Wall Street giants capture wealth earnings surge in 4Q25

By Kylie Wong , senior data reporter | 16 January 2026 | 5 minutes read

In a strong year for client portfolios, top US banks closed out 2025 with double-digit revenue and income growth for their wealth businesses. J.P. Morgan Asset and Wealth Management (AWM) saw its net income grew 19% YoY, while Morgan Stanley Wealth Management doubled net new assets YoY on top of a 13% YoY top-line expansion. Citi Wealth saw a 14%…

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