The threshold of financial services for clients in the Draft for Comment: the institution that conducts account management has the qualification of securities investment consulting business, with a registered capital of not less than 5 million yuan; At the same time, there are at least 1 business personnel who have obtained the qualification of securities investment consulting and have more than 2 years experience in securities, funds or futures business, and the senior management personnel meet the relevant provisions. According to the provisions of the exposure draft, as long as they have the qualification of securities investment consulting business, the registered capital is not less than 5 million yuan, there are more than 1 employees who have obtained the qualification of securities investment consulting and meet the relevant conditions, and companies that meet other legal and internal control related systems can carry out account management business. This means that all the mainstream securities companies in the market meet the requirements, but some third-party investment consulting institutions may be trapped in the 5 million entry threshold.