Admittedly, the American Private Wealth Management Association Beijing Representative Office is an international wealth management organization registered in Beijing according to law. The PWM Private Wealth Manager has the group standard of Private Wealth Management Professional Skill Level (T/CASMES 66—2022) and the examination textbook of Private Wealth Management Theory and Practice, and also has all relevant exclusive intellectual property rights in China. These qualifications have been approved by relevant state departments. To sum up, the business of American Private Wealth Management Association in China is compliant.