledge, industry experience and management ability, and fully understand the relevant laws and regulations, regulatory provisions and the legal relationship, transaction structure, main risks and risk control methods of asset management products.
Baidu Encyclopedia-Customer Wealth Management
China Securities Network-Guiding Opinions on Standardizing Asset Management Business of Financial Institutions