v3.24.0.1
Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Revenue for Services Provided to Related Parties

Revenue from Related Parties

Revenue for services provided by the Company to these and other related parties are as follows:

(in millions)

 

2023

 

 

2022

 

 

2021

 

Investment advisory, administration fees and securities lending revenue(1)

 

$

10,757

 

 

$

10,848

 

 

$

11,474

 

Investment advisory performance fees(1)

 

 

286

 

 

 

244

 

 

 

555

 

Advisory and other revenue(2)

 

 

(31

)

 

 

(31

)

 

 

(16

)

Total revenue from related parties

 

$

11,012

 

 

$

11,061

 

 

$

12,013

 

(1)
Amounts primarily include revenue from registered investment companies and equity method investees.
(2)
Amounts primarily include the Company’s share of the investee’s underlying net income or (loss) from equity method investees.