| Rank |
Company |
Revenue
($ millions) |
Assets |
| # 1 |
Morgan Stanley |
33,927 |
1,115,862 |
| # 2 |
BlackRock, Inc. |
16,205 |
176,982 |
| # 3 |
Goldman Sachs Group, Inc. (The) |
14,376 |
1,163,028 |
| # 4 |
Ameriprise Financial, Inc. |
11,958 |
165,883 |
| # 5 |
Charles Schwab Corporation (The) |
11,691 |
549,009 |
| # 6 |
JONES FINANCIAL COMPANIES LLLP |
10,165 |
28,320 |
| # 7 |
Raymond James Financial, Inc. |
8,368 |
53,657 |
| # 8 |
Intercontinental Exchange Inc. |
8,244 |
126,200 |
| # 9 |
Jefferies Financial Group Inc. |
6,956 |
53,118 |
| # 10 |
T. Rowe Price Group, Inc. |
6,207 |
10,659 |
| # 11 |
JEFFERIES GROUP LLC |
6,152 |
47,752 |
| # 12 |
Franklin Resources, Inc. |
6,149 |
21,230 |
| # 13 |
Invesco Ltd |
6,146 |
36,504 |
| # 14 |
Blackstone Inc. |
6,102 |
26,269 |
| # 15 |
LPL Financial Holdings Inc. |
5,872 |
6,524 |
| # 16 |
Nasdaq, Inc. |
5,627 |
17,979 |
| # 17 |
CME Group Inc. |
4,884 |
124,660 |
| # 18 |
KKR & Co. Inc. |
4,231 |
79,807 |
| # 19 |
Stifel Financial Corporation |
3,818 |
26,604 |
| # 20 |
ALLIANCEBERNSTEIN L.P. |
3,724 |
9,698 |
| # 21 |
Cboe Global Markets, Inc. |
3,427 |
6,517 |
| # 22 |
Virtu Financial, Inc. |
3,239 |
9,966 |
| # 23 |
The Carlyle Group Inc. |
2,935 |
15,645 |
| # 24 |
Lazard LTD. Lazard, LTD. |
2,647 |
5,972 |
| # 25 |
LAZARD GROUP LLC |
2,646 |
5,516 |
| # 26 |
Apollo Asset Management, Inc. |
2,354 |
23,669 |
| # 27 |
Interactive Brokers Group, Inc. |
2,331 |
95,679 |
| # 28 |
Janus Henderson Group plc |
2,299 |
6,691 |
| # 29 |
Evercore Inc. |
2,285 |
3,371 |
| # 30 |
BGC Partners, Inc. |
2,057 |
3,949 |
| # 31 |
Affiliated Managers Group, Inc. |
2,028 |
7,889 |
| # 32 |
Ares Management Corporation |
1,754 |
15,169 |
| # 33 |
Eaton Vance Corporation |
1,730 |
4,949 |
| # 34 |
SEI Investments Company |
1,684 |
2,167 |
| # 35 |
Cowen Inc. |
1,623 |
7,828 |
| # 36 |
Federated Hermes, Inc. |
1,448 |
2,061 |
| # 37 |
Houlihan Lokey, Inc. |
1,391 |
2,120 |
| # 38 |
Morningstar, Inc. |
1,390 |
2,696 |
| # 39 |
Focus Financial Partners Inc. |
1,361 |
3,063 |
| # 40 |
Piper Sandler Companies |
1,253 |
1,997 |
| # 41 |
Oppenheimer Holdings, Inc. |
1,199 |
2,714 |
| # 42 |
PJT Partners Inc. |
1,052 |
1,172 |
| # 43 |
Waddell & Reed Financial, Inc. |
1,049 |
1,154 |
| # 44 |
Moelis & Company |
943 |
1,196 |
| # 45 |
B. Riley Financial, Inc. |
903 |
2,663 |
| # 46 |
Artisan Partners Asset Management Inc. |
900 |
1,152 |
| # 47 |
Sculptor Capital Management, Inc. |
897 |
1,583 |
| # 48 |
Tradeweb Markets Inc. |
893 |
5,680 |
| # 49 |
Victory Capital Holdings, Inc. |
775 |
1,731 |
| # 50 |
BrightSphere Investment Group Inc. |
719 |
1,379 |
| # 51 |
MarketAxess Holdings, Inc. |
689 |
1,331 |
| # 52 |
Virtus Investment Partners, Inc. |
604 |
3,467 |
| # 53 |
AssetMark Financial Holdings, Inc. |
432 |
1,224 |
| # 54 |
GCM Grosvenor Inc. |
430 |
632 |
| # 55 |
Oaktree Capital Group, LLC |
429 |
10,394 |
| # 56 |
Cohen & Steers Inc |
428 |
348 |
| # 57 |
Navient Corporation |
388 |
87,412 |
| # 58 |
Hamilton Lane Incorporated |
328 |
716 |
| # 59 |
Greenhill & Co., Inc. |
312 |
586 |
| # 60 |
Freedom Holding Corp. |
296 |
1,474 |
| # 61 |
Gamco Investors, Inc. |
260 |
185 |
| # 62 |
WisdomTree Investments, Inc. |
254 |
897 |
| # 63 |
National Holdings Corporation |
247 |
109 |
| # 64 |
Pzena Investment Management Inc |
139 |
189 |
| # 65 |
JMP Group LLC |
128 |
241 |
| # 66 |
Manning & Napier, Inc. |
127 |
156 |
| # 67 |
Diamond Hill Investment Group, Inc. |
126 |
263 |
| # 68 |
United States 12 Month Oil |
110 |
219 |
| # 69 |
Silvercrest Asset Management Group Inc. |
108 |
214 |
| # 70 |
Cohen & Company Inc. |
66 |
6,149 |
| # 71 |
Westwood Holdings Group Inc |
65 |
149 |
| # 72 |
Aberdeen Standard Palladium ETF Trust |
61 |
356 |
| # 73 |
Siebert Financial Corp. |
55 |
1,373 |
| # 74 |
Grayscale Bitcoin Trust (BTC) |
50 |
17,716 |
| # 75 |
GraniteShares Gold Trust |
45 |
1,112 |
| # 76 |
United States Gasoline Fund LP |
43 |
82 |
| # 77 |
Value Line, Inc. |
40 |
116 |
| # 78 |
Associated Capital Group, Inc. |
37 |
1,175 |
| # 79 |
Medley Management Inc. |
33 |
36 |
| # 80 |
Medley LLC |
33 |
32 |
| # 81 |
Aberdeen Standard Gold ETF Trust |
32 |
2,653 |
| # 82 |
Hennessy Advisors, Inc. |
31 |
95 |
| # 83 |
CERES ORION L.P. |
29 |
377 |
| # 84 |
CERES TACTICAL COMMODITY L.P. |
14 |
89 |
| # 85 |
CAMPBELL FUND TRUST |
12 |
288 |
| # 86 |
Invesco DB Commodity Index Tracking Fund |
6 |
1,342 |
| # 87 |
CAMPBELL STRATEGIC ALLOCATION FUND LP |
6 |
139 |
| # 88 |
U.S. Global Investors, Inc. |
6 |
42 |
| # 89 |
Aberdeen Standard Precious Metals Basket ETF Trust |
5 |
842 |
| # 90 |
Aberdeen Standard Silver ETF Trust |
5 |
864 |
| # 91 |
iShares S&P GSCI Commodity-Indexed Trust |
4 |
793 |
| # 92 |
Invesco DB US Dollar Index Bullish Fund |
2 |
366 |
| # 93 |
Invesco DB Agriculture Fund |
2 |
649 |
| # 94 |
MANAGED FUTURES PREMIER WARRINGTON L.P. |
2 |
23 |
| # 95 |
Invesco DB Oil Fund |
1 |
434 |
| # 96 |
United States Brent Oil Fund, LP |
1 |
350 |
| # 97 |
Invesco DB Gold Fund |
1 |
105 |
| # 98 |
Invesco DB Precious Metals Fund |
1 |
142 |
| # 99 |
Invesco DB Base Metals Fund |
1 |
174 |
| # 100 |
MAN AHL DIVERSIFIED I LP |
1 |
87 |