Headquarters location: China Client assets: $336 billion Percentage change from prior year: 15% 2019 rank: N/A 2020 rank: 25 Note: All listed client assets are advisory assets under management. Ranking the world's top assets by market cap, including precious metals, public companies, cryptocurrencies, ETFs. Stocks, ETFs: $0. Banks Ranked by Total Assets. The above ranking is not indicative of future performance. Investor experience/returns were not considered as part of this ranking. This top-rated investment firm had $2.096 trillion in assets under management . HSBC has not yet reported its final quarter of 2021, yet stated in its 3Q report that it had then seen the assets under custody grow by 23 percent year-on-year in the Securities Services line of its Global Banking and Markets business. N/A = Not available. Commodity Exchanges Custodians by Assets Under Custody (AUC) Asset Management Institutions by Countries (APAC) and Assets Under Management (AUM) Custodians by Assets Under Custody (AUC) Rank Custodian . The CNBC FA 100 ranking, which takes into consideration a variety of factors beyond assets under management, recognizes those advisory firms that help clients navigate through their financial life. = Information not available or not disclosed. Assets under . ARLINGTON, Va., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Assets under management (AuM) at the world's 500 largest asset managers exceeded $100 . 2The Blackstone Group148 ,214. J.P. Morgan rank #3 in 2015 and co-#1 in 2020. . Starting in July 2020, . 3Hines127,638. In 2020, the value of . Royal Bank of Canada View Total Assets Bank North America 13. As at December 31, 2020, the Institutional Clients Group managed about $24 trillion in assets under custody, and Global Consumer Banking (GCB) had $205 billion in investment assets under management (AUM). 6 biggest bank after posting a 6.14% increase in assets at the end of 2019, hitting . 1. Assets under management totals are taken from the firm's Form ADV. For respondents with assets under management greater than $3 billion, J.P. Morgan was considered the frontrun-ner in EMEA (8.19) and it gained the highest average score (7.98) in the weighted table. See the gallery for the top 20 wealth managers, according to ADV Ratings, ranked by assets under management. 25. CompanyTotal Real Estate AUM 30/06/20 (m) 1Brookfield Asset Management231,772. A minimum of 6 re- . In response to audience feedback, Global Custodian is pleased to bring you a quarterly assets under custody and administration (AUC/A) league table. Equity assets under management = $1,72 trillion. Purchase the complete set of our independent broker-dealer data and profiles in an Excel spreadsheet. Led by billionaire Abigail Johnson, Fidelity Investments has $2.56 trillion in assets under management, making it one of the world's largest asset management companies. Note that the Market cap of precious metals are estimates, asset prices an market caps are delayed by 10 minutes or more. Assets under management include professionally managed assets, which means that managers charge fees for their financial services. The decline is mainly due to . The global asset management industry ended 2019 on a high noteonly to face a new chapter of economic turmoil when the coronavirus pandemic broke out in early 2020. Bank. Select one or more custodians you want to contact by activating the selection box in the column "Contact". Growth in the historic period resulted from increase in income and personal savings, economic growth, market liberalization, and digitization. PwC Asset Management 2020: A Brave New World 9 The rising importance of South America, Asia, Africa, Middle East (SAAAME) Assets under management in the SAAAME economies are set to grow faster than in the developed world in the years leading up to 2020, creating new pools of assets that can potentially be tapped by the AM industry. State Street's global custody services team works to shape a solution around your specific challenges and requirements. TD Bank View Total Assets Bank North America 14. Out of the Top 20, over half of them (11) are independent asset managers, followed by banks (7) and insurer-owned managers (2). As the number of high net-worth individuals (HNWIs), very-high-net-worth individuals (VHNWIs), ultra-high-net-worth individuals (UHNWIs), and affluent investors have continued to grow, the private wealth management industry had a strong year in 2019-20. Our solutions combine the services that best meet your needs . Bank of America ( BAC -1.39%) $1,036. According to the SEC data, the use of multiple custodians for at least 10% of assets each increases with firm size. Complete Top 150 ranking. (c) The ratios presented are calculated under the Basel III Fully Phased-In Approach. For the year ended Dec. 31, 2020, U.S. Bancorp Asset Management is part of U.S. Bank's Wealth Management and Investment Services division, which has more than US$ 8.6 trillion in assets under custody and administration and US$ 244 billion in assets under management, globally. 2019 was the second year in a row . JP Morgan has the largest Europe, Middle East and Africa (Emea) figure for assets under custody (AuC) and State Street has the highest number of staff, for example. Refer to Capital Risk Management on pages 91-101 for additional information on these measures. Rankings only include firms that participated in the InvestmentNews Independent Broker-dealer Survey on Recruitment & Staffing. N/D = Not disclosed. Top Executive: Catherine Ayers-Rigsby, CEO Top . September 25, 2003. "Many of the world's top banks enter the 1990s with profitability still falling and generally lower margins and capital ratios. In July, West Financial Services was included in Financial Advisor magazine's "2020 RIA Ranking by Total Assets."* . In 2019, total assets under management (AuM) grew by 15%, to $89 trillion. Lloyds Banking Group View Total Assets Bank Europe 15. 6- Fidelity Investments, $2.56 trillion. Based on a survey of 3,800 executives, directors and analysts, the . These rankings are based on the number of funds (assets under management or AUM) . Some companies may have much higher reported assets under custody, which would include money still managed by clients themselves. * Assets under management as of December 31, 2020 includes approximately $75 billion of assets with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as . The degree of concentration in the global asset management industry is . UniCredit continues its winning streak in Central and Eastern Europe, taking Global Finance's regional award for the 12th consecutive time. Here are some more points from the study. The 25 top global wealth management firms companies $22.2 trillion in client assets at the end of 2018. The ranking uses balance sheets as of Sept. 30, 2021, unless otherwise noted. 4,5 Latest annual reports (global) for the custody service providers The world's top four custody players hold about US$ 118+ trillion in assets under custody.4 Among them, the top two are specialised custodian banks with more than US$ 70 trillion of combined assets under custody.5 At an aggregate level (in Fidelity Investments has close to $10.4 trillion in total assets under management (AUM). 2020: $410,932,000: Bank of . In the past five years under the leadership of Li, the scale of bank custody assets has increased from RMB5.82 trillion ($889.2 billion) at the end of 2014 to RMB17.6 trillion ($2.7 trillion) at the end of June 2020, with an average annual growth rate of 55%. J.P. Morgan Asset Management's clients include . The company's shares are traded on the New York . Charles Schwab Assets Under Management (AUM) Charles Schwab is one of the largest broker-dealers in the United States. 98 Ritholtz Wealth Management. The global custody services market reached a value of nearly $30.7 billion in 2019, having increased at a compound annual growth rate (CAGR) of 5.8% since 2015. Here's a look at the top asset management companies. This represents an increase of 14.8% on the previous year, when total AuM was $91.5 trillion, and an almost three-fold . Custody, Asset & Securities Services in the US industry outlook (2022-2027) poll Average industry growth 2022-2027: . Retail clients were the fastest-growing segment, with assets rising by 19%, while institutional client assets grew by 13%. Daiwa (Japan) 2020 FY assets under management: $23.5 billion % change since 2019: 24% 2020 FY client assets: $684.3 billion % change since 2019: 20% Daiwa Headquarters in Tokyo, Japan. ACSA's members manage trillions of dollars in assets under custody (AUC) on behalf of their clients. Client firms could include banks, exchanges, other primary custodians, and other financial institutions. It is worth noting that J.P. Morgan clocked up the high-est scores in 11 of the weighted overall service categories, Table 1: Total Assets Under Custody for Australian Investors . Fixed Income: 9.8% in 2015 and 13.1% in 2020. While 30% of RIAs with between $100 million and $250 million in assets under . It additionally has $35.2 trillion in assets under custody/administration. In Addition, Clearstream reported that its assets under custody as of July 2021 were EUR 16,380 billion. JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. Funds Europe presents a table of rankings for some of the largest custodian banks active in Europe and the world.. Digital asset sub-custodians are third-party digital asset custody specialists that help client firms provide digital asset services to their customers through API-based integrations or by white labeling their underlying platform. The company has over 1,200 financial advisors, operates more than 330 brick-and-mortar locations in 46 states, and serves over 7,000 registered investment advisors. The Japanese asset bubble was, however, destined to end in an almighty bust in late 1991 and early 1992, from which the economy is still struggling to recover even in 2020. Our parent company, BNY Mellon is one of the world's largest global custodians. This ratio is also known as "inventory turnover" and is often calculated using . The company also manages its own FDIC-insured bank with over a . The global custody services market is expected to decline from $66.1 billion in 2019 and to $64.27 billion in 2020 at a compound annual growth rate (CAGR) of -2.8%. J.P. Morgan Asset Management, with assets under management of USD 2.3 trillion (as of 31 December 2020), is a global leader in investment management. Here are the top custodians of 2012, based on RIA Assets in Custody. Total assets under management were around EUR 81 trillion in 2019, considerably up on their level in 2017 and 2018. Investment grade bond assets = $517 billion. Custody July 19, 2019 2:48 PM GMT. 62, with $478.40 billion in assets, after adjusting for its pending sale of mBank SA. High income assets = $77 billion. Intesa Sanpaolo View Total Assets Bank Europe 21. Wells Fargo ( WFC -1.12%) $496. Pershing's core financial strength provides the first measure of protection for our global client assets. 1. Conversely, Germany-based Commerzbank AG slipped six spots to No. AuA has grown organically, with zero acquisitions; Private Capital, the largest growth area in recent years; Continued expansion into APAC; NEW YORK, January 29 2019 - The Citco Group of Companies ("Citco"), a leading provider of asset servicing solutions to the global alternative investment industry, today announced that global assets under administration ("AuA") have hit the US $1 .