1. The salaries (wages) of the executives and staff of banks and fund management companies are very high and the total amount is very large. Of course, this part of the salary is allocated from the funds paid by users who purchase wealth management products. Moreover, regardless of whether the wealth management products are profitable or losing money, people should get a penny salary. Even if they lose money, they can still get high wages and bonuses, and they will not be deducted or compensated to customers because of losses.

2. The money raised by wealth management products is used by fund companies to buy bonds, stocks and other products. Bonds won't lose much, but it's good to earn more and earn less, so it's hard to say about stocks. Poor management and malicious manipulation of listed companies will lead to operating losses and falling stock prices. Then, fund companies that buy stocks will naturally lose money, and customers' money will go to Shui Piao. So, where is the money? The answer is simple, either it was harvested by the banker who manipulated the stock market, or it was lost by the listed company, or it was squandered and misappropriated. I can't come back anyway.