The asset management business refers to the behavior that the asset manager operates the clients' assets, provides the clients with securities, funds and other financial products and collects fees according to the methods, conditions, requirements and restrictions agreed in the asset management contract.

There are three main types of asset management services: 1. Provide targeted asset management services for a single customer. 2. Handling collective asset management business for multiple customers. 3. Handle special asset management business for customers' specific purposes. In addition to securities companies, fund companies, trust companies and asset management companies, there are also third-party wealth management companies. In a sense, the expansion and positioning of third-party wealth management companies in the asset management market are somewhat similar to those of today's private equity funds, and the expert financial management and flexible cooperation terms are bundled and grafted as a breakthrough to open the asset management market. Third-party wealth management companies like Youdao Fortune.