| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(In millions) | | Dec. 31, | | Mar. 31, | | Jun. 30, | | Sept. 30, | | Dec. 31, |
| | 2022 | | 2023 | | 2023 | | 2023 | | 2023 |
Private Banks: | | | | | | | | | | |
Equity and fixed-income programs | | $22,377 | | | $23,653 | | | $24,091 | | | $23,039 | | | $24,496 | |
Collective trust fund programs | | 7 | | | 6 | | | 7 | | | 6 | | | 4 | |
Liquidity funds | | 3,201 | | | 3,427 | | | 3,433 | | | 3,636 | | | 3,916 | |
Total assets under management | | $25,585 | | | $27,086 | | | $27,531 | | | $26,681 | | | $28,416 | |
Client assets under administration | | 4,151 | | | 4,299 | | | 4,154 | | | 4,399 | | | 7,267 | |
Total assets | | $29,736 | | | $31,385 | | | $31,685 | | | $31,080 | | | $35,683 | |
| | | | | | | | | | |
Investment Advisors: | | | | | | | | | | |
Equity and fixed-income programs | | $66,240 | | | $68,065 | | | $69,439 | | | $66,911 | | | $71,634 | |
Liquidity funds | | 5,436 | | | 4,965 | | | 4,968 | | | 5,175 | | | 4,812 | |
Total Platform assets under management | | $71,676 | | | $73,030 | | | $74,407 | | | $72,086 | | | $76,446 | |
Platform-only assets | | 13,931 | | | 14,980 | | | 16,103 | | | 16,232 | | | 18,324 | |
Platform-only assets-deposit program | | — | | | — | | | — | | | — | | | 843 | |
Total Platform assets | | $85,607 | | | $88,010 | | | $90,510 | | | $88,318 | | | $95,613 | |
| | | | | | | | | | |
Institutional Investors: | | | | | | | | | | |
Equity and fixed-income programs | | $73,178 | | | $74,939 | | | $75,854 | | | $72,387 | | | $77,208 | |
Collective trust fund programs | | 5 | | | 4 | | | 4 | | | 4 | | | 1 | |
Liquidity funds | | 1,557 | | | 1,576 | | | 1,353 | | | 2,119 | | | 1,734 | |
Total assets under management | | $74,740 | | | $76,519 | | | $77,211 | | | $74,510 | | | $78,943 | |
Client assets under advisement | | 4,314 | | | 4,559 | | | 4,368 | | | 4,085 | | | 6,120 | |
Total assets | | $79,054 | | | $81,078 | | | $81,579 | | | $78,595 | | | $85,063 | |
| | | | | | | | | | |
Investment Managers: | | | | | | | | | | |
Collective trust fund programs (A) | | $141,285 | | | $146,176 | | | $149,779 | | | $146,991 | | | $156,376 | |
Liquidity funds | | 199 | | | 203 | | | 249 | | | 180 | | | 114 | |
Total assets under management | | $141,484 | | | $146,379 | | | $150,028 | | | $147,171 | | | $156,490 | |
Client assets under administration (E) | | 794,149 | | | 829,352 | | | 857,801 | | | 871,385 | | | 920,757 | |
Total assets | | $935,633 | | | $975,731 | | | $1,007,829 | | | $1,018,556 | | | $1,077,247 | |
| | | | | | | | | | |
Investments in New Businesses: | | | | | | | | | | |
Equity and fixed-income programs | | $1,912 | | | $2,031 | | | $2,104 | | | $2,017 | | | $2,174 | |
Liquidity funds | | 215 | | | 217 | | | 217 | | | 202 | | | 209 | |
Total assets under management | | $2,127 | | | $2,248 | | | $2,321 | | | $2,219 | | | $2,383 | |
Client assets under advisement | | 1,077 | | | 1,081 | | | 1,098 | | | 1,070 | | | 1,150 | |
Client assets under administration (E) | | 16,342 | | | 16,476 | | | 15,769 | | | 14,997 | | | 14,807 | |
Total assets | | $19,546 | | | $19,805 | | | $19,188 | | | $18,286 | | | $18,340 | |
| | | | | | | | | | |
LSV Asset Management: | | | | | | | | | | |
Equity and fixed-income programs (B) | | $83,753 | | | $84,964 | | | $86,469 | | | $83,684 | | | $89,312 | |
| | | | | | | | | | |
Total: | | | | | | | | | | |
Equity and fixed-income programs (C) | | $247,460 | | | $253,652 | | | $257,957 | | | $248,038 | | | $264,824 | |
Collective trust fund programs | | 141,297 | | | 146,186 | | | 149,790 | | | 147,001 | | | 156,381 | |
Liquidity funds | | 10,608 | | | 10,388 | | | 10,220 | | | 11,312 | | | 10,785 | |
Total assets under management | | $399,365 | | | $410,226 | | | $417,967 | | | $406,351 | | | $431,990 | |
Client assets under advisement | | 5,391 | | | 5,640 | | | 5,466 | | | 5,155 | | | 7,270 | |
Client assets under administration (D) | | 814,642 | | | 850,127 | | | 877,724 | | | 890,781 | | | 942,831 | |
Platform-only assets | | 13,931 | | | 14,980 | | | 16,103 | | | 16,232 | | | 19,167 | |
Total assets | | $1,233,329 | | | $1,280,973 | | | $1,317,260 | | | $1,318,519 | | | $1,401,258 | |