Under the guidance of IFAA, Beijing ITC Independent Financial Advisor Incubator - the first independent financial advisor (IFA) incubator of China, which was jointly founded by Independent Financial Advisor Net (9icfp.com) and Dongfang Huichuang, was formally established on Feb. 29 in Wanke Metropolis, which is located at Beijing ITC commercial circle. Covering 2400 square meters, the incubator has multiple functional areas including office, reception, conference, and business roadshows etc.

At present, China has four million professional financial advisors, but the most of them are attahced in financial institutions. While in the United States, independent financial advisor is the mainstream in the market, accounting for above 63% of the whole financial market market shares. They start their business from the traditional financial institutions and have stable customer resources and matured professional skills.

Zhao Yanfeng, Secretary General of China Financial Association Internet Financial Professional Committee, and Ma Mingyuan, Deputy Secretary of Executive Committee of Chinese Internet Association Global Chinese Innovation and Entrepreneurship Competition, were invited as guest in uncovering ceremony. President Zhao said, currently, the development of the Internet has strong influence to business forms of financial industry. As an innovation, IFA incubator , has a very big role in promoting the development of the industry. Secretary General Ma expressed that the IFA incubator, which is a response to Chinese prime minister's call, provides powerful support to entrepreneurship development of independent financial advisors.

financial market and expansion of demand of high net worth clients, China's independent financial advisor industry will usher a period of great development. The independent financial advisor (IFA) incubator specially cultivates true independent financial advisor and small independent financial company which is just starting out. It opens up whole industrial chain of independent financing through dynamic demonstration, service aggregation, platform construction, continuous training, and repeated training to shape demonstrative function areas including business cultivation, industrial agglomeration, talent training etc..

The incubator will provide the best developing platform for independent financial practitioners, absorb high-end talents in the industry and hence enhance the overall industrial standards. At present, more than 10 excellent financial advisors in the industry and three small independent financial companies have reached the intention of settlement.