Top 20 Asset Management Firms by AUM
1) Blackrock
4) State Street
9) Allianz
10) Capital Group
11) Amundi
12) BNY Mellon
13) UBS
14) Pimco
15) Edward Jones Investments
16) Deutsche Bank
17) Franklin Templeton
18) Invesco
19) Natixis
20) Bank of America
Based on the most helpful WSO content, BlackRock is indeed a major player in the asset management space. It manages nearly $10 trillion in assets under management, making it the largest asset manager globally. This is reflected in the list you've provided, where BlackRock is ranked at the top. Their significant AUM is a testament to their influence and presence in the market. If you're looking to dive deeper into BlackRock's operations, strategies, or career opportunities, the WSO forum has threads and discussions that can provide more insights.
Sources: Everything You Need To Know about BlackRock, Everything You Need To Know about BlackRock, BlackRock SA 2021, Blackrock MD BY 31: Ask me Anything
thank you!
This is good and all, but Asset Management isn't prestigious. At my elite IB group we consider it to be back office.
Your elite IB group couldn’t exit to a FO AM role if they wanted to unfortunately.
Second, AM is essentially glorified PWM.
The terminology is intentionally muddied by the guys who are unsuccessful, but I disagree. There is a world of difference between being an analyst for a minimally constrained fundamental active fund and being the Primerica rep selling variable annuities to senior citizens. This list unfortunately lumps the two together. You've got both wirehouses with no AM arms and pure play fund shops on this list.
Yeah, some of these aren't even worthy of the title PWM, you're looking at mass-affluent WM or even below, but working for a fund-shop can be a different animal. I'm intentionally dragging out old names to keep myself clean for compliance, but Peter Lynch and Bill Gross worked in AM.
AUM ≠ jobs. Some of these places … Edward jones? BoA? Do not have a single fundamental research analyst on staff. Pretty poor and useless post.
Where is Wellintgon ranked please?
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