What is it like to work in a securities company?

Securities companies are what we usually call brokers. The work of securities companies is mainly divided into several categories: brokerage business, investment banking business, asset management business, margin trading and securities lending business, and research institutes. So is working in a securities company stable? Are the wages good?

1. Investment Department - The investment of the company's own funds is called the self-operated department, generally called the securities investment department, and the department that accepts customer funds for investment and financial management is called the asset management department. The main positions include general manager, investment manager, and researcher. The fixed salary is generally 30W, 10W-20W, and 10-15W. The bonus at the end of the year depends on performance commission. Different companies are different. It’s normal to have 300,000 and 500,000 in the bull market, and it’s normal to have nothing in the bear market

2. Research institutions: Provide investment advice and research reports. The main positions include general manager, researcher, and research assistant. Nowadays, major securities companies will set up research institutes. The income of the institute is relatively stable. The fixed salary is generally 30w, 10w-20w, 5-10w, and the year-end bonus is generally about 50% of the fixed salary. Nowadays, there is a huge income gap among scientific researchers. Senior researchers at large companies such as CITIC and Shenwan generally have relatively high incomes.

3. Investment Banking Department: Mainly engaged in securities issuance and underwriting business. The main positions include general manager, sponsor, project manager, etc. Sponsors have the highest income, with an industry average of more than 300,000. The income at the end of the year depends on project commissions. At the end of 2006, commissions of hundreds of thousands were relatively normal. Others depend on the boss's face, but it is normal to be a sponsor if you can't be a sponsor. It is normal to be more than hundreds of thousands for the whole year. Being an investment banker is too hard. You are always running around outside and earning a lot of money. Hard earned money.

4. Brokerage business department: There is a sales department, service department, etc. Large securities companies often have dozens or hundreds of sales offices, distributed in various cities across the country. The securities companies mentioned by many friends are actually just sales departments under the economic business department, and the income gap between them and the headquarters is huge. The sales department mainly relies on transaction commissions from customers. The higher the trading volume, the higher the commission. The income of the sales department account manager is generally linked to the regional income level, and a monthly salary of 3,000 yuan is generally higher.