Asset management as an industry has done well the past few years. Going into 2014, my picks are Evergreen, JP Morgan, Lazard, Covestor and Merrill Lynch.

1. PROFILES OF TOP 5 ASSET
MANAGEMENT FIRMS

2. WHAT IS ASSET MANAGEMENT?

As defined by Wikipedia, asset management is
“…a systematic process of
operating, maintaining, upgrading,
and disposing of assets costeffectively.”

3. MY TOP 5 PICKS FOR ASSET MANAGEMENT
1.
Evergreen Asset Management
2.
JP Morgan Chase
3.
Merrill Lynch
4.
Lazard
5.
Covestor

4. Profile
Founded: 1988
CEO: John Voigt
Headquarters: Gig Harbor,
Washington
Relatively young but experienced asset
management firm, one of the leaders in the field in
the Puget Sound area.
 Promotes itself as a broad asset management
business capable of running products and services
for multiple industries.
 Official Title Sponsor of Race For A Soldier in 2013.


5. Profile
Founded: 1871
CEO: Jamie Dimon
Headquarters: New York, New
York
Several dozen offices world wide in Pacific Asia,
North America and Europe.
 One of the largest asset management firms in the
world, managing an estimated $1.5 trillion.
 Recently celebrated 25 years of asset management
presence in Germany.


6. Profile
Founded: 1914
CEO: Brian Moynihan
Headquarters: New York, New
York
Wealth management division for Bank of America,
occupies the entire Four Worlds Financial Center
building.
 Acquired by Bank of America in 2008 after being
publicly traded for decades.
 Manages over $2,2 trillion in client assets.


7. Profile
Founded: 1848
CEO: Kenneth Jacobs
Headquarters: New
York, New York
Total assets under management estimated to be
roughly $163 billion.
 Founded by three French brothers as a dry goods
merchandise store that expanded into banking.
 Recently reported one of their strongest quarters
ever for 4Q 2013.


8. Profile
Founded: 2006
CEO: Asheesh Advani
Headquarters: Boston,
Massachusetts
A modern, online investment management platform
that provides everyday investors to managed
account services.
 Allows investors to mirror their trades with a
selected portfolio manager with a compatible
strategy.
