Special Report

The World's Biggest Asset Management Firms in 2021

Source: Courtesy of Franklin Templeton

20. Franklin Resources (operating as Franklin Templeton)
> Assets under management, 12/31/2021: $1,578,100,000
> Year-over-year change in assets: 5%
> Country: US

Source: Stephen Chernin / Getty Images News via Getty Images

19. Bank of America
> Assets under management, 9/30/2021: $1,578,630,000*
> Year-over-year change in assets: 23%
> Country: US

*Total client balances were $3,692,833,000

Source: Nikada / iStock Unreleased via Getty Images

18. Morgan Stanley
> Assets under management, 12/31/2021: $1,565,000,000*
> Year-over-year change in assets: N/A
> Country: US

*Including wealth management client assets of $4,900,000,000, total client assets under management were $6,465,000,000.

Source: RiverNorthPhotography / Getty Images

17. T. Rowe Price
> Assets under management, 9/30/2021: $1,612,300,000
> Year-over-year change in assets: 23%
> Country: US

Source: Raysonho @ Open Grid Scheduler / Scalable Grid Engine / Wikimedia Commons

16. Edward Jones Investments
> Assets under management, 6/25/2021: $1,700,000,000
> Year-over-year change in assets: N/A
> Country: US

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