| Rank |
Company |
Revenue
($ millions) |
Assets |
| # 1 |
Morgan Stanley |
28,653 |
853,531 |
| # 2 |
StoneX Group Inc. |
19,704 |
0 |
| # 3 |
Goldman Sachs Group Inc. (The) |
15,846 |
931,796 |
| # 4 |
BlackRock Inc. |
14,198 |
159,573 |
| # 5 |
Ameriprise Financial Inc. |
12,924 |
137,216 |
| # 6 |
Charles Schwab Corporation (The) |
10,132 |
296,482 |
| # 7 |
JONES FINANCIAL COMPANIES LLLP |
8,594 |
15,815 |
| # 8 |
Raymond James Financial Inc. |
7,714 |
38,544 |
| # 9 |
Jefferies Financial Group Inc. |
6,844 |
48,959 |
| # 10 |
Blackstone Inc. |
6,833 |
28,925 |
| # 11 |
Intercontinental Exchange Inc. |
6,276 |
92,791 |
| # 12 |
Franklin Resources Inc. |
6,115 |
13,951 |
| # 13 |
PRICE T ROWE GROUP INC |
5,373 |
7,689 |
| # 14 |
Legg Mason, Inc. |
5,351 |
3,586 |
| # 15 |
Invesco Ltd |
5,314 |
30,978 |
| # 16 |
LPL Financial Holdings Inc. |
5,188 |
5,477 |
| # 17 |
Navient Corporation |
4,908 |
104,176 |
| # 18 |
JEFFERIES GROUP LLC |
4,430 |
41,169 |
| # 19 |
CME Group Inc. |
4,309 |
77,476 |
| # 20 |
Nasdaq Inc. |
4,277 |
15,700 |
| # 21 |
ALLIANCEBERNSTEIN L.P. |
3,420 |
8,789 |
| # 22 |
Stifel Financial Corporation |
3,195 |
24,520 |
| # 23 |
Lazard Inc. |
2,885 |
4,997 |
| # 24 |
LAZARD GROUP LLC |
2,879 |
4,389 |
| # 25 |
Cboe Global Markets Inc. |
2,769 |
5,321 |
| # 26 |
DigitalBridge Group Inc. |
2,665 |
22,215 |
| # 27 |
The Carlyle Group Inc. |
2,427 |
12,914 |
| # 28 |
KKR & Co. Inc. |
2,396 |
50,743 |
| # 29 |
Affiliated Managers Group Inc. |
2,378 |
8,219 |
| # 30 |
Interactive Brokers Group Inc. |
2,366 |
60,547 |
| # 31 |
Janus Henderson Group plc |
2,306 |
6,912 |
| # 32 |
TD Ameritrade Holding Corporation |
2,152 |
37,191 |
| # 33 |
Evercore Inc. |
2,082 |
2,126 |
| # 34 |
BGC Group Inc. |
1,938 |
3,433 |
| # 35 |
Virtu Financial Inc. |
1,879 |
7,381 |
| # 36 |
Eaton Vance Corporation |
1,687 |
3,336 |
| # 37 |
SEI Investments Company |
1,624 |
1,972 |
| # 38 |
Ladenburg Thalmann Financial Services Inc |
1,391 |
741 |
| # 39 |
Brookfield Oaktree Holdings, LLC |
1,386 |
10,432 |
| # 40 |
Ares Management Corporation |
1,218 |
10,155 |
| # 41 |
Waddell & Reed Financial, Inc. |
1,160 |
1,344 |
| # 42 |
Federated Hermes Inc. |
1,136 |
1,544 |
| # 43 |
Apollo Asset Management, Inc. |
1,093 |
5,992 |
| # 44 |
Houlihan Lokey Inc. |
1,049 |
1,260 |
| # 45 |
Morningstar Inc. |
1,020 |
1,454 |
| # 46 |
Cowen Inc. |
967 |
3,346 |
| # 47 |
Oppenheimer Holdings Inc. |
958 |
2,240 |
| # 48 |
BrightSphere Investment Group plc |
928 |
1,554 |
| # 49 |
Focus Financial Partners Inc. |
911 |
1,938 |
| # 50 |
Moelis & Company |
886 |
914 |
| # 51 |
Artisan Partners Asset Management Inc. |
829 |
805 |
| # 52 |
Piper Sandler Companies |
801 |
1,345 |
| # 53 |
PJT Partners Inc. |
580 |
672 |
| # 54 |
Virtus Investment Partners Inc. |
552 |
2,871 |
| # 55 |
VIRTU ITG HOLDINGS LLC |
509 |
1,021 |
| # 56 |
Sculptor Capital Management, Inc. |
507 |
1,447 |
| # 57 |
MarketAxess Holdings Inc. |
436 |
696 |
| # 58 |
B. Riley Financial Inc. |
423 |
1,958 |
| # 59 |
Victory Capital Holdings Inc. |
413 |
802 |
| # 60 |
Cohen & Steers Inc |
381 |
433 |
| # 61 |
GREENHILL & CO INC |
352 |
486 |
| # 62 |
GAIN Capital Holdings, Inc. |
347 |
1,333 |
| # 63 |
GAMCO INVESTORS, INC. ET AL |
341 |
135 |
| # 64 |
WisdomTree Inc. |
274 |
938 |
| # 65 |
Hamilton Lane Incorporated |
263 |
364 |
| # 66 |
National Holdings Corporation |
219 |
71 |
| # 67 |
Manning & Napier, Inc. |
161 |
203 |
| # 68 |
Pzena Investment Management Inc |
154 |
171 |
| # 69 |
Diamond Hill Investment Group Inc. |
146 |
326 |
| # 70 |
JMP Group LLC |
128 |
1,391 |
| # 71 |
Westwood Holdings Group Inc |
122 |
190 |
| # 72 |
United States Natural Gas Fund, LP |
115 |
293 |
| # 73 |
Silvercrest Asset Management Group Inc. |
99 |
133 |
| # 74 |
Freedom Holding Corp. |
60 |
295 |
| # 75 |
Medley Management Inc. |
57 |
78 |
| # 76 |
Medley LLC |
57 |
78 |
| # 77 |
Hennessy Advisors Inc. |
52 |
108 |
| # 78 |
Cohen & Co Inc. |
49 |
5,654 |
| # 79 |
Invesco DB Commodity Index Tracking Fund |
48 |
2,010 |
| # 80 |
Value Line Inc. |
36 |
88 |
| # 81 |
abrdn Palladium ETF Trust |
30 |
186 |
| # 82 |
Siebert Financial Corp. |
30 |
18 |
| # 83 |
iShares S&P GSCI Commodity-Indexed Trust |
24 |
1,146 |
| # 84 |
ISHARES GOLD TRUST |
23 |
|
| # 85 |
Associated Capital Group Inc. |
23 |
954 |
| # 86 |
Capital Financial Holdings, Inc |
15 |
5 |
| # 87 |
Invesco DB Agriculture Fund |
12 |
500 |
| # 88 |
abrdn Gold ETF Trust |
11 |
847 |
| # 89 |
Invesco DB US Dollar Index Bullish Fund |
10 |
516 |
| # 90 |
Invesco DB Oil Fund |
7 |
262 |
| # 91 |
CERES TACTICAL COMMODITY L.P. |
6 |
62 |
| # 92 |
U.S. Global Investors Inc. |
6 |
23 |
| # 93 |
Invesco DB Base Metals Fund |
5 |
209 |
| # 94 |
MANAGED FUTURES PREMIER WARRINGTON L.P. |
5 |
46 |
| # 95 |
NESTOR PARTNERS |
5 |
169 |
| # 96 |
Enterprise Diversified, Inc. |
4 |
25 |
| # 97 |
Invesco DB Energy Fund |
4 |
93 |
| # 98 |
GLOBAL MACRO TRUST |
4 |
178 |
| # 99 |
Invesco DB Gold Fund |
3 |
96 |
| # 100 |
Invesco DB Precious Metals Fund |
2 |
110 |