1St Prestige Wealth Description
1st Prestige Wealth Management, Inc. (OTC Pink: FPWM) is being established as a U.S. headquartered, China focused technology, systems and other services provider to businesses in the financial services industry. The company and its branded image are driven by technology, social media, innovation and industry expertise to disrupt the over $1 trillion and fast growing wealth management, financial planning and insurance industries in China. 1st Prestige has a network building initiative to work with enterprises that already attend to China 300 million person market of middle income and upper middle income consumers. This population is growing rapidly and projected to total over 600 million by 2025 and 1.5 billion by 2050. 1st Prestige invests in, acquires (when permissible) and signs up independent Life and Health insurance agents and other wealth management and financial planning industry agents to become Brand Affiliates of the 1st Prestige Wealth Management Network.1st Prestige delivers valuable services to its affiliates and to the consumer public. For its affiliates 1st Prestige is far along in its development of leading technology and innovation addressing online insurance marketing and sales incorporating a social media campaign. A Mobile App supporting individual wealth management is under development with benefits for both Brand Affiliate and consumer use. Brand Affiliates through membership in the 1st Prestige network are provided use of a technologically advanced operating system for their business. A comprehensive online and Mobile App training system is in development.The global market for Wealth Management (WM) and related Financial Planning services is huge and growing fast. Estimated as currently worth $380 billion in terms of profit opportunities to service providers, $125 billion of which is accounted for by the United States. China produces $20 billion in service revenue annually in this category.Double Bottom Line. 1st Prestige is committed to its shareholders for profit and to the communities in which it operates for a better community. The business promotes inspiring and educating individuals and couples to do well with their savings and investments, to increase their financial resources and to use those resources to help their family and community. The company is supportive of community improvement through investment in social entrepreneurship initiatives and the awarding of wealth management career scholarships and internships.
Financial Planning Services
Social Media Campaign