| Rank | Firm | Assets (in millions) |
|---|---|---|
| 1 | J.P. Morgan Asset Management | $148,600.0 |
| 2 | Morgan Stanley | $114,600.0 |
| 3 | BlackRock Inc. | $53,603.0 |
| 4 | Invesco | $16,762.2 |
| 5 | Pacific Investment Management Co. LLC | $15,253.0 |
| 6 | BNY Mellon Asset Management | $12,132.0 |
| 7 | PNC Financial Services Group Inc. | $11,500.0 |
| 8 | Franklin Templeton Investments | $10,636.0 |
| 9 | Ashmore Investment Management Ltd. | $8,400.0 |
| 10 | Parametric Portfolio Associates | $7,861.2 |
| 11 | Davis Selected Advisers LP | $6,275.0 |
| 12 | Oaktree Capital Management LP | $3,913.0 |
| 13 | BMO Asset Management | $3,848.0 |
| 14 | Tocqueville Asset Management LP | $3,779.4 |
| 15 | Eaton Vance Management | $3,117.0 |
| 16 | State Street Global Advisors | $2,724.0 |
| 17 | Tweedy Browne Co. LLC | $2,597.2 |
| 18 | Hines | $2,574.0 |
| 19 | Payden & Rygel | $2,463.0 |
| 20 | Brown Brothers Harriman & Co. | $2,074.0 |
| 21 | Boston Trust & Investment Management Co. | $1,978.0 |
| 22 | Samson Capital Advisors LLC | $1,404.1 |
| 23 | Kornitzer Capital Management Inc. | $1,343.0 |
| 24 | Parnassus Investments | $1,202.9 |
| 25 | T. Rowe Price Associates Inc. | $1,173.0 |
| 26 | AEW Capital Management LP | $1,076.8 |
| 27 | Kingdon Capital Management LLC | $882.0 |
| 28 | RidgeWorth Capital Management Inc. | $800.0 |
| 29 | Thompson Siegel & Walmsley LLC | $727.8 |
| 30 | Evanston Capital Management LLC | $699.0 |
| 31 | Baillie Gifford Overseas Ltd. | $650.0 |
| 32 | Cavanal Hill Investment Management Inc. | $640.8 |
| 33 | McDonnell Investment Management LLC | $621.0 |
| 34 | Vaughan Nelson Investment Management LP | $602.0 |
| 35 | Westfield Capital Management Co. LP | $578.0 |
| 36 | Sit Investment Associates Inc. | $576.0 |
| 37 | Farr Miller & Washington LLC | $541.8 |
| 38 | Cambiar Investors LLC | $486.6 |
| 39 | Flippin Bruce & Porter Inc. | $466.0 |
| 40 | Mount Lucas Management Corp. | $440.0 |
| 41 | Cramer Rosenthal McGlynn LLC | $438.0 |
| 42 | Aberdeen Asset Management Inc. | $434.0 |
| 43 | Nuveen Investments | $427.5 |
| 44 | Colchester Global Investors Ltd. | $413.0 |
| 45 | TCW Group | $377.0 |
| 46 | New Boston Fund Inc. | $375.7 |
| 47 | Income Research & Management | $373.0 |
| 48 | RCM Capital Management LLC | $368.0 |
| 49 | Colony Capital LLC | $350.0 |
| 50 | The London Co. | $316.2 |
| Total | $453,473.2 | |
| As of Dec. 31. * Those with $100M in investible assets. Data based on responses of 711 asset management firms in the May 2011 directory of the largest money managers. | ||
The financial advice industry has been facing inquiries into its cash sweep programs for years now.
Investor money allegedly went to strip clubs, exotic cars, and landscaping
Procyon adds $415 million in assets under management in New Jersey while Savant picks up a $213 million Southern California planning firm
With a growing number of real estate-rich Baby Boomers aging into retirement, some advisors may be failing to consider all the options available for those clients' assets.
Cornerstone Advisors study reveals compliance bottlenecks stall campaigns weeks after customer opportunities close.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains