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Asset management revenue rises for major financial firms

Wealth Management ·

JPM JPMorgan Chase & Co
$335.28 +1.16%
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  1. 1JPMorgan's asset and wealth management revenue reached $6.9 billion in the third quarter.
  2. 2JPMorgan's asset and wealth management revenue saw a 14% increase year-over-year in the third quarter.
  3. 3Goldman Sachs' asset and wealth management revenue recorded $5.005 billion in the third quarter.

So what's the key point?

JPMorgan's asset management revenue grew by 14 percent compared to last year. Goldman Sachs also earned $5.005 billion in revenue from its asset management division.

Source Wealth Management · View original ↗

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