Top 10 Largest Wealth Management Firms In The World 2025

In the ever-changing environment of global finance, wealth management organizations play an essential part in the process of protecting and expanding the assets of individuals, families, and institutions. These titans of the financial world are continuing to broaden their scope of operations as of the middle of the year 2025. They provide a full range of services, which include financial planning and investment management, as well as estate planning and philanthropic advising options. The sheer number of assets under management (AUM) is frequently the primary criterion that is used to rank these organizations. This is because it reflects the enormous power and trust that these firms have with their clients.

List Of Top 10 Largest Wealth Management Firms In The World 2025

1. Bank of America Financial Center

The Global Wealth and Investment Management (GWIM) business of Bank of America, which is comprised of Merrill and Bank of America Private Bank, is responsible for the management of a significant amount of client assets. As of the year 2024, Bank of America reported a total assets under management (AUM) of $1.88 trillion throughout its wealth management arm. This position positions the company as a prominent player, particularly due to its huge advisor force and vast retail financial center network.

2. Goldman Sachs

Goldman Sachs, a name that is synonymous with high finance, stated that the Assets Under Supervision (AUS) of its asset and wealth management business arm reached a new high of $3.14 trillion by the end of the year 2024. Goldman Sachs is well-known for its exceptional service to individuals, families, and institutions with extremely high net worth. The company offers individualized financial solutions and strategic counsel by utilizing its extensive knowledge of international markets.

3. Edward Jones

Edward Jones is distinguished from its competitors by the highly individualized and individualized approach to financial advice that it provides to its millions of clients, the majority of whom are located in North America. Up to the 31st of December in 2024, Edward Jones had serviced more over 9 million customers and had a total of $2.2 trillion worth of client assets under management. They have a considerable presence and are committed to maintaining strong ties with their customers, as seen by their extensive network of more than 20,000 financial advisors that collaborate from a variety of branch locations.

4. JPMorgan Private Bank (New York)

The J.P. Morgan Private Bank is a competitive competitor because it provides comprehensive wealth management services in addition to the traditional banking services as well. Approximately $4.0 trillion in assets under management was managed by J.P. Morgan Private Bank as of the 31st of December, 2024. This company’s top-tier reputation is firmly established by its wide global presence as well as their sophisticated offerings for clients who are wealthy or extremely high-net-worth.

5. BlackRock

The BlackRock Company Despite the fact that BlackRock is largely recognized as the largest asset manager in the world, the company’s huge scale has a direct impact on its wealth management capabilities. This is especially true for institutional clients and high-net-worth individuals who are advised by their solutions. At the beginning of July 2025, BlackRock reported an astounding $1.047 trillion in assets under management (AUM). Within the larger ecosystem of wealth management, their influence is supported by the iShares Exchange-Traded Fund (ETF) platform as well as comprehensive investment solutions.

6. Morgan Stanley

The reputation of Morgan Stanley as a global leader in wealth management has been strengthened as the company has risen to the forefront of the industry. A whopping $6.5 trillion in assets under management was reported by Morgan Stanley Wealth Management as of the 31st of December, 2024, surpassing the amount disclosed by its competitors. Their comprehensive approach, which includes serving a diverse range of clients ranging from individual families to institutions, as well as their extensive network of nearly 16,000 financial advisors, are the foundations upon which they have built their dominant position.

7. UBS

UBS Global Wealth Management, a long-standing heavyweight in the wealth management industry, is particularly well-known for its vast reach with high-net-worth and ultra-high-net-worth people. As of the fourth quarter of 2024, the company reported being in possession of $6.1 trillion in assets that were invested. Despite having its headquarters in Switzerland, UBS continues to offer a wide variety of individualized investment services and advice all over the world. The company has more than 11,000 financial advisors across the globe.

8. Charles Schwab

As a result of Charles Schwab’s considerable expansion, particularly following its acquisition of TD Ameritrade, the company has emerged as a formidable competitor in the brokerage and wealth management industries. Charles Schwab reported that the total assets of its customers amounted to $10.35 trillion as of the 31st of May, 2025. This includes brokerage, but their Schwab Wealth AdvisoryTM service is designed to provide high-net-worth clients with individualized plans. As a result, they are a prominent provider of wealth management services.

9. Fidelity Investments

Fidelity Investments, a multinational corporation that provides a wide range of financial services, remains a dominant force in the field of wealth management. As of the 31st of March in the year 2025, Fidelity revealed that it had 15 trillion dollars worth of assets under administration, including 5.9 trillion dollars worth of discretionary assets. In spite of the fact that their wealth management division might constitute a portion of this bigger total, the fact that they have such a huge clientele and offer comprehensive retirement and investment solutions makes them a formidable competitor.

10. Vanguard

Long-term investors like Vanguard because of its low-cost index funds and exchange-traded funds (ETFs), which have achieved widespread recognition. Vanguard Group reported roughly $9.3 trillion in assets under management (AUM) as of the beginning of July 2025. This is despite the fact that the specific AUM for its dedicated wealth management arm is frequently incorporated into its overall asset management estimates. Because of their direct-to-investor business approach and their emphasis on passive investing concepts, they have attracted a large number of customers who are looking for wealth-building solutions that are both effective and easy to access.