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Deprecated: strpos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /www/wwwroot/4-17ll.com/label.php on line 82
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  一直以来,作为券商“基本盘”的经纪业务的表现备受市场关注。从2024年年报整体情况来看,受益于市场交投活跃度大幅提升,券商经纪业务收入向好。同时,券商正不断强化自身专业服务能力,通过丰富金融产品货架、做精做细客户运营体系、优化投顾队伍、提升金融科技水平等方式,持续推进经纪业务向财富管理业务转型。

  6家上市券商

  经纪业务收入超60亿元

  券商的经纪业务主要包括代理买卖证券、代理销售金融产品和席位租赁业务等。中国证券业协会数据显示,2024年,全行业150家券商代理买卖证券业务净收入(含交易单元席位租赁)合计为1151.49亿元,同比增长16.98%。

  截至4月15日《证券日报》记者发稿时,已有25家上市券商发布了2024年年报。整体来看,受益于市场转暖、交投活跃度提升,上市券商经纪业务表现向好。

  据梳理,上述25家上市券商经纪业务手续费净收入合计为814.21亿元,同比增长8.77%。其中,有21家上市券商全年经纪业务手续费净收入实现同比增长,14家上市券商经纪业务净收入同比增长超10%。有6家券商2024年经纪业务手续费净收入超过60亿元,其中行业龙头中信证券经纪业务净收入超过100亿元。

  具体来看,中信证券以107.13亿元的经纪业务手续费净收入居首,同比增长4.79%;其次是国泰海通,经纪业务净收入为78.43亿元;广发证券、华泰证券、中国银河、招商证券等头部券商经纪业务也表现较好,2024年经纪业务净收入分别为66.5亿元、64.47亿元、61.89亿元、61.83亿元。

  增速方面,中小券商表现更优。在上述25家上市券商中,国联民生2024年经纪业务净收入同比增长39.44%,居于首位;随后是华林证券,经纪业务净收入同比增长30.02%;南京证券、方正证券、红塔证券、中原证券的同比增幅均超20%,分别同比增长24.84%、23.3%、21.73%、20.88%。

  此外,代销金融产品能力也已成为衡量券商财富管理转型成效的重要指标之一。在代销金融产品收入方面,资讯数据显示,上述25家券商中,中信证券2024年实现代销金融产品收入14.83亿元,遥遥领先;其次是中金公司,实现代销金融产品收入8.9亿元;中信建投、广发证券的代销金融产品收入分别为6.84亿元、6.52亿元;国泰海通、光大证券代销金融产品收入分别为5.97亿元、5.32亿元。增速方面,国联民生、华林证券、首创证券代销金融产品收入分别同比增长72.51%、30.09%、22.36%,位居前三名。

  加速推进

  买方投顾体系建设

  面对日益增长的居民财富管理需求,券商坚持社会财富“管理者”职能定位,践行金融为民理念,借助金融科技加强服务模式创新,并持续优化制度、完善基础设施、加快业务转型,不断丰富金融产品谱系,满足居民多元化配置需求。

  近年来,券商围绕投资者投资理财、风险分散等需求,持续完善多资产、多期限、多策略的产品体系,并不断夯实投顾专业能力建设,做实客户分层服务和长尾客户普惠化覆盖。截至2024年末,券商合计为84.1万亿元客户资产提供交易、托管等服务;代理销售金融产品保有规模3.5万亿元,同比增长19.9%;境内市场挂牌上市的ETF(交易型开放式指数基金)数量及规模分别为1033只、3.7万亿元,分别较上年末增长16.2%、82.9%。截至4月15日,证券行业投资顾问数量为8.08万人,较上年同期增长了4.51%。

  在政策引导下,券商财富管理业务的转型方向和战略规划逐步清晰,买方投顾体系的建设成为核心要素。如今,券商正围绕客户运营、产品创新、科技赋能等方面制定差异化战略。例如,中信证券财富管理业务聚焦精细化客户经营,践行全员投顾人才发展战略,为客户提供涵盖“人、家、企、社”全生命周期综合金融解决方案。截至2024年末,客户数量累计超1580万户,较上年末增长12%。申万宏源围绕强化“渠道力、服务力、产品力、数字力、精细化管理能力”建设加大经纪业务布局投入,完善矩阵式客户服务,2024年新增客户76.36万户。

  国联民生则围绕零售、机构、企业三类客群,搭建买方视角的服务体系,建立了以资产配置为核心、账户管理为基础的零售业务体系,以综合化经营为核心的机构客户服务体系和以企业家办公室为核心的企业客户服务体系,同时加强线上业务布局。2024年,公司新增客户21.86万户。未来,公司将进一步推动财富管理转型,建立不同客户类别的服务体系和业务模式。

  展望未来财富管理业务的发展,申万宏源表示,将打造“未来视野+专业智慧”的资产配置能力,构建覆盖代销公募基金、ETF生态圈、私募定制化等多类产品的特色产品矩阵,通过构建“智能终端+立体服务+专业投顾+生态体系”的全方位服务体系,打造财富管理特色品牌。华泰证券表示,将依托金融专业能力和金融科技优势,持续建设金融科技中台,有效识别客户需求并匹配投资服务策略,提升客户专业化交易及理财服务体验。

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