The data illustrates the biggest wealth management companies in the U.S. as of September 2017, by value of client assets. JP Morgan managed 677 billion USD of client assets under management and was third biggest wealth management company in the U.S.
Private wealth management is a service offered by banks and various financial companies to high net worth clients. Generally the services offered are management of client assets, advice on usage of traditional and alternative financial instruments, often not available to average clients.
Bank of America Global Wealth and Investment Management | 1245 |
Morgan Stanley Wealth Management | 1110 |
JP Morgan Private Bank | 677 |
UBS Wealth Managament | 579.2 |
Well Fargo | 564 |
Vanuguard | 335 |
Charles Schwab | 315 |
Goldman Sachs | 283 |
Fidelity | 260.7 |
BNY Mellon Wealth Management | 240 |
Northern Trust | 224.5 |
Raymond James Financial | 163.3 |
Citigroup | 127 |
RBC Wealth Management | 99.7 |
PNC | 87 |