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FUND ACCOUNTING: Business Statistics - Full-Service Providers

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FUND ACCOUNTING: Business Statistics - Full-Service Providers.

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FUND ACCOUNTING: Business Statistics - Full-Service Providers (APEX - JP Morgan)
APEX FUND SERVICES BNP PARIBAS BNY MELLON CITI FIS J.P. MORGAN NORTHERN TRUST SEI STATE STREET BANK AND TRUST ULTIMUS FUND SOLUTIONS UMB FUND SERVICES U.S. BANK GLOBAL FUND SERVICES
FULL-SERVICE FUND ACCOUNTING ASSETS ($ MILLIONS)
40 Act Open-End Mutual Funds — full service 6,862 159,647 2,758,768 236,026 ** 1,524,630,405,741 260,807 395,440 4,723,287 98,379 39,315 475,578
40 Act Closed-End Mutual Funds — full service 2 NA 23,444 0 ** 1,189,838,680 0 N/A 189,434 6,285 3,392 12,038
40 Act Unit Investment Trusts — full service 127 NA 78,045 0 ** ** 0 N/A 24,623 0 0 0
Non-US domiciled funds — full service 0 2,676,353 2,077,933 1,489,648 ** ** 2,353,070 46,700 2,896,256 588 0 0
Pension Funds/Master Trust Funds — full service 0 NA 6,218,050 106,413 ** ** 572,900 6,000 6,190,899 0 0 0
Bank Common/Collective Funds — full service 34 NA 639,136 41,582 ** 2,916,464,397,274 636,180 110,062 46,376 768 2,466 0
Exchange-Traded Funds — full service 0 39,430 463,292 13,028 ** 80,008,798,140 21,801 17,852 1,564,214 2,665 328 18,469
All other funds — full service 434 NA 1,135,200 15,495 ** 199,344,794,675 201,343 452,280 6,369,280 7,470 1,639 78,887
Total Full-Service Assets 7,459 2,836,000 13,393,868 1,899,192 ** 4,721,638,234,510 4,046,101 1,028,334 22,994,572 116,155 47,112 515,692
TOTAL FUND ACCOUNTING ASSETS ($ MILLIONS)
40 Act Open-End Mutual Funds 6,863 159,647 2,758,768 236,026 ** 1,524,630,405,741 260,807 395,440 4,723,287 98,379 39,315 475,578
40 Act Closed-End Mutual Funds 2 NA 269,939 0 19,361 1,189,838,680 N/A N/A 189,434 6,285 3,392 12,038
40 Act Unit Investment Trusts 128 NA 78,045 0 ** ** 0 N/A 24,623 0 0 0
Non-US domiciled funds 0 2,676,353 3,755,048 1,470,069 6,053,928 ** N/A 46,700 2,986,169 588 0 0
Pension Funds/Master Trust Funds 0 NA 6,622,204 106,416 5,349,380 ** N/A 6,000 6,190,899 0 0 0
Bank Common/Collective Funds 34 NA 639,136 41,582 ** 2,916,464,397,274 636,180 110,062 46,376 768 2,466 0
Exchange-Traded Funds 0 39,430 463,292 13,028 ** 80,008,798,140 21,801 17,852 1,564,214 2,665 328 18,469
All other funds 434 NA 1,262,845 15,495 3,659,946 199,344,794,675 N/A 452,280 6,372,311 7,470 1,639 78,887
Total Assets 7,460 2,836,000 13,393,868 1,882,613 ** 4,721,638,234,510 4,046,101 1,028,334 22,994,572 116,155 47,112 515,692
CLIENT INFORMATION
Total # full-service funds 60 10,484 31,770 6,003 ** 2,348 6,978 7,886 67,817 684 167 802
Total # full-service fund complexes 36 NA 2,862 297 ** 24 624 685 4,121 227 70 274
BUSINESS ESSENTIALS
# of trades per year 83,500 NA ** ** N/AV ** N/A N/A 67,248,566 1,370,493 N/AV 331,156
# of trades/accountant/year 4 NA ** ** N/AV ** N/A N/A N/A 9,517 N/AV 20,697
# of funds/accountant 2 NA ** ** N/AV ** N/A N/A N/A 5 5 6
% total firm revenue from full service NA NA ** ** ** ** N/AV N/A 84 NA N/AV N/A
% total FA revenue from full service NA NA ** ** ** ** N/A N/A 84 NA N/AV 1
% for proprietary funds 0 NA ** 0 N/AV ** N/A N/A N/A 0 0 N/A
% for third party funds 100 NA ** 100 N/AV ** N/A N/A N/A 100 100 N/A
# offices outside of the US 0 32 83 16 7 14 N/A 8 53 0 0 0
# offices in Europe 0 24 26 5 2 6 N/A 4 26 0 0 0
# offices in North America (Non-US) 0 1 17 0 0 1 N/A 3 5 0 0 0
# offices in Asia 0 7 27 8 3 5 N/A 1 18 0 0 0
# offices in Australia 0 1 3 1 1 1 N/A N/A 2 0 0 0
# offices in South America 0 4 4 2 1 1 N/A N/A 0 0 0 0
PERSONNEL
# of accountants 15 NA ** ** N/AV ** N/A N/A N/A 144 42 150
% of staff with specialized designations 5 NA ** ** 0 ** N/A N/A N/A 3 20 0

** Not reported
N/A Not Applicable
N/AV Not available