Facebook accounts of the TOP 9 largest asset management companies
Company's social media pages often become a source of useful content for subscribers. By joining the communities of the world's leading investment companies, you will ensure a high-quality information flow in your social media feed. Choose the organization you like and find out what investors on the other side of the ocean are interested in today! Of course, the language of publications is English. If you don't know the language, online translators can help you.
1. Bank of America https://www.facebook.com/BankofAmerica/
Global Wealth 3333 Investment Management is a successful division of Bank of America Corporation. The portfolio of assets under its management amounts to $1.35 trillion. It has two types of customers: those with a total investment amount of over $250,000, and high-income individuals to whom Bank of America offers comprehensive asset management solutions.
There are 20,000 managers in 750 branches of the organization. At the end of 2018, the World Bank's division on asset and investment management of Bank of America earned a net profit of $4.1 billion, 33% higher than the previous year results.
2. Morgan Stanley https://www.facebook.com/morganstanley/
Morgan Stanley Wealth Management manages the assets worth $1.26 trillion. More than 15,600 managers work in 600 branches of the company.
In 2018, the organization's net revenue increased by 6 % to reach $40.1 billion. The net income amounted to $8.9 billion, having increased by 44% as compared to 2017.
3. J.P. Morgan https://www.facebook.com/jpmorgan/
J.P. Morgan Private Bank is part of JPMorgan Chase 3333 Co. It is the third largest asset management company with a portfolio of $774 billion. There are 1,300 managers working in 48 branches.
4. Wells Fargo https://www.facebook.com/wellsfargo/
The company manages $604 billion in assets. The organization's 1,468 branches employ nearly 15,000 capital managers. In 2018, Wells Fargo's total revenue was $86.4 billion, which is about 2% less than the previous year. However, the net income increased by 1% to reach $22.4 billion for the same period.
5. UBS https://www.facebook.com/UBSglobal/
UBS Wealth Management ranks the 5th in the Wall Street Journal's list of 40 largest asset management companies with $601 billion in assets managed. There are 7,100 qualified managers in the organization's 208 branches in America. UBS's operating profit in the fiscal year 2018 was $30.2 billion, 2% more than the previous year.
6. Charles Schwab https://www.facebook.com/CharlesSchwab/
Charles Schwab manages the assets worth $421 billion. The company employs 2,000 managers in 345 American branches. In 2018, Charles Schwab's net revenue from the services provided to investors increased by 18 % as compared to the previous year. This growth owes largely to an increase in asset management fees.
7. Vanguard Group https://www.facebook.com/Vanguard/
The company Vanguard Group manages the assets worth $406 billion. Compared to the competitors, the company offers customers more investment opportunities, such as low-cost mutual funds, ETFs, advice and other related services.
8. Fidelity Investments https://www.facebook.com/fidelityinvestments/
Fidelity Investments ranks the eighth on this list with $400 billion in assets under management. About 2,400 managers operate in 200 network offices. The company offers two types of services: management of capital over $250,000 and management of private capital over $2 million.
9. Goldman Sachs https://www.facebook.com/goldmansachs/
Goldman Sachs Group, Inc. It manages $300 million in assets, and employs 500 managers in 13 branches of the company. To become a Goldman Sachs customer, you need to have at least $10 million on your accounts. In 2018, the company reported the net revenue of $7 billion, which is 11 % more than the previous year.
The rating was compiled according to the financial statements published by the companies from the list in the open sources at the end of 2018.