Assets under management have surged for some of the biggest U.S. wealth managers, according to the latest data compiled by Scorpio Partnership for this year's report on global private banking. While J.P. Morgan and Goldman Sachs both enjoyed double-digit increases, the average growth rate among the top 10 U.S. wealth managers was 7.1%, compared with 3.4% among 200 global banks.
Following are the biggest U.S. wealth managers in private banking ranked by 2014 AUM along with percentage increase over 2013. Click through or view as a single page version here.
Scroll down to see the biggest U.S. wealth managers in private banking ranked by 2014 AUM, or click here to see this list as a slide show.
Citi's year-over-year percentage increase is listed as N/A because it changed the scope of its submission to a Scorpio study from the previous year.
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