BRK-B
2nd
Berkshire Hathaway
$1.09Tn
505.89
-0.42%
+0.88%
Berkshire manages a massive portfolio of equity securities and fixed income instruments, generating substantial revenue from investment gains, dividends, and interest.
JPM
2nd
Jpmorgan Chase
$953.25Bn
358.61
-0.94%
+19.73%
The Asset & Wealth Management segment provides investment management services and charges asset management fees to high net worth individuals and institutions.
BSAC
2nd
Banco Santander Chile
$448.38Bn
35.69
-0.36%
+42.65%
The company has a dedicated Wealth Management segment that provides mutual fund management and investment management services, charging fees for managing portfolios on behalf of clients.
BAC
2nd
Bank Of America
$439.96Bn
62.69
-0.59%
+25.23%
The company manages investment portfolios and provides retirement solutions through its Global Wealth & Investment Management (GWIM) segment, earning asset management fees.
LYG
2nd
Lloyds Banking
$359.23Bn
6.07
-0.49%
+41.49%
The group provides investment products and wealth management services to its customers.
MS
2nd
Morgan Stanley
$342.23Bn
217.71
+0.27%
+46.58%
The Investment Management segment manages mutual funds and private investment funds on behalf of institutional and retail clients.
RY
2nd
Royal Bank Of Canada
$295.00Bn
210.62
-0.69%
+44.62%
The Wealth Management segment manages investment portfolios for affluent and ultra-high-net-worth clients and distributes asset management products globally to institutional and individual clients.
MUFG
2nd
Mitsubishi Ufj Financial
$285.89Bn
24.09
-0.21%
+60.49%
The company operates a dedicated Asset Management & Investor Services Business Group and a subsidiary, Mitsubishi UFJ Asset Management, which manages investment trusts and pension funds for retail and institutional customers.
SAN
2nd
Banco Santander
$218.87Bn
14.90
-0.86%
+55.53%
The company explicitly generates revenue from asset management services as part of its fee and commission income described in Note 10.
TD
2nd
Toronto Dominion Bank
$205.51Bn
121.64
-1.31%
+62.82%
The bank operates a Wealth Management segment providing investment advice, private client services, and manages portfolios for high-net-worth individuals through TD Wealth.
SCHW
2nd
Schwab Charles
$189.00Bn
109.29
-0.99%
+11.94%
Schwab operates as an asset manager, creating and managing investment portfolios such as mutual funds and ETFs for which it charges management fees.
UBS
2nd
UBS Group AG
$185.12Bn
55.40
-0.54%
+39.34%
The company has a dedicated Asset Management segment that delivers fund management and portfolio management capabilities to institutional and wholesale clients globally.
BLK
BlackRock
$173.88Bn
1,121.83
-0.39%
+1.18%
BlackRock is the world's largest investment management firm, managing active and index strategies, ETFs (iShares), and mutual funds for institutional and retail clients. Its primary revenue is generated through investment management fees calculated as a percentage of assets under management.
BBVA
2nd
Banco Bilbao Vizcaya Argentaria
$168.41Bn
29.50
-0.37%
+63.98%
The company operates dedicated asset management units in Spain, Mexico, and Turkey, managing mutual funds and pension funds for its clients.
GLD
Spdr Gold Trust
$143.21Bn
406.84
-0.84%
+23.98%
The company operates as an investment trust that manages a portfolio of physical gold bullion to provide investors with exposure to gold prices. It functions as an ETF-like vehicle where the core activity is the management of a pooled investment asset for institutional and retail clients.
BNY
2nd
Bank of New York Mellon
$111.85Bn
164.85
+0.33%
+57.48%
The firm operates an Investment and Wealth Management segment that provides active and passive asset management across equity, fixed income, and multi-asset strategies, earning advisory and discretionary portfolio management fees.
ADP
2nd
Automatic Data Processing
$110.44Bn
277.62
-2.08%
-7.11%
ADP earns revenue from investment management services offered to retirement plan clients, managing these assets as part of its retirement administration offerings.
CM
2nd
Canadian Imperial Bank Of Commerce
$108.90Bn
117.53
-0.58%
+48.51%
The company provides asset management services for institutional clients and portfolio management for high net worth individuals, earning asset management fees.
ING
2nd
Ing Groep
$107.88Bn
37.17
+0.22%
+52.65%
The company operates a Private Banking & Wealth Management segment that manages investment portfolios and provides investment solutions for high net worth individuals, targeting assets under management of €278 billion.
SMFG
2nd
Sumitomo Mitsui Financial
$104.45Bn
27.29
-0.94%
+69.29%
The company provides asset management services through dedicated entities such as SMDAM and TT International Asset Management Ltd.
USB
2nd
Us Bancorp \De\
$98.72Bn
63.36
-0.27%
+30.53%
The company provides asset management and trust services, generating significant noninterest income from trust and investment management fees within its Wealth, Corporate, Commercial and Institutional Banking segment.
PNC
2nd
Pnc Financial Services
$97.99Bn
245.62
+0.20%
+19.81%
The company has a dedicated Asset Management segment that provides institutional investment products and manages portfolios for individual and institutional investors.
AMUB
2nd
Ubs Ag
$94.30Bn
24.44
+2.73%
+28.29%
The profile explicitly mentions that the company generates fee-based revenue from asset management and provides investment products and wealth management services to high net worth and institutional investors.
ITUB
2nd
Itau Unibanco Holding
$89.98Bn
8.16
-0.73%
+21.07%
The company operates a dedicated asset management business within its Wholesale Business segment, charging fees for managing investment portfolios for institutional and high-net-worth clients.
MRSH
2nd
Marsh & Mclennan Companies
$88.77Bn
185.72
-1.46%
-9.89%
Through Mercer's Wealth practice, the company provides investment management services and manages approximately six hundred ninety two billion dollars in assets, earning asset-based charges.
BAM
2nd
Brookfield Asset Management
$80.84Bn
50.61
+0.64%
-13.50%
The firm manages a wide array of investment portfolios and offers semi-liquid strategies and separately managed accounts for over 2,400 institutional clients, including pension plans and sovereign wealth funds.
DB
2nd
Deutsche Bank Aktiengesellschaft
$78.65Bn
41.33
-0.53%
+18.73%
Through its Asset Management segment and affiliate DWS, the company offers active and passive investment solutions, including ETFs and multi-asset strategies, for institutional and retail investors.
MFC
2nd
Manulife Financial
$75.49Bn
44.33
-0.56%
+45.54%
The company operates a Global Wealth and Asset Management segment that provides investment management services to institutional and retail clients worldwide, earning fees from these services.
MET
2nd
Metlife
$62.25Bn
97.61
-1.64%
+21.15%
The company operates a dedicated MetLife Investment Management segment that delivers asset management and advisory services to institutional investors across public and private fixed income, real estate, and equity.
IBIT
iShares Bitcoin Trust ETF
$58.86Bn
45.23
-2.42%
-27.46%
The company is an ETF designed to manage a portfolio of bitcoin on behalf of clients, charging a management fee of 0.25 percent of net asset value. It functions as a pooled investment vehicle where the core activity is providing investors exposure to an asset through a managed security.
GGAL
2nd
Grupo Financiero Galicia
$58.78Bn
44.36
-0.60%
+15.40%
Through Galicia Asset Management (Fondos Fima), the company manages mutual funds and investment products such as Fima Premium and Fima Sustentable ESG.
ARES
2nd
Ares Management
$50.50Bn
140.20
-0.97%
-20.71%
The company manages liquid credit strategies and serves a retail investor base through publicly-traded funds and sub-advised accounts, which falls under traditional asset management.
FRFHF
2nd
Fairfax Financial Holdings
$50.27Bn
1,656.00
-1.78%
-4.85%
Fairfax manages its insurance float and shareholder capital through Hamblin Watsa Investment Counsel Ltd., focusing on long-term value creation across equity, fixed income, and alternative asset classes.
FITB
2nd
Fifth Third Bancorp
$49.74Bn
54.87
-0.18%
+18.61%
The company operates a Wealth and Asset Management segment that delivers investment advisory and trust services to individuals and corporations, managing assets under care for a fee.
AMP
2nd
Ameriprise Financial
$49.51Bn
560.45
-0.84%
+9.48%
Through the Columbia Threadneedle brand, the company manages approximately $721 billion in assets for retail, institutional, and high net worth investors, earning asset management fees.
KB
2nd
KB Financial
$46.13Bn
128.65
-2.83%
+64.47%
KB Asset Management delivers investment advisory services and manages investment trust products for retail and institutional investors.
SLF
2nd
Sun Life Financial
$44.85Bn
80.99
+0.26%
+39.57%
The company has a dedicated Asset Management segment that manages mutual funds, segregated funds, and institutional portfolios for clients globally through brands like SLC Management and MFS Investment Management.
PRU
2nd
Prudential Financial
$42.10Bn
122.03
-0.95%
+12.12%
Through PGIM, the company provides investment management solutions including public fixed income, public equity, and multi-asset strategies, earning revenue from asset management and performance-based fees.
HIG
2nd
Hartford Insurance
$37.48Bn
138.35
-1.20%
+3.91%
Through its Hartford Funds segment, the company manages mutual funds and exchange traded funds for retail and institutional investors, earning fees from investment management and administrative services.
BBD
2nd
Bank Bradesco
$36.60Bn
3.46
+0.00%
+14.57%
The bank manages R$997.7 billion in assets via Bradesco Asset and earns revenue from asset management fees.
BAP
2nd
Credicorp
$36.14Bn
382.92
-0.32%
+46.40%
Credicorp manages mutual funds and pension funds through Prima AFP and Credicorp Capital, earning asset management and advisory fees.
MTB
2nd
M&T Bank
$34.66Bn
239.98
-0.03%
+20.85%
The company has a dedicated Wealth Management segment that provides investment advisory and fiduciary services to individuals, families, and institutions through M&T Bank and Wilmington Trust Company.
HBAN
2nd
Huntington Bancshares
$34.41Bn
17.03
-0.18%
-3.29%
Through the Huntington Private Client Group, the company provides investment management and trust services to high-net-worth individuals.
RJF
2nd
Raymond James Financial
$34.26Bn
178.30
-1.50%
+4.21%
The company has a dedicated Asset Management segment that manages investment assets and provides trust services, earning asset management and administrative fees.
NTRS
2nd
Northern Trust
$34.15Bn
186.63
-0.44%
+43.89%
The company provides investment management services across both its Asset Servicing and Wealth Management segments, managing $1.3 trillion and $507.2 billion in assets respectively.
NMR
2nd
Nomura Holdings
$30.90Bn
10.65
+0.38%
+50.64%
The Investment Management segment manages portfolios for pension funds and institutional investors, earning annual asset management fees based on assets under management.
GLDM
World Gold Trust
$30.03Bn
87.74
-0.85%
+24.86%
World Gold Trust operates as a grantor trust that manages a portfolio of gold bullion on behalf of its shareholders, charging expenses for administration and custody. Its core activity is providing investors with a vehicle to gain exposure to the price of gold, which aligns with the asset management function of managing investment portfolios for clients.
CFG
2nd
Citizens Financial
$29.91Bn
70.77
-0.08%
+34.77%
The company provides wealth management solutions and investment products through its Private Wealth division, serving high and ultra-high net worth individuals.
LPLA
2nd
LPL Financial Holdings
$28.29Bn
359.33
-0.31%
+0.84%
LPL is a leading investment advisory firm that generates substantial revenue from advisor-generated advisory fees and asset-based fees. It provides the infrastructure and platforms for advisors to manage investment portfolios on behalf of clients.
IAU
Ishares Gold Trust
$27.84Bn
83.39
-0.82%
+24.09%
The trust operates as an exchange-traded product that manages a portfolio of gold on behalf of retail and institutional investors. It charges a sponsor fee of 0.25% of net asset value, which is a typical management fee structure for asset management vehicles.
RF
2nd
Regions Financial
$25.92Bn
30.42
-0.07%
+12.92%
The Wealth Management segment provides investment management and trust services to high net worth individuals and institutions, earning investment management and trust fees.
PFG
Principal Financial
$25.04Bn
116.68
-1.54%
+43.52%
Principal Financial's core business involves managing wealth and retirement savings through mutual funds, individual variable annuities, and a dedicated Principal Asset Management division that serves institutional and retail investors.
AER
2nd
AerCap Holdings
$24.26Bn
145.37
-0.71%
+18.57%
AerCap provides asset management and administrative services for third parties, joint ventures, and securitization vehicles.
KEY
2nd
Keycorp
$23.68Bn
22.19
+0.36%
+17.10%
KeyCorp offers investment management and wealth management services to individuals, high net worth individuals, and institutional clients.
SLV
iShares Silver Trust
$23.18Bn
59.82
-1.19%
+60.20%
The Trust operates as an exchange-traded product that manages a portfolio of physical silver bullion on behalf of investors. It earns revenue through a management fee (0.50% of net asset value) for providing this investment vehicle to retail and institutional clients.
FCNCA
2nd
First Citizens Bancshares
$22.94Bn
2,208.49
+0.23%
+9.87%
The company provides wealth management, brokerage, and trust services to individuals and institutional clients, generating fee-based revenue from these activities.
BCH
2nd
Bank Of Chile
$21.42Bn
42.41
-1.10%
+44.20%
The company manages mutual funds through its subsidiary Banchile Administradora General de Fondos and earns management fees, holding a 23.6% market share in this service.
WF
2nd
Woori Financial
$18.31Bn
74.83
-3.42%
+37.99%
The Asset Management segment manages investment trusts, money trusts, and property trusts for retail and institutional investors via Woori Asset Management Corp.
EWBC
2nd
East West Bancorp
$17.92Bn
130.77
+0.12%
+20.43%
The company generates fee-based revenue from wealth management services provided to its clients.
BEN
Franklin Resources
$17.63Bn
34.74
+3.58%
+36.08%
Franklin Resources is a global investment management organization that manages approximately $1.6 trillion in assets under management. It generates revenue primarily from investment management fees calculated as a percentage of AUM for its equity, fixed income, and multi-asset strategies.
FUTU
2nd
Futu Holdings
$17.07Bn
121.75
-0.21%
-37.23%
Futu distributes wealth management products, including mutual funds, private funds, and structured products, earning fees from these distribution activities.
CBSH
2nd
Commerce Bancshares
$16.84Bn
58.37
+0.00%
-0.05%
The company has a dedicated Wealth segment that provides discretionary investment portfolio management services to personal and institutional corporate customers.
CRBG
2nd
Corebridge Financial
$15.37Bn
34.49
-0.83%
+2.59%
The company manages $386.4 billion in client assets and earns fee-based income from investment advisory services and brokerage activities within its Group Retirement segment.
PNFP
2nd
Pinnacle Financial Partners
$15.26Bn
101.07
-0.34%
+1.73%
The company provides fiduciary investment management and trust administration services through its Investment Trust and Insurance Services segment.
IVZ
Invesco
$14.60Bn
33.07
+1.07%
+52.40%
Invesco is an independent investment management firm that manages portfolios for retail and institutional clients, earning revenue through management fees. Its core activities include managing mutual funds, ETFs (such as the QQQ Trust), and index-based strategies across equity and fixed income segments.
EQH
2nd
Equitable Holdings
$14.46Bn
52.95
-1.10%
+0.21%
Through its AllianceBernstein franchise, the company serves as a global active asset manager delivering investment services across equity, fixed income, and multi-asset strategies for institutional and retail clients, earning investment advisory and services fees based on assets under management.
MFG
2nd
Mizuho Financial
$13.98Bn
11.23
-0.71%
+71.71%
The company operates a dedicated Asset Management Company and subsidiary, Asset Management One Co., Ltd., which manages investment portfolios for individuals and institutional investors.
FBTC
Fidelity Wise Origin Bitcoin Fund
$13.91Bn
69.43
-2.44%
-29.10%
The company is an exchange traded product (ETP) that manages a portfolio of bitcoin on behalf of investors to track a specific index. It earns revenue through a sponsor fee of 0.25% of the trust's holdings, which is the standard revenue model for asset management vehicles.
TIGR
2nd
UP Fintech Holding
$13.47Bn
5.08
+0.20%
-60.06%
The company offers wealth management services and provides access to mutual funds and structured notes, earning wealth management fees.
GBTC
Grayscale Bitcoin Trust ETF
$13.09Bn
61.75
-2.36%
-28.39%
The company operates as a passive investment vehicle (ETF) that manages a portfolio of Bitcoin on behalf of retail and institutional investors. It earns revenue through a management fee (1.5% annual rate of net asset value) for providing this pooled investment structure.
WBS
2nd
Webster Financial
$12.57Bn
77.57
+0.00%
+32.92%
The company provides wealth and investment services through its Consumer Banking segment and Private Banking team, offering investment advisory services to individuals and families.
SF
2nd
Stifel Financial
$12.57Bn
81.49
-0.98%
+5.64%
The company generates asset management revenues derived from investment advisory fees for managing individual and institutional investment portfolios and mutual funds.
FHN
2nd
First Horizon
$11.82Bn
24.95
-0.08%
+10.89%
The company provides wealth and trust management, asset management services, and investment wealth management for high net worth individuals, earning noninterest income from wealth management fees.
ERIE
2nd
Erie Indemnity
$11.68Bn
252.80
-2.16%
-24.86%
The company provides investment management services as part of its administrative offerings for the Exchange and its subsidiaries.
EVR
2nd
Evercore
$11.52Bn
298.12
+0.38%
-4.73%
The Investment Management segment provides wealth management services to high net worth individuals, foundations, and endowments, managing their investment portfolios for a fee.
UMBF
2nd
Umb Financial
$10.92Bn
143.76
+0.22%
+18.37%
UMB provides asset management and trust services, managing investment portfolios for high-net-worth individuals and institutional clients.
SSB
2nd
SouthState Bank
$10.48Bn
108.06
+0.88%
+6.57%
The company operates a Wealth Management segment through SouthState Private Capital Management, providing investment management and fiduciary services to affluent clients and families.
WTFC
2nd
Wintrust Financial
$10.40Bn
154.12
+0.39%
+12.64%
The wealth management segment provides trust and asset management services, earning revenue from managed money fees and asset-based fees.
XP
2nd
Xp
$10.32Bn
19.86
-0.70%
+11.51%
Through XP Gestão and XP Vista, the company manages mutual funds focused on stocks, macro strategies, and passive index tracking for retail and institutional clients, earning asset management fees.
ZION
2nd
Zions Bancorporation, National Association
$10.12Bn
69.37
+0.09%
+20.81%
The company provides wealth management solutions and trust services to individual consumers and wealth management clients, earning noninterest income from these advisory and management activities.
CFR
2nd
Cullen
$10.11Bn
162.67
-0.06%
+26.32%
The company provides investment management services to institutions and individuals through Frost Investment Advisors, LLC and Frost Investment Services, LLC, as well as managing mutual funds.
ONB
2nd
Old National Bancorp
$9.96Bn
26.04
+0.23%
+12.39%
The company provides wealth management, trust, and investment advisory services, charging fee-based revenue for managing portfolios for its clients.
JXN
2nd
Jackson Financial
$9.59Bn
140.64
+0.94%
+45.44%
The company earns fee income from the investment management of separate account assets through its subsidiary, JNAM, managing portfolios for retail investors.
AMG
Affiliated Managers
$9.57Bn
369.95
+1.03%
+58.74%
The company generates its revenue through economic participation in Affiliates that manage assets via mutual funds, ETFs, and separately managed accounts. Its core business model is based on the investment management activities of these partners, specifically in differentiated long-only strategies.
VOYA
Voya Financial
$9.43Bn
104.07
-0.74%
+37.91%
Voya's Retirement segment manages approximately 796.5 billion dollars of assets and earns revenue from asset-based administrative recordkeeping and advisory fees. The company also operates a dedicated Investment Management segment that earns management fees on 286.9 billion dollars of assets for third-party institutional and individual investors.
PRI
2nd
Primerica
$9.13Bn
295.62
-0.74%
+9.81%
The company distributes and manages investment and savings products, including mutual funds and annuities, earning sales commissions, trailing fees, and asset-based advisory fees.
BBAR
2nd
Banco BBVA Argentina
$9.07Bn
14.81
-1.66%
+21.39%
The company operates BBVA Asset Management Argentina, which manages mutual funds and other investment products for clients.
COLB
2nd
Columbia Banking System
$8.71Bn
30.80
+1.15%
+15.05%
Through Columbia Wealth Advisors and Columbia Trust Company, the company manages investment portfolios and provides trust services for individuals, families, and businesses.
LNC
2nd
Lincoln National
$8.70Bn
45.46
-0.46%
+5.18%
The Retirement Plan Services segment provides recordkeeping, investment options, and proprietary target date portfolios for defined contribution plans, earning fees from asset charges.
SNEX
2nd
StoneX
$8.33Bn
69.46
-0.12%
+0.03%
The company provides asset management and independent wealth management services to both institutional and retail clients.
BOKF
2nd
Bok Financial
$8.31Bn
136.70
-0.47%
+20.97%
Through BOK Financial Private Wealth Inc, the company provides investment advisory and fiduciary services to high-net-worth clients, earning investment advisory fees.
HQY
2nd
Healthequity
$7.97Bn
96.07
-2.74%
+0.55%
Healthequity provides investment advisory services to help members grow their tax-advantaged savings, managing the investment decisions for HSA assets.
MORN
2nd
Morningstar
$7.86Bn
209.40
-2.95%
-18.16%
The company earns asset-based revenue from managing investment portfolios through its Morningstar Wealth and Morningstar Retirement segments, offering professionally managed model portfolios and managed retirement accounts.
CBC
2nd
Central Bancompany
$7.82Bn
32.64
-0.12%
—
The company has a dedicated Wealth Management segment consisting of Central Trust Company and Central Investment Advisors, which manage $16.0 billion in assets under advice through investment management and fiduciary services.
VLY
2nd
Valley National Bancorp
$7.75Bn
14.02
+0.86%
+33.40%
The company has a Wealth Management and Insurance Services Division that provides asset management advisory services for individuals and small to medium sized businesses.
FAF
2nd
First American Financial
$7.42Bn
72.74
-4.92%
+11.63%
The company provides wealth management and custody services through its banking and trust operations, earning fees for these investment services.
PB
2nd
Prosperity Bancshares
$7.33Bn
72.84
+0.59%
+5.87%
The company generates fee-based earnings from wealth management services provided to its customers.
ETHA
iShares Ethereum Trust ETF
$7.13Bn
18.52
-2.63%
-45.32%
The company is an exchange-traded product (ETF) that manages a portfolio consisting of ether on behalf of investors. It generates revenue through a Sponsor's Fee based on a percentage of the Trust's net asset value, which is the standard revenue model for asset management vehicles.
IAUM
iShares Gold Trust Micro
$7.02Bn
44.20
-0.85%
+24.37%
The Trust operates as an exchange-traded product (ETF) that manages a portfolio of gold on behalf of retail and institutional investors. It earns revenue through a management fee (0.09% of net asset value) paid to the Sponsor for the administration of the investment vehicle.
VCTR
Victory Capital Holdings
$7.00Bn
113.73
+0.24%
+57.28%
Victory Capital Holdings is a global asset management firm that manages investment portfolios through mutual funds, ETFs, and separate accounts. It generates revenue primarily from investment management fees based on the level of client assets it manages for institutions and individual investors.
SGOL
abrdn Gold ETF Trust
$6.96Bn
42.22
-0.85%
+24.21%
The company operates as an exchange-traded fund (ETF) that manages a portfolio of physical gold bullion on behalf of institutional and retail investors. It generates revenue through a Sponsor's Fee based on the adjusted net asset value (ANAV) of the assets it manages.
FNB
2nd
Fnb
$6.60Bn
18.69
+1.14%
+11.32%
The firm provides wealth management advisory services and earns trust and custodial fees from managing investment portfolios for retail and institutional clients.
BMA
2nd
Macro Bank
$6.59Bn
78.70
-0.62%
+39.22%
The company manages mutual funds and provides investment management services to third parties through its Treasury and Investment Services segment and subsidiaries.
UBSI
2nd
United Bankshares
$6.52Bn
47.83
+0.50%
+25.70%
The company has a wealth management unit that provides asset management solutions and earns asset-based fees on managed portfolios.
AVAL
2nd
Grupo Aval Acciones Y Valores
$6.33Bn
5.33
+0.19%
+61.52%
The company operates Porvenir, a leading private administrator of mandatory and voluntary pension and severance funds, earning revenue from fund management fees.
IFS
2nd
Intercorp Financial Services
$6.19Bn
55.68
-1.12%
+36.67%
The company manages mutual funds and provides wealth management services for high net worth and institutional clients through Inteligo and Interfondos, earning fees based on assets under management.
HWC
2nd
Hancock Whitney
$6.10Bn
75.84
+0.32%
+21.64%
The company has a dedicated wealth management division that provides trust and asset management services to individuals, families, and institutions, generating significant trust fees.
GBCI
2nd
Glacier Bancorp
$6.10Bn
46.83
+0.99%
-4.04%
The company generates additional revenue from trust and wealth management activities, managing investment assets for its clients.
HOMB
2nd
Home Bancshares
$6.04Bn
30.15
+0.50%
+2.24%
The company generates non-interest income from trust and wealth management fees, indicating it manages investment portfolios for clients as a substantive business line.
ASB
2nd
Associated Banc
$5.86Bn
31.07
+0.49%
+18.32%
The company generates noninterest income through trust and investment management fees and wealth management offerings for its clients.
AUB
2nd
Atlantic Union Bankshares
$5.80Bn
40.90
+0.29%
+14.98%
The company provides wealth management and trust services, including investment management and retirement solutions for individuals and corporations.
ABCB
2nd
Ameris Bancorp
$5.78Bn
86.08
+0.22%
+18.18%
The company has a dedicated Wealth Management segment that provides asset management solutions and investment advisory services to individuals, families, and institutions.
EBC
2nd
Eastern Bankshares
$5.09Bn
22.24
+0.72%
+30.67%
The company provides wealth management and trust services through Cambridge Trust Wealth Management, which generated $69.9 million in fee revenue from managing investment portfolios for clients.
LAZ
2nd
Lazard
$4.97Bn
45.00
+1.49%
-18.17%
The company manages investment portfolios across equity, fixed income, and asset allocation strategies for institutional and private wealth clients. It generates revenue through asset management fees calculated as a percentage of assets under management.
FFIN
2nd
First Financial Bankshares
$4.79Bn
33.44
+0.30%
-8.66%
The company offers trust, wealth management, and investment management services through its subsidiaries, earning fees from these activities.
FHI
Federated Hermes
$4.67Bn
62.38
+0.39%
+18.64%
Federated Hermes is a global leader in active investing with $902.6 billion in assets under management, generating revenue primarily from investment advisory fees. It manages a wide range of products including Federated Hermes Funds, separately managed accounts, and institutional accounts for a diverse client base of institutions and retail investors.
FULT
2nd
Fulton Financial
$4.60Bn
24.10
+0.96%
+23.91%
The company has a dedicated wealth management business line that generates fee-based income from wealth management fees and trust activities for its customers.
NNI
2nd
Nelnet
$4.58Bn
127.22
-0.03%
-0.01%
Through its Asset Generation and Management segment, Nelnet manages loan portfolios and residual interests, earning asset management fees and net interest income on these investments.
NWBI
2nd
Northwest Bancshares
$4.57Bn
15.62
+0.71%
+24.07%
The company provides investment management and trust services to individuals and businesses, generating non-interest income through fees on wealth management and trust services.
TCBI
2nd
Texas Capital Bancshares
$4.29Bn
98.64
+0.85%
+14.17%
The firm provides investment advisory, private wealth management, and trust services to high-net-worth individuals and retail clients.
UCB
2nd
United Community Banks
$4.27Bn
35.63
+0.71%
+6.10%
The firm earns wealth management commissions and trust and advisory fees by managing investment portfolios for high net worth individuals and institutional investors.
CATY
2nd
Cathay General Bancorp
$4.19Bn
62.69
+0.18%
+24.45%
The company operates a wealth management division that generates fee income through the distribution of mutual funds and the provision of investment services to individual and institutional investors.
CNS
Cohen & Steers
$4.11Bn
80.03
+1.33%
+12.26%
Cohen & Steers is a global investment manager that manages portfolios across open-end funds, closed-end funds, and ETFs. It generates revenue through investment advisory and management fees based on assets under management (AUM) for both institutional and individual investors.
WSFS
2nd
Wsfs Financial
$4.06Bn
79.37
+0.75%
+38.54%
The company has a dedicated Wealth and Trust segment that provides investment management and institutional trust services to high-net-worth individuals and institutional clients.
INDB
2nd
Independent Bank
$4.00Bn
83.90
+1.23%
+16.45%
The company operates investment management offices and generates non-interest revenue from fiduciary and investment advisory fees.
CVBF
2nd
Cvb Financial
$3.99Bn
22.62
+0.62%
+13.50%
The company provides wealth management and investment services through its CitizensTrust division, earning fee-based income from managing assets for clients.
WSBC
2nd
Wesbanco
$3.96Bn
41.33
+0.05%
+25.28%
The company has a dedicated trust and investment services segment that manages approximately 7.9 billion dollars in assets, earning asset management fees through Wesbanco Asset Management and the WesMark Funds family.
BTC
Grayscale Bitcoin Mini Trust ETF
$3.87Bn
35.30
-2.35%
-29.00%
The trust manages a portfolio of Bitcoin on behalf of clients (shareholders) and charges a sponsor fee based on the net asset value of the holdings. Its core activity is providing a pooled investment vehicle (ETF) for investors to gain passive exposure to a specific asset.
RNST
2nd
Renasant
$3.78Bn
41.40
+0.46%
+5.96%
The company operates a Wealth Management segment through Park Place Capital, providing investment advisory and management services for mutual funds, personal trusts, and retirement plans.
WT
WisdomTree
$3.78Bn
24.89
+0.08%
+84.23%
WisdomTree creates and manages exchange traded funds (ETFs) and exchange traded products (ETPs) across equities, commodities, and fixed income. Its primary revenue is generated from advisory fees calculated as a percentage of assets under management (AUM) for these pooled investment vehicles.
SIVR
abrdn Silver ETF Trust
$3.64Bn
62.91
-1.19%
+60.53%
The company operates as an ETF Trust that manages a portfolio of physical silver bullion on behalf of institutional and retail investors. It earns revenue through a Sponsor's Fee based on a percentage of the adjusted net asset value (ANAV), which is characteristic of an asset management fee structure.
NIC
2nd
Nicolet Bankshares
$3.62Bn
172.09
+0.76%
+26.59%
The company provides wealth management, trust services, and investment advisory services, generating revenue from trust and brokerage fees.
FIBK
2nd
First Interstate Bancsystem
$3.62Bn
37.85
+0.99%
+15.31%
The company provides wealth management services, including investment management and trust administration, for which it earns asset management fees.
PRK
2nd
Park National
$3.51Bn
194.07
-0.68%
+11.99%
The company provides wealth management and fiduciary services to individuals and institutions, generating $33.9 million from fiduciary activities.
MCHB
2nd
Mechanics Bancorp
$3.50Bn
15.82
-0.13%
+20.76%
The company provides wealth management and trust services, including investment management for private banking clients through its wealth management department.
AB
Alliancebernstein Holding
$3.48Bn
37.34
+0.76%
-5.59%
Alliancebernstein is a global investment management firm that manages portfolios for institutions, retail investors, and private wealth clients. Its primary revenue is generated from investment advisory and services fees calculated as a percentage of its $867 billion in assets under management.
FFBC
2nd
First Financial Bancorp
$3.46Bn
32.98
+0.46%
+25.93%
The company has a wealth management division that provides trust and investment advisory services to high-net-worth individuals, families, and institutions.
BRBI
2nd
BRBI BR Partners
$3.44Bn
10.91
+0.00%
—
The company provides wealth management services for high-net-worth individuals and families, earning recurring management fees based on assets under management.
SFNC
2nd
Simmons First National
$3.42Bn
23.69
+3.09%
+13.51%
The company has a dedicated Wealth segment that manages investment accounts and provides trust and investment services for individuals and corporate benefit plans.
APAM
Artisan Partners Asset Management
$3.37Bn
41.53
+0.95%
-9.78%
Artisan Partners manages investment portfolios across equity and fixed income for institutional and high-net-worth clients, earning revenue primarily from management fees based on assets under management. The company operates pooled vehicles like Artisan Funds and Artisan Global Funds, which are characteristic of traditional asset management.
CBU
2nd
Community Financial System
$3.36Bn
63.80
+0.42%
+7.48%
The Wealth Management Services segment, including Nottingham Trust and Wealth Partners, manages investment products such as stocks, bonds, and mutual funds, earning asset management charges and advisory fees.
SBCF
2nd
Seacoast Banking Corp Of Florida
$3.35Bn
34.60
+0.64%
+9.32%
The company provides wealth management and trust services through seven affiliated trusts, earning fee-based income from these activities.
SII
Sprott
$3.35Bn
129.74
-0.76%
+95.19%
Sprott operates as a specialized asset management firm managing investment portfolios including closed-end physical trusts, ETFs, and discretionary managed accounts. It generates the majority of its revenue through management fees earned from assets under management (AUM).
AAMI
Acadian Asset Management
$3.32Bn
93.65
+1.54%
+119.78%
Acadian Asset Management manages approximately $178 billion in assets for institutional investors, including pension funds and sovereign wealth funds. Its revenue is primarily generated from investment management fees charged on separate accounts and commingled funds.
FHB
2nd
First Hawaiian
$3.17Bn
26.07
+0.27%
+0.62%
The company provides wealth management and trust services to its customers, generating fee-based revenue from these investment management activities.
PFS
2nd
Provident Financial Services
$3.09Bn
23.73
+0.72%
+17.94%
The company provides fiduciary and wealth management services through Beacon Trust Company and Beacon Investment Advisory Services, earning asset management fees based on assets under management.
BOH
2nd
Bank Of Hawaii
$3.04Bn
77.15
+0.59%
+12.04%
The company provides wealth management services to retail clients through its Consumer Banking segment, earning fee-based income from these activities.
DBRG
2nd
DigitalBridge
$2.99Bn
15.93
-0.06%
+41.35%
The company operates 'Liquid Strategies' which are fundamental long-only, long-short, and market-neutral public equities strategies, managing liquid portfolios of high-quality businesses.
BITB
Bitwise Bitcoin ETF
$2.89Bn
43.33
-2.34%
-29.03%
The Trust operates as an exchange-traded product that manages a portfolio of bitcoin on behalf of investors, charging a management fee of 0.20% of assets. Its core activity is providing a pooled investment vehicle for individuals and institutions to gain exposure to a specific asset.
OUNZ
VanEck Merk Gold ETF
$2.86Bn
42.62
-0.84%
+24.62%
The company operates as an investment trust (ETF) that manages a portfolio of physical gold bullion on behalf of retail and institutional investors. It earns a sponsor's fee calculated as 0.25% of the trust's net asset value, which is characteristic of the management fee model for pooled investment vehicles.
FBK
2nd
FB Financial
$2.85Bn
56.94
-0.02%
+5.17%
The firm provides trust and investment services to high net worth individuals and institutional investors, earning trust and investment service fees and wealth management fees.
NBTB
2nd
Nbt Bancorp
$2.72Bn
52.27
+1.24%
+19.12%
The company provides wealth management, trust and investment services, and financial planning, earning noninterest income through wealth management fees.
TRMK
2nd
Trustmark
$2.71Bn
46.62
+1.22%
+14.32%
The company has a dedicated Wealth Management Segment that manages investment and individual retirement accounts for individuals and charitable foundations, earning fees for these management services.
WAFD
2nd
Wafd
$2.68Bn
36.30
+0.89%
+15.57%
The company operates WaFd Wealth, Inc., which provides personalized financial guidance and investment services to clients.
ARKB
Ark 21Shares Bitcoin ETF
$2.68Bn
26.49
-2.29%
-28.98%
The company is an exchange-traded fund (ETF) that manages an investment portfolio of bitcoin on behalf of clients to track a specific index. It earns revenue through a unitary sponsor fee of 0.21 percent per annum applied to the total value of its holdings.
BBT
2nd
Beacon Financial
$2.67Bn
31.87
+1.30%
+20.95%
Through Clarendon Private and its Trust and Investments Division, the company manages investment portfolios and provides wealth management services to individuals, families, endowments, and foundations.
AAAU
Goldman Sachs Physical Gold ETF
$2.64Bn
43.72
-0.82%
+24.24%
The company is an ETF (Exchange Traded Fund) that manages a portfolio of physical gold bullion on behalf of investors. It charges a sponsor fee of 0.18% of the net asset value for the management and administration of the trust's assets.
FRME
2nd
First Merchants
$2.62Bn
42.06
-0.10%
+0.43%
Through its Private Wealth Advisors division, the company provides investment management and fiduciary services to high-net-worth individuals, earning investment management charges.
BUSE
2nd
First Busey
$2.55Bn
30.66
-0.07%
+25.55%
The Wealth Management segment manages $15.66 billion in assets under care, providing investment management and fiduciary services to individuals, businesses, and foundations.
DJT
2nd
Trump Media & Technology
$2.51Bn
9.02
-5.25%
-46.85%
Through its Truth.Fi brand, the company manages investment portfolios via separately managed accounts and exchange-traded funds (ETFs) such as TSSD and TSFN, earning management fees from these activities.
SYBT
2nd
Stock Yards Bancorp
$2.47Bn
79.49
-0.98%
+0.09%
The company has a dedicated Wealth Management and Trust segment that provides investment management for high net worth individuals, foundations, and endowments, earning revenue primarily from assets under management fees.
NTB
2nd
Bank of N.T. Butterfield & Son
$2.46Bn
61.50
+0.94%
+38.58%
The company operates a wealth management business that provides investment management and advisory services for high net worth individuals, family offices, and institutional clients, earning fee income from these activities.
MBIN
2nd
Merchants Bancorp
$2.42Bn
52.68
+0.15%
+63.91%
The company operates a registered investment advisor that manages affordable housing equity funds and deploys third-party capital into assets originated by its lending desk.
OFG
2nd
Ofg Bancorp
$2.25Bn
53.20
+0.83%
+19.60%
The Wealth Management segment provides investment advisory activities and earns fees from trust and retirement plan services.
PPLT
abrdn Platinum ETF Trust
$2.17Bn
16.51
+0.12%
+27.39%
The company is an exchange-traded trust (ETF) that manages a portfolio of physical platinum bullion for investors. It charges a sponsor fee of 0.60% of the average net asset value to provide this investment vehicle to institutional and retail clients.
ASST
Strive
$2.16Bn
27.14
+1.19%
—
Strive operates as an institutional asset manager with over 2.4 billion dollars in assets under management, generating recurring fee-based revenue tied to its AUM. Its core activity involves managing a bitcoin treasury strategy and deploying capital to maximize long-term stockholder value.
FCF
2nd
First Commonwealth Financial
$2.16Bn
21.36
+0.95%
+18.53%
The company provides trust and wealth management services, generating fee revenue from these activities for its retail and institutional clients.
USO
United States Oil Fund
$2.10Bn
142.00
-0.04%
+89.76%
United States Oil Fund, LP operates as a commodity pool that manages an investment portfolio of oil futures contracts and related instruments on behalf of its shareholders. Its core activity is deciding how to invest capital to track the daily percentage changes in the spot price of light, sweet crude oil.
ETH
Grayscale Ethereum Staking Mini ETF
$2.10Bn
23.43
-2.50%
-44.43%
The company operates as an ETF (Exchange Traded Fund) that manages a portfolio of Ether on behalf of investors. It earns revenue through a sponsor fee based on its net asset value, which is the classic revenue model for an asset manager.
GLTR
abrdn Precious Metals Basket ETF Trust
$2.10Bn
201.69
-0.89%
+33.77%
The Trust operates as an ETF issuer that manages a portfolio of physical precious metals (gold, silver, platinum, and palladium) on behalf of investors. Its core activity is providing a pooled investment vehicle where shares reflect the market performance of the underlying assets.
SRCE
2nd
1St Source
$2.10Bn
87.23
+0.67%
+36.72%
The company provides trust and wealth advisory services, generating fee-based income from investment advisory and retirement plan administration for individual, estate, and corporate clients.
CHCO
2nd
City Holding
$2.04Bn
145.57
+0.43%
+13.32%
The company provides wealth and investment management services, generating revenue from wealth management asset-based charges.
ETHE
Grayscale Ethereum Staking ETF
$1.89Bn
19.75
-2.47%
-46.51%
The trust operates as an investment vehicle (ETF) that manages a portfolio of Ethereum tokens on behalf of shareholders to provide exposure to the asset's price and staking income. It earns revenue via a sponsor fee equal to 2.5% of the net asset value, which is characteristic of an asset management structure.
DBC
Invesco DB Commodity Index Tracking Fund
$1.89Bn
31.91
-0.13%
+43.67%
The company operates as an exchange traded fund (ETF) that manages an investment portfolio of commodity futures and Treasury obligations on behalf of investors. It earns returns by making investment decisions based on the DBIQ Optimum Yield Diversified Commodity Index.
NBHC
2nd
National Bank Holdings
$1.88Bn
42.10
+0.57%
+7.87%
Through its BOJHT segment, the company manages investment portfolios for individuals, trusts, endowments, and charities, with approximately $1.3 billion in assets under management.
FSUN
2nd
Firstsun Capital Bancorp
$1.81Bn
40.92
+0.69%
+6.51%
Through Sunflower Wealth Advisors LLC, the company provides discretionary investment management to retail and institutional clients, earning asset-based fees.
STBA
2nd
S&T Bancorp
$1.79Bn
50.64
+1.06%
+28.99%
The company provides wealth management and trust services for individual investors, families, and endowments, managing $2.1 billion in assets under administration and earning wealth management fees.
PAX
2nd
Patria Investments
$1.78Bn
11.14
-1.50%
-18.39%
The company manages public equity portfolios for Latin American and Chilean markets, which falls under traditional asset management of liquid securities.
BY
2nd
Byline Bancorp
$1.76Bn
38.84
+0.34%
+34.67%
The company provides trust and wealth management services to foundations, endowments, and high net worth individuals, with $823.2 million in assets under administration.
BFC
2nd
Bank First
$1.73Bn
156.23
+0.90%
+20.86%
The company derives additional revenue from fees for wealth management and investment services provided to its clients.
QCRH
2nd
Qcr Holdings
$1.68Bn
102.69
-0.14%
+30.28%
The company provides trust and asset management services through its banking subsidiaries, generating revenue from trust fees and investment advisory and management fees.
LKFN
2nd
Lakeland Financial
$1.51Bn
60.57
+0.90%
-8.97%
The bank provides wealth advisory and trust services, earning fee income from managing investment portfolios for its retail customer base.
AMAL
2nd
Amalgamated Financial
$1.47Bn
49.17
+0.27%
+71.56%
The company has a dedicated Trust and Investment Management segment that manages index and actively managed funds for institutional clients such as pension funds, foundations, and endowments.
BAR
GraniteShares Gold Trust
$1.47Bn
43.67
-0.77%
+24.27%
GraniteShares Gold Trust operates as an exchange-traded product that manages a portfolio of physical gold bullion on behalf of investors. It charges a sponsor's fee of 0.1749% of the net asset value to provide investors with a vehicle for gold exposure, fitting the model of an ETF issuer or multi-asset manager.
BHRB
2nd
Burke & Herbert Financial Services
$1.46Bn
72.35
-0.18%
+13.28%
The company generates revenue from wealth management fees and provides wealth and trust services to its clients.
PEBO
2nd
Peoples Bancorp
$1.44Bn
39.99
+0.83%
+28.30%
The company provides trust and investment services, wealth management, and the administration of employee benefit plans for its clients.
TMP
2nd
Tompkins Financial
$1.43Bn
99.69
+1.16%
+42.54%
The company has a dedicated wealth management segment under the Tompkins Financial Advisors brand that provides investment management and trust services for individual and institutional investors, earning asset-based management fees.
WLTH
Wealthfront
$1.43Bn
9.58
+2.68%
—
Wealthfront manages investment portfolios for clients and earns an asset-based fee (0.25% on its most popular offering), which contributed roughly 25% of its revenue in fiscal 2026. This core activity of deciding how to invest other people's money for a fee aligns with Asset Management.
CTBI
2nd
Community Trust Bancorp
$1.41Bn
77.76
+0.35%
+32.16%
Through the Community Trust and Investment Company subsidiary, the firm provides trust and wealth management services, acting as an investment agent and trustee for personal and employee benefit trusts.
WABC
2nd
Westamerica Bancorporation
$1.37Bn
59.39
+0.52%
+19.79%
The company provides trust and wealth management services that generate fee income, managing investment portfolios for its clients.
FMBH
2nd
First Mid Bancshares
$1.37Bn
51.33
+0.49%
+26.30%
Through First Mid Wealth Management Company, the firm provides asset management, investment management, and investment advisory services for individual and business clients.
OCFC
2nd
Oceanfirst Financial
$1.36Bn
19.43
+0.78%
+4.07%
The bank provides trust and fiduciary services that manage assets for clients, earning fee income from these activities.
HBT
2nd
HBT Financial
$1.33Bn
36.62
+0.07%
+39.70%
The company provides wealth management and trust services, earning non-interest income from wealth management and trust fees.
OPY
2nd
Oppenheimer Holdings
$1.32Bn
122.90
-1.42%
+74.30%
Through Oppenheimer Asset Management Inc., the firm manages separately managed accounts and mutual fund advisory programs, earning fees based on assets under management.
OSBC
2nd
Old Second Bancorp
$1.31Bn
25.72
+0.16%
+39.18%
The company provides wealth management and trust services through its subsidiary River Street Advisors LLC, earning asset under administration charges and investment advisory fees.
CLBK
2nd
Columbia Financial
$1.22Bn
11.70
+0.00%
-22.00%
The company provides wealth management services through Columbia Investment Services and third-party relationships, earning fee-based income for managing client assets.
HFWA
2nd
Heritage Financial
$1.20Bn
29.29
+0.21%
+20.58%
The company generates revenue from wealth management fees and offers wealth management services as part of its product suite to business owners and retail customers.
FETH
Fidelity Ethereum Fund
$1.17Bn
24.47
-2.51%
-45.28%
The company operates as a statutory trust that manages an investment portfolio of ether on behalf of clients, charging an annual sponsor fee of 0.25% on assets under management. Its core activity is providing a regulated investment vehicle for investors to gain exposure to the price performance of a specific asset.
UVSP
2nd
Univest Financial
$1.17Bn
42.35
+0.71%
+32.68%
The company operates a wealth management segment through Girard Advisory Services LLC, which earns investment advisory fees by managing portfolios for individual and institutional clients.
AMTB
2nd
Amerant Bancorp
$1.17Bn
29.73
+1.09%
+40.30%
The company provides wealth management and fiduciary services to high net worth individuals, managing 3.3 billion in assets under management and custody.
CFFN
2nd
Capitol Federal Financial
$1.12Bn
8.87
+0.80%
+35.42%
The company generates fee-based income through its trust and wealth management activities and private banking offerings for high net worth individuals.
BTCK
Teucrium Commodity Trust
$1.11Bn
29.60
+4.59%
—
The Trust manages investment portfolios (ETFs) such as the Teucrium Corn Fund and Teucrium Soybean Fund on behalf of investors. It earns revenue through management fees calculated as a fixed percentage of the Funds' average net assets.
HODL
VanEck Bitcoin ETF
$1.09Bn
22.57
-2.38%
-28.89%
The company is an exchange traded product (ETF) that manages a portfolio of bitcoin on behalf of investors and charges a management fee (sponsor fee) of 0.20 percent of average daily net assets. Its core activity is providing a pooled investment vehicle that tracks the price of bitcoin for institutional and retail investors.
GSG
iShares S&P GSCI Commodity-Indexed Trust
$1.08Bn
34.78
-0.46%
+52.88%
The trust operates as a pooled investment vehicle (an ETF) that manages a portfolio of index futures to track the S&P GSCI Total Return Index for its investors. It is managed by BlackRock Fund Advisors, which acts as the commodity trading advisor making the investment decisions for the fund.
VRTS
Virtus Investment Partners
$1.06Bn
159.42
+1.02%
-17.32%
Virtus Investment Partners is an asset management firm that manages investment portfolios for institutional and individual investors through open-end funds, ETFs, and separate accounts. It generates revenue primarily through asset-based fees for investment management and advisory services.
EQBK
2nd
Equity Bancshares
$1.05Bn
50.94
-0.10%
+18.96%
The company generates fee income from wealth management services, specifically providing investment management and trust services to its clients.
HBNC
2nd
Horizon Bancorp
$1.02Bn
19.91
+1.22%
+19.65%
The company has a wealth management division that earns fees from asset management services provided to individual and institutional clients.
TRST
2nd
Trustco Bank Corp N Y
$986.25Mn
57.92
+0.56%
+42.24%
The company generates fee income from trust and investment management services and wealth management services provided to its customers.
CPF
2nd
Central Pacific Financial
$984.77Mn
38.16
+0.74%
+23.30%
The bank provides fiduciary and investment management services, which are described as integrated wealth management services to meet the comprehensive financial needs of its clients.
CAC
2nd
Camden National
$982.90Mn
58.17
+1.09%
+44.16%
Through Camden National Wealth Management, the company provides investment advisory, trust, and asset management services to individual and institutional clients.
SBSI
2nd
Southside Bancshares
$978.30Mn
32.82
+1.58%
+6.08%
The company has a wealth management and trust division that provides investment management and manages retirement account options like IRAs and 401(k) plans for clients.
FMNB
2nd
Farmers National Banc
$951.87Mn
16.07
+1.58%
+6.85%
The Trust segment provides investment advisory services and fund management for institutional clients, retirees, and affluent individuals, earning wealth management fees.
MPB
2nd
Mid Penn Bancorp
$946.99Mn
37.40
+0.75%
+24.71%
The company provides trust and retail investment services and owns Cumberland Advisors, Inc., a registered investment advisory firm with $3.2 billion in assets under management.
BFST
2nd
Business First Bancshares
$939.62Mn
31.84
+1.11%
+26.60%
The company generates fee income from wealth management services provided to high net worth individuals and business owners.
FCBC
2nd
First Community Bankshares
$927.93Mn
49.09
+0.31%
+31.54%
The company operates a Trust and Wealth Management segment through First Community Wealth Management Inc., managing $1.75 billion in assets under fee-based arrangements and earning investment advisory fees.
BNO
United States Brent Oil Fund
$896.26Mn
56.13
+0.39%
+84.76%
The company is a commodity pool that manages an investment portfolio of Brent crude oil futures contracts on behalf of its investors. It earns revenue through a management fee paid to its sponsor, United States Commodity Funds LLC, based on a percentage of the fund's average daily net assets.
CCBG
2nd
Capital City Bank
$887.04Mn
51.84
+0.74%
+17.74%
Through Capital City Trust Company, the firm provides asset management services for individuals and institutions, earning advisory fees.
SPFI
2nd
South Plains Financial
$859.63Mn
45.63
+0.75%
+11.18%
The company provides investment and trust services, managing approximately $435 million in trust assets and $684.4 million in investment assets under management for fee income.
ORRF
2nd
Orrstown Financial Services
$848.36Mn
43.13
+1.58%
+24.51%
Through Orrstown Financial Advisors, the company manages $3.1 billion in assets under management, providing investment advisory and fiduciary services for individual and institutional clients.
ALRS
2nd
Alerus Financial
$844.27Mn
33.79
+1.26%
+50.65%
The company manages investment portfolios through its Wealth segment, offering proprietary strategies like Dimension and Blueprint for IRAs, foundations, and endowments.
PGC
2nd
Peapack Gladstone Financial
$822.22Mn
46.38
+0.96%
+61.27%
The company has a dedicated Wealth Management segment that provides investment management and fiduciary services to high net worth individuals and foundations, managing $13.1 billion in assets.
FISI
2nd
Financial Institutions
$821.76Mn
41.70
+1.26%
+52.75%
Through its subsidiary Courier Capital LLC, the company provides fee-based investment consulting, wealth management, and retirement plan services to high-net-worth individuals and institutions.
SMBC
2nd
Southern Missouri Bancorp
$817.03Mn
74.17
+1.04%
+30.10%
The company generates additional revenue through trust and wealth management fees offered through its subsidiaries.
HBIA
2nd
Hills Bancorporation
$813.60Mn
46.66
+0.00%
-38.81%
The company earns fee income from trust and investment advisory services, indicating it manages investment portfolios on behalf of clients.
SHBI
2nd
Shore Bancshares
$789.63Mn
23.63
+1.42%
+36.59%
The company provides wealth management and trust administration services, earning fees for managing investment portfolios and assets for its clients.
WASH
2nd
Washington Trust Bancorp
$767.79Mn
40.26
+1.28%
+33.44%
Through its Wealth Management and Trust Services segment and registered investment adviser subsidiary, the company manages investment portfolios and reported 7.8 billion dollars of assets under administration.
BITW
Bitwise 10 Crypto Index ETF
$734.96Mn
51.97
-2.46%
-31.26%
The company operates as an ETF (exchange traded fund) that manages a portfolio of crypto assets to track the Bitwise 10 Large Cap Crypto Index. It earns revenue through a management fee of 0.75% per annum of the trust's net asset value for making investment decisions and overseeing the portfolio.
PFIS
2nd
Peoples Financial Services
$719.04Mn
71.83
+1.30%
+36.64%
The company operates trust and wealth management operations, generating fee income from managing investment portfolios for its clients.
UVIX
VS Trust
$713.57Mn
37.86
+0.83%
+208.56%
VS Trust operates as a sponsor of exchange traded funds (ETFs), specifically SVIX and UVIX, and generates revenue through management fees based on the funds' average daily net assets. Its core activity is making investment decisions to replicate the performance of VIX futures indices on behalf of its investors.
MSBI
2nd
Midland States Bancorp
$699.08Mn
33.73
+0.60%
+84.22%
The company has a dedicated Wealth Management segment that manages investment portfolios and provides trust and investment management services, earning fees on approximately $4.48 billion in assets under administration.
RRBI
2nd
Red River Bancshares
$680.59Mn
103.36
-0.13%
+60.40%
The company operates a brokerage division with $1.33 billion of assets under management, which contributes fee-based income to the company's total revenue.
BHB
2nd
Bar Harbor Bankshares
$677.02Mn
40.41
+0.65%
+24.57%
The company manages investment portfolios for individuals, estates, and foundations through its wealth management and trust services division, which reported $3.0 billion in assets under management at year end 2025.
VINP
2nd
Vinci Compass Investments
$674.02Mn
9.51
-3.45%
-5.28%
The company manages traditional liquid investment portfolios through its Equities segment, offering long-only and dividend strategies to institutional and high-net-worth clients.
ACNB
2nd
Acnb
$670.71Mn
65.95
+0.52%
+44.95%
ACNB Bank provides trust and investment services through ACNB Wealth Management, earning fees for managing these portfolios.
AROW
2nd
Arrow Financial
$654.69Mn
39.57
+0.30%
+34.87%
The company operates a registered investment adviser that earns fees for providing advisory and asset management services to clients.
KRNY
2nd
Kearny Financial
$654.17Mn
10.13
+0.70%
+50.74%
The company generates revenue from income derived from wealth management and related services offered through its subsidiaries.
PALL
abrdn Palladium ETF Trust
$632.17Mn
25.35
-1.78%
+21.12%
The trust operates as an ETF issuer, providing institutional and retail investors with a pooled investment vehicle to gain exposure to physical palladium bullion. Its core activity is managing a portfolio of assets (palladium) for the benefit of shareholders, charging an expense ratio of 0.60%.
FBIZ
2nd
First Business Financial Services
$609.46Mn
72.83
+1.10%
+40.84%
The company provides private wealth management services, including investment management and trust and estate administration, for high net worth individuals.
NOAH
Noah Holdings
$567.26Mn
8.46
+1.81%
-31.05%
Noah Holdings operates a wealth management business that distributes investment products and provides advisory services to high net worth individuals, contributing 69.2% of total net revenues in 2024. This includes distributing mutual funds and private secondary products through Noah Upright and ARK Wealth Management.
ITIC
2nd
Investors Title
$562.57Mn
297.97
-0.54%
+16.86%
Through its 'All Other' segment, the company provides investment management services and trust services that administer assets for individuals, corporations, and banks, earning asset-based management fees.
OBT
2nd
Orange County Bancorp
$519.16Mn
38.72
+0.83%
+46.78%
The company provides asset management and investment advisory services for individuals, trusts, and retirement plans through its subsidiary Orange Investment Advisors, Inc. and its trust department, earning fee-based revenue for managing these portfolios.
COFS
2nd
Choiceone Financial Services
$512.80Mn
34.30
+0.76%
+11.18%
The company has a dedicated trust and wealth management division that manages assets and provides investment advisory services for individuals and institutional clients.
BRRR
CoinShares Bitcoin ETF
$502.54Mn
22.51
-2.39%
-29.10%
The company is an exchange-traded fund (ETF) that manages a portfolio of bitcoin on behalf of investors to track the CME CF Bitcoin Reference Rate. Its core activity is making the investment decision to hold bitcoin and providing investors with exposure to this asset through shares traded on Nasdaq.
UNG
United States Natural Gas Fund
$502.09Mn
10.56
+0.67%
-19.39%
The company operates as a commodity pool that manages an investment portfolio of natural gas futures, options, and swaps on behalf of its shareholders. It earns revenue by deducting management fees from its assets to cover the costs of executing its investment strategy.
WTBA
2nd
West Bancorporation
$499.21Mn
29.29
+0.97%
+46.08%
The company provides trust services, which involve managing investment portfolios and assets for clients in exchange for fee income.
HKHC
Horizon Kinetics Holding
$493.83Mn
26.50
-0.56%
-31.01%
The company's primary source of revenue is advisory fee income earned from managing client accounts, including mutual funds, ETFs, and separately managed accounts. It manages specific investment vehicles such as the Inflation Beneficiaries ETF and the Paradigm Fund, making investment decisions on behalf of clients.
GDLC
Grayscale CoinDesk Crypto 5 ETF
$473.78Mn
36.34
-2.42%
-29.74%
The company operates as an investment fund that manages a pool of digital assets on behalf of clients, charging a management fee of 2.5 percent of the net asset value. Its core activity is deciding how to invest capital according to the CoinDesk 5 Index methodology to provide investors with exposure to large cap cryptocurrencies.
DHIL
Diamond Hill Investment
$473.45Mn
174.99
+0.01%
+39.45%
Diamond Hill manages investment portfolios through open-end mutual funds, ETFs, and separately managed accounts, charging investment advisory and fund administration fees. The company's core activity is making active investment decisions for clients, as evidenced by its $30.962 billion in assets under management and advisement.
CZNC
2nd
Citizens & Northern
$468.47Mn
26.11
+1.08%
+27.86%
The trust department provides asset management and 401(k) plan administration, earning fees based on assets under management.
ALTI
AlTi Global
$467.83Mn
3.00
-21.87%
-29.91%
AlTi Global provides discretionary investment management and non-discretionary investment advisory services to families, foundations, and institutions. Its primary revenue is generated through recurring management and advisory fees calculated as a percentage of assets under management or advisement.
PBFS
2nd
Pioneer Bancorp
$460.56Mn
18.54
+2.83%
+42.62%
Through Pioneer Financial Services, Inc., the company manages $1.4 billion in assets under management and provides investment advice and retirement planning.
FGDL
Franklin Templeton Holdings Trust
$458.18Mn
59.12
-0.99%
+24.07%
The company operates as an ETF (Franklin Responsibly Sourced Gold ETF), which is a pooled investment vehicle that manages a portfolio of gold bullion on behalf of individual and institutional investors. It charges a management fee (0.15 percent of daily net asset value) to cover expenses, fitting the model of an asset manager.
EZBC
Franklin Templeton Digital Holdings Trust
$452.07Mn
46.13
-2.33%
-27.45%
The trust operates as a passive investment vehicle (the Franklin Bitcoin ETF) that manages a portfolio of bitcoin on behalf of investors. It earns revenue through an annual management fee of 0.19 percent of the fund's net asset value paid to its sponsor.
BMRC
2nd
Bank of Marin Bancorp
$449.07Mn
27.73
+1.43%
+14.87%
The company has a dedicated Wealth Management and Trust Services segment that provides investment management and fiduciary services to individuals, families, and institutions.
FXY
Invesco CurrencyShares Japanese Yen Trust
$445.89Mn
58.67
-0.34%
-5.34%
The trust operates as a passive investment vehicle (ETF-like structure) that manages a portfolio of Japanese Yen on behalf of institutional and retail investors. It earns revenue through interest on assets and charges a sponsor's fee based on the assets under management.
UUP
Invesco DB US Dollar Index Bullish Fund
$440.70Mn
28.07
+0.25%
+2.07%
The company is an investment fund whose core activity is managing a portfolio of futures contracts and Treasury obligations to track the Deutsche Bank Long USD Currency Portfolio Index. It earns a management fee of 0.75 percent per annum of the daily net asset value for making these investment decisions on behalf of its shareholders.
FXF
Invesco CurrencyShares Swiss Franc Trust
$429.84Mn
108.82
-0.25%
-1.22%
The company is a grantor trust that issues shares of an exchange-traded security to provide investors with exposure to the Swiss Franc. It manages a portfolio of currency holdings on behalf of institutional and retail investors, fitting the description of an ETF issuer or multi-asset manager.
BTCO
Invesco Galaxy Bitcoin ETF
$426.54Mn
79.43
-2.31%
-29.07%
The company is an ETF that manages an investment portfolio (bitcoin) on behalf of clients to track a benchmark index. It generates revenue through a Sponsor Fee of 0.25% per annum of the daily total net assets, which is a classic asset management fee structure.
AXG
2nd
Solowin Holdings
$423.26Mn
2.24
-1.75%
-14.50%
The Asset Management Services segment manages investment fund products and earns management and performance fees, as well as distribution fees from partnerships.
CHMG
2nd
Chemung Financial
$409.05Mn
84.84
+0.32%
+59.08%
The company has a dedicated Wealth Management segment that manages $2.212 billion in assets, providing investment management and fiduciary services for fees.
CZFS
2nd
Citizens Financial Services
$398.83Mn
82.92
-0.80%
+38.08%
The company operates a trust and investment services division that manages assets for clients, generating revenue through investment management fees on assets under management.
FNLC
2nd
First Bancorp
$396.34Mn
35.14
+0.31%
+30.00%
The company earns income from wealth management and advisory services, as well as fiduciary fees, indicating it manages investment portfolios for its clients.
FXE
Invesco CurrencyShares Euro Trust
$380.35Mn
107.14
-0.15%
-0.42%
The company operates as a grantor trust that manages a portfolio of euro deposits to provide investors with exposure to the currency. It functions as an exchange-traded product (ETF-like structure) where the sponsor earns a management fee of 0.40 percent of the trust's assets.
DBB
Invesco Db Base Metals Fund
$371.94Mn
25.74
-0.16%
+29.35%
The Fund is an investment vehicle that manages a portfolio of base metals futures contracts to track the DBIQ Optimum Yield Industrial Metals Index. It earns revenue through a management fee of 0.75% per annum of the daily net asset value paid to Invesco Capital Management LLC.
BRBS
2nd
Blue Ridge Bankshares
$355.03Mn
3.96
+0.25%
-1.98%
Through its subsidiary BRB Financial Group, Inc., the company earns wealth management fees from trust and investment advisory activities for personal and corporate trust clients.
FCCO
2nd
First Community
$324.85Mn
34.56
+1.53%
+27.15%
The bank provides investment advisory services and earns brokerage commissions through its affiliation with LPL Financial, managing investment needs for its customers.
FDBC
2nd
Fidelity D & D Bancorp
$319.88Mn
55.07
+0.09%
+21.67%
The company provides asset management and wealth management services to individuals and businesses, earning fee-based revenue from these activities.
CBNA
2nd
Chain Bridge Bancorp
$310.37Mn
47.30
+1.55%
+56.21%
The company offers wealth management and investment advisory services, generating revenue through wealth management fees.
CFFI
2nd
C & F Financial
$308.42Mn
94.89
+0.27%
+34.08%
The company offers wealth management services via C&F Wealth Management, earning income from managing investment portfolios for its clients.
MYFW
2nd
First Western Financial
$306.23Mn
31.36
-0.22%
+36.88%
The company manages $7.28 billion of trust and investment management assets and generates significant non-interest income from investment management and trust services for high net worth individuals and families.
CCFN
2nd
Muncy Columbia Financial
$305.47Mn
28.78
-0.07%
+74.42%
The company generates noninterest income through trust department services and wealth management services provided to its clients.
ISBA
2nd
Isabella Bank
$305.46Mn
40.04
+0.91%
+21.70%
The company provides full service investment management and trust services, which generate noninterest income by managing assets for clients.
FRAF
2nd
Franklin Financial Services
$288.77Mn
64.26
+1.68%
+38.34%
The company provides wealth management services to individuals and businesses, generating noninterest income specifically from wealth management fees.
ATLO
2nd
Ames National
$287.33Mn
32.44
+1.22%
+65.43%
The company explicitly lists fees from wealth management services as a contributor to its income, indicating a material asset management business line for its clients.
FUNC
2nd
First United
$286.23Mn
44.35
+0.93%
+20.75%
The company has a dedicated Wealth Management segment that manages investment agency accounts and provides investment advisory services for personal and institutional clients.
FXNC
2nd
First National
$285.75Mn
31.60
+2.00%
+35.16%
The company provides wealth management services, including investment management of assets and trustee services, which generate fee income.
RILY
2nd
BRC Group Holdings
$282.60Mn
7.03
-0.99%
+38.39%
The Wealth Management segment provides investment management services to individuals, families, and institutions, managing approximately $13.0 billion in assets under management.
WNEB
2nd
Western New England Bancorp
$278.44Mn
13.89
+1.31%
+11.84%
The company earns wealth management fees through a partnership with LPL Financial, providing advisory and brokerage products to retail and institutional clients.
LCNB
2nd
Lcnb
$278.38Mn
19.53
+2.25%
+22.06%
The company has a dedicated Wealth Management segment that provides fiduciary and trust services, earning fees based on the market value of assets under management.
HWBK
2nd
Hawthorn Bancshares
$276.65Mn
40.09
+1.29%
+26.19%
The company has a dedicated Wealth Management segment that provides investment and asset management services, earning fees for managing portfolios on behalf of clients.
DBP
Invesco DB Precious Metals Fund
$266.89Mn
102.65
-0.56%
+25.70%
The company operates as an exchange-traded fund (ETF) that manages an investment portfolio of futures contracts tied to gold, platinum, and silver. It earns revenue through a management fee of 0.75% of its daily net asset value for making investment decisions based on the DBIQ Optimum Yield Precious Metals Index.
DEFT
Defi Technologies
$262.36Mn
0.68
+0.00%
-65.66%
The company's Asset Management business line, Valour, develops and lists exchange traded products (ETPs) on traditional stock exchanges, earning revenue through management fees. This core activity involves managing investment portfolios to provide exposure to digital assets for retail and institutional investors.
ETHW
Bitwise Ethereum ETF
$262.14Mn
17.57
-2.44%
-45.26%
The company is an ETF that manages a portfolio of ether on behalf of shareholders, charging a daily management fee as a percentage of the trust's net asset value. Its core activity is providing a pooled investment vehicle for investors to gain exposure to a specific asset.
NCIQ
Hashdex Nasdaq CME Crypto Index ETF
$261.71Mn
20.07
-2.57%
-35.03%
The company operates as an ETF that manages an investment portfolio (a basket of crypto assets) on behalf of clients and generates revenue through a management fee of 0.25 percent per annum of the net asset value. Its core activity is deciding how to invest funds to replicate the Nasdaq CME Crypto Settlement Price Index for its investors.
VABK
2nd
Virginia National Bankshares
$254.62Mn
46.94
-0.06%
+21.92%
The company provides trust and estate administration through VNB Trust and Estate Services, which generates fee revenue by managing assets for clients.
BMO
2nd
Bank Of Montreal
$248.73Mn
175.43
-0.80%
+42.00%
The company operates a Wealth Management segment that provides asset management and investment advisory services to retail and institutional clients.
PEBK
2nd
Peoples Bancorp Of North Carolina
$241.07Mn
44.14
+1.92%
+40.75%
Through Peoples Investment Services, Inc., the company provides investment counseling and non-deposit investment products such as stocks, bonds, and mutual funds to individual investors.
MTC
2nd
Mmtec
$233.53Mn
4.36
+9.27%
+358.95%
MMTEC engages in MOM (Manager of Managers) fund management, which involves making investment decisions and managing portfolios for clients.
EFSI
2nd
Eagle Financial Services
$226.75Mn
41.90
+0.94%
+14.64%
The Bank of Clarke Wealth Management Division provides investment management and advisory services, earning fee-based income from managing portfolios and selling investment products like mutual funds.
CMTV
2nd
Community Bancorp
$223.81Mn
39.96
-3.20%
+76.89%
The company provides trust and wealth management services through an affiliated non-depository trust company, generating revenue from wealth management and trust advisory fees.
PLTM
GraniteShares Platinum Trust
$190.64Mn
17.49
+0.11%
+32.00%
GraniteShares Platinum Trust operates as a pooled investment vehicle (a grantor trust) that manages a portfolio of physical platinum on behalf of retail and institutional investors. It charges a sponsor's fee based on the trust's net asset value, which is the characteristic revenue model of an asset manager.
SBFG
2nd
Sb Financial
$187.53Mn
29.99
+2.64%
+36.13%
The Trust and Wealth Management segment provides asset management services for individuals and corporate employee benefit plans, earning revenue through wealth management and trust administration fees.
ENBP
2nd
ENB Financial
$170.30Mn
29.80
-0.33%
+54.08%
The company operates the ENB Wealth Solutions division, which provides trust and investment advisory services to individuals and businesses.
RMBI
2nd
Richmond Mutual Bancorporation
$168.18Mn
16.01
+0.95%
+9.36%
The company provides trust and wealth management services, including investment management and private banking, which generate fee-based income.
WHG
Westwood Holdings
$167.79Mn
18.84
-0.84%
+8.46%
Westwood Holdings is a registered investment adviser that manages investment portfolios through mutual funds, ETFs, and separate accounts. Its primary revenue is generated from management fees based on a percentage of assets under management (AUM) for institutional and high-net-worth clients.
UGA
United States Gasoline Fund
$166.61Mn
133.29
+1.78%
+105.66%
The company operates as a commodity pool that manages an investment portfolio of gasoline futures and cash equivalents on behalf of its shareholders. It earns revenue through a management fee calculated as a percentage of average daily net assets, which is the core revenue model for asset managers.
ETHV
VanEck Ethereum ETF
$158.05Mn
35.92
-2.39%
-45.23%
The company operates as an exchange traded fund (ETF) that manages a portfolio of Ether for investors, charging a sponsor fee of 0.20% of average daily net assets. Its core activity is providing a regulated investment vehicle for clients to gain exposure to a specific digital asset.
TOXR
21Shares XRP ETF
$151.79Mn
13.65
-4.88%
—
The company is an ETF that manages a portfolio consisting of XRP on behalf of institutional and retail investors. Its core activity is providing a pooled investment vehicle that tracks the performance of a specific asset, charging a sponsor fee for this management.
RBKB
2nd
Rhinebeck Bancorp
$143.34Mn
12.82
+0.23%
-2.51%
The company operates a dedicated Rhinebeck Asset Management division that provides investment advisory services and earns fees for wealth management activities.
GSOL
Grayscale Solana Staking ETF
$140.35Mn
7.68
-3.40%
-57.59%
The trust operates as an exchange-traded product that manages a portfolio consisting of Solana tokens (SOL) on behalf of investors. It charges a sponsor fee of 0.35% of the net asset value to manage this investment vehicle and provide exposure to the underlying asset.
TOP
2nd
TOP Financial
$130.57Mn
14.99
-1.32%
+1,181.20%
The company is licensed by the Hong Kong Securities and Futures Commission to conduct asset management activities and provides asset management advisory services to its clients.
BOTJ
2nd
Bank Of The James Financial
$125.40Mn
27.60
+0.40%
+79.10%
Through its subsidiary Pettyjohn, Wood & White, Inc., the company provides investment advisory and wealth management services, earning fees based on assets under management.
FKYS
2nd
First Keystone
$121.64Mn
19.24
+1.42%
+12.51%
The company provides trust investment accounts, mutual funds, and the management of pension and profit sharing plans through its trust department. These activities involve making investment decisions for clients in exchange for fees.
SAMG
Silvercrest Asset Management
$120.49Mn
10.17
+2.21%
-36.79%
Silvercrest manages investment portfolios for ultra high net worth individuals and institutional investors, reporting $37.0 billion in assets under management. The majority of its revenue is derived from asset-based fees charged as a percentage of these discretionary assets.
NWPP
2nd
New Peoples Bankshares
$112.52Mn
4.78
+0.42%
+47.99%
The company generates revenue from asset management fees provided through its New Peoples Financial Services division.
UDN
Invesco Db Us Dollar Index Bearish Fund
$109.74Mn
18.29
-0.22%
-2.13%
The company is an investment fund that manages a portfolio of DX futures contracts and Treasury obligations to deliver specific investment results for its clients. It operates as an exchange-traded product where the core activity is deciding how to invest capital to track the inverse performance of the Deutsche Bank Short USD Currency Portfolio Index.
DBE
Invesco DB Energy Fund
$109.05Mn
34.62
+0.35%
+80.50%
The Fund is an investment vehicle that manages a portfolio of energy commodity futures to track the DBIQ Optimum Yield Energy Index. It charges management fees based on a percentage of net asset value for making these investment decisions on behalf of its shareholders.
AUC
2nd
ATIF Holdings
$108.06Mn
6.24
-1.27%
+4.87%
The company explicitly states that it earns income from 'asset management' through its subsidiaries.
RVSB
2nd
Riverview Bancorp
$107.25Mn
5.32
+1.33%
+10.14%
Through its subsidiary Riverview Trust Company, the company manages investment portfolios for clients and earns fees for managing assets under fiduciary or agency capacity.
SIEB
2nd
Siebert Financial
$103.99Mn
2.53
+3.27%
-2.32%
The company earns investment advisory fees through wealth management and financial advice services provided to clients.
FXA
Invesco CurrencyShares Australian Dollar Trust
$103.43Mn
71.33
+0.08%
+10.60%
The trust operates as a passive investment vehicle (ETF) that manages a portfolio of Australian Dollars on behalf of institutional and retail investors. It charges a sponsor fee of 0.40 percent of assets held to provide investors with a cost-effective way to gain exposure to the currency.
UWHR
2nd
Uwharrie Capital
$98.22Mn
13.82
+0.00%
+41.60%
The firm has investment advisory units that generate income from asset management fees based on the market value of client portfolios.
ASRV
2nd
Ameriserv Financial
$85.84Mn
5.06
-0.20%
+69.80%
The company provides wealth management services and earns asset management fees, as well as acting as a trustee for union-sponsored investment funds like the ERECT Funds.
JUVF
2nd
Juniata Valley Financial
$84.48Mn
16.78
+0.24%
+18.17%
The company provides trust and asset management services, earning investment advisory fees for managing portfolios for trust and wealth management clients.
HNNA
Hennessy Advisors
$80.94Mn
10.24
-1.44%
-16.54%
Hennessy Advisors manages investment portfolios through sixteen open end mutual funds and one exchange traded fund (the Hennessy Funds). The company earns the majority of its revenue from investment advisory fees calculated as a percentage of the average daily net asset values of these funds.
FXB
Invesco CurrencyShares British Pound Sterling Trust
$77.95Mn
129.91
-0.13%
+0.62%
The trust operates as a passive investment vehicle that manages a portfolio of British Pound Sterling on behalf of retail and institutional investors. It issues shares designed to reflect the price of the currency, functioning as an exchange-traded product (ETF) which falls under the asset management category of managing investment portfolios for clients.
FXC
Invesco CurrencyShares Canadian Dollar Trust
$77.74Mn
70.67
-0.27%
-0.21%
The trust operates as a passive investment vehicle that manages a portfolio of Canadian dollar deposits on behalf of shareholders. It functions as an ETF-like product, allowing retail and institutional investors to gain exposure to a specific asset class through shares traded on the NYSE Arca.
OBTC
Osprey Bitcoin Trust
$75.22Mn
25.58
-2.81%
-19.18%
Osprey Bitcoin Trust operates as an exchange-traded product that manages a portfolio of Bitcoin on behalf of investors. It generates revenue through a management fee (0.49% of net asset value) for deciding how to hold and manage the trust's assets to reflect the performance of the CME CF Bitcoin Reference Rate.
GLNK
Grayscale Chainlink Trust ETF
$70.43Mn
10.37
-1.43%
-78.29%
The company operates as an investment trust that manages a portfolio of Chainlink (LINK) tokens on behalf of its shareholders. It earns a sponsor fee calculated as a percentage of the trust's net asset value, which is the typical revenue model for an asset manager providing a pooled investment vehicle.
LTCN
Grayscale Litecoin Trust (LTC)
$64.17Mn
3.73
-2.10%
-61.23%
The trust manages a portfolio consisting of Litecoin on behalf of accredited and institutional investors, providing them with exposure to the asset's price movement. It operates as a pooled investment vehicle where the core activity is holding and managing the digital asset for the benefit of shareholders.
GXRP
Grayscale XRP Trust ETF
$64.12Mn
27.17
-4.77%
—
The trust operates as a passive investment vehicle (ETF) that manages a portfolio of XRP tokens on behalf of institutional and retail investors. It earns revenue via a sponsor fee calculated as a percentage of the trust's net asset value, which is the standard revenue model for asset management.
BDRY
Amplify Commodity Trust
$57.20Mn
16.58
+2.60%
+105.63%
Amplify Commodity Trust operates as a commodity pool that manages investment portfolios (BDRY and BWET) to provide investors with exposure to freight futures prices. It earns revenue through management fees charged to the funds for making investment decisions and managing the portfolios.
ETCG
Grayscale Ethereum Classic Trust (ETC)
$55.14Mn
3.94
-2.23%
-66.06%
The trust is a passive investment vehicle that manages a portfolio consisting of Ethereum Classic (ETC) on behalf of accredited investors. It charges a sponsor fee calculated as a percentage of the trust's net asset value, which is the standard revenue model for asset management.
DOMH
Dominari Holdings
$50.91Mn
2.10
-1.41%
-63.03%
Dominari operates a significant Asset Management segment and Wealth Management business, earning asset-based advisory fees and fees from discretionary and non-discretionary portfolio management for high-net-worth individuals and institutions.
EZET
Franklin Ethereum Trust
$50.22Mn
18.60
-2.52%
-42.68%
The company operates as an ETF (Franklin Ethereum ETF) that manages a portfolio of ether on behalf of investors. It earns revenue through a Sponsor's fee based on a percentage of the Fund's net asset value, which is the standard revenue model for asset management.
USL
United States 12 Month Oil Fund
$48.16Mn
53.51
+0.62%
+49.16%
The company operates as a commodity pool and investment fund that manages a portfolio of oil futures, swaps, and options to achieve a specific investment objective for its shareholders. It makes investment decisions regarding the rolling of futures contracts to provide investors with exposure to crude oil prices, which is the core activity of an asset manager.
MATH
2nd
Metalpha Technology Holding
$45.70Mn
0.97
+18.29%
-69.97%
Through its subsidiary LSQ Capital Limited, the company provides asset management and securities advising services, contributing 11.2% of its total income.
MGLD
Marygold Companies
$44.10Mn
1.03
-0.96%
-10.43%
The company's U.S. Fund Management segment manages 16 ETFs with $2.8 billion in assets under management, earning monthly management and advisory fees. This core activity of deciding how to invest pooled capital into commodity and equity groups fits the Asset Management definition.
ZSTK
2nd
ZeroStack
$42.83Mn
4.30
-10.79%
-80.37%
The company operates a digital assets segment focused on AI-driven asset management and the strategic accumulation of digital assets like 0G Tokens and Bitcoin for capital appreciation.
PLUT
2nd
Plutus Financial
$42.21Mn
2.75
+7.84%
-4.51%
Plutus Asset Management Limited manages discretionary accounts and segregated portfolio funds, earning management, subscription, and performance fees.
GROW
U S Global Investors
$41.32Mn
2.98
-8.87%
+22.13%
The company is a registered investment adviser that manages portfolios for mutual funds and exchange traded funds, such as the U.S. Global Jets ETF and the Gold and Precious Metals Fund. It generates its primary revenue from management and administrative fees calculated as a percentage of assets under management.
BMNM
2nd
Bimini Capital Management
$34.69Mn
3.45
+0.00%
+171.65%
The company has a dedicated asset management segment where it serves as the external manager for Orchid Island Capital, Inc., earning management fees and expense reimbursements for making investment decisions on behalf of that client.
STKE
2nd
SOL Strategies
$28.52Mn
1.24
-3.88%
-81.10%
The company manages a substantial treasury of Solana tokens and strategically deploys capital to expand these holdings, acting as an investment company that earns rewards and manages assets for growth.
FOFA
Family Office Of America
$27.53Mn
0.90
+0.00%
+221.43%
The company provides wealth management and asset management services to affluent individuals and families, generating revenue through management fees. These core activities involve deciding how to invest client money as part of its integrated family office platform.
SNNF
2nd
Seneca Bancorp
$26.11Mn
14.50
-0.96%
+20.83%
Through its subsidiary Financial Quest, the company provides asset management services and earns fee income from managing investment portfolios.
COHN
2nd
Cohen
$25.65Mn
11.35
+0.35%
-5.30%
The Asset Management segment manages investment funds, managed accounts, and joint ventures, earning base and incentive management fees based on the assets under management.
AMBR
2nd
Amber International Holding
$24.41Mn
0.91
-3.19%
-76.24%
The company manages investment portfolios through 'standard earn', 'structured products', and 'strategic funds' for institutional clients and high-net-worth individuals, earning shared investment gains.
QETH
Invesco Galaxy Ethereum ETF
$24.03Mn
24.45
-2.36%
-45.27%
The company is an ETF that manages an investment portfolio (specifically ether) on behalf of clients to reflect the performance of a spot price. It operates as a pooled investment vehicle where investors gain or lose based on the net asset value of the trust's holdings.
ORIO
Orion Digital
$23.46Mn
0.98
-1.01%
-44.32%
The company's primary focus is its digital wealth platform, offering managed investing through the Intelligent Investing app and self-directed trading via MogoTrade. Revenue is generated from subscription and service fees tied to assets under management.
GSUI
Grayscale Sui Staking ETF
$23.00Mn
11.01
-3.67%
—
The Trust operates as a passive investment vehicle that manages a portfolio of Sui tokens on behalf of investors, charging a Sponsor's Fee based on a percentage of the net asset value. Its core activity is providing a pooled investment structure (ETF) for clients to gain exposure to a specific digital asset.
BCG
2nd
Binah Capital
$22.18Mn
1.30
-2.99%
-27.78%
Binah Capital operates three registered investment advisors (RIAs) that provide fee-based asset management services to clients.
TETH
21Shares Ethereum ETF
$19.86Mn
12.26
-2.54%
-45.19%
The company operates as a passively managed exchange-traded fund (ETF) that manages a portfolio of ether on behalf of institutional and retail investors. It earns revenue through a Sponsor Fee based on a percentage of its assets under management (AUM).
UNL
United States 12 Month Natural Gas Fund
$15.85Mn
5.87
+0.17%
-24.65%
The company operates as a commodity pool and exchange-traded product that manages an investment portfolio of natural gas futures contracts on behalf of investors. It earns revenue through management fees calculated as a percentage of average daily total net assets, which is the core revenue model for asset managers.
FWFW
2nd
Flywheel Advanced Technology
$13.64Mn
0.46
+130.00%
+170.59%
The company has a business segment for wealth management services through its minority interest in Elison Virtus Company Limited, which owns Flywheel Financial Strategy (Hong Kong) Company Limited. This entity provides wealth management services to high-net-worth individuals and institutional clients.
FOFO
Hang Feng Technology Innovation
$12.79Mn
2.20
+0.92%
-82.19%
The company manages an open-ended fund focused on secondary market investments in global technology and innovation companies. It generates revenue through subscription fees of 2% and annual management fees of 1.2% of assets under management.
DSS
2nd
Dss
$8.34Mn
0.83
-1.19%
-38.97%
The company provides investment advisory services through its Securities and Investment Management segment, managing assets for institutional and retail investors.
HZEN
Grayscale Horizen Trust (ZEN)
$5.61Mn
0.82
+10.81%
-1.20%
The Trust operates as a passive investment vehicle that manages a portfolio of Horizen (ZEN) on behalf of investors, charging a Sponsor's Fee based on the Net Asset Value (NAV). Its core activity is providing investors with fractional exposure to a specific digital asset through the issuance of shares.
USCI
United States Commodity Index Funds Trust
$5.37Mn
107.39
-0.21%
+39.72%
The trust manages investment portfolios (USCI and CPER) on behalf of retail and institutional investors, making investment decisions based on commodity indices. It generates revenue through annual management fees calculated as a percentage of average daily net assets.
IWSH
Wright Investors Service Holdings
$3.51Mn
0.17
+0.00%
-15.00%
The company is a shell with no operations, and its only financial activity is holding assets in money market mutual funds to earn interest and dividends. While it does not hold itself out as a professional investment firm, F-09 is the closest fit within the Financial Services sector for a company whose sole activity is the management of its own investment portfolio.
GTAO
Grayscale Bittensor Trust (TAO)
$3.17Mn
6.32
+1.61%
—
The Trust operates as a passive investment vehicle that manages a portfolio of Bittensor (TAO) tokens on behalf of accredited investors. It earns revenue through a recurring Sponsor's Fee of 2.5% of its net asset value (NAV) for managing the investment interests.
GDOG
Grayscale Dogecoin Trust ETF
$2.83Mn
9.94
-5.33%
—
The Trust operates as a passive investment vehicle that manages a portfolio consisting of Dogecoin (DOGE) on behalf of its shareholders. It charges a Sponsor's Fee to provide this managed exposure to the underlying asset, fitting the model of an ETF issuer or mutual fund company.
GSIW
2nd
Garden Stage
$1.27Mn
16.30
-4.17%
-18.58%
The company operates I Win Asset Management, which manages discretionary accounts and offshore funds, such as the I Win Growth SPC fund, earning asset management fees.
AGQ
ProShares Trust
$699.69K
81.72
-2.33%
+34.54%
ProShares Trust operates as a sponsor of exchange traded funds (ETFs) that manage investment portfolios to provide leveraged, inverse, and matching exposure to benchmarks. The company generates revenue through management fees paid by the Funds to the Sponsor, ProShare Capital Management LLC, based on the average daily NAV.
CSHR
CoinShares
$609.00
5.80
-1.53%
—
CoinShares manages digital asset investment products, including exchange traded notes and managed portfolios, for institutional and retail investors. Its revenue is primarily derived from management fees, advisory fees, and performance-based fees charged on assets under management.
FYNN
2nd
Fyntechnical Innovations
$0.00
0.00
—
—
Through its subsidiary Bateau Asset Management Pty, Ltd., the company operates as a boutique investment manager providing absolute-return, multi-manager portfolio management and earns management fees from institutional and high-net-worth clients.
