What Are Financial Consulting Firms?

Financial service companies refer to companies that carry out business activities to provide customers with financial services. This type of company uses currency trading methods to integrate valuable items and provide common benefits to financial activity participants and customers.

Financial services company

Financial service companies refer to companies that carry out business activities to provide customers with financial services. This type of company uses currency trading methods to integrate valuable items and provide common benefits to financial activity participants and customers.

According to the annex of the World Trade Organization, financial service providers include the following types of institutions: insurance and related services, but also all banking and other financial services (except insurance).

company name

Financial services company

Business Scope

Financing investment, savings, credit, settlement, securities trading, commercial insurance

Company Type

Mostly private

Reporting organization

Local business bureau

Financial services

Broadly defined financial services refer to the entire financial industry's multiple functions to promote economic and social development. Specifically, financial services refer to the provision of financial services, financing, savings, credit, settlement, securities trading, commercial insurance, and financial information consulting services to customers by conducting business activities. Strengthening the awareness of financial services and improving the level of financial services are of great significance for accelerating the construction of China's modern financial system, improving the management of financial institutions, enhancing the competitiveness of the financial industry, and better promoting economic and social development.

1. Direct insurance (including common insurance, life insurance, non-life insurance).

2. Reinsurance and reinsurance.

3. Insurance intermediaries, such as brokers and agents.

4. Insurance supplementary services, such as consulting. Actuarial, risk assessment and claims services; banking and other financial services (except insurance).

5. Accept public deposits and other repayable funds.

6. All types of loans, including consumer credit, mortgage credit, agency and financing of commercial transactions.

7. Financial lease.

8. All payment and money transfer services, including credit cards, debit cards, debit cards, traveller's checks and bank drafts.

9. Guarantees and commitments.

10. Self-dealing or valet trading in trading markets, open markets or OTC markets, including money market instruments (including checks, money orders, certificates of deposit), foreign exchange, derivatives (including but not limited to futures and options), exchange rates and interest rates Instruments (including products such as currency exchange and forward interest rate agreements), transferable securities, other transferable notes and financial assets, including gold and silver bars.

11. Participate in the issuance of various securities, including underwriting and fundraising agents (whether public or private), and provide services related to the issue.

12. Monetary economy.

13. Asset management, such as cash or securities management, various forms of collective investment management, pension fund management, custody, deposits and trust services.

14. Settlement and clearing services for financial assets, including securities, derivatives and other negotiable instruments.

15. Provide and transmit financial information, financial data processing and related software provided by other financial service providers.