Investment assets share of wealth management firms in the UK 2016, by ownership

This statistic shows the distribution of investment assets of large wealth management firms in the United Kingdom (UK) for 2016, listed by ownership status. Wealth management is a broad category of financial services, which includes management of client's assets, and optimization of investment portfolio, according to client's financial goals and objectives. Private banking provides services that might not include investments. It typically centers around high-net-worth-individuals (HNWIs) financial needs, offering personalized care of clients' finances, either by public or private financial institution. According to the data, client holding assets amounted to 524 billion British pounds in value and constituted the largest pool of wealth managers assets under management. Assets held in ISAs were second in value in the ranking, coming up to 146 billion British pounds.