Financial ADVSR data · Updated October 21, 2026
Wealth Firm Earnings
What the public wealth firms report each quarter: client assets, net new assets, advisors and revenue. Every number is taken from the company’s own release or SEC filing, with the link.
5 of 12 firms have reported Q3 2026: Wells Fargo, Merrill, Morgan Stanley, Interactive Brokers and Stifel. Morgan Stanley ended the quarter with $8.43T in client assets and took in $232B in net new assets. UBS is next, on October 28, 2026.
Q3 2026 season
Reported and announced dates only- Oct 13Wells FargoReported
- Oct 14MerrillReported
- Oct 14Morgan StanleyReported
- Oct 15Interactive BrokersReported
- Oct 21StifelReported
- Oct 21SEIDue, conference call 5:00 p.m. ET
- Oct 28UBSAnnounced
- No date yetAmeripriseNot announced
- No date yetLPLNot announced
- No date yetRaymond JamesNot announced
- No date yetRobinhoodNot announced
- No date yetSchwabNot announced
Latest quarter, firm by firm
Percentages compare with the same quarter a year earlier.
Morgan Stanley
Q3 2026 · reported Oct 14
- Client assets
- $8.43T+20% vs year ago
- Net new assets
- +$232B
- Revenue
- $9.1B+10% vs year ago
Wealth Management segment
Merrill
Q3 2026 · reported Oct 14
- Client assets
- $4.24T+8.8% vs year ago
- Net new assets
- +$20B
- Revenue
- $7.1B+13% vs year ago
Global Wealth & Investment Management (Merrill and Bank of America Private Bank)
Wells Fargo
Q3 2026 · reported Oct 13
- Client assets
- $2.45T+11% vs year ago
- Revenue
- $4.1B+12% vs year ago
Wealth & Investment Management segment
Interactive Brokers
Q3 2026 · reported Oct 15
- Client assets
- $965B+27% vs year ago
- Revenue
- $1.9B+16% vs year ago
The whole firm
Stifel
Q3 2026 · reported Oct 21
- Client assets
- $576B+6.0% vs year ago
- Revenue
- $980M+8.0% vs year ago
Global Wealth Management segment
Schwab
Q2 2026 · reported Jul 21
- Client assets
- $13.08T+22% vs year ago
- Net new assets
- +$119B
- Revenue
- $7.1B+21% vs year ago
The whole firm (Investor Services and Advisor Services)
UBS
Q2 2026 · reported Jul 29
- Client assets
- $4.94T+9.5% vs year ago
- Net new assets
- +$35.5B
- Revenue
- $7.1B+13% vs year ago
- Advisors
- 9,173−4.1% vs year ago
Global Wealth Management division
LPL
Q2 2026 · reported Jul 30
- Client assets
- $2.56T+34% vs year ago
- Net new assets
- +$23.1B
- Revenue
- $5.2B+35% vs year ago
- Advisors
- 32,475+11% vs year ago
The whole firm
Raymond James
Q2 2026 · Fiscal Q3 2026 · reported Jul 22
- Client assets
- $1.86T+18% vs year ago
- Net new assets
- +$21.7B
- Revenue
- $2.8B+14% vs year ago
Private Client Group segment
Ameriprise
Q2 2026 · reported Jul 23
- Client assets
- $1.25T+15% vs year ago
- Net new assets
- +$3.1B
- Revenue
- $3.2B+16% vs year ago
Advice & Wealth Management segment
Robinhood
Q2 2026 · reported Jul 29
- Client assets
- $369B+32% vs year ago
- Net new assets
- +$21.7B
- Revenue
- $1.3B+32% vs year ago
The whole firm
SEI
Q2 2026 · reported Jul 22
- Client assets
- $138B+19% vs year ago
- Revenue
- $178M+30% vs year ago
Investment Advisors and Private Banks segments
Side by side
Download CSV| Firm | Quarter | Client assets | Net new assets | Revenue | Advisors |
|---|---|---|---|---|---|
| Morgan StanleyWealth Management segment | Q3 2026Oct 14 | $8.43T+20% y/y | +$232B | $9.1B+10% y/y | Not reported |
| MerrillGlobal Wealth & Investment Management (Merrill and Bank of America Private Bank) | Q3 2026Oct 14 | $4.24T+8.8% y/y | +$20B | $7.1B+13% y/y | Not reported |
| Wells FargoWealth & Investment Management segment | Q3 2026Oct 13 | $2.45T+11% y/y | Not reported | $4.1B+12% y/y | Not reported |
| Interactive BrokersThe whole firm | Q3 2026Oct 15 | $965B+27% y/y | Not reported | $1.9B+16% y/y | Not reported |
| StifelGlobal Wealth Management segment | Q3 2026Oct 21 | $576B+6.0% y/y | Not reported | $980M+8.0% y/y | Not reported |
| SchwabThe whole firm (Investor Services and Advisor Services) | Q2 2026Jul 21 | $13.08T+22% y/y | +$119B | $7.1B+21% y/y | Not reported |
| UBSGlobal Wealth Management division | Q2 2026Jul 29 | $4.94T+9.5% y/y | +$35.5B | $7.1B+13% y/y | 9,173−4.1% y/y |
| LPLThe whole firm | Q2 2026Jul 30 | $2.56T+34% y/y | +$23.1B | $5.2B+35% y/y | 32,475+11% y/y |
| Raymond JamesPrivate Client Group segment | Q2 2026Jul 22 | $1.86T+18% y/y | +$21.7B | $2.8B+14% y/y | Not reported |
| AmeripriseAdvice & Wealth Management segment | Q2 2026Jul 23 | $1.25T+15% y/y | +$3.1B | $3.2B+16% y/y | Not reported |
| RobinhoodThe whole firm | Q2 2026Jul 29 | $369B+32% y/y | +$21.7B | $1.3B+32% y/y | Not reported |
| SEIInvestment Advisors and Private Banks segments | Q2 2026Jul 22 | $138B+19% y/y | Not reported | $178M+30% y/y | Not reported |
Each figure is the firm’s own measure, linked to its source; hover a figure for the firm’s exact wording. Definitions differ (some firms report the whole company, others one wealth segment), so read across rows with care. y/y = change from the same quarter a year earlier.
Monthly figures
Earnings calendar
Announced
- UBS Global Wealth ManagementQ3 2026 · ubs.com
Not announced yet: Ameriprise, LPL, Raymond James, Robinhood and Schwab. Dates are added once the company announces them.
Reported this season
- Wells Fargo Wealth & Investment ManagementQ3 2026 · Release
- Merrill (Bank of America)Q3 2026 · Release
- Morgan StanleyQ3 2026 · Release
- Interactive BrokersQ3 2026 · Release
- StifelQ3 2026 · Release
Cite this
Financial ADVSR, “Wealth Firm Earnings,” updated October 21, 2026, https://www.financialadvsr.com/earnings
How we build this
We track 12 public companies with wealth and brokerage businesses that we cover. For each one we read its quarterly earnings release and financial supplement (and its monthly metrics release, where it publishes one) on SEC EDGAR, and record the figures for its wealth business exactly as printed, with the document and the date. Private firms such as Edward Jones and Fidelity, and firms taken private such as Focus Financial, Envestnet and CI Financial, don’t publish these numbers.
New filings are checked twice each weekday. Our software reads each new release, and every figure it finds must be quoted from the document and match it before an editor reviews and publishes it.
What it doesn’t show
- Estimates, guidance, price targets or anything about the stocks. Only what the companies reported.
- Like-for-like rankings. Each firm defines client assets, net new assets and advisors its own way; the firm pages explain each one.
- Restatements after the fact, unless noted on the firm’s page.
The data is free to use with credit to Financial ADVSR. Questions or corrections: contact the editors. More data: Financial ADVSR data.
Questions
When do wealth firms report Q3 2026 earnings?
Wells Fargo reported on October 13, 2026, Merrill reported on October 14, 2026, Morgan Stanley reported on October 14, 2026, Interactive Brokers reported on October 15, 2026 and Stifel reported on October 21, 2026. SEI has announced October 21, 2026 and UBS has announced October 28, 2026. Ameriprise, LPL, Raymond James, Robinhood and Schwab haven’t announced a date yet.
Which wealth firm reports the most client assets?
Of the 12 public firms tracked here, Charles Schwab reported the most: $13.08T in client assets (“Total client assets”) at the end of Q2 2026. Firms define client assets differently (some count the whole firm, others one wealth segment), so the figures are reported side by side, not ranked as like for like.
Where do these numbers come from?
From each company’s own earnings releases, financial supplements, monthly metrics releases and SEC filings. Every figure links to the document it came from and shows the date it was released. Nothing is estimated or adjusted.
How often is this updated?
New filings are checked on SEC EDGAR twice each weekday. Figures from a new release are checked against the document and reviewed by an editor before they are published here.