Industry ยท Oct 2026
Asset Management stocks ranked by gap to the model's fair value
Faircurve's model values 25 asset management stocks. 18 of them are ranked below by the gap between the model's fair value and the last close, as of 31 Oct 2026: 9 read as Undervalued, 8 as Fairly valued and 1 as Overvalued. The median gap across the ranked names is +14.2%. The widest gaps above the price are AMG (+38.4%), AMP (+32.9%), HLNE (+32.8%). The widest below it are ARES (-17.0%), WT (-11.1%), BEN (-10.9%).
Valuations as of . Prices are the closes of 3 Nov 2026. The gap is the model's fair value against the price: a positive gap means the fair value is above the price. It states what the model concluded, not where the price goes next.
The ranking
| Rank | Company | Last close | Model fair value | Gap | Model verdict | Quality score | Market value |
|---|---|---|---|---|---|---|---|
| 1 | AMG Affiliated Managers Group, Inc. | $369.46 | $511.49 | +38.4% | Undervalued | 63 | $9.9B |
| 2 | AMP Ameriprise Financial, Inc. | $504.88 | $671.04 | +32.9% | Undervalued | 76 | $43.4B |
| 3 | HLNE Hamilton Lane Incorporated | $88.63 | $117.74 | +32.8% | Undervalued | 67 | $4.7B |
| 4 | APO Apollo Global Management, Inc. | $113.55 | $140.51 | +23.7% | Undervalued | 71 | $68.4B |
| 5 | AAMI Acadian Asset Management | $87.86 | $104.46 | +18.9% | Undervalued | 74 | $3.2B |
| 6 | TROW T. Rowe Price Group, Inc. | $106.23 | $125.72 | +18.3% | Undervalued | 63 | $22.2B |
| 7 | FHI Federated Hermes, Inc. | $62.16 | $72.19 | +16.1% | Undervalued | 75 | $4.4B |
| 8 | VCTR Victory Capital Holdings, Inc. | $115.75 | $134.30 | +16.0% | Undervalued | 71 | $6.8B |
| 9 | EQH Equitable Holdings, Inc. | $55.24 | $63.09 | +14.2% | Undervalued | 46 | $14.7B |
| 10 | APAM Artisan Partners Asset Management Inc. | $38.65 | $44.10 | +14.1% | Fairly valued | 64 | $2.6B |
| 11 | IVZ Invesco Ltd. | $28.26 | $31.81 | +12.6% | Fairly valued | 40 | $12.3B |
| 12 | SEIC SEI Investments Company | $105.46 | $102.42 | -2.9% | Fairly valued | 66 | $12.3B |
| 13 | PFG Principal Financial Group, Inc. | $112.66 | $108.00 | -4.1% | Fairly valued | 58 | $23.9B |
| 14 | CNS Cohen & Steers, Inc. | $73.10 | $68.11 | -6.8% | Fairly valued | 53 | $3.7B |
| 15 | BX Blackstone Inc. | $118.19 | $105.87 | -10.4% | Fairly valued | 63 | $136.4B |
| 16 | BEN Franklin Resources, Inc. | $32.36 | $28.83 | -10.9% | Fairly valued | 31 | $16.1B |
| 17 | WT WisdomTree, Inc. | $19.74 | $17.55 | -11.1% | Fairly valued | 54 | $3.1B |
| 18 | ARES Ares Management Corporation | $128.93 | $107.05 | -17.0% | Overvalued | 46 | $42.1B |
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Valued but not ranked
These 7 names are valued but not ranked, for one of four reasons: the model grades the evidence as low or has not graded it yet, the inputs are under review, the gap is wider than 60%, or the valuation is more than three weeks old. The numbers are shown for reference.
| Company | Last close | Model fair value | Gap | Why it is not ranked | Quality score | Market value |
|---|---|---|---|---|---|---|
| CG The Carlyle Group Inc. | $40.90 | $33.13 | -19.0% | Low evidence grade | 23 | $14.3B |
| HASI HA Sustainable Infrastructure Capital, Inc. | $38.39 | $37.11 | -3.3% | Low evidence grade | 40 | $4.8B |
| KKR KKR & Co. Inc. | $95.99 | $77.32 | -19.4% | Low evidence grade | 20 | $84.7B |
| NTRS Northern Trust Corporation | $172.60 | $153.00 | -11.4% | Low evidence grade | $30.9B | |
| STEP StepStone Group Inc. | $44.38 | $38.68 | -12.8% | Low evidence grade | 32 | $5.6B |
| STT State Street Corporation | $169.71 | $108.29 | -36.2% | Low evidence grade | $46.3B | |
| VRTS Virtus Investment Partners, Inc. | $120.44 | $161.53 | +34.1% | Low evidence grade | 31 | $783M |