Since the implementation of the new regulations for asset management for more than one year，the wealth management market has constantly improved the regulatory rules for the subdivided industries. On November 22，2019，in order to regulate the business development of insurance asset management products，China Banking and Insurance Regulatory Commission issued the Interim Measures for the management of insurance asset management products （Draft for comments），so far，the main bodies of the asset management industry have been in line with the new regulations for asset management. At the same time，the wealth management market also presents the characteristics of market structure adjustment，business transformation and technology upgrading. In the comments of this report，we start from the framework of the new regulations on asset management and various detailed rules，focus on the changes of products and services of financial institutions in the wealth management market，and take into account the combination of financial technology and wealth management to analyze the changes of the wealth management market in 2019. Looking forward to the future，the domestic wealth management market will gradually transform its products and services under the guidance of supervision. The next step is to upgrade its services，integrate resources with financial technology，improve the efficiency of products and services，and create differentiated services.