After all, the pledge of bank wealth management products is a new type of loan guarantee. Although it has played a greater role in the value of wealth management products, there are also many risks. First, the relevant legal basis is vague, and there is a legal risk that the pledge of wealth management products is deemed invalid. Second, there is a lack of legal and effective publicity methods, and the effectiveness of pledge of wealth management products is greatly reduced. Third, the right of priority compensation is uncertain, and it is difficult to resist the freezing and deduction of funds by bona fide third parties or judicial organs. Fourth, the value of wealth management products fluctuates, which easily leads to poor quality.