| 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. | ||
While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.
New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.
With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.
"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
