--- title: "What will happen to the offline branches of securities firms after closing over a hundred this year?" description: "More than 20 securities firms have closed their business departments and branches this year, with over 100 outlets being shut down. Securities firms are consolidating business departments and eliminat" type: "news" locale: "en" url: "https://longbridge.com/en/news/260846225.md" published_at: "2025-10-13T07:24:18.000Z" --- # What will happen to the offline branches of securities firms after closing over a hundred this year? > More than 20 securities firms have closed their business departments and branches this year, with over 100 outlets being shut down. Securities firms are consolidating business departments and eliminating inefficient outlets to concentrate resources in core areas and high-potential businesses, promoting the industry's transformation towards refined operations. Industry insiders believe that the integration of offline outlets aims to enhance operational efficiency and control costs. Due to the rise of internet finance and the decline in trading commissions, the cost-effectiveness of traditional business departments has decreased, making the "downsizing" of securities firms inevitable According to incomplete statistics, more than 20 securities firms have announced the closure of their business departments and branches nationwide, with a total of over 100 outlets being shut down. By consolidating business departments and eliminating inefficient outlets, securities firms are concentrating resources on core areas and high-potential businesses, pushing the industry from "extensive expansion" to a new stage of "refined operations." Industry insiders generally believe that the continuous integration of offline outlets by securities firms is mainly driven by the need to improve operational efficiency and control costs. With the rise of internet finance, continuous decline in trading commissions, and the industry entering a stage of stock competition, the "cost-effectiveness" of traditional business departments has significantly decreased: on one hand, they struggle to meet customers' demands for convenient and diversified services; on the other hand, high rents and labor costs have intensified profit pressures, making the "slimming down" of securities firms inevitable ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | US trading partners cheer Supreme Court tariff ruling — but businesses must still navigate 'murky waters' | The U.S. Supreme Court voted 6-3 to strike down large parts of President Trump's tariff policies Friday. | [Link](https://longbridge.com/en/news/276468032.md) | | Steak 'n Shake credits Bitcoin strategy as driver of sales growth | Steak 'n Shake's Bitcoin experiment has evolved into a sales driver and a balance sheet strategy. | [Link](https://longbridge.com/en/news/276114408.md) | | Raymond James Sticks to Its Buy Rating for Polaris Infrastructure (PIF) | Raymond James analyst maintained a Buy rating on Polaris Infrastructure today and set a price target of C$18.25.Presiden | [Link](https://longbridge.com/en/news/276490656.md) | | HighTower Advisors LLC Buys 88,381 Shares of Carnival Corporation $CCL | HighTower Advisors LLC increased its stake in Carnival Corporation (NYSE: CCL) by 22.3% in Q3, acquiring 88,381 shares, | [Link](https://longbridge.com/en/news/276510899.md) | | Top 12 Telegram games to play in February 2026 | Telegram has evolved into a significant platform for gaming, boasting 1 billion active users. The top 12 games for Febru | [Link](https://longbridge.com/en/news/276333861.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.