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The U.S. placed 14 institutions among the world's top 20 largest asset management firms by assets under management (AUM), according to ADV Ratings' latest rankings. France and Germany each placed two firms in the group, and Switzerland and the U.K. each placed one. See the gallery for the top 20 wealth managers, according to ADV Ratings, ranked by AUM. The ranking uses balance sheets as of March 31, 2023, unless otherwise noted. (Image: Shutterstock)
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