Financial Services Companies in New Jersey (2024)

FAQs

What are the top 5 financial companies? ›

BlackRock, Vanguard, Fidelity, State Street Global Advisors, and J.P. Morgan Asset Management are the five largest financial advisory firms in the United States, ranked by assets under management (AUM). The size of these firms allows them to offer a multitude of services to their clients.

What is the Big 4? The Big 4 are the four largest international accounting and professional services firms. They are Deloitte, EY, KPMG and PwC. Each provides audit, tax, consulting and financial advisory services to major corporations.

Through Jersey Finance, the industry has established an ambitious strategy, Jersey for Good, which states that: “By 2030, Jersey will be recognised by its clients, key stakeholders and other partners as the leading sustainable international finance centre in the markets it serves.”

Wells Fargo is one of the largest U.S. banks by market capitalization and is among the largest 100 corporations in the United States. Charles Schwab led the charge for discount brokerage firms and empowered individual investors.

The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC Bank, Goldman Sachs Bank, Truist Bank, Capital One and TD Bank. Key Takeaways: Chase is the largest bank in the country, holding over $3.38 trillion in assets.

The four largest publicly traded private equity firms are Apollo Global Management (APO), The Blackstone Group (BX), The Carlyle Group (CG), and KKR & Co. (KKR).

The United States-based JPMorgan Chase & Co is the world's leading bank by market cap.

We are the regulator for the financial services industry in Jersey.

Why is Jersey a financial Centre? ›

Jersey is one of the top worldwide offshore financial centers. It is described by some as a tax haven. It attracts deposits from customers outside of the island, seeking the advantages such places offer, like reduced tax burdens.

Careers in the Finance Industry. There are almost 14,000 Islanders working in Jersey's finance industry. It's an exciting and rapidly evolving industry with rewarding roles to suit everyone.

Banks and other financial service providers

Accept deposits and repayable funds and make loans: Providers pay those who give them money, which they in turn lend or invest with the goal of making a profit on the difference between what they pay depositors and the amount they receive from borrowers.