Fortune magazine has partnered with Korn Ferry, a global management consulting firm, to rank the companies most admired by executives, company directors and analysts.
Working from a pool of 680 companies across 29 countries and 52 industries, Korn Ferry surveyed 3,900 corporate executives, directors and analysts on the reputations of the companies and asked them to choose the top 10 companies they admired most.
The data was then used to generate a list of the world's 50 most admired companies. Apple topped the list with the highest ratings, followed by two internet-based service companies, Amazon and Alphabet.
Among the companies on the list, six were in the asset management and brokerage, banking and insurance industries.
Korn Ferry’s nine types of criteria included quality of management and products, social responsibility and the companies' ability to attract talent.
Here are the six financial services companies from Fortune’s list of 50 of the most admired companies, in ascending order:
6. Charles Schwab
The discount broker finished last on the top 50 list, but it recevied high ratings for its innovation, use of corporate assets and quality of mnagement.
5. Goldman Sachs
Finishing 27 on Fortune’s top 50 list, the firm has a good reputation in innovation, people management and global competitiveness, according to Fortune.
4. BlackRock
It’s 23 on the top 50 list. Fortune attributes its high rankings to it global competitiveness, quality of products and services and quality of management.
3. USAA
It was 20th on the overall list and was cited for its social responsibility and quality of products.
2. JP Morgan Chase
Ranked at number 10 on the Top 50 list, JP Morgan Chase earned high praise for its social responsibility, financial soundness and quality of management.
1. Berkshire Hathaway
Fortune magazine ranked Berkshire Hathaway fourth on the top 50 list and number one in the insurance: property and casualty industry. The company received top rankings for its innovation, people management, financial soundness and quality of products and services.
