Mutual Fund Directory By Assets Under Management for 2013
Below a list of the larger mutual fund companies ranked by the key metric of assets under management. This will give you an idea of the size. This is a great place to start. Check out my other blogs for strategies and new investment tactics and concepts
. Bigger can be be cheaper but not always better. Keep in mind paying just a little more for good service pays for itself many times over. If you pay a company an extra 1 percent in commissions and they save from making a 5 percent mistake or help you gain an extra 10% it’s worth it.
2013 List of Mutual Fund Companies by Assets Under Management
| 1 | Black Rock Funds | $3,684.0 | B | 3/31/2012 | $10,000.0 | B |
|---|---|---|---|---|---|---|
| 2 | State Street Global Investments | 2,000.0 | B | 3/31/2012 | $2,302.0 | B |
| 3 | Allianz Gobal Investors/PIMCO | 1,700.0 | B | 3/31/2012 | $1,700.0 | B |
| 4 | Vanguard | 1,600.0 | B | 1/1/2012 | $1,600.0 | B |
| 5 | Fidelity Investments | 1,436.6 | B | 2/12/2012 | $3,636.2 | B |
| 6 | Credit Suisse | 1,337.0 | B | 3/31/2012 | $1,337.0 | B |
| 7 | BYN Mellon (Dreyfus) | 1,300.0 | B | 3/31/2012 | $2,602.0 | B |
| 8 | JP Morgan | 1,300.0 | B | 3/31/2012 | $1,300.0 | B |
| 9 | BNP Paribas | 1,085.2 | B | 9/30/2011 | $5,800.0 | B |
| 10 | Prudential Investments | 943.0 | B | 3/31/2012 | $943.0 | B |
| 11 | American Funds Investments | 850.0 | B | 12/31/2011 | $850.0 | B |
| 12 | Goldman Sachs Asset Management | 842.0 | B | 3/31/2012 | $842.0 | B |
| 13 | UBS | 827.5 | B | 3/31/2012 | $1,610.0 | B |
| 14 | Natixis Global Associates | 772.0 | B | 3/31/2012 | $772.0 | B |
| 15 | Sun Life Gobal + MFS (Can)* | 727.0 | B | 3/30/2012 | $727.0 | B |
| 16 | Franklin Tempelton | 726.4 | B | 4/30/2012 | $726.4 | B |
| 17 | Deutsche Asset Management | 721.0 | B | 3/31/2012 | $721.0 | B |
| 18 | BofA Merrill Lynch | 693.0 | B | 4/20/2012 | $2,200.0 | B |
| 19 | Invesco | 668.4 | B | 4/30/2012 | $668.4 | B |
| 20 | Legg Mason | 639.0 | B | 4/30/2012 | $639.0 | B |
| 21 | T Rowe Price | 554.8 | B | 3/31/2012 | $554.8 | B |
| 22 | TIAA-CREF | 464.0 | B | 12/31/2011 | $464.0 | B |
| 23 | Ameriprise Financial | 463.0 | B | 3/31/2012 | $675.0 | B |
| 24 | Barclays Global Investments | 435.0 | B | 4/15/2012 | $3,360.0 | B |
| 25 | Alliance Bernstein | 418.0 | B | 4/30/2012 | $418.0 | B |
| 26 | Principal Financial Group | 364.1 | B | 3/30/2012 | $364.1 | B |
| 27 | Federated Investors | 363.6 | B | 3/30/2012 | $363.6 | B |
| 28 | Ameriprise Financial | 334.0 | B | 4/30/2012 | $334.0 | B |
| 29 | RBC Global Wealth | 311.6 | B | 5/2/2012 | $311.6 | B |
| 30 | Morgan Stanley | 304.0 | B | 3/31/2012 | $304.0 | B |
| 31 | Nomrua Asset Management | 281.0 | B | 12/31/2012 | $281.0 | B |
| 32 | Mellon Capital | 243.3 | B | 4/30/2012 | $243.3 | B |
| 33 | Harbor Funds (Robeco Groep) SUI | 226.0 | B | 1/26/2012 | $226.0 | B |
| 34 | TD Ameritrade | 225.0 | B | 4/30/2012 | $225.0 | B |
| 35 | Old Mutual | 222.0 | B | 5/12/2012 | $222.0 | B |
| 36 | Dimensional Fund Advisors | 213.0 | B | 12/31/2011 | $213.7 | B |
| 37 | The Hartford | 207.0 | B | 3/31/2012 | $207.0 | B |
| 38 | Pioneer Investments | 203.6 | B | 12/5/2011 | $203.6 | B |
| 39 | Dodge & Cox | 199.0 | B | 2/28/2012 | $199.0 | B |
| 40 | Eaton Vance Distributors | 197.2 | B | 3/31/2012 | $197.2 | B |
| 41 | Julius Baer Securites | 190.4 | B | 4/30/2012 | $286.7 | B |
| 42 | Janus Capital Group | 164.0 | B | 3/31/2012 | $164.0 | B |
| 43 | Babson Captial Management | 142.8 | B | 5/11/2012 | $142.8 | B |
| 44 | MacKenzie Investments (Can) | 128.0 | B | 3/31/2012 | $128.0 | B |
| 45 | Putnam Investments | 124.0 | B | 4/30/2012 | $124.0 | B |
| 46 | Calvert Funds | 122.2 | B | 5/14/2012 | $122.2 | B |
| 47 | John Hancock Funds | 117.0 | B | 9/30/2011 | $117.0 | B |
| 48 | American Century Investments | 103.0 | B | 12/31/2011 | $103.0 | B |
| 49 | Lord Abbott & Co | 102.0 | B | 3/31/2012 | $102.0 | B |
| 50 | LPL Financial | 101.8 | B | 3/31/2012 | $354.0 | B |
| 51 | Waddell & Reed | 93.7 | B | 3/31/2012 | $93.7 | B |
| 52 | Davis Select Advisors | 71.2 | B | 3/31/2012 | $71.2 | B |
| 53 | First Eagle Funds Distributors | 67.0 | B | 3/31/2012 | $67.0 | B |
| 54 | MAN Group | 59.0 | B | 4/30/2012 | $59.0 | B |
| 55 | Wells Fargo | 52.7 | B | 12/31/2011 | $1,200.0 | B |
| 56 | TransAmerica Funds | 49.9 | B | 2/28/2012 | $49.9 | B |
| 57 | American Beacon | 46.6 | B | 1/31/2012 | $46.6 | B |
| 58 | RS Investments | 45.0 | B | 3/31/2012 | $45.0 | B |
| 59 | Oakmark Funds | 42.0 | B | 3/31/2012 | $42.0 | B |
| 60 | Virtus Investment Partnerss | 38.0 | B | 3/31/2012 | $38.0 | B |
| 61 | Gabelli Investors | 36.7 | B | 3/31/2012 | $36.7 | B |
| 62 | Charles Schwab | 36.2 | B | 3/31/2012 | $1,830.0 | B |
| 63 | Sterling Capital (BB&T) | 34.0 | B | 3/22/2012 | $34.0 | B |
| 64 | Och-Ziff | 29.5 | B | 4/18/2012 | $29.5 | B |
| 65 | Frank Russell Investments | 24.9 | B | 1/30/2012 | $24.9 | B |
| 66 | AXA | 22.7 | B | 3/31/2012 | $22.7 | B |
| 67 | Oppenheimer Funds | 20.1 | B | 3/31/2012 | $83.2 | B |
| 68 | Brown Brother Harriman | 18.8 | B | 5/1/2012 | $18.8 | B |
| 69 | Avenue Capital Management | 12.1 | B | 1/24/2012 | $12.1 | B |
| 70 | USSA Investment Management | 12.0 | B | 12/31/2012 | $12.0 | B |
| 71 | Tweedy Browne Co | 4.7 | B | 3/31/2012 | $4.7 | B |
| 72 | US Gobal Investments | 1.9 | B | 3/31/2012 | $1.9 | B |
| 73 | Mainstay Capital | 1.1 | B | 12/31/2012 | $1.1 | B |
* Note: Best efforts were used to use accurate and the most recent information. The sources were company press releases and other web based information. Conflicting company or unclear information was omitted including entire company information for the sake of accuracy. Hence this list is currently not 100% complete. Investors please use your due diligence from all sources before making a financial decision including reading any perspectis. Any Securities Company PR updates, corrections, additions or advertising requests can be sent to [email protected].This site promotes and encourages FINRA compliance. All FINRA requirements are solely the responsibility of the Securities Company and their FINRA officer and not the Webmaster of this site or MFMS.
Like in Vegas, you, and most people, can hit it big every now then. However, the Fund Managers have such an advantage in information, key contacts and vast resources over individual investors it’s not even close. Like in Vegas, you’re best odds are 48.5%. In other words, you lose over time and the house always wins. Mutual Funds even the playing field for the individual investor in two ways. They spread your micro-economic risk by spreading your investment over many stocks so if one tanks your overall investment is not devastated and you let the Fund Manager work for you instead of against you. This greatly simplifies your job as an individual investor. Now you only have to pick the segment of the global economy that you think will be improving. So you need to decided if the growth areas will be:
Small Cap, Mid Cap, Large Cap, Bonds, Far East, Pacific Rim, China, Europe, South America, Hi Tech, High Beta, Utilities, High Grade Investment Bonds, Junk Bonds, …….
And what mix of each? You don’t need to be keeping tabs on the latest law suit of XYZ’s consumer division or another companies inventory level. Let the Fund Managers do that part. They can do it better than you. That’s the benefit of investing in mutual fund companies.
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An entrepreneur at heart, Mike Dunn launched his first computer training and software development business when he was just 21 years old. With Bachelor’s degrees in both Finance and Information Systems with minors in Economics and Psychology, Dunn embarked on a sales career for AT&T/BellSouth. He soared to the top of his field, matching customers’ corporate goals and objectives to bleeding-edge technology. He has leveraged his 20+ years of leadership in the sales field to help others succeed through his training company, Game Changing Business Skills.com. As a thought leader in Internet-related finance, Dunn has been at the forefront of recognizing and acting on game-changing strategies. He melds his expertise in sales and finance in order to quantify return on investment for what Nassim Taleb termed Black Swan Events. Dunn’s current project, Mutual Fund Marketing Services.com, focuses on helping Mutual Fund Companies leverage Social Media/Call Center and Mutual Funds sales best practices into a powerful combination to help mutual fund companies achieve and exceed their corporate metrics and goals.