recently reported online that the average age of securities practitioners is 36 years old, which is more than the recognized anxiety age of 35 years old. I think the working age in this industry also reflects some problems.
1. Early brokerage practitioners were stationed in banks and other financial institutions to develop shareholders. When residents use their savings to trade stocks, everyone began to join the industry. Because , the Shanghai Composite Index has been rising, many stocks have also been rising. In the 1990s, there were still some loopholes in my country's securities regulations, which allowed many investors to take advantage of loopholes and earn income that could not be achieved through stock speculation business. At that time, the employees of securities companies kept shouting, and in that era, the commission for stock trading was relatively high, so this gives everyone an impression that securities industry is a violent industry. Securities companies are recruiting talented students from financial institutions and have a rich income. Many young securities company account managers have a very generous income as long as they have a certain amount of customer accumulation.
2. In the past 10 years, the securities industry has long passed the previous period of explosion and has begun to return to rational development. After the Shanghai Composite Index in 2008, it also began to return to the rational development track. Before graduation, students from financial institutions have passed the securities qualification exam, and the number of practitioners who can enter this industry has greatly increased. Securities companies have begun to build business departments and branches across the country, and the basic brokerage business can no longer make the practitioners have a lot of income. Many securities companies have begun to issue indicators, and securities firms have begun to be asked to carry out margin financing and securities lending, options and fund products. During this period, the grassroots business personnel of securities companies can be said to be a big wave of storm, and I don’t know how many batches of marketing personnel have been replaced in a year. The income of employees of securities companies is also constantly decreasing, and the proportion of commission income is also constantly shrinking. At this time, many securities companies' marketing business is supported by veteran salesmen.
3. It is not easy for young people who have just entered the securities industry to ensure that they are not eliminated in the first few years, so now the age of employees of securities companies has generally increased a lot. Everyone reads the information of major recruitment websites. Although securities companies require that the marketing personnel should not be over 35 years old, except for those with special resources. This shows that the securities industry is no longer the era of making quick money.
4. The institutional business of securities companies is mainly reflected in IPOs and bond undertakings underwriting . Previously, as long as the quasi-listed companies had securities companies as sponsors, listing was expected. The bond business that securities companies are responsible for is the seller market . However, in recent years, we all know that with the continuous improvement of national laws, the institutional business income of securities companies is no longer something that can be solved with a project source. When reviewing projects, the CSRC generally has to go through a relatively long period of time. The purpose of this is to prevent some companies with excessive debt from over-financing. This also requires securities companies to have stronger practical experience, while solid theoretical foundation, to allow my country's securities industry to develop healthily. The age of practitioners engaged in investment banking business has also improved a lot.