Bank of America's Global Wealth and Investment Management division proved to be the largest wealth manager in terms of value of managed assets in 2020, with managed assets reaching 1.35 trillion U.S. dollars. Morgan Stanley's Wealth Management division and J.P. Morgan Private Bank followed behind with 1.26 trillion and 774 billion U.S. dollars, respectively.
Leading wealth management firms worldwide in 2020, by assets under management
(in trillion U.S. dollars)
Characteristic
Assets under management in trillion U.S. dollars
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Investopedia. (February 22, 2020). Leading wealth management firms worldwide in 2020, by assets under management (in trillion U.S. dollars) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/329685/leading-wealth-managers-by-assets-under-management-usa/
Investopedia. "Leading wealth management firms worldwide in 2020, by assets under management (in trillion U.S. dollars)." Chart. February 22, 2020. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/329685/leading-wealth-managers-by-assets-under-management-usa/
Investopedia. (2020). Leading wealth management firms worldwide in 2020, by assets under management (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/329685/leading-wealth-managers-by-assets-under-management-usa/
Investopedia. "Leading Wealth Management Firms Worldwide in 2020, by Assets under Management (in Trillion U.S. Dollars)." Statista, Statista Inc., 22 Feb 2020, https://www.statista.com/statistics/329685/leading-wealth-managers-by-assets-under-management-usa/
Investopedia, Leading wealth management firms worldwide in 2020, by assets under management (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/329685/leading-wealth-managers-by-assets-under-management-usa/ (last visited July 27, 2024)
Leading wealth management firms worldwide in 2020, by assets under management (in trillion U.S. dollars) [Graph], Investopedia, February 22, 2020. [Online]. Available: https://www.statista.com/statistics/329685/leading-wealth-managers-by-assets-under-management-usa/