Research, Investment Banking High-end Private Wealth Management In China's Development

Based on the experience of developed countries' financial development, individual financial business gets special favor by different financial institutions and gets rapid development in recent years. High end private wealth management mainly refers to provide up grade professional financial products and wide financial services to high net assets clients.With the end of transition period of WTO, which means china will open its financial market to foreign financial institutions. Local and foreign financial institutions will get fierce competition on RMB and foreign currency business, high end clients are target of those financial institutions.Investment banking, as one of important part of financial institutions, plays great role in high-end private wealth management business. Compare with foreign investment banking, local investment banking is lack of management experience on high-end private wealth management business. This article analyzes the development of high-end private wealth management business and the management experience of high-end private wealth management business in foreign investment banking; Hopefully it will give some advice to local investment banking's development of high-end private wealth management. The results are summarized as follows.Firstly, it gives reader insightful knowledge about high-end private wealth management by comprehensive analysis.Secondly, it summarized the case of high-end private wealth management in foreign investment banking, and gave descriptions of the wealth creation process of high-end private wealth management in foreign investment banking.Thirdly, based on the analysis of high-end private wealth management in foreign investment banking, it gave several suggestions to our local investment banking who wants to pursing high-end private wealth management or who had already high-end private wealth management.The article analyzed problems through real cases. The result is generally useful. Chinese investment banking could learn what's going on in high-end private wealth management from foreign investment banking. It also could help to find the way to develop high-end private wealth management strategy and get some meaningful advices.