Asset Management Business Of Securities Companies Research

In recent years,with the sustained and stable economic development,residents' income and wealth growing,in the face of bank savings rate is low,residents demand for investment and financial services growing.To the commercial banks and public funds as the leading financial products market has been unable to meet the needs of investors in the case of strong domestic demand,financial regulators have gradually liberalized the threshold of access to asset management agencies,fund companies,trust companies,securities Companies,banks,futures companies,insurance asset management companies and private equity management companies seven types of financial institutions to open a new pattern of asset management market competition.Under the influence of the policy dividend,the domestic asset management business has made rapid development since 2012.Asset management business as an important channel in the financial market investment and financing,to achieve the optimal allocation of resources and promote industrial concentration play a vital role.Securities companies as a "capital market service intermediary" to carry out asset management business has a natural advantage,its development potential is much larger than other asset management agencies.Securities company asset management business to receive management fee income model is different from the traditional brokerage revenue-based brokerage business,has gradually become an important source of income.Securities companies asset management business in the rapid development of the same time,also faced with some prominent issues,such as the scale of business growth of structural imbalance,centralized management of product design homogeneity,investment decision-making capacity and regulatory environment is not mature and so on.How can the securities companies continue to meet the market investment management needs in the environment of full competition and how to avoid the structural imbalance of the asset management business in order to carry out the asset management business in combination with the business advantages of the securities companies.The future development plan of the securities company's capital management business is the urgent problem that the securities company needs to solve.Based on this,this paper first introduces the development process of securities companies,the development of the power and analysis of its status quo.Combined with a small brokerage analysis of the collective asset management business and targeted asset management business processes and problems.And then from the perspective of the industry for the securities company asset management business in the process of the common problems were analyzed,and finally put forward countermeasures and suggestions for thesecurities companies to provide a reference for the healthy development of business.