| Rank |
Company |
Revenue ($ millions) |
Assets |
| # 1 |
Morgan Stanley |
23,528 |
814,949 |
| # 2 |
StoneX Group Inc. |
17,429 |
6,291 |
| # 3 |
Ameriprise Financial Inc. |
11,735 |
139,821 |
| # 4 |
Goldman Sachs Group Inc. (The) |
11,194 |
860,165 |
| # 5 |
BlackRock Inc. |
11,155 |
220,177 |
| # 6 |
Jefferies Financial Group Inc. |
10,875 |
45,071 |
| # 7 |
Charles Schwab Corporation (The) |
7,478 |
223,383 |
| # 8 |
JONES FINANCIAL COMPANIES LLLP |
6,632 |
19,424 |
| # 9 |
Franklin Resources Inc. |
6,421 |
16,210 |
| # 10 |
Intercontinental Exchange, Inc. |
5,958 |
82,003 |
| # 11 |
Raymond James Financial Inc. |
5,748 |
31,669 |
| # 12 |
Blackstone Inc. |
5,126 |
26,403 |
| # 13 |
Invesco Ltd. |
4,734 |
25,734 |
| # 14 |
Navient Corporation |
4,450 |
121,136 |
| # 15 |
PRICE T ROWE GROUP INC |
4,223 |
6,225 |
| # 16 |
LPL Financial Holdings Inc. |
4,049 |
4,835 |
| # 17 |
Nasdaq Inc. |
3,705 |
14,150 |
| # 18 |
CME Group Inc. |
3,595 |
69,369 |
| # 19 |
JEFFERIES GROUP LLC |
3,234 |
36,941 |
| # 20 |
ALLIANCEBERNSTEIN L.P. |
3,038 |
8,740 |
| # 21 |
Legg Mason, Inc. |
2,661 |
4,190 |
| # 22 |
Stifel Financial Corporation |
2,642 |
19,129 |
| # 23 |
BGC Group, Inc. |
2,613 |
3,508 |
| # 24 |
Lazard, Inc. |
2,384 |
4,557 |
| # 25 |
LAZARD GROUP LLC |
2,384 |
3,516 |
| # 26 |
Carlyle Group Inc. |
2,274 |
9,973 |
| # 27 |
Affiliated Managers Group Inc. |
2,195 |
8,749 |
| # 28 |
Apollo Asset Management, Inc. |
1,970 |
5,630 |
| # 29 |
Interactive Brokers Group, Inc. |
1,475 |
54,673 |
| # 30 |
TD Ameritrade Holding Corporation |
1,461 |
28,834 |
| # 31 |
Evercore Inc. |
1,457 |
1,662 |
| # 32 |
KCG Holdings Inc |
1,454 |
6,261 |
| # 33 |
SEI Investments Company |
1,402 |
1,637 |
| # 34 |
Eaton Vance Corporation |
1,366 |
1,759 |
| # 35 |
Waddell & Reed Financial, Inc. |
1,239 |
1,406 |
| # 36 |
Ares Management Corp |
1,199 |
5,830 |
| # 37 |
Fortress Investment Group LLC |
1,164 |
2,201 |
| # 38 |
Federated Hermes Inc. |
1,143 |
1,155 |
| # 39 |
Brookfield Oaktree Holdings, LLC |
1,126 |
7,649 |
| # 40 |
Ladenburg Thalmann Financial Services Inc |
1,107 |
546 |
| # 41 |
Janus Capital Group Inc |
1,011 |
2,950 |
| # 42 |
Oppenheimer Holdings Inc. |
858 |
2,237 |
| # 43 |
Houlihan Lokey Inc. |
801 |
1,093 |
| # 44 |
Morningstar, Inc. |
799 |
1,351 |
| # 45 |
Sculptor Capital Management, Inc. |
770 |
1,486 |
| # 46 |
Piper Sandler Companies |
770 |
2,126 |
| # 47 |
Artisan Partners Asset Management Inc. |
721 |
936 |
| # 48 |
Virtu Financial, Inc. |
702 |
3,692 |
| # 49 |
United States Oil Fund, LP |
692 |
3,283 |
| # 50 |
BrightSphere Investment Group plc |
664 |
1,294 |
| # 51 |
Cboe Global Markets, Inc. |
657 |
477 |
| # 52 |
Moelis & Co |
613 |
599 |
| # 53 |
PJT Partners Inc. |
499 |
590 |
| # 54 |
Cowen Inc. |
472 |
2,019 |
| # 55 |
VIRTU ITG HOLDINGS LLC |
469 |
775 |
| # 56 |
Financial Engines Inc |
424 |
840 |
| # 57 |
GAIN Capital Holdings, Inc. |
412 |
1,430 |
| # 58 |
DigitalBridge Group, Inc. |
399 |
851 |
| # 59 |
MarketAxess Holdings Inc. |
370 |
528 |
| # 60 |
GAMCO INVESTORS, INC. ET AL |
353 |
149 |
| # 61 |
Cohen & Steers Inc |
350 |
334 |
| # 62 |
KKR & Co. Inc. |
347 |
39,003 |
| # 63 |
GREENHILL & CO INC |
336 |
457 |
| # 64 |
Virtus Investment Partners Inc. |
323 |
824 |
| # 65 |
Global Brokerage, Inc. |
284 |
1,039 |
| # 66 |
Manning & Napier, Inc. |
249 |
221 |
| # 67 |
WisdomTree, Inc. |
219 |
250 |
| # 68 |
B. Riley Financial, Inc. |
190 |
265 |
| # 69 |
National Holdings Corporation |
179 |
57 |
| # 70 |
JMP Group LLC |
169 |
1,126 |
| # 71 |
Diamond Hill Investment Group Inc. |
136 |
200 |
| # 72 |
Westwood Holdings Group Inc |
123 |
180 |
| # 73 |
FBR & Co |
120 |
1,038 |
| # 74 |
Pzena Investment Management Inc |
108 |
179 |
| # 75 |
United States Natural Gas Fund, LP |
105 |
610 |
| # 76 |
ALT5 Sigma Corp |
104 |
42 |
| # 77 |
Fifth Street Asset Management Inc. |
83 |
179 |
| # 78 |
Silvercrest Asset Management Group Inc. |
80 |
112 |
| # 79 |
Medley Management Inc. |
76 |
122 |
| # 80 |
Medley LLC |
76 |
121 |
| # 81 |
Cohen & Co Inc. |
55 |
561 |
| # 82 |
Hennessy Advisors Inc. |
52 |
86 |
| # 83 |
GlassBridge Enterprises, Inc. |
44 |
71 |
| # 84 |
Value Line Inc. |
42 |
87 |
| # 85 |
Horizon Kinetics Holding Corp |
35 |
22 |
| # 86 |
GLOBAL MACRO TRUST |
35 |
231 |
| # 87 |
ZAIS GROUP HOLDINGS, INC. |
32 |
514 |
| # 88 |
Associated Capital Group, Inc. |
31 |
953 |
| # 89 |
MILLBURN MULTI-MARKETS FUND L.P. |
31 |
|
| # 90 |
United States 12 Month Oil Fund, LP |
30 |
142 |
| # 91 |
ISHARES GOLD TRUST |
25 |
|
| # 92 |
ML WINTON FUTURESACCESS LLC |
25 |
918 |
| # 93 |
NESTOR PARTNERS |
23 |
159 |
| # 94 |
LOCORR FUTURES PORTFOLIO FUND L.P. |
22 |
588 |
| # 95 |
Capital Financial Holdings, Inc |
18 |
5 |
| # 96 |
CERES TACTICAL COMMODITY L.P. |
14 |
106 |
| # 97 |
ASPIRITY HOLDINGS LLC |
14 |
2 |
| # 98 |
Siebert Financial Corp. |
10 |
4 |
| # 99 |
MANAGED FUTURES PREMIER WARRINGTON L.P. |
8 |
74 |
| # 100 |
U.S. Global Investors Inc. |
7 |
27 |