Wealth Management delivered net revenues of $8.9 billion in Q2 2026, increasing 14% compared with the prior year quarter
The business added net new assets of $148 billion and fee-based assets of $39 billion in Q2 2026
Asset management revenues of $5,261 million in Q2 2026 increased 19% compared with the prior year quarter, primarily reflecting higher fee-based assets due to higher market levels and the cumulative impact of positive fee-based flows
Wealth Management pre-tax margin was 30.5% in Q2 2026
Client assets represents the sum of Wealth Management client assets and Investment Management AUM totaling $382 billion and $350 billion as of June 30, 2026 and December 31, 2025, respectively, invested in Investment Management products
two findings, in the order they were read
Wealth Management net revenues increased from $8,519 million to $8,856 million quarter-over-quarter, consistent with the stated revenue growth reason.
before · MD&A · 2026-03-31 → 2026-06-30