Wealth Management Fundraising War Escalates: "Two Trillion Club" Expands, Distribution Channels Become Key to Success

Recently, wealth management companies have been successively releasing their H2 2025 wealth management business reports. Combined with the 2025 annual reports disclosed by listed banks, reporters have found that many wealth management companies achieved significant growth in assets under management last year, expanding the "two trillion club" to five companies: China Merchants Bank Wealth Management, Industrial Bank Wealth Management, China CITIC Bank Wealth Management, Agricultural Bank of China Wealth Management, and Industrial and Commercial Bank of China Wealth Management. Reviewing the reasons for the growth in scale, the expansion of distribution channels and the optimization of product offerings were mentioned by multiple wealth management companies.