What are the four camps of wealth management?

Wealth management institutions in banking, insurance, securities and trust. The four camps of wealth management refer to wealth management institutions in four fields: banking, insurance, securities and trust. These four areas are considered to be the main participants in China's wealth management market, providing different types of wealth management products and services to meet the needs of different customers. Specifically, banks mainly provide traditional savings, wealth management and credit products, insurance companies mainly provide insurance and pension products, securities companies provide financial products and services such as stocks, funds and bonds, and trust companies mainly provide services such as trust, asset management and investment consulting. The wealth management institutions of these four camps all have their own characteristics and advantages, and customers can choose their own wealth management products and services according to their own needs and risk tolerance.