Giant TAMPs Dominate the Field

The three biggest account for nearly 60% of assets under management

AUM ($ billions)

1Q 2020 Marketshare

Envestnet

$185.1

35.1%

SEI Investments

$72.7

13.8%

AssetMark Investment Services

$55.3

10.5%

Charles Schwab

$50.7

9.6%

Morningstar

$38.5

7.3%

Buckingham Strategic Partners

$30.6

5.8%

Brinker Capital

$22.0

4.2%

Sawtooth Solutions

$11.9

2.3%

Lockwood/Pershing

$8.1

1.5%

Adhesion Wealth Advisor Solutions

$6.0

1.1%

Rest of Industry

$45.9

8.7%