What are the top 4 investment firms?
BlackRock, Vanguard, Fidelity, State Street Global Advisors, and J.P. Morgan Asset Management are the five largest financial advisory firms in the United States, ranked by assets under management (AUM).
- BlackRock. BlackRock is the country's largest brokerage firm with just over $10 trillion in assets under management at the end of 2023. ...
- Vanguard. Vanguard was founded by John Bogle, who championed low-cost investing philosophies. ...
- Charles Schwab. ...
- Fidelity. ...
- JP Morgan Chase. ...
- Edward Jones. ...
- Goldman Sachs. ...
- Morgan Stanley (E*TRADE)
Private Equity Firm | Money Raised Over Five Years |
---|---|
1. Blackstone Inc. (ticker: BX) | $124 billion |
2. KKR & Co. Inc. (KKR) | $103.2 billion |
3. EQT AB (OTC: EQBBF) | $99.1 billion |
4. CVC Capital Partners PLC (CVCA.XD) | $77.6 billion |
- Morgan Stanley. 1980. 500+ ...
- Standard Chartered Private Bank. 1948. 500+ ...
- Morgan, Lewis & Bockius LLP. 1873. 500+ ...
- Salem Investment Counselors. 1979. 21-74. ...
- LGT. 1920. 500+ 100+ ...
- Heritage Investment Group. 21-74. 100+ Pompano Beach, Florida. ...
- The Vanguard Group. 1975. 500+ 100+ ...
- Neuberger Berman. 1939. 500+ 100+
The passive index fund industry is dominated by BlackRock, Vanguard, and State Street, which we call the “Big Three.” We comprehensively map the ownership of the Big Three in the United States and find that together they constitute the largest shareholder in 88 percent of the S&P 500 firms.
Company | Overall rating | Privacy |
---|---|---|
Fidelity Investments | 85.1 | 84.1 |
Charles Schwab | 84.2 | 84.6 |
Vanguard | 83.4 | 84.3 |
JPMorgan Funds | 79.1 | 81.7 |
Fidelity is generally better for lower account balances (accounts less than $25,000) and direct crypto exposure. Charles Schwab is better for higher balances and offers a more comprehensive selection of advanced charting tools like the thinkorswim platform.
A quick overview of the firms
PwC is the largest by revenue and the most prestigious of the Big Four with a strong and established audit client base.
Very hard indeed. A recent article in The Time exploring the Big Four (and KPMG, especially) revealed that PwC had an acceptance rate in 2022 of approximately 2.5%, based on the 304,000 applications it received to its 7,500 roles (including 2,000 entry level ones).
Rank | Firm/company | AUM (billion USD) |
---|---|---|
1 | BlackRock | 9,090 |
2 | Vanguard Group | 7,600 |
3 | UBS | 5,710 |
4 | Fidelity Investments | 4,240 |
What is the world's most powerful investment company?
Leading investment management firms worldwide 2022, by AUM
The largest investment management company worldwide by assets under management (AUM) as of 2022 was Blackrock reaching almost 9.5 trillion U.S. dollars in AUM. The Vanguard Group ranked second managing 8.4 trillion U.S. dollars in assets.
Independent Asset Manager
BlackRock is an independently managed public company with no single majority stockholder. The PNC Financial Services Group, Inc. has a minority ownership stake in BlackRock with the remainder owned by institutional and individual investors, as well as BlackRock employees.

# | Name | M. Cap |
---|---|---|
1 | Berkshire Hathaway 1BRK-B | $1.003 T |
2 | International Holding Company 2IHC.AE | $241.28 B |
3 | Morgan Stanley 3MS | $192.54 B |
4 | Prosus 4PRX.AS | $182.15 B |
- Fidelity Investments. Top choice for clients who need help navigating different financial circumstances, goals, and challenges. ...
- Fisher Investments. One of the best financial advisory firms for customized portfolio strategies. ...
- Facet. ...
- Vanguard. ...
- Mercer. ...
- Edward Jones. ...
- BlackRock. ...
- Charles Schwab.
All Edward Jones advisors are fiduciaries and are legally bound to act in their clients' best interests. However, Edward Jones is not worth the fees. The services provided by Edward Jones are quite basic, and most individuals can achieve similar results with minimal research and a little bit of know-how.
- #1. Goldman Sachs & Co. SCORE 8.665. 2023 Ranking. ...
- #2. Morgan Stanley. SCORE 8.172. 2023 Ranking. ...
- #3. J.P. Morgan. SCORE 8.133. 2023 Ranking. ...
- #4. Centerview Partners. SCORE 8.118. 2023 Ranking. ...
- #5. Evercore. SCORE 7.972. 2023 Ranking. ...
- #6. Lazard. SCORE 7.109. 2023 Ranking. ...
- #7. PJT Partners. SCORE 6.891. ...
- #8. Moelis & Company. SCORE 6.887.
Private Equity and Hedge Funds
Private equity and hedge funds sit adjacent to securities and trading markets. While they aren't the same thing, these two types of investment tools are popular among billionaires. They appeal to people of high net worth who can afford large investments and higher risk.
- Fidelity.
- Schwab.
- Vanguard.
If you're investing for the long term, the stock market is the best investment — any market volatility will come and go. However, if you need your money within the next five years, you might gravitate toward the savings account or CD options on our list, which are ideal for short-term savings.
Welcome to Schwab Private Wealth Services.
This suite of complimentary benefits provides priority access to our highest level of professional guidance, solutions, and support to clients who have more than ten million dollars in qualifying assets at Schwab.
What is the downside of Charles Schwab?
Cons Explained
Low interest on uninvested cash: Schwab has an automated sweep feature that puts cash into an account that yields 0.20%. 10 This is less than the cash sweep into money market mutual funds that other brokers offer, with yields closer to 5%.
Fees. Fidelity has average trading and low non-trading fees, including commission-free US stock trading. On the negative side, margin rates and fees for some mutual funds can be high. We compared Fidelity's fees with two similar brokers we selected, E*TRADE and TD Ameritrade.
- Deloitte is the tax/audit/accounting market leader and is the largest professional services firm in the world, both in terms of revenue and number of employees. ...
- PwC enjoys a strong second place in market share amongst the Big 4 accounting firms.
On June 15, 2002, Arthur Andersen was found guilty of shredding evidence and lost its license to engage in public accounting.
Big 4 professionals generally are strong communicators, know what they can do and have no trouble thinking in terms of processes. They are also good at stakeholder management, have a solid financial base and can deal well with deadlines.