1, different user scales
Banks, Alipay and other consignment agencies have a large number of users, which is one of their advantages as a fund consignment channel. The user base of fund companies is relatively limited, while the number of fund companies is large, and there are no unified accounts and products among them, which diverts many customers and the maintenance cost of users is high.
Step 2 sell different products
Fund companies generally only sell fund products issued by their own companies, while fund consignment agencies usually sell multiple fund companies and various types of fund products at the same time. Investors can purchase multiple funds through one registration, which is more convenient to operate.
3. Different ways of making profits.
Fund companies make profits by collecting management fees and other fees during fund transactions, while consignment agencies rely on fund sales service fees to make profits.
4. The impact on investors is different.
Both fund institutions and fund companies are at risk of bankruptcy. The bankruptcy of fund institutions usually has no impact on investors, but the bankruptcy of fund companies has a greater impact on investors.
After the fund company goes bankrupt, if it meets the fund liquidation standards, it will return the funds to investors through liquidation, but the liquidation time will be long, which will lose some liquidation costs. If the liquidation standard is not met, other fund companies will generally take over the management. But no matter what kind of treatment, the bankruptcy of fund companies will have an impact on fund profits.
The above content about the difference between fund institutions and fund companies, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.