Many people have a strong sense of mystery about the fund industry. Let's talk about it in detail. Let's just say that the financial industry is a relatively "high-end" industry in China and even the world, and it is glamorous when dealing with money. The financial industry can be divided into many sub-industries, among which the most mysterious or promising are the fund industry and the investment industry. So the financial industry is the crown, and funds and investment banks are the pearls in the crown. Including foreign countries, Wall Street, funds and investment banks are also the most profitable, and top people are also gathered here. For example, Buffett, Soros and Fidelity funds that we are familiar with are all funds, while Goldman Sachs, Merrill Lynch and Citigroup are all investment banks, and their employees are all highly intelligent, highly educated and well paid. In China, funds and investment banks rose late, with a history of more than ten years, but they developed very rapidly. Investment banks symbolized by sponsors are the most difficult certified public accountants and lawyers. It is normal to earn more than one million yuan a year, but they are all coolies. As far as industries are concerned, there are about 70 fund companies in Public Offering of Fund, with assets of about 4 trillion yuan, but the industry concentration is very high, and the share of large companies accounts for a large proportion. First of all, the fund companies are all state-owned enterprises, and their licenses are very valuable, so they can guarantee their income through drought and flood. Secondly, fund companies are the light asset company of the financial industry, that is, they manage a lot of money, but few employees, and they are all elites. They are either very capable or have strong relationships and resources, so their wages are very high (which should be the highest on average in all industries). The natural recruitment threshold is particularly high, and even few people recruit. They are all poaching between the same industries. Take Huaxia Fund as an example. It manages more than 300 billion assets, but only a few hundred employees. It collects management fees every year, and everyone knows the benefits of employees. The annual report reveals that the average salary is above 1 10,000, which is credible. Not to mention fund managers and researchers, the salary for positions such as channel, agency direct sales and background operation is not comparable to that of ordinary people. Of course, their own quality is not comparable to that of ordinary people. Fund managers and researchers are basically turtles from famous universities such as Harvard, and top candidates in the national college entrance examination. Or they were dug up by Wall Street, and their sales were also started by masters from famous universities at home and abroad. CFA and CPA are everywhere, and even students from famous universities are now flocking to the fund industry. First, the salary is good, and second, the working environment is good, and colleagues are all elites.