AUMdb

Custodians

Ranked by FY2025 reported client assets held — from Form ADV Schedule D 5.K.(3), where advisers name every custodian holding 10%+ of their separately-managed-account assets and the dollar amount.

#CustodianReported RAUM at custodianAdvisory firms
151 Fifth Third Securities, Inc. $5.0B 10
152 Barclays Capital Inc. $5.0B 7
153 Voya Financial $5.0B 14
154 Sei Investmentmanagement Corporation $4.9B 9
155 Keybank National Association $4.8B 7
156 Brown Brothers Harriman Investment Services (Japan) Inc. $4.8B 5
157 Umb Financial Services, Inc. $4.7B 8
158 U.S. Bancorp Asset Management $4.6B 3
159 Exeter Trust Company $4.6B 2
160 Ingalls & Snyder, Llc $4.5B 1
161 Johnson Bank $4.3B 2
162 Nationwide Life Insurance Company $4.3B 2
163 Zions Bank $4.2B 1
164 Huntington National Bank $4.2B 8
165 Royal Bank Of Canada (Channel Islands) Limited $4.0B 6
166 Umb Bank $4.0B 5
167 Efg Bank Ltd. $4.0B 2
168 John Hancock Financial Network $4.0B 1
169 Stonehage Fleming Dealing And Treasury Services (Jersey) Limited $3.9B 1
170 Hdfc Bank $3.8B 2
171 Southstate Bank, N.A. $3.8B 1
172 Bnp Paribas, New York Branch $3.7B 1
173 Mitsubishi Ufj Financial Group, Inc $3.6B 1
174 National Bank Financial Inc. $3.5B 6
175 Cme Group $3.5B 1
176 China Merchants Bank Co., Ltd. $3.5B 1
177 Mitsubishi Ufj Investor Services & Banking (Luxembourg) S.A. $3.5B 4
178 Tiaa/Cref $3.5B 5
179 Jefferies Llc $3.4B 18
180 Capital Group $3.4B 41
181 Cidel Trust Company Canada $3.4B 1
182 Computershare Corporate Trust $3.4B 6
183 Zürcher Kantonalbank $3.3B 4
184 Royal Bank Of Canada $3.3B 10
185 Bnp Paribas Fund Services Australasia Pty Ltd $3.3B 3
186 Pnc Wealth Management $3.3B 9
187 M&T Bank $3.2B 4
188 Union Bank & Trust Company $3.2B 1
189 Bank Vontobel Ag $3.2B 14
190 Fidelity Institutional Wealth Services $3.1B 7
191 Fidelity Institutional $3.1B 5
192 Smbc Nikko Bank (Luxembourg) S.A. $3.0B 1
193 Bank Julius Baer & Co. Ltd. $3.0B 10
194 Great Plains Trust Company $3.0B 1
195 Banco Santander International $3.0B 10
196 Mufg Alternative Fund Services (Cayman) Ltd $2.9B 4
197 Icici Bank Limited $2.9B 3
198 Ascensus, Inc. $2.8B 3
199 Fmr Llc $2.8B 2
200 Frost National Bank $2.8B 3

Uses each firm's latest annual updating amendment for FY2025. Custodian families include separately reported subsidiaries or acquired platforms. Covers advisers with separately managed accounts naming a custodian at the 10%+ threshold. Brochure-mined custodians without amounts appear on individual firm pages.