Top money managers of family office assets

Ranked by 2010 assets under management
SEP 20, 2011
  
Rank Firm Assets (in millions)
1 Morgan Stanley $68,686.4
2 J.P. Morgan Asset Management $46,900.0
3 Northern Trust Global Investments $31,500.0
4 Schroders $25,390.0
5 PNC Financial Services Group Inc. $19,552.0
6 Pacific Investment Management Co. LLC $15,253.0
7 Brown Brothers Harriman & Co. $11,563.0
8 Parametric Portfolio Associates $10,167.9
9 BlackRock Inc. $7,300.0
10 Federated Investors Inc. $4,419.0
11 Pictet Asset Management Ltd. $4,363.0
12 State Street Global Advisors $3,987.0
13 BNY Mellon Asset Management $3,582.0
14 Income Research & Management $3,150.0
15 Hines $2,574.0
16 Gresham Investment Management LLC $2,337.0
17 T. Rowe Price Associates Inc. $2,316.0
18 Davis Selected Advisers LP $2,000.0
19 Paulson & Co. Inc. $1,998.7
20 Oaktree Capital Management LP $1,831.0
21 Martin Currie Ltd. $1,719.0
22 Baring Asset Management $1,628.0
23 Lighthouse Partners $1,570.0
24 Sit Investment Associates Inc. $1,108.0
25 Samson Capital Advisors LLC $971.9
26 McDonnell Investment Management LLC $777.0
27 Beacon Capital Partners LLC $745.0
28 Mesirow Financial $739.7
29 JER Partners $696.0
29 Axa Investment Managers $696.0
31 Boston Advisors LLC $663.0
32 Grantham Mayo Van Otterloo & Co. LLC $639.0
33 Shorenstein Properties LLC $629.0
34 Landmark Partners LLC $620.7
35 Vaughan Nelson Investment Management LP $602.0
36 Babson Capital Management LLC $577.0
37 First Reserve Corp. $560.0
38 Oak Hill Advisors LP $530.0
39 Cantillon Capital Management $481.0
40 Loomis Sayles & Co. LP $440.9
41 Anchor Capital Advisors LLC $433.0
42 L&B Realty Advisors LLP $423.0
43 Sage Advisory Services Ltd. Co. $399.0
44 Aberdeen Asset Management Inc. $397.0
45 Mastholm Asset Management LLC $375.8
46 TCW Group $365.0
47 Kingdon Capital Management LLC $362.0
48 Colony Capital LLC $350.0
48 Crestline Investors Inc. $350.0
50 Prime Advisors Inc. $320.0
  Total $289,037.9
As of Dec. 31. Data based on responses of 711 asset management firms in the May 2011 directory of the largest money managers.
Source: Pensions & Investments Research Center

Latest News

Chicago’s 'Mr. Finance' posed as advisor in loan scheme, according to Illinois regulators
Chicago’s 'Mr. Finance' posed as advisor in loan scheme, according to Illinois regulators

The Illinois order refers to Brandon Ellington’s investment program as a “Ponzi-like scheme.”

Bezos calls for zero income tax on bottom half of earners
Bezos calls for zero income tax on bottom half of earners

But the Amazon executive chair seems to want it both ways, arguing that taxing the ultra-wealthy won't help struggling Americans.

Trust is built before volatility arrives
Trust is built before volatility arrives

Markets will always create reasons for investors to worry. The advisor’s role is not to predict uncertainty, but to help clients understand why volatility should not derail a well-built financial plan.

Fintech bytes: Orion and Flourish bring client cash into advisor workflows
Fintech bytes: Orion and Flourish bring client cash into advisor workflows

Plus, Asset-Map partners with Contio to elevate the advisor meeting experience, and MyVest claims an innovation in portfolio management with separately managed models.

Advisor moves: LPL lands $1B group from Ameriprise
Advisor moves: LPL lands $1B group from Ameriprise

Meanwhile, Cetera has drawn advisors managing around $390 million from LPL and Commonwealth, while Raymond James' financial institutions division announces its own LPL hire in Indiana.

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management

SPONSORED Durability over scale: What actually defines a great advisory firm

Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline