Rankings the world’s best wealth management firms are rated by their assets under management (AUMs). This article gives you a brief overview of the top 25 investment management companies in terms of assets and net income.
Companies with high net worth are often managed by a professional who attracts wealthy customers to the firm.
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Table of Contents
With a network of offices in five continents, more than 50 countries, and $ 2.6 trillion of assets under management, UBS is ranked No. 1 on Wealth Management.
Although USB is a Swiss company, its services operate at all major international financial centers. With a 150-year history, the company has 286 branches in the United States.
They often have high experience in dealing with people with high net worth and extremely high net worth individuals. That is, they have extensive experience in investment, planning, banking, and personal wealth management.
UBS offers unique solutions to turn your capabilities into a plan for your family and the world. Credit cards, mortgage plans, digital experience, retirement plans, financial plans are some of the main services they provide.
They have been able to reach the top among the best wealth management firms because their global strategy is focused on delivering outstanding solutions to customers.
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02. Credit Suisse
Credit Suisse Group AG is a financial services-based global investment bank and finance company, and it’s headquartered in Zurich, Switzerland. But it also has offices in all the major financial centers around the world. It is one of the leading and best wealth management firms in the world.
This company is also one of the leading global banks providing personal banking, investment banking, asset management, and partnership services.
Even the Financial Stability Board considers it a systemically important bank and can be described as one of the least affected banks in the global financial crisis. This company had assets under the management of 440.3 billion Swiss francs ($ 498.6 billion) as of December 31.
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Morgan Stanley Wealth Management is a leading finance company that focuses on the success of its clients and helps them strengthen their financial management. Their primary purpose is to help you grow your wealth and help you achieve your financial goals.
For 85 years, Morgan Stanley has been a global leader in financial services because of the scale and stability they provide to bring valuable opportunities to clients.
Accordingly, their priority is to manage wealth with the highest level of protection. Another purpose is to provide financial advice to assist those who come to them at any stage of life to achieve their goals.
Morgan Stanley Wealth is at the forefront of clients as a financial advisor dedicated to continuous, comprehensive financial planning, financial management, and investment advice.
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The primary purpose of Bank of America is to provide financial assistance. They help you monitor and measure your progress, take advantage of opportunities, and ensure that the investment fits the set goals.
Their main services are portfolio management, special asset management, access to the capital market, sustainability, and impact investment.
Accordingly, they assist in creating a policy statement outlining the client’s objectives, cash flow requirements, risk tolerance, tax status, and other financial goals under portfolio management. Accessing innovative solutions through the Forex and Derivatives markets will enable you to achieve your financial goals.
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JPMorgan is arguably the best private bank in the world and can help you achieve, plan, invest and borrow from every aspect of your financial life. J.P. Morgan can be described as advisors, strategists, and investors.
It guides you from organizing money to setting financial goals and provides a wide range of services by introducing unique investment opportunities.
For more than 200 years, J.W. P. Morgan has worked with private bankers, innovators, entrepreneurs, industry leaders to work together to achieve and make a difference in their unique ambitions.
By doing so, they were able to attract a large number of clients. They give their clients unique opportunities in private banking and the ability to connect with individuals.
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06. Goldman Sachs
Goldman Sachs is another leading finance company providing financial opportunities for sustainable economic growth. With over 150 years of experience, Goldman Sachs is well known among its clients for its excellence, integrity, customer service, and partnership.
Their strong goals are to expand individual prosperity and accelerate economic progress for all. Through digital platforms and services, it helps its clients and customers achieve their goals.
Goldman Sachs provides investment management solutions across a wide range of corporate and individual clients for all major asset classes.
07. Charles Schwab
The Charles Schwab Corporation is a US multinational financial services company with client assets of over US $ 3.3 trillion.
The company is the 13th largest bank in the United States and provides banking, commercial banking, e-commerce opportunities, and wealth management consulting services.
It was founded in San Francisco, California, and was founded by Charles R. Schwab is the starting pilot. Their services are available to retail and corporate clients and are currently headquartered in Westlake, Texas.
They have 29.0 million active broker accounts, over 360 branches, Charles Schwab ranks among the best wealth management companies in terms of services and management.
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Citi Private Bank is a subsidiary of Citigroup Group. It provides private banking services to individual clients with high net worth. This allows you to take advantage of opportunities globally and always help them meet your wealth needs as well as financial goals.
At the top of the list of the best wealth management companies, Morgan Chase and Goldman Sachs have become their main competitors.
They have 60 offices in 23 countries. In particular, they provide services to clients, family offices, and law firms with extremely high net worth. Citi Private Bank was formerly part of Global Wealth Management and is now part of Citi’s corporate client group.
BNP Paribas Wealth Management is a leading finance company with a history of over 150 years. Through it, they are committed to protecting your wealth, developing it, and providing financial advice.
Their primary goal is to create a new wealth management experience that fits into a world of digital interaction for the betterment of people.
It can help you plan the portfolio management that best suits you in the long run and plan the future for all of your wealth and values. They help you build relationships to empower you financially and beyond.
BNP Paribas Wealth Management, in particular, is open to entrepreneurs, individuals with high net worth, families, foreigners, and external wealth managers.
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10. Julius Baer
The Julius Byrne Group is a finance company that has successfully transformed the local family business into an international focus on wealth management. Founded in Switzerland, Julius Byrne is a medium-sized private banking corporation headquartered in Zurich.
Their services include investment management, real estate financing, wealth management, and open and managed architecture. Accordingly, they manage assets for private clients around the world. Julius Byrne has a staff of over 6,600 worldwide and is located in 28 countries.
They will guide you to a holistic consulting approach, systematically providing you with the appropriate financial solutions, including wealth planning, investing, and financing, based on your unique situation.
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11. Vanguard Group
Vanguard is the world’s largest investment management company and the world’s largest mutual fund provider. Low-Cost Conventional Funds and ETFs There are about 440. Vanguard has around 17,300 staff members and branches in 19 locations around the world.
They also provide the world’s second-largest exchange trading fund (ETF). It is their mission to give all investors the best opportunity for investment success. At Vanguard, they have been able to create an equal and fair work environment for all, reflecting a diverse community.
They have been able to prioritize the leadership team, staff, and their clients and continue to reduce investment costs. Its founder, John C. Bogle, and Vanguard started with a simple but revolutionary idea. That is, a mutual fund company should not have external owners.
HSBC Private Bank is the main private banking arm of the HSBC Group, collectively known as Global Private Banking. This Bank, along with its private banking business, provides services to wealthy individuals and their families.
HSBC Pvt. Ltd. has offices in 43 European countries and 96 offices. As of December 31, 2018, their pre-tax profit was the US $ 1,447 million, and their combined client assets under management were the US $ 352 billion.
You can use their services to grow, manage and protect your assets. They align banking, investment, and wealth management services with your personal needs and help you stay focused.
Private banking services are very important when you have a relationship with a manager who is well versed in you and your business to provide superior service to you, your family, and your business.
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China Merchants is a Chinese private bank and is the first joint venture commercial bank to provide private banking services. CMB was able to bring a new market for professional and customized wealth management services.
CMB’s private banks offer their services to businesses, families, individuals, and investors. With an unparalleled banking experience of over $ 10 million in assets, they have provided their services in private banking for over two decades.
CMB Private Banking meets all your financial needs and provides local and global financial insights to control risk and reap maximum benefits.
Northern Trust Corporation is a financial services company providing services to corporations, institutional investors, and individuals with extremely high net worth.
It is also the largest banking institution in the United States and is headquartered in Chicago, Illinois. As of April 8, 2021, the company has $ 5.07 trillion in management and $ 14.8 trillion in assets under trust.
The company has offices in 20 U.S. states and locations in 23 countries. As of February 2019, it is ranked 486th out of 1000 Fortune 1000s and is the oldest continuously operating bank. They will create a dynamic roadmap that fits your unique priorities and future goals.
BNY Melon Wealth Management is an American investment banking Services Company. Headquartered in New York City, it is the world’s largest trustee bank and asset Services Company. The Financial Stability Board considers Melon Wealth to be a systemically important bank.
The company has $ 41.7 trillion in assets in custody in the second quarter of 21 2021. They build a customized strategy around each of the five essential wealth practices of investing, borrowing, spending, managing, and protecting.
You get leverage to grow your business faster with the help of a large, resource-rich global company. They provide advice based on your needs and provide their services to organizations such as family offices, nonprofits, and charities.
Pickett Group, one of the largest Swiss banks, is a Swiss multinational private bank and financial services company established in Switzerland.
With a history of over 200 years, the Pickett Group provides wealth management, asset management, and other asset services to private clients and organizations. The Pickett Group employs about 4,900 people and a total of about 900 managers.
Their primary objective is to build strong partnerships with clients, and investment companies, to help protect and transmit their wealth. Pickett is a non-investment banking company and a leading supplier of responsible products and solutions.
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17. LGT Group
The LGT Group is a private banking and asset management company. Originally known as The Liechtenstein Global Trust, the LGT Group is one of the largest in the world.
Liechtenstein belongs to the Royal Palace and H.S.H. Prince Max von und zu Liechtenstein is the CEO and H.S.H. Prince Philip von und zu Liechtenstein is president.
Headquartered in Zurich, Switzerland, it has 3,405 employees in over 20 offices worldwide. Operating across several sectors, LGT primarily provides wealth management services to private clients.
LGT, an alternative investment manager, has invested $ 60 billion in investment funds, hedge funds, and private equity investments.
The DWS Group is a German asset management finance company. It is headquartered in Frankfurt, Germany, and was formerly part of Deutsche Bank. However, Deutsche Bank still owns a majority stake in DWS.
As a finance company, they are committed to expanding their range from portfolio management to funding and finance at the client’s discretion.
They have also launched a clear reporting system on how criteria-based products can have a positive impact on their investment in customers.
They are committed to boosting private investment and creating global activism for maritime and coastal natural capital.
Bank of China is a finance company known as the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits.
This company is one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue currency notes to the Hong Kong Dollar and acts as a wealth management partner.
They offer a wide range of financial services such as investment and consulting services, alternative investment opportunities, trust advisory services, estate planning, personal and corporate banking services, and online banking services. In addition, the wealth solution, strong investment strategies are also available.
20. Wells Fargo
Wells Fargo is an American multinational financial services company with approximately $ 1.9 trillion. As the services they provide, consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management are available.
The company has corporate headquarters in San Francisco, California, operations headquarters in Manhattan, and management offices throughout the United States and abroad. They are committed to improving financial education and strengthening economic opportunities.
ICBC Private Banking was the first financial institution to be approved by the regulatory authorities in China.
Shanghai’s historic Huangpu River is the headquarters of ICBC Private Banking and is located in the upper cities and other cities of China as well as service centers in 21 countries.
ICBC Private Banking has the potential to win several global awards in the private banking industry. Accordingly, ICBC was ranked among the best wealth management firms.
In addition, you can avail of select services, overseas services, flexible global financial services, customized accounting services, Family Wealth Management Services, ICBC Group integrated services, value-added services, and many more.
China Construction Bank is one of the four largest banks in the People’s Republic of China. The company had total assets of $ 8.7 trillion in 2009, and in 2015 CCB was named the 2nd largest bank in the world in terms of market capitalization.
The Chinese Construction Bank has been identified by the Financial Stability Board as a systemically important bank. It is headquartered in Xicheng, Beijing, and has approximately 13,629 local branches. You can get the following services from China Construction Bank.
- Customer Banking Services,
- Commercial Banking Services,
- Corporate Banking Services,
- Private Banking Services,
- Treasury business
- Border Financial Services
- Banking products and services
Agricultural Bank of China is another great banking system among the best wealth management firms. It is headquartered in Donchen, Beijing, and has nearly 24,000 branches.
The banking system has 320 million retail customers, 2.7 million corporate clients and is the third-largest lender in terms of assets in China. The Financial Stability Board has identified this bank as a systemically important bank.
As one of China’s leading integrated financial services providers, they provide you with unique operations, efficient and convenient services.
24. J. Safra Sarasin
J Private Banking is ranked 23rd on this list of best wealth management firms. Wealth is considered a global symbol of the management tradition.
Known as a global symbol of the wealth management tradition, J has about 2,200 employees by the end of 2020. J. Safra Sarasin Group provides financial services and operates as a sustainable international supplier. Accordingly, the Group provides financial advice and asset management for individual and corporate clients.
DBS is a leading financial services company headquartered in Singapore. Providing a new kind of banking, they became one of the best wealth management companies. The DBS market operates in 18 markets, including Southeast Asia, Greater China, and South Asia.
At DBS, DBS Treasures, DBS Treasures Private Client, or DBS Private Bank, there are three unique offers, and you can choose the one that best suits your wealth needs.
DBS Treasures – This allows you to contact a dedicated relationship manager sponsored by their team of investment experts.
DBS Treasures Private Client – This allows you to explore and exploit their range of products and services as you move along the path to wealth creation. Accordingly, you will be able to enjoy the ingenuity and investment products tailored to suit your wealth needs.
DBS Private Bank – This will enable them to avail their genuine financial offerings to help save wealth for future generations.
The above 25 companies are currently recognized as the best wealth management firms in the world and are listed in this article by their rankings.
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