Companies headquartered in the Twin Cities 24-county metro area reported companywide assets managed. Firms headquartered elsewhere provided numbers for metro-area operations only. Instances where companies that appear to have the same assets under management but are not tied are due to rounding. No. 5 Thrivent Financial reported its assets differently last year, so its prior rank is not included. Parametric Portfolio Associates, fourth on last year’s list, declined to provide updated information this year. UBS Financial Services Inc., eighth on last year’s list, did not respond in time for this year’s list.