Ranking of the World's Largest Wealth Management Companies in 2025
Top Wealth Management Firms Dominate Global Landscape in 2026
As global wealth management assets approach or exceed $87 trillion by 2025-26, the industry is dominated by a few large global players. Here's a look at the top 10 firms by assets under management (AUM) in 2026, based on current trends.
- BlackRock - Leading the pack with over $12.5 trillion in AUM, BlackRock is a global giant in the wealth and asset management industry. Known for its broad range of asset management including ETFs, fixed income, and alternatives, BlackRock continues to dominate the market.
- JPMorgan Asset Management - Another top competitor in the global AUM race, JPMorgan's exact 2026 AUM figures are not yet detailed, but the firm is expected to remain within the top tier alongside BlackRock.
- Vanguard Group - Although specific 2026 numbers are not available, Vanguard is traditionally the second-largest global asset manager and wealth management firm with AUM in the range of several trillions.
- Azimut Group - European's largest independent asset manager, Azimut has been growing through acquisitions in 2025, bringing its collective AUM to approximately $20 billion.
Other major players in wealth management consistently appear in the top ranks. These include firms like Franklin Templeton, T. Rowe Price, Invesco, Brookfield, Ares, Blackstone, KKR, TPG, Apollo, and Carlyle. These firms operate broader asset management and private equity businesses with combined AUMs in hundreds of billions to trillions, depending on the firm. Many focus on diverse asset classes such as private equity, credit, real estate, and alternatives.
Here's a summary table of approximate 2025 AUM or rank indications for some of the top firms:
| Firm | Estimated AUM (2025) | Notes | |--------------------|-----------------------------|----------------------------------------| | BlackRock | $12.5 trillion | Largest globally by a large margin | | JPMorgan Asset Mgmt | Several trillions (est.) | Top tier with strong revenue outlook | | Vanguard | Several trillions (est.) | Traditionally second largest globally | | Azimut Group | $20 billion+ | Growing through acquisitions in 2025 | | Franklin Templeton | Hundreds of billions (est.) | Premium valuation, resilient fundamentals | | T. Rowe Price | Hundreds of billions (est.) | Equity-heavy exposures | | Invesco | Hundreds of billions (est.) | Asset-mix transition ongoing | | Brookfield | Hundreds of billions (est.) | Leading PE and alternatives player | | Ares | Hundreds of billions (est.) | Strong credit operations | | Blackstone | Over $1 trillion+ (est.) | Major in PE, real estate, credit |
Edward Jones, with $2.2 trillion worth of client assets under management as of December 31, 2024, and serving more than 9 million customers, also ranks among the top players in wealth management.
As we move towards 2026, these firms are expected to maintain their positions at the top of the global wealth management landscape, with BlackRock leading the pack.
Investing in these top wealth management firms could potentially yield significant returns as global wealth management assets surpass $87 trillion by 2026. Notably, BlackRock, with over $12.5 trillion in assets under management (AUM), is expected to dominate the industry, followed by competitors like JPMorgan Asset Management and Vanguard Group.
