Ranking of Largest European and UK Brokers by Assets Under Administration and Average Investor Portfolio
By
Raph Antoine
Hand-rolled, kettle-boiled, baked to perfection. Worth every minute at the bakery.
Summary
This article presents a ranking of the 30 largest brokers for European and UK investors, tracking nearly $3 trillion in assets under administration across over 60 million investors. It highlights Interactive Brokers as the largest by assets ($465B+), followed by Saxo Bank, eToro, and DEGIRO. The analysis breaks down brokers by total assets and average investor portfolio size, noting that IBKR's US assets skew the aggregate numbers. Key findings include that the average investor balance across tracked brokers is $46k, with significant variation between brokers. The article also warns against misleading comparisons using AUM (Assets Under Management) versus AUA (Assets Under Administration), and distinguishes between brokers that are pure execution platforms versus those that also act as asset managers.
Key quotes
· 5 pulledOur tracker includes 30 largest brokers for European and UK Investors. The Assets under administration for those brokers is close to $3 trillion, although IBKR's US assets distort a bit the aggregate number.
Our tracker includes over 60 million European and UK Investors, with an average balance of $46k.
A lot of websites compare brokers using the AUM metric, which is misleading. Some brokers are also asset managers, and play different roles.
Brokers can have a staggering range of Assets Under Administration with a large diversity and sometimes - mammoth scales - at play in this space.
Ranking Criteria: Our table only includes (i) brokers that are not affiliated with large banking groups, since they have different reporting and aggregation.
You might also wanna read
European asset managers invest over $27 billion in Palantir despite human rights concerns
Major European banks and asset managers have significantly increased their investments in Palantir, a controversial U.S. technology company,
EL PAÍS English·1mo ago
ETFs Outnumber Individual Stocks as Public Listings Decline
The article discusses the declining number of publicly listed companies in the U.S. stock market, noting that there are now more ETFs (excha
apollo.com·17d agoOpenAI's $852B valuation faces investor scrutiny amid strategy shift, FT reports
SpaceX's Record-Breaking $1.77 Trillion IPO: Inside the Largest Public Offering in History
SpaceX's IPO is analyzed as the largest in history at a $1.77 trillion valuation, surpassing Saudi Aramco. However, only about 4% ($75 billi
SoftBank in Talks to Invest Up to $30B More in OpenAI
UK Offshore Wind Auction Awards Record 8.4 GW Capacity at Prices 40% Below Gas
The UK's latest offshore wind auction (AR7) awarded a record 8.4 gigawatts of capacity, making it Europe's largest offshore wind auction. Th
electrek.co·4mo ago