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Directory

Top Investment Firms

Explore top-ranked registered investment advisory firms by size, reach, and assets under management.

Most Investors

Firms with the largest number of registered investment advisors

# Firm City State Investors
1 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK NY 26656
2 EDWARD JONES ST. LOUIS MO 24637
3 LPL FINANCIAL LLC FORT MILL SC 24436
4 MORGAN STANLEY PURCHASE NY 24021
5 STRATEGIC ADVISERS LLC BOSTON MA 17707
6 WELLS FARGO ADVISORS ST. LOUIS MO 15274
7 J.P. MORGAN SECURITIES LLC NEW YORK NY 14838
8 AMERIPRISE FINANCIAL SERVICES, LLC MINNEAPOLIS MN 13605
9 CETERA INVESTMENT ADVISERS LLC SCHAUMBURG IL 10825
10 UBS FINANCIAL SERVICES INC. WEEHAWKEN NJ 9839
11 OSAIC WEALTH, INC. SCOTTSDALE AZ 8342
12 CHARLES SCHWAB & CO., INC. SAN FRANCISCO CA 7279
13 STATE FARM INVESTMENT MANAGEMENT CORP. BLOOMINGTON IL 7142
14 RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC SAINT PETERSBURG FL 6614
15 RAYMOND JAMES & ASSOCIATES, INC. ST. PETERSBURG FL 5941
16 MML INVESTORS SERVICES, LLC SPRINGFIELD MA 5244
17 EQUITABLE ADVISORS, LLC NEW YORK NY 5041
18 WELLS FARGO ADVISORS ST. LOUIS MO 4250
19 CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. FAIRFIELD IA 4088
20 PRIMERICA ADVISORS DULUTH GA 4015

Most Locations

Firms with the widest geographic footprint

# Firm City State Locations
1 STATE FARM INVESTMENT MANAGEMENT CORP. BLOOMINGTON IL 7302
2 CETERA INVESTMENT ADVISERS LLC SCHAUMBURG IL 6603
3 EDWARD JONES ST. LOUIS MO 5616
4 LPL FINANCIAL LLC FORT MILL SC 5385
5 AMERIPRISE FINANCIAL SERVICES, LLC MINNEAPOLIS MN 4937
6 J.P. MORGAN SECURITIES LLC NEW YORK NY 4710
7 RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC SAINT PETERSBURG FL 3902
8 WELLS FARGO ADVISORS ST. LOUIS MO 3547
9 STRATEGIC ADVISERS LLC BOSTON MA 3276
10 CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. FAIRFIELD IA 2887
11 PRIMERICA ADVISORS DULUTH GA 2405
12 THRIVENT INVESTMENT MANAGEMENT INC. MINNEAPOLIS MN 1588
13 MML INVESTORS SERVICES, LLC SPRINGFIELD MA 1582
14 COMMONWEALTH FINANCIAL NETWORK WALTHAM MA 1528
15 WELLS FARGO ADVISORS ST. LOUIS MO 1466
16 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK NY 1436
17 EAGLE STRATEGIES LLC NEW YORK NY 1390
18 EQUITABLE ADVISORS, LLC NEW YORK NY 1390
19 OSAIC WEALTH, INC. SCOTTSDALE AZ 1331
20 UBS FINANCIAL SERVICES INC. WEEHAWKEN NJ 1292

Most Assets Under Management

Firms managing the largest client asset portfolios

# Firm City State AUM
1 VANGUARD GROUP INC MALVERN PA $11092665107962
2 VANGUARD CAPITAL MANAGEMENT, LLC MALVERN PA $8436181597982
3 FIDELITY MANAGEMENT & RESEARCH COMPANY LLC BOSTON MA $5685041930529
4 BLACKROCK FUND ADVISORS SAN FRANCISCO CA $4282224366957
5 CAPITAL RESEARCH AND MANAGEMENT COMPANY LOS ANGELES CA $3753542800892
6 PACIFIC INVESTMENT MANAGEMENT COMPANY LLC NEWPORT BEACH CA $3666935101247
7 J.P. MORGAN INVESTMENT MANAGEMENT INC. NEW YORK NY $3519414511755
8 VANGUARD PORTFOLIO MANAGEMENT, LLC MALVERN PA $2656483509980
9 GOLDMAN SACHS ASSET MANAGEMENT, L.P. NEW YORK NY $2648902942827
10 T. ROWE PRICE ASSOCIATES, INC. BALTIMORE MD $2196452587469
11 MORGAN STANLEY PURCHASE NY $1961887313229
12 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK NY $1781568171479
13 GEODE CAPITAL MANAGEMENT, LLC BOSTON MA $1736523234533
14 CHARLES SCHWAB INVESTMENT MANAGEMENT, INC SAN FRANCISCO CA $1721025914896
15 BLACKROCK FINANCIAL MANAGEMENT, INC NEW YORK NY $1595099828916
16 WELLINGTON MANAGEMENT COMPANY LLP BOSTON MA $1428048671402
17 SSGA FUNDS MANAGEMENT, INC. BOSTON MA $1420653842286
18 STRATEGIC ADVISERS LLC BOSTON MA $1370125325211
19 NORTHERN TRUST INVESTMENTS, INCORPORATED CHICAGO IL $1245248223540
20 CAPTRUST RALEIGH NC $1236704853633

Most Clients

Firms with the most advisory clients

# Firm City State Clients
1 MORNINGSTAR INVESTMENT MANAGEMENT LLC CHICAGO IL 1.87M
2 QUIVIRA ADVISORS, LLC 1.00M
3 CHARLES SCHWAB & CO., INC. SAN FRANCISCO CA 956K
4 SMARTASSET NEW YORK NY 650K
5 J.P. MORGAN PRIVATE INVESTMENTS INC. NEW YORK NY 449K
6 MORGAN STANLEY PURCHASE NY 417K
7 J.P. MORGAN SECURITIES LLC NEW YORK NY 407K
8 FUNDRISE ADVISORS, LLC WASHINGTON DC 403K
9 EDELMAN FINANCIAL ENGINES SANTA CLARA CA 322K
10 GREENLIGHT INVESTMENT ADVISORS ATLANTA GA 298K
11 ASSETMARK, INC. CONCORD CA 220K
12 LPL FINANCIAL LLC FORT MILL SC 210K
13 EQUITABLE ADVISORS, LLC NEW YORK NY 172K
14 SCHWAB WEALTH ADVISORY, INC. SAN FRANCISCO CA 169K
15 WEALTH COMPASS FINANCIAL, INC. CARLSBAD CA 147K
16 AMERIPRISE FINANCIAL SERVICES, LLC MINNEAPOLIS MN 124K
17 WILSHIRE SANTA MONICA CA 110K
18 NEA MEMBER BENEFITS GAITHERSBURG MD 103K
19 GOLDMAN SACHS WEALTH SERVICES, L.P. COHOES NY 89.9K
20 VANGUARD ADVISERS, INC. MALVERN PA 89.4K

Highest AUM per Client

Regulatory AUM divided by advisory clients

# Firm City State AUM / client
1 FIDELITY MANAGEMENT & RESEARCH COMPANY LLC BOSTON MA $5.69T
2 BLACKROCK FUND ADVISORS SAN FRANCISCO CA $4.28T
3 BLACKROCK ADVISORS, LLC NEW YORK NY $1.10T
4 PACIFIC INVESTMENT MANAGEMENT COMPANY LLC NEWPORT BEACH CA $733B
5 PGIM, INC. NEWARK NJ $566B
6 DODGE & COX SAN FRANCISCO CA $467B
7 DIMENSIONAL FUND ADVISORS LP AUSTIN TX $340B
8 KOHLBERG KRAVIS ROBERTS & CO. L.P. NEW YORK NY $200B
9 MACQUARIE INVESTMENT MANAGEMENT GLOBAL LIMITED SYDNEY $187B
10 CLEARBRIDGE INVESTMENTS, LLC NEW YORK NY $185B
11 BLACKROCK CAPITAL MANAGEMENT, INC. WILMINGTON DE $173B
12 GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL LONDON $155B
13 T. ROWE PRICE INTERNATIONAL LTD LONDON $139B
14 BARINGS LLC CHARLOTTE NC $131B
15 BLACKSTONE REAL ESTATE ADVISORS L.P. NEW YORK NY $131B
16 THRIVENT FINANCIAL FOR LUTHERANS MINNEAPOLIS MN $129B
17 AMOVA ASSET MANAGEMENT CO.,LTD. TOKYO $124B
18 NEW YORK LIFE INVESTMENT MANAGEMENT LLC NEW YORK NY $121B
19 PATHWAY CAPITAL MANAGEMENT, LP IRVINE CA $97.8B
20 PPM AMERICA INC CHICAGO IL $93.8B

Most Foreign Assets

Firms managing the most assets from foreign nationals

# Firm City State Foreign Assets
1 PACIFIC INVESTMENT MANAGEMENT COMPANY LLC NEWPORT BEACH CA $1730672426442
2 J.P. MORGAN INVESTMENT MANAGEMENT INC. NEW YORK NY $838825341974
3 BLACKROCK FINANCIAL MANAGEMENT, INC NEW YORK NY $739244694089
4 MILLENNIUM MANAGEMENT LLC NEW YORK NY $661345270000
5 GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL LONDON $616841257437
6 NOMURA ASSET MANAGEMENT CO., LTD. TOKYO $601447633982
7 ASSET MANAGEMENT ONE CO., LTD. TOKYO $470541529047
8 GOLDMAN SACHS ASSET MANAGEMENT, L.P. NEW YORK NY $448234743711
9 MITSUBISHI UFJ TRUST AND BANKING CORPORATION TOKYO $406840405147
10 JPMORGAN ASSET MANAGEMENT (UK) LIMITED LONDON $385994263289
11 WELLINGTON MANAGEMENT COMPANY LLP BOSTON MA $384872653301
12 CITADEL ADVISORS LLC MIAMI FL $384834614984
13 PICTET ASSET MANAGEMENT SA GENEVA $329750420739
14 SAMSUNG ASSET MANAGEMENT COMPANY, LTD. SEOUL $300817292631
15 TAULA CAPITAL MANAGEMENT (UK) LLP ST HELIER $273220429199
16 KOHLBERG KRAVIS ROBERTS & CO. L.P. NEW YORK NY $268817641718
17 HSBC GLOBAL ASSET MANAGEMENT (UK) LIMITED LONDON $260219596605
18 ARES MANAGEMENT LLC LOS ANGELES CA $257610510376
19 VANGUARD GLOBAL ADVISERS, LLC MALVERN PA $249658749492
20 MORGAN STANLEY INVESTMENT MANAGEMENT INC. NEW YORK NY $247246843824