Following are the top 10 and top 50 largest asset and wealth managers in the world ranked by total AUM. BlackRock (NYSE: BLK), established in 1988, is the world's largest asset manager with assets under management of nearly $6.3 trillion. Headquartered in New York, it has more than 70 offices in 30 countries and employs approximately 12,000 people. Vanguard Group, headquartered in Valley Forge, Pennsylvania, is the second largest investment management company with more than $4.9 trillion in global assets under management. It is also the largest mutual fund provider and the second largest ETFs (exchange-traded funds) provider in the world.
| Rank | Company | Country | Assets under Management (US$b) | Balance sheet |
| 1 | BlackRock | US | 6,288 | 12/31/2017 |
| 2 | Vanguard Group | US | 4,900 | 12/31/2017 |
| 3 | UBS Group (1) | Switzerland | 3,101 | 09/30/2017 |
| 4 | State Street Global Advisors (SSGA) | US | 2,800 | 12/31/2017 |
| 5 | Fidelity Investments | US | 2,448 | 09/30/2017 |
| 6 | Allianz Group | Germany | 2,268 | 09/30/2017 |
| 7 | J.P. Morgan Asset Management (JPMAM) | US | 1,900 | 09/30/2017 |
| 8 | BNY Mellon | US | 1,800 | 09/30/2017 |
| 9 | PIMCO (2) | US | 1,690 | 09/30/2017 |
| 10 | Amundi (3) | France | 1,652 | 09/30/2017 |
| 11 | Capital Group | US | 1,600 | 06/30/2017 |
| 12 | AXA Group | France | 1,405 | 09/30/2017 |
| 13 | Credit Suisse | Switzerland | 1,387 | 09/30/2017 |
| 14 | Prudential Financial | US | 1,366 | 09/30/2017 |
| 15 | Morgan Stanley | US | 1,300 | 12/31/2016 |
| 16 | Legal & General Invest. Management (LGIM) | UK | 1,282 | 06/30/2017 |
| 17 | BNP Paribas (4) | France | 1,230 | 09/30/2017 |
| 18 | Goldman Sachs | US | 1,128 | 09/30/2017 |
| 19 | Northern Trust | US | 1,100 | 09/30/2017 |
| 20 | Wellington Management Company | US | 1,021 | 06/30/2017 |
| 21 | Aegon | Netherlands | 962.9 | 09/30/2017 |
| 22 | Natixis Global Asset Management (5) | France | 961.1 | 09/30/2017 |
| 23 | Nuveen | US | 948.0 | 09/30/2017 |
| 24 | T. Rowe Price | US | 948.0 | 09/30/2017 |
| 25 | Bank of America | US | 946.8 | 03/31/2017 |
| 26 | TIAA | US | 938.0 | 03/31/2017 |
| 27 | Invesco Ltd | US | 917.5 | 09/30/2017 |
| 28 | Prudential plc | UK | 850.8 | 06/30/2017 |
| 29 | Deutsche Asset Management | Germany | 839.0 | 09/30/2017 |
| 30 | HSBC | UK | 831.0 | 12/31/2016 |
| 31 | Affiliated Managers Group (AMG) | US | 803.7 | 09/30/2017 |
| 32 | Standard Life Aberdeen (6) | UK | 758.0 | 06/30/2017 |
| 33 | Legg Mason, Inc | US | 754.4 | 09/30/2017 |
| 34 | Franklin Resources Inc (Franklin Templeton Investments) | US | 753.2 | 09/30/2017 |
| 35 | Sun Life Financial | Canada | 749.4 | 09/30/2017 |
| 36 | Sumitomo Mitsui Trust Holdings (7) | Japan | 747.0 | 09/30/2017 |
| 37 | Insight Investment | UK | 740.0 | 06/30/2017 |
| 38 | Manulife Financial | Canada | 690.0 | 03/31/2017 |
| 39 | MassMutual | US | 675.0 | 12/31/2016 |
| 40 | Ameriprise Financial | US | 654.4 | 03/31/2017 |
| 41 | Principal Financial Group | US | 619.7 | 03/31/2017 |
| 42 | Mitsubishi UFJ Financial | Japan | 575.0 | 12/31/2016 |
| 43 | APG Group | Netherlands | 551.0 | 10/31/2017 |
| 44 | Dimensional Fund Advisors | US | 548.0 | 09/30/2017 |
| 45 | Schroders | UK | 545.0 | 06/30/2017 |
| 46 | Generali Group | Italy | 540.0 | 06/30/2017 |
| 47 | New York Life Insurance Company | US | 538.0 | 09/30/2017 |
| 48 | MetLife Investment Management (MIM) | US | 537.3 | 06/30/2017 |
| 49 | AllianceBernstein L.P. (AB) | US | 535.0 | 09/30/2017 |
| 50 | Great-West Lifeco | Canada | 507.1 | 03/31/2017 |
| 51 | Wells Fargo | US | 496.0 | 09/30/2017 |
| 52 | Old Mutual plc | UK | 493.2 | 12/31/2016 |
| 53 | Columbia Threadneedle Investments | US/UK | 484.1 | 09/30/2017 |
| 54 | MFS Investment Management | US | 474.2 | 09/30/2017 |
| 55 | Aviva | UK | 470.0 | 06/30/2017 |
| 56 | Royal Bank of Canada | Canada | 461.2 | 04/30/2017 |
| 57 | Western Asset Management Co | US | 435.1 | 09/30/2017 |
| 58 | Nomura Asset Management | Japan | 426.0 | 09/30/2017 |
| 59 | Eaton Vance Corp | US | 419.3 | 09/30/2017 |
| 60 | Citi Private Bank | US | 390.0 | 03/31/2017 |
| 61 | Blackstone Group | US | 387.4 | 09/30/2017 |
| 62 | Union Investment | Germany | 377.5 | 09/30/2017 |
| 63 | M&G Investments | UK | 377.0 | 06/30/2017 |
| 64 | Macquarie Asset Management (MAM) | Australia | 369.9 | 09/30/2017 |
| 65 | Federated Investors | US | 363.7 | 09/30/2017 |
| 66 | Eurizon Capital (8) | Italy | 363.1 | 09/30/2017 |
| 67 | Manulife Asset Management | Canada | 358.0 | 03/31/2017 |
| 68 | Janus Henderson Investors (9) | UK | 356.0 | 06/30/2017 |
| 69 | Geode Capital Management | US | 327.0 | 09/30/2017 |
| 70 | SEI Investments Company | US | 325.0 | 09/30/2017 |
The exchange rate on September 30, 2017.
(1) - UBS Group AUM include Wealth Management (CHF 1,100 B), Wealth Management Americas (CHF 1,164 B) and Asset Management (CHF 744 B).
(2) - PIMCO (Pacific Investment Management Company) operates as a separate and autonomous subsidiary of Allianz Group.
(3) - Amundi is a subsidiary of Credit Agricole Group.
(4) - BNP Paribas AUM include Asset Management (€425 B), Wealth Management (€358 B), Insurance (€235 B) and Real Estate (€24 B).
(5) - Natixis operates as a subsidiary of Groupe BPCE.
(6) - Aberdeen Asset Management merged with Standard Life to form Standard Life Aberdeen plc in August 2017.
(7) - AUM for SuMi Trust Bank, SuMi Trust AM and Nikko AM.
(8) - Eurizon Capital SGR is a subsidiary of Intesa Sanpaolo Group.
(9) - Janus Henderson Investors was formed through the merger of Janus Capital Group and Henderson Global Investors in May 2017.
Last Updated: March 20, 2018.