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Rank Firm/company Country AUM (billion USD) 1 BlackRock: United States 9,090 2 Vanguard Group: United States 7,600 3 UBS: Switzerland 5,710 4 Fidelity Investments
George P. Putnam (1887–1950), publisher, author, explorer, grandson of George Palmer Putnam, husband of Amelia Earhart George Washington Putnam (1826–1899), American soldier and politician George Putnam (businessman) , founder of Putnam Investments
The Putnam family of prominent old colonial Americans was founded by Puritans John and Priscilla (Gould) Putnam in the 17th century, in Salem, Massachusetts. Many notable individuals are descendants of this family, including those listed below.
On May 31, 2023, Great-West Lifeco announced that Franklin Templeton Investments would acquire Putnam Investments for $925 million. Putnam Investments subsidiary, PanAgora Asset Management would not be included in the acquisition. [28] [29] [30] The deal was completed in January 2024. [31]
[5] 1984 saw the creation of a management and holding company, Power Financial Corporation. Expansion for the group began in the 1970s, in Europe and followed in the 1990s, in Asia. The group's involvement in the finance sector continued in 2000, with the acquisition of Canada Life, Mackenzie Financial and Putnam Investments. Following the 2020 ...
[9] [10] Edelman sold a majority stake of Edelman Financial Services to Sanders Morris Harris Group in 2005. [2] The group merged with Financial Engines to form Edelman Financial Engines in 2018. Ric Edelman sits on the board, where until June 2021 he oversaw financial education and client experience. [11] [12] [13]
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