The full - service broker is home to $ 3.18 trillion
in total client assets, and provides services ranging from stocks, options, and futures trading to full, FDIC - backed banking services, to comprehensive retirement solutions.
With $ 2.31 trillion
in total client assets, Charles Schwab is the second largest brokerage business after Bank of America Merrill Lynch which pulled in a total of $ 2.40 trillion.
In January, the company topped $ 2 trillion
in total client assets for the first time ever, and as of February, it had seen a 13 % jump in assets.
The full - service broker is home to $ 3.18 trillion
in total client assets, and provides services ranging from stocks, options, and futures trading to full, FDIC - backed banking services, to comprehensive retirement solutions.
Not exact matches
But there's an important detail to point out
in the Coinbase and Charles Schwab comparison: The cryptocurrency trading accounts are worth much less than the $ 3.3 trillion
total client assets in the more than 10 million open Schwab accounts.
Today, through our many subsidiaries, we offer investing and trading services for more than eleven million funded
client accounts that
total more than $ 1 trillion
in assets, investor education services boasting hundreds of thousands of graduates, and custodial services for more than 6,000 independent registered investment advisors (RIAs).
Assets in client wrap accounts
totaled $ 257 billion, an increase of $ 5.7 billion
in the quarter.
«Feedback from recent meetings with our corporate
clients is that
in general they spent the first quarter getting the details on their
total accumulated profits abroad and the currency and
asset composition,» the analysts added.
One advisor this reporter spoke to
in the room said his firm, which had not been charging
clients for their cash holdings, now includes those
assets in the
total assets on which it levies its fees, based on the advice of the firm's outside attorney.
RIAs are eligible to participate
in the Program if they represent to Fidelity Investments that they meet the following criteria: (1) RIA is an investment adviser registered and
in good standing with the U.S. Securities and Exchange Commission and / or any applicable state securities regulatory authorities or is exempt from such registration; (2) RIA's representatives who provide services to referred
clients are appropriately registered / licensed as «Investment Advisers Representatives»
in required jurisdictions; (3) RIA charges fee - based,
asset - based, or flat - rate investment advisory service fees (which may include hourly fees); (4) RIA will maintain a minimum of $ 350,000,000
in total regulatory
assets under management, as reported
in response to Item 5
in Part 1A of the RIA's Form ADV, throughout the duration of RIA's participation
in the Program; (5) RIA and all associated persons of the RIA who manage
client assets or who supervise such associated persons shall at all times be covered through both Errors and Omissions Liability Insurance and Fidelity Bond Coverage; and (6) RIA maintains a minimum of two principals or officers as well as a minimum of five employees.
For example, a
client who started the year with a simple 60/40 portfolio comprised of the $ 287 billion Vanguard
Total Stock Market Fund (VTSMX) and the $ 247 billion Pimco
Total Return Fund (PTTAX), the two largest mutual funds
in the world, would now have 66.3 % invested
in stocks and just 33.7 % invested
in bonds, pushing beyond the typical 5 % leeway most advisers give their
asset allocation.
Net new
asset inflows continued
in the first quarter of 2014 when
total client assets reached a record high of $ 2.31 trillion according to Charles Schwab's first quarter earnings release.
With more than 1.9 million
Clients and close to $ 38 billion
in total assets, we are Canada's leading direct bank.
of
total client assets in the several years leading up to the 2000 market peak, and John Hussman has experienced similar investor attrition over the last few years as his valuation models have kept him largely on the sidelines during the market's current bull market run.
Wealthfront occupies third place
in the ranking of
total assets under management (AuM), managing more than $ 10 billion
in assets and servicing nearly 200,000
clients as of March 1, 2018.
At lower levels of
assets (below $ 500,000
in a
total portfolio) the prospective
client should really use mutual funds, as these are much more efficient when transactions and custodial costs are taken into account.
Today, TD Ameritrade provides investing and trading services for 11 million
client accounts that
total more than $ 1 trillion
in assets, and custodial services for more than 6,000 independent registered investment advisors.The merger between Ameritrade and TD Waterhouse helped the company expand its product offering, with a more concentrated focus on long - term investing, guidance and
asset gathering.
As a result, its
clients can now trade
in a
total of eight digital
assets: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Dash, Litecoin, Ethereum Classic and Stellar.
ING DIRECT is Canada's leading direct bank with over 1.6 million
Clients and more than $ 29 billion
in total assets.
The
client knows
in advance that it will cost, say $ 1500 for an LLC or 0.5 percent of the
client's
total assets to obtain the value of your services.
«[Ameritrade] provides investing and trading services for seven million
client accounts that
total more than $ 750 billion
in assets, and custodial services for more than 5,700 independent registered investment advisors.»
Instead of stating
in your resume or an interview that you «manage a book of 40
clients with a fleet potential of over 1500 vehicles,
totaling more than $ 400 million», you might instead say that your «book of business consists of 40
clients,
totaling more than $ 400 million
in asset management.»
While it's generally safe to mention the size of your
total client portfolio, such as the $ 3 billion portfolio discussed
in the portfolio manager resume sample, use your best judgment when disclosing your firm's
total assets under management.
M&M Mars Inc. (Boston, MA / Los Angeles, CA) 9/2003 — 5/2005 Region Sales Manager • Oversaw all aspects of both the Massachusetts and Los Angeles sales territory for the Mars Inc. brand Flavia, a gourmet, single cup office coffee system • Held responsibility for managing five independent distributor partners, five outside sales representatives, and two customer service representatives, ensuring
client service, brand development, market penetration, and profit growth • Led the territory from inception
in September of 2003 to $ 3.5 million territory for the calendar year 2005, utilizing a sales team that finished 2004 at 21 % over target and 36 % over target
in 2005 • Earned award for territory profitability — based on return on
total assets —
in 2004, also achieving the ranking of the top territory nationwide based on sales growth and cost reduction
Chancellor Capital Management / Invesco, Inc. (City, ST) 1995 — 2000 Partner and Managing Director — Institutional Fixed Income • Manage
in excess of $ 44 billion, approximately $ 20 billion of which were managed with a
total rate of return objective • Focus
in mortgage - backed and
asset - backed securities • Create and implement strategy for all MBS and ABS investments for
total rate of return portfolios • Responsible for risk management including establishing and monitoring appropriate risk levels • Collaborate with CIO
in management of all core portfolios benchmarked against the Lehman Aggregate Index • Run weekly strategy meetings defining portfolio construction
in conjunction with Investment Policy Committee guidelines • Oversee
assets in excess of $ 10 billion including pension funds, public funds, and insurance funds • Conduct
client reviews and new business presentations on a regular basis • Serve as point person for key strategic partnerships based out of New York