Top 50 Money Managers

The top-rated money-management firms

The CNBC editorial team presents our inaugural list of the Top 50 Money Managers, with full firm financial and contact information:


View the Methodology

1 Vanguard Group, Inc.
View website
Main office address100 Vanguard Blvd., Malvern, PA 19355
Main office telephone number610-669-1000
Total AUM $3,006,418,628,666
Average account size $12,122,655,761
Total accounts 248
Historical AUM 2014 $2,349,132,049,216
ExecutivesF. William McNabb, President/CEO/Chairman
Paul Heller, Managing Director/CIO
Mortimer Buckley, Managing Director/CIO
2 Pacific Investment Management Co., LLC
View website
Main office address650 Newport Center Drive, Newport Beach, CA 92660
Main office telephone number949-720-6000
Total AUM $1,680,388,656,924
Average account size $688,119,843
Total accounts 2,442
Historical AUM 2014 $1,950,505,793,479
ExecutivesDouglas Hodge, Managing Director, Executive Committee/CEO
Jay Jacobs, President
3 Capital Research and Management Co.
View website
Main office address333 S. Hope St., Los Angeles, CA 90071
Main office telephone number213-486-9200
Total AUM $1,366,308,275,042
Average account size $12,420,984,319
Total accounts 110
Historical AUM 2014 $1,366,308,275,042
ExecutivesRobert Lovelace, Director/President
4 J.P. Morgan Asset Management
View website
Main office address270 Park Ave., New York, NY 10017-2014
Main office telephone number212-648-1999
Total AUM $1,149,337,023,938
Average account size $31,382,929
Total accounts 36,623
Historical AUM 2014 $1,053,257,021,065
ExecutivesJohn Donohue, Director/President/CEO/Managing Director
Lawrence Unrein, Director/CIO-Global Head of Private Equity/Managing Director
Martin Porter, CIO-Global Head of Equities & Balanced Group/Managing Director
5 FMR Co., Inc.
View website
Main office address245 Summer St., Boston, MA 02210
Main office telephone number617-563-7000
Total AUM $918,626,093,485
Average account size $3,280,807,477
Total accounts 280
Historical AUM 2014 $866,594,831,321
ExecutivesAbigail Johnson, Chairman of the Board/Director
Brian Hogan, President
6 Wellington Management Co., LLP
View website
Main office address280 Congress St., Boston, MA 02210
Main office telephone number617-951-5000
Total AUM $892,082,562,869
Average account size $640,403,850
Total accounts 1,393
Historical AUM 2014 $826,186,654,106
ExecutivesBrendan Swords, Chairman/CEO
7 BlackRock Fund Advisors
View website
Main office address400 Howard St., San Francisco, CA 94105
Main office telephone number415-670-2000
Total AUM $863,382,599,875
Average account size $2,230,962,790
Total accounts 387
Historical AUM 2014 $814,146,091,323
ExecutivesLaurence Fink, Chairman/CEO
Robert Kapito, President
Charles Hallac, Co-President
8 T. Rowe Price Associates, Inc.
View website
Main office address100 E. Pratt St., Baltimore, MD 21202
Main office telephone number410-345-2000
Total AUM $742,725,181,411
Average account size $537,039,177
Total accounts 1,383
Historical AUM 2014 $689,290,372,972
ExecutivesJames Kennedy, President/Director
Brian Rogers, CIO/Director
9 Northern Trust Investments, Inc.
View website
Main office address50 S. Lasalle St., Chicago, IL 60603-1008
Main office telephone number312-630-6000
Total AUM $689,807,126,216
Average account size $20,038,552
Total accounts 34,424
Historical AUM 2014 $638,421,013,116
ExecutivesRobert Browne, Executive Vice President/CIO/Director
Stephen Potter, Chairman/President/CEO/Director
William Morrison, President
10 Goldman Sachs Asset Management, LP
View website
Main office address200 West St., New York, NY 10282
Main office telephone number212-902-1000
Total AUM $689,161,119,884
Average account size $15,644,619
Total accounts 44,051
Historical AUM 2014 $614,192,510,644
ExecutivesTimothy O'Neill, Co-Head, Investment Management Division (Co-CEO)
Gary Cohn, President/COO
Lloyd Blankfein, Chairman/CEO
11 Fidelity Investments Money Management, Inc.
View website
Main office address245 Summer St., Boston, MA 02210
Main office telephone number617-563-7000
Total AUM $606,370,441,753
Average account size $4,458,606,189
Total accounts 136
Historical AUM 2014 $603,076,826,762
ExecutivesRobert Brown, Executive VP/President, Bonds
Nancy Prior, President, Fixed Income/Director
Charles Morrison, President, Asset Management/Director
12 Prudential Investment Management, Inc.
View website
Main office addressGateway Center 3, Newark, NJ 07102
Main office telephone number973-367-6335
Total AUM $564,447,896,936
Average account size $808,664,609
Total accounts 698
Historical AUM 2014 $505,561,203,503
ExecutivesDavid Hunt, Chairman/President/CEO
13 Merrill Lynch, Pierce, Fenner & Smith, Inc.
View website
Main office addressOne Bryant Park, New York, NY 10036
Main office telephone number800-637-7455
Total AUM $560,738,628,600
Average account size $352,857
Total accounts 1,589,138
Historical AUM 2014 $485,505,092,670
ExecutivesDavid Darnell, Director/Co-CEO
Thomas Montag, Director/Co-CEO
Brian Moynihan, CEO
14 BlackRock International, Ltd.
View website
Main office address55 E. 52nd St., New York, NY 10055
Main office telephone number212-810-5300
Total AUM $545,799,374,001
Average account size $375,119,845
Total accounts 1,455
Historical AUM 2014 $551,973,506,885
ExecutivesCharles Hallac, Co-President
15 Morgan Stanley
View website
Main office address2000 Westchester Ave., Purchase, NY 10577-2530
Main office telephone number914-225-1000
Total AUM $528,242,751,450
Average account size $346,811
Total accounts 1,523,145
Historical AUM 2014 $460,687,561,459
ExecutivesJeff Swartz, Managing Director
James Gorman, Chairman/CEO
Gregory Fleming, Chairman/CEO/President/Director
16 BlackRock Advisors, LLC
View website
Main office address100 Bellevue Parkway, Wilmington, DE 19809
Main office telephone number302-797-2000
Total AUM $523,611,229,465
Average account size $1,526,563,351
Total accounts 343
Historical AUM 2014 $454,136,940,753
ExecutivesCharles Hallac, Co-President
17 Franklin Advisers, Inc.
View website
Main office addressOne Franklin Parkway, San Mateo, CA 94403-1906
Main office telephone number650-312-3000
Total AUM $516,686,799,810
Average account size $869,843,097
Total accounts 594
Historical AUM 2014 $516,686,799,810
ExecutivesEdward Jamieson, President/CIO/Director
18 AllianceBernstein, LP
View website
Main office address1345 Ave. Of The Americas, New York, NY 10105
Main office telephone number212-969-1000
Total AUM $477,469,880,293
Average account size $13,146,921
Total accounts 36,318
Historical AUM 2014 $430,678,782,541
ExecutivesPeter Kraus, Chairman/CEO
James MacGregor, CIO, Small and Mid-Cap Value Equities
Michael DePalma, CIO, Quantitative Investment Strategies
19 Invesco Advisers, Inc.
View website
Main office address1555 Peachtree St., N.E., Atlanta, GA 30309
Main office telephone number404-892-0896
Total AUM $430,501,723,860
Average account size $21,174,646
Total accounts 20,331
Historical AUM 2014 $422,273,416,382
ExecutivesScott Wolle, Portfolio Manager/CIO, Invesco Global Asset Allocation
Kevin Holt, CIO, US Value Equities/Senior Portfolio Manager
Bernhard Langer, CIO, Invesco Quantitative Strategies
20 Strategic Advisers, Inc.
View website
Main office address245 Summer St., V10G, Boston, MA 2210
Main office telephone number617-563-7000
Total AUM $427,629,100,000
Average account size $771,676
Total accounts 554,156
Historical AUM 2014 $388,655,100,000
ExecutivesBruce Herring, President
Charles Morrison, President, Asset Management
Brian Hogan, President, Equity Group-Fidelity Investments
21 Dimensional Fund Advisors, LP
View website
Main office address6300 Bee Cave Rd., Austin, TX 78746
Main office telephone number512-306-7400
Total AUM $418,414,534,963
Average account size $1,070,113,900
Total accounts 391
Historical AUM 2014 $347,183,778,153
ExecutivesPeng Chen, CEO, Dimensional Asia except Japan
John Alkire, CEO, Dimensional Japan Ltd. (Japan)
22 M&G Investment Management, Ltd.
View website
Main office addressGovernor's House, London, England EC4R OHH
Main office telephone number0207 004 4339
Total AUM $389,386,854,402
Average account size $4,056,113,067
Total accounts 96
Historical AUM 2014 $400,017,746,665
ExecutivesMichael McLintock, CEO
23 SSGA Funds Management, Inc.
View website
Main office addressState Street Financial Center, Boston, MA 02111-2900
Main office telephone number617-786-3000
Total AUM $377,818,549,720
Average account size $1,447,580,650
Total accounts 261
Historical AUM 2014 $335,301,905,230
ExecutivesEllen Needham, President
Richard Lacaille, Global CIO
24 Wells Fargo Advisors, LLC
View website
Main office addressOne N. Jefferson Ave., St. Louis, MO 63103-2205
Main office telephone number314-875-3000
Total AUM $375,929,010,328
Average account size $287,634
Total accounts 1,306,969
Historical AUM 2014 $334,760,959,476
ExecutivesMary Mack, President/Head
25 UBS Financial Services, Inc.
View website
Main office address1200 Harbor Blvd., Weehawken, NJ 07086
Main office telephone number201-352-3000
Total AUM $372,065,009,168
Average account size $449,208
Total accounts 828,269
Historical AUM 2014 $272,282,361,842
ExecutivesRobert McCann, President, Wealth Management Americas/President, Americas
Pieter de Gelder, CEO
John Fraser, Chairman/CEO, Global Asset Management
26 Western Asset Management Co.
View website
Main office address385 E. Colorado Blvd., Pasadena, CA 91101
Main office telephone number626-844-9400
Total AUM $371,108,047,552
Average account size $539,401,232
Total accounts 688
Historical AUM 2014 $379,353,034,849
ExecutivesJames Hirschmann, Director/CEO/President
27 Nomura Asset Management Co., Ltd.
View website
Main office address1-12-1, Nihonbashi, Chuo-Ku, Tokyo, 103-8260
Main office telephone number81 (3) 3241-9511
Total AUM $353,409,366,705
Average account size $254,801,274
Total accounts 1,387
Historical AUM 2014 $305,976,204,027
ExecutivesKunio Watanabe, President/CEO
28 Columbia Management Investment Advisers, LLC
View website
Main office address225 Franklin St., Boston, MA 02110
Main office telephone number800-225-2365
Total AUM $345,246,586,352
Average account size $98,867,866
Total accounts 3,492
Historical AUM 2014 $336,623,214,802
ExecutivesWilliam Truscott, Chairman of the Board/President
James Cracchiolo, Chairman/CEO
Randy Kupper, Executive VP/Chief Information Officer
29 Wells Capital Management, Inc.
View website
Main office address525 Market St., San Francisco, CA 94105
Main office telephone number415-396-8000
Total AUM $335,702,447,314
Average account size $221,439,609
Total accounts 1,516
Historical AUM 2014 $340,143,415,881
ExecutivesKirk Hartman, Director/President/CIO
30 State Street Global Advisors, Ltd.
View website
Main office address20 Churchill Place, London, E14 5HJ
Main office telephone number44-20-3395-6000
Total AUM $334,409,699,800
Average account size $211,785,750
Total accounts 1,579
Historical AUM 2014 $327,614,268,694
ExecutivesRichard Lacaille, CIO
Scott Powers, President/CEO
John Kearney, President/CIO
31 AIG Asset Management (U.S.), LLC
View website
Main office address80 Pine St., New York, NY 10005
Main office telephone number212-770-7000
Total AUM $329,299,765,175
Average account size $2,863,476,219
Total accounts 115
Historical AUM 2014 $332,000,000,000
ExecutivesPeter D. Hancock, President/CEO
David Herzog, Executive VP/CFO
Philip Fasano, Executive VP/CIO
32 J.P. Morgan Asset Management London
View website
Main office address60 Victoria Embankment, London, EC4Y 0JP
Main office telephone number44-207-742-6000
Total AUM $309,546,916,809
Average account size $504,970,501
Total accounts 613
Historical AUM 2014 $146,410,729,280
ExecutivesRichard Titherington, CIO/Head, Emerging Markets & Asia Pacific Equities-U.K.
Peter Schwicht, CEO/Director
33 Mellon Capital Management Corp.
View website
Main office address50 Fremont St., San Francisco, CA 94105
Main office telephone number415-546-6056
Total AUM $296,054,335,685
Average account size $410,616,277
Total accounts 721
Historical AUM 2014 $270,212,073,605
ExecutivesGabriela Parcella, Chairman/President/CEO
Jeff Zhang, Executive VP/CIO
34 The Dreyfus Corp.
View website
Main office address200 Park Ave., New York, NY 10166
Main office telephone number212-922-6000
Total AUM $293,921,204,279
Average account size $1,660,571,776
Total accounts 177
Historical AUM 2014 $299,301,136,044
ExecutivesBart Grenier, CEO/CIO
Oliver Buckley, CEO/CIO, Franklin Portfolio Associates
35 MFS Investment Management
View website
Main office address111 Huntington Ave., Boston, MA 02199-7618
Main office telephone number617-954-5000
Total AUM $293,768,124,568
Average account size $793,967,904
Total accounts 370
Historical AUM 2014 $269,473,507,237
ExecutivesMichael Roberge, Co-CEO/President/CIO
Robert Manning, Co-CEO/Chairman
36 Prudential Investments, LLC
View website
Main office address100 Mulberry St., 14th Fl., Newark, NJ 07102
Main office telephone number973-367-6608
Total AUM $270,187,307,439
Average account size $1,437,166,529
Total accounts 188
Historical AUM 2014 $260,815,909,033
ExecutivesStuart Parker, Officer-In-Charge/CEO/COO/President
David Hunt, CEO
David Durning, President/CEO
37 Dodge & Cox
View website
Main office address555 California St., San Francisco, CA 94104
Main office telephone number415-981-1710
Total AUM $269,573,792,107
Average account size $316,772,964
Total accounts 851
Historical AUM 2014 $224,416,612,561
ExecutivesCharles Pohl, Chairman/CIO
Dana Emery, CEO/President/Director of Fixed Income
38 Charles Schwab Investment Management, Inc.
View website
Main office address211 Main St., San Francisco, CA 94105
Main office telephone number415-667-9200
Total AUM $267,462,000,000
Average account size $204,794,793
Total accounts 1,306
Historical AUM 2014 $248,493,000,000
ExecutivesMarie Chandoha, President/CEO
Omar Aguilar, Senior VP/CIO, Equities
Brett Wander, Senior VP, CIO, Fixed Income
39 Morgan Stanley Investment Management, Inc.
View website
Main office address522 Fifth Ave., New York, NY 10036
Main office telephone number212-296-6600
Total AUM $257,359,021,438
Average account size $638,607,994
Total accounts 403
Historical AUM 2014 $234,592,520,770
ExecutivesGregory Fleming, President/Managing Director
David Boyle, CIO
Mustafa Jama, CIO
40 Wells Fargo Funds Management, LLC
View website
Main office address525 Market St., 12th Fl., San Francisco, CA 94105-2724
Main office telephone number415-396-6122
Total AUM $254,505,291,756
Average account size $40,976,540
Total accounts 6,211
Historical AUM 2014 $252,688,103,767
ExecutivesKarla Rabusch, Head/Executive VP, Wells Fargo & Co.
41 Federated Investment Management Co.
View website
Main office addressFederated Investors Tower, Pittsburgh, PA 15222-3779
Main office telephone number412-288-1900
Total AUM $244,558,249,388
Average account size $2,285,591,116
Total accounts 107
Historical AUM 2014 $253,552,565,895
ExecutivesMary Ochson, Senior VP/CIO, Tax-Free Money Markets
John Fisher, Trustee/President/CEO
42 Legg Mason Partners Fund Advisor, LLC
View website
Main office address620 Eighth Ave., 49th Fl., New York, NY 10018
Main office telephone number212-805-6016
Total AUM $243,396,666,757
Average account size $1,714,061,034
Total accounts 142
Historical AUM 2014 $244,901,509,213
ExecutivesJane Trust, President/CEO
43 TIAA-CREF Investment Management, LLC
View website
Main office address730 Third Ave., New York, NY 10017-3206
Main office telephone number212-490-9000
Total AUM $240,637,101,884
Average account size $30,079,637,736
Total accounts 8
Historical AUM 2014 $238,376,619,735
ExecutivesRobert Leary, President/CEO
44 Goldman Sachs Asset Management International
View website
Main office addressRiver Court, London, EC4A 2BE
Main office telephone number011-44-207-774-1000
Total AUM $235,159,165,344
Average account size $320,817,415
Total accounts 733
Historical AUM 2014 $203,161,660,162
ExecutivesAndrew Wilson, CEO/Director
45 Hamilton Lane
View website
Main office addressOne Presidential Blvd., 4th Fl., Bala Cynwyd, PA 19004
Main office telephone number610-934-2222
Total AUM $224,552,642,625
Average account size $1,297,992,154
Total accounts 173
Historical AUM 2014 $187,029,486,896
ExecutivesMario Giannini, CEO/Director
Erik Hirsch, CIO/Director
46 Bridgewater Associates, LP
View website
Main office addressOne Glendinning Place, Westport, CT 06880
Main office telephone number203-226-3030
Total AUM $219,117,421,080
Average account size $1,543,080,430
Total accounts 142
Historical AUM 2014 $196,577,518,270
ExecutivesGregory Jensen, Co-CEO/Co-CIO/Portfolio Manager/Member of Mgmt. Committee
Raymond Dalio, Founder/Co-CIO/Portfolio Manager/Chairman
47 Loomis, Sayles & Co., LP
View website
Main office addressOne Financial Center, Boston, MA 02111-2621
Main office telephone number617-482-2450
Total AUM $218,986,543,793
Average account size $230,998,464
Total accounts 948
Historical AUM 2014 $193,876,470,657
ExecutivesKevin Charleston, CEO/President
David Waldman, Deputy CIO
48 NYL Investors, LLC
View website
Main office address51 Madison Ave., New York, NY 10010
Main office telephone number212-576-7000
Total AUM $214,649,062,247
Average account size $2,384,989,581
Total accounts 90
Historical AUM 2014 $211,755,783,758
ExecutivesAnthony Malloy, CEO/Chairman of the Board/Manager
49 Deutsche Investment Management Americas, Inc.
View website
Main office address345 Park Ave., New York, NY 10154
Main office telephone number212-250-2447
Total AUM $213,914,955,907
Average account size $230,760,470
Total accounts 927
Historical AUM 2014 $204,947,913,647
ExecutivesJoseph Sarbinowski, CEO
Randy Brown, Co-CIO, Asset Management
50 BlackRock Investment Management, LLC
View website
Main office address1 University Square Drive, Princeton, NJ 08540
Main office telephone number609-282-2000
Total AUM $212,735,024,174
Average account size $8,134,871
Total accounts 26,151
Historical AUM 2014 $211,416,273,030
ExecutivesLaurence Fink, Chairman/CEO
Robert Kapito, President

Methodology:


The CNBC Digital editorial team, along with Meridian-IQ, created the following ranking methodology for its Top 50 Money Managers rankings. The money management firms were ranked by the following:


  • Total assets under management.
  • Average account size.
  • Total number of accounts.
  • 2014 assets under management.

Back to the top