October 2026
Largest Wealth Management Public Companies in the US
Benchmark revenue and EBITDA valuation multiples for public comps like
Coinbase, Webull, Tompkins Financial, PHI Group and AlTi Global.
 | Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics. | $161 | -53% | $43B | $40B | 5.6x | 22.4x | ||
| Webull Corp is a digital investment platform built upon a next-generation globally infrastructure services. It strives to be the platform of choice for a new generation of investors by creating an efficient, low-cost, and easy-to-use investment platform. The company distinguishes itself from other investment service providers by offering a mobile-first user experience, a broad range of investment products, and extensive functionality constructed to help its customers build wealth over time. The company arms each customer with the tools it needs to develop into what it refers to as an informed investor - one who understands the market and has the confidence to succeed as an investor. The Webull platform originally provided users with free access to market data and analytical tools. | $6 | -48% | $3B | $2.2B | 3.8x | 40.0x | ||
| Tompkins Financial Corp is a Financial Holding Company. The company manages its operations through two business segments, consisting of banking and wealth management. It offers various products and services, including commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance. Wealth management activities include the results of the company's trust, financial planning, and wealth management services. The company generates the majority of its revenue from the Banking segment. | $102 | +61% | $1.5B | $1.5B | 5.8x | - | ||
| PHI Group is a Houston-based helicopter-services business with a long operating history in energy, air medical and other mission-critical aviation markets. The company provides aircraft, pilots, maintenance and operational support to organizations that need safe transport in demanding or remote environments. Energy customers use its offshore services to move personnel and equipment, while healthcare partners use its air-medical capabilities for patient transport. PHI earns revenue from aviation-service contracts and related aircraft operations rather than mergers-and-acquisitions advice or blockchain products. Its workforce and fleet support customers across several geographies and regulated operating environments. The company is unrelated to Phi, the Web3 social-gaming and identity project at philand.xyz. The live February 2023 seed deal is a target namesake error and should be moved to the new Phi record rather than used as evidence that this helicopter operator raised a crypto venture round. | $30 | -- | $729M | $729M | 145860.5x | (93.6x) | ||
| AlTi Global Inc is an independent wealth and asset manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary capabilities as well as alternative investment strategies and advisory services. The firm has business which is organized into two business segments namely: Wealth & Capital Solutions includes providing holistic solutions for wealth management clients through comprehensive range of wealth management services, including investment management and advisory services. International Real Estate segment includes assist investors with real estate co-investments, structuring and selecting partners with a track record with risk adjusted return characteristics. The majority of revenue is from Wealth & Capital Solutions. | $3 | -35% | $290M | $951M | 3.7x | (10.8x) | ||
| Truxton Corp provides banking and wealth management services to high net worth individuals, their families, and business interests. Its wealth management services include asset management, trust, financial and retirement planning, estate administration and planning, life insurance and family office services. | $25 | -- | $289M | $288M | 5.0x | - | ||
| Neuberger Berman is a private, independent, employee-owned investment management firm headquartered at 1290 Avenue of the Americas in New York City. It manages equities, fixed income, private equity, private credit and hedge fund portfolios for institutional investors, financial advisers and high-net-worth individuals, with assets under management of about US$558 billion in 2025. Its private markets business includes NB Capital Solutions and NB Private Markets, which make direct minority equity investments in private companies, such as the commitment of up to $1.2 billion for a significant minority stake in tax firm Ryan in January 2026. The firm earns management and performance fees. It was founded in 1939 by Roy Neuberger and Robert Berman, became part of Lehman Brothers in 2003 and was bought out by its employees in 2009, forming Neuberger Berman Group LLC. George H. Walker is chief executive, and the firm employs more than 2,800 people. | $10 | -7% | $283M | $511M | 28.7x | - | ||
| The TCW Group is a privately held global asset manager headquartered at 515 South Flower Street in Los Angeles. It was founded in 1971 by Robert A. Day as Trust Company of the West and reports about USD 200 billion of assets under management as of 30 June 2026, around 650 team members and 11 offices worldwide. TCW manages fixed income, public equity and alternative credit strategies, including securitized products, middle-market private credit and asset-backed finance, through mutual funds, ETFs, interval funds, separately managed accounts, closed-end funds, collective investment trusts and UCITS funds. Its clients include pension plans, endowments, foundations, sovereign wealth funds and private clients. Société Générale acquired a majority interest in 2001, and TCW bought Metropolitan West Asset Management, the source of its core fixed income team, and SG Cowen Asset Management. TCW management and The Carlyle Group later acquired the firm from Société Générale, and Nippon Life became a significant minority investor, increasing employee ownership. Recent moves include the acquisition of Engine No. 1's ETF business, a middle-market private credit joint venture with PNC, the launch of TCW Rescue Funds and an asset-backed finance interval fund. | $4 | -- | $269M | $268M | 12.0x | - | ||
| Nuveen Real Estate Income Fund is a diversified closed-end investment company. The Fund invests in income-producing common stocks, preferred stocks, convertible preferred stocks, and debt securities issued by real estate companies. | $7 | -7% | $213M | $315M | 76.4x | - | ||
| Oregon Pacific Bancorp is a community bank headquartered in Florence, Oregon. The bank has full-service branches in Coos Bay, Eugene, Florence, Medford, and Roseburg. It is specialized in offering holistic financial services to local families and business owners. The company is committed to aiding the growth and development of the communities by investing local deposits directly into the lives, homes, and businesses. | $13 | -- | $91M | $91M | 2.6x | - | ||
| Median | $11 | -21% | $289M | $620M | 5.7x | 5.8x |
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