The statistic depicts the largest wealth management companies in the United States as of September 2018, by value of client assets. JP Morgan managed 774 billion U.S. dollars of client assets under management and was third largest wealth management company in the United States.
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 was the leading wealth manager in the U.S. in 2017, with value of managed client assets amounting to around 1.25 trillion U.S. dollars.
Largest wealth management companies in the United States as of September 2018, by value of client assets
(in billion U.S. dollars)
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Wall Street Journal. (September 25, 2018). Largest wealth management companies in the United States as of September 2018, by value of client assets (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/329646/largest-wealth-management-companies-usa-by-value-of-client-assets/
Wall Street Journal. "Largest wealth management companies in the United States as of September 2018, by value of client assets (in billion U.S. dollars)." Chart. September 25, 2018. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/329646/largest-wealth-management-companies-usa-by-value-of-client-assets/
Wall Street Journal. (2018). Largest wealth management companies in the United States as of September 2018, by value of client assets (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/329646/largest-wealth-management-companies-usa-by-value-of-client-assets/
Wall Street Journal. "Largest Wealth Management Companies in The United States as of September 2018, by Value of Client Assets (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Sep 2018, https://www.statista.com/statistics/329646/largest-wealth-management-companies-usa-by-value-of-client-assets/
Wall Street Journal, Largest wealth management companies in the United States as of September 2018, by value of client assets (in billion U.S. dollars) Statista, https://www.statista.com/statistics/329646/largest-wealth-management-companies-usa-by-value-of-client-assets/ (last visited November 22, 2024)
Largest wealth management companies in the United States as of September 2018, by value of client assets (in billion U.S. dollars) [Graph], Wall Street Journal, September 25, 2018. [Online]. Available: https://www.statista.com/statistics/329646/largest-wealth-management-companies-usa-by-value-of-client-assets/
