2025年证券从业者跌破33万大关！互联网券商逆势扩招 保代8年来首现年度减员

Core Insights - The total number of employees in the securities industry is projected to decline to 328,899 by the end of 2025, a decrease of nearly 7,800 from the end of 2024, marking a significant shift in the talent landscape within the industry [1][2] Group 1: Industry Employment Trends - The overall reduction in industry personnel contrasts with the growth of internet-based brokerages, which are actively hiring talent despite the overall decline [3][4] - Major brokerages such as Guotai Junan, CITIC Securities, and others continue to dominate the workforce, with five firms employing over 10,000 people, accounting for nearly 20% of the total industry workforce [3] - Conversely, traditional brokerages are experiencing significant layoffs, with firms like Guotai Junan and Minsheng Securities reducing their workforce by over 500 employees [3] Group 2: Investment Banking Dynamics - The number of sponsor representatives, a highly regarded group in investment banking, has decreased for the first time in eight years, falling to 8,519 by the end of 2025, down 293 from 2024 [5][6] - This decline is attributed to a slowdown in equity financing and a stricter regulatory environment, leading to fewer projects and increased pressure on professionals in this field [5][6] Group 3: Wealth Management Evolution - The number of securities brokers has significantly decreased to a historical low of 22,871 by the end of 2025, down 5,540 from the previous year, indicating a shift away from traditional brokerage roles [7] - In contrast, the number of investment advisors has reached a record high of 86,126, reflecting a strategic shift towards high-quality client service and professional wealth management [7][8] Group 4: Research Analyst Growth - The number of securities analysts has surpassed 6,056, marking a growth of 338 from 2024, indicating a rising demand for research capabilities within the industry [9][10] - Notable movements among prominent analysts have been observed, with several high-profile analysts changing firms, highlighting the competitive nature of the research sector [9]