The Path to Transformation for Securities Firms' Wealth Management: How to Build a Wealth Advisor Team

As securities firms transform towards wealth management, the importance of "custody" (or "management") is becoming increasingly prominent, with the concept of "three parts investment, seven parts management" becoming a basic consensus in the industry. Against this backdrop, building the capability for "management" has become a crucial question that must be answered in the process of wealth management transformation for securities firms. Based on our long-term tracking and service experience in the wealth management industry and China's securities industry, this article aims to provide some thoughts and perspectives on how securities firms can build a wealth advisor team, as a reference for leaders and practitioners in the wealth management transformation of securities firms.