Merrill Lynch
$1.5T reported client assets across 83 advisory firms in FY2019 annual amendments
Reported client assets over time
$1.2T
$1.5T
2017
2019
Same-firm comparison: 59 firms that reported Merrill Lynch in both FY2018 and FY2019 annual amendments (ADV Item 5.K.(3)). Fiscal years come directly from the SEC filing-type table; filing dates are not used as a year-end proxy. 2017 is shown but partial — only FY2017: 39 cohort firms.
| Advisory firm | RAUM at custodian | Firm total AUM | Share | As of |
|---|---|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $955B | $962B | 99.2% | 03/23/2020 |
| Managed Account Advisors Llc | $427B | $447B | 95.7% | 03/23/2020 |
| Blackrock Investment Management, Llc | $57.7B | $315B | 18.3% | 03/26/2020 |
| Eaton Vance Management | $16.7B | $109B | 15.3% | 01/29/2020 |
| Franklin Templeton Private Portfolio Group, Llc | $14.0B | $82.3B | 17.0% | 06/27/2019 |
| Gw&K Investment Management, Llc | $8.7B | $42.6B | 20.5% | 03/26/2020 |
| Nuveen Asset Management, Llc | $7.6B | $210B | 3.6% | 03/25/2020 |
| Clearbridge Investments, Llc | $7.3B | $142B | 5.1% | 06/26/2019 |
| Lord, Abbett & Co. Llc | $7.2B | $208B | 3.5% | 12/20/2019 |
| Capital Research And Management Company | $2.9B | $2.2T | 0.1% | 09/27/2019 |
| Natixis Advisors, Llc | $2.4B | $27.9B | 8.6% | 03/31/2020 |
| Cresset Asset Management, Llc | $2.4B | $6.5B | 36.4% | 03/25/2020 |
| Gsa Capital Partners Llp | $2.0B | $47.0B | 4.3% | 06/28/2019 |
| Willis Investment Counsel Inc | $1.9B | $2.6B | 73.9% | 03/27/2020 |
| Spectrum Asset Management, Inc. | $1.6B | $23.1B | 6.9% | 03/16/2020 |
| Appleton Partners, Inc. | $1.3B | $11.2B | 11.5% | 03/17/2020 |
| New York Life Investment Management Llc | $1.2B | $94.0B | 1.3% | 03/30/2020 |
| Aqs Asset Management, L.L.C. | $1.2B | $2.7B | 43.2% | 02/19/2020 |
| Stamos Capital Partners, L.P. | $927M | $4.2B | 22.3% | 03/27/2020 |
| Cannell & Spears Llc | $627M | $1.5B | 43.2% | 03/09/2020 |
| Joel R. Mogy Investment Counsel Inc. | $513M | $1.0B | 51.1% | 04/16/2019 |
| Coastedge Partners, Llc | $512M | $1.7B | 29.8% | 03/31/2020 |
| Savoie Capital Llc | $411M | $1.1B | 37.1% | 01/23/2020 |
| Pacific Global Investment Management Company | $383M | $597M | 64.0% | 04/30/2020 |
| Proficio Capital Partners Llc | $304M | $1.1B | 27.9% | 03/31/2020 |
| Perceptive Advisors Llc. | $213M | $8.1B | 2.6% | 03/30/2020 |
| Mg Financial Llc | $204M | $1.2B | 17.3% | 03/28/2020 |
| Donald Smith & Co., Inc. | $201M | $3.0B | 6.8% | 03/12/2020 |
| Mana Advisors Llc | $196M | $375M | 52.4% | 03/27/2020 |
| Blackstone Tactical Opportunities Advisors L.L.C. | $188M | $30.7B | 0.6% | 03/30/2020 |
| Lindsell Train Limited | $174M | $21.4B | 0.8% | 04/29/2019 |
| Point Bridge Capital, Llc | $167M | $268M | 62.3% | 03/07/2020 |
| Veltria Advisors Corp. | $163M | $539M | 30.1% | 03/25/2020 |
| Clinton Investment Management, Llc | $158M | $749M | 21.1% | 03/25/2020 |
| Independent Investors Inc | $155M | $325M | 47.5% | 03/20/2020 |
| Foundation Resource Management, Inc. | $143M | $1.3B | 11.3% | 03/25/2020 |
| Cornerstone Capital, Inc. | $138M | $1.1B | 12.8% | 03/30/2020 |
| Contrarian Capital Management Llc | $135M | $6.0B | 2.2% | 03/30/2020 |
| Mengis Capital Management, Inc. | $124M | $491M | 25.3% | 02/13/2020 |
| Federated Global Investment Management Corp. | $118M | $22.4B | 0.5% | 03/17/2020 |
| Summit Partners Public Asset Management, Llc | $105M | $1.4B | 7.4% | 03/27/2020 |
| Orei Advisors Lp | $99.0M | $586M | 16.9% | 03/30/2020 |
| Pettee Investors Inc | $86.4M | $194M | 44.7% | 03/03/2020 |
| Mountaineer Partners Management, Llc | $82.7M | $186M | 44.4% | 03/26/2020 |
| Makrana Capital Management Pte Ltd | $81.1M | $333M | 24.3% | 03/30/2020 |
| C. C. Dunnavan & Co., Inc. | $78.0M | $242M | 32.3% | 03/26/2020 |
| Wildcat Capital Management, Llc | $77.1M | $3.3B | 2.3% | 03/30/2020 |
| East Coast Asset Management, Llc | $74.9M | $498M | 15.0% | 03/27/2020 |
| Ldr Capital Management, Llc | $72.4M | $635M | 11.4% | 03/27/2020 |
| Thomas J. Herzfeld Advisors, Inc. | $66.0M | $390M | 17.0% | 03/30/2020 |
| One68 Global Capital, Llc | $50.0M | $148M | 33.8% | 03/19/2020 |
| Argyle Capital Management, Llc | $46.1M | $323M | 14.3% | 03/23/2020 |
| Gmt Capital Corp. | $43.7M | $5.9B | 0.7% | 03/29/2020 |
| Kenney Investments Inc | $42.1M | $200M | 21.1% | 04/01/2020 |
| Snowcap Capital Management, Llc | $42.0M | $194M | 21.7% | 03/31/2020 |
| N | $41.7M | $133M | 31.2% | 01/31/2020 |
| Standard Investments Llc | $41.6M | $3.4B | 1.2% | 03/16/2020 |
| V3 Limited Llc | $41.0M | $243M | 16.9% | 03/30/2020 |
| Alerce Investment Management, L.P. | $40.8M | $210M | 19.4% | 03/29/2020 |
| Dragus Capital, Llc | $37.9M | $202M | 18.8% | 03/16/2020 |
| Capital Formation Advisers Llc | $37.7M | $47.5M | 79.3% | 03/02/2020 |
| Longtail Alpha, Llc | $32.4M | $381M | 8.5% | 05/14/2020 |
| Parkview Us Llc | $31.0M | $240M | 12.9% | 03/05/2020 |
| Reik & Co., Llc | $30.7M | $394M | 7.8% | 03/16/2020 |
| Majority Asset Management, Inc. | $27.1M | $38.8M | 69.8% | 03/30/2020 |
| N | $25.0M | $180M | 13.9% | 03/24/2020 |
| Glynn Capital Management, Llc | $24.9M | $1.3B | 1.9% | 03/16/2020 |
| Meridiana Mfo Llc | $24.5M | $149M | 16.4% | 05/05/2020 |
| Nishkama Capital Llc | $20.7M | $365M | 5.7% | 03/23/2020 |
| Glassman Wealth Management Llc | $18.4M | $45.7M | 40.2% | 01/21/2020 |
| Clutinger Williams & Verhoye Inc | $17.1M | $129M | 13.2% | 09/23/2019 |
| North Shore Private Asset Management, Llc | $16.3M | $255M | 6.4% | 03/30/2020 |
| Cain Capital L.L.C. | $15.9M | $133M | 12.0% | 03/26/2020 |
| Seaport Global Asset Management Llc | $15.0M | $167M | 9.0% | 03/30/2020 |
| Zock Robert A & Co Inc | $12.3M | $131M | 9.4% | 03/30/2020 |
| Promethos Capital, Llc | $12.0M | $25.5M | 47.0% | 03/30/2020 |
| Branson Frank A Inc | $10.3M | $256M | 4.0% | 02/19/2020 |
| Padovani Asset Management, Inc. | $6.7M | $118M | 5.7% | 03/27/2020 |
| Fourthstone Llc | $5.4M | $271M | 2.0% | 03/30/2020 |
| Kkm Financial Llc | $4.3M | $249M | 1.7% | 03/31/2020 |
| Wallace Capital Management, Inc. | $3.3M | $973M | 0.3% | 03/30/2020 |
| Barington Companies Investors, Llc | $1.0M | $101M | 1.0% | 03/30/2020 |
| South Street Advisors, Llc | $380K | $534M | 0.1% | 03/30/2020 |
From Form ADV Schedule D 5.K.(3): custodians named at the 10%-of-SMA-assets threshold, with reported dollar amounts. "Share" is reported amount as a share of the firm's total regulatory AUM.