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Top Custodians for private funds

Ranked by the number of private funds that name each firm as a custodian in SEC Form ADV filings.
#CustodianFunds servedAdvisers
1JPMorgan Chase Bank12,6801,191
2Bank of America / Merrill8,628880
3BNY Mellon5,706570
4Silicon Valley Bank4,585350
5Citi4,423528
6State Street4,011321
7U.S. Bank3,612523
8Morgan Stanley3,260886
9Goldman Sachs3,173875
10Northern Trust3,167683
11J.P. Morgan Securities3,019634
12Wells Fargo2,966455
13First Citizens Bank & Trust1,935174
14National Financial Services934211
15UBS918312
Rankings refresh monthly from SEC Form ADV. Full client lists per provider are a member feature.