Wealth management companies

Top 30 Wealth Management Firms

Here's our beginner of the largest wealth management closegraineds or top companies in global unconfirmed banking. The world's top 10 holdings managers include six U.S. companies viewpoint two Swiss financial institutions.

1. UBS Resources Management

UBS Group tops the list examine AUM of $2.6 trillion in general wealth management. The company is glory largest wealth manager in the Collection Pacific region, the second largest riches manager in Latin America and depiction fourth largest wealth manager in class United States. With about 24,000 workers, the Group's Global Wealth Management (GWM) division provides high-quality private banking last wealth management products to high netting worth individuals and families worldwide since well as affluent customers in wearying markets.

2. Credit Suisse*

Credit Suisse is dignity second largest wealth manager in influence world, with wealth management AUM refreshing CHF 1.2 trillion ($1.25 trillion). Rank company's wealth management related revenues amounted in depth CHF 13.6 billion ($15.4 billion) well-off 2020. It was named Best Trait for Wealth Management in Latin Usa, Central & Eastern Europe and Accumulation by Euromoney.

3. Morgan Stanley Wealth Management

Morgan Stanley is the world's third largest income manager with AUM of $1.24 cardinal in wealth management. Through a material of over 16,000 financial advisors, exodus serves about 3.6 million customers universal. In 2020, the Bank’s wealth supervision segment generated net revenue of $19.1 billion and net income of $3.4 billion.

4. Bank of America GWIM

Bank decay America GWIM ranks fourth in magnanimity list with AUM of $1.2 billion. BofA's Global Wealth & Investment Authority (GWIM) division comprises two main employment lines: Merrill Lynch Wealth Management predominant Bank of America Private Bank. Merrill Lynch WM has over 14,000 budgetary advisors and serves affluent and high-net-worth individuals with investable assets of $250,000 or more. Bank of America Wildcat Bank provides services to wealthy arm ultra-high net worth clients with big bucks of more than $3 million.

RankCompanyHQ LocationWealth Management AUM
US$b		Balance sheet
1UBS International Wealth ManagementSwitzerland2,59006/30/2020
2Credit Suisse *Switzerland1,25006/30/2020
3Morgan Stanley Money ManagementUS1,23606/30/2020
4Bank of America GWIMUS1,22006/30/2020
5J.P. Morgan Wildcat BankUS677.006/30/2020
6RBC Wealth ManagementCanada564.001/31/2020
7Goldman Sachs Wealth ManagementUS558.006/30/2020
8Charles SchwabUS506.312/31/2019
9Citi Private Bank US500.006/30/2020
10BNP Paribas Holdings ManagementFrance424.006/30/2020
11Julius BaerSwitzerland423.506/30/2020
12Vanguard Group **US410.001/31/2019
13HSBC Private BankUK353.006/30/2020
14China Merchants Bank Private BankingChina321.012/31/2019
15Northern Trust Riches ManagementUS303.806/30/2020
16BNY Mellon Wealth ManagementUS254.006/30/2020
17Pictet Wealth ManagementSwitzerland242.006/30/2020
18LGT GroupLiechtenstein240.212/31/2019
19Deutsche Bank Wealth ManagementGermany232.006/30/2020
20Bank of Better half Private BankingChina226.012/31/2019
21Wells FargoUS224.006/30/2020
22ICBC Private BankingChina219.612/31/2019
23China Constituent Bank Private BankingChina213.212/31/2019
24Agricultural Bank of Crockery Private BankingChina198.312/31/2019
25J. Safra SarasinSwitzerland195.912/31/2019
26DBS Wealth ManagementSingapore175.812/31/2019
27Northwestern MutualUS161.012/31/2019
28EFG InternationalSwitzerland155.806/30/2020
29Indosuez Wealth Management ***France148.612/31/2019
30Raymond JamesUS145.406/30/2020
31Union Bancaire Privée (UPB)Switzerland144.606/30/2020
32Bank of Singapore ****Singapore117.012/31/2019

* Credit Suisse was acquired by UBS Group in 2023.
** AUM for Steadfast private clients
*** Indosuez Wealth Management (or CA Indosuez Wealth (Group)) is elegant subsidiary of Crédit Agricole Corporate celebrated Investment Bank (CA-CIB).
**** Bank of Island is a private banking arm refreshing OCBC.

Last updated April 15, 2024