Workflow
监管发布,券业新变化!
中国基金报·2025-08-18 13:35

Core Viewpoint - The article discusses the evolution of the workforce in the securities industry from 2021 to 2024, highlighting a shift from a "people-intensive" strategy to a "high-quality and efficient" talent strategy, with significant progress in building a top-tier financial talent pool [2]. Workforce Growth and Structure - The number of employees in the securities industry reached 335,700 by the end of 2024, a decrease of 7,003 people or 2.04% from 2021 [4]. - The proportion of employees in leading securities firms increased to 17.56%, indicating a concentration of personnel in larger firms [4]. - The number of securities brokers decreased by 27,000, a decline of 48.85%, while investment advisors increased by 12,000, a rise of 17.46% [5]. Age and Experience Distribution - By 2024, over 50% of industry employees were aged 36 and above, an increase of 10.05 percentage points from 2021 [7]. - Employees with 11 to 19 years of experience accounted for 29.58% of the workforce, indicating a trend towards a more experienced workforce [7]. Investment Banking Sector - The number of investment banking personnel grew by 10.6% from 27,300 to 30,200 between 2021 and 2024, but average revenue per employee fell by 54.74% from 2.58 million to 1.17 million [10]. - The saturation of investment banking personnel remains a challenge, requiring time for the industry to stabilize and recover revenue per employee [10]. Research and Sales Personnel - From 2021 to 2024, the number of research and institutional sales personnel expanded by 47.29%, from 5,813 to 8,562 [12]. - The ratio of sales personnel to researchers improved from 1:7.1 to 1:4.4, indicating a more efficient structure [12]. Revenue and Performance Disparities - The average revenue per employee in the industry was 1.34 million, only 38% of that of leading securities firms [15]. - Leading firms had average revenues of 3.50 million and net profits of 977,700, significantly higher than the industry average [15]. Compliance and Regulatory Issues - The total number of industry violations increased significantly, with 1,619 instances recorded from 2021 to 2024, a rise of 101.81% [18]. - Violations related to illegal stock trading, investment banking, and brokerage services were the most common, with illegal trading accounting for 23.52% of violations in 2024 [18].