management 2019s discussion and analysis environment , for example , to incorporate changes in stress testing or enhancements to modeling techniques .
we will continue to evaluate the framework with respect to the impact of future regulatory requirements , as appropriate .
average common equity attribution1 $ in billions 2017 2016 2015 .

<i>$ in billions</i>
2017
2016
2015
Institutional Securities
$40.2
$43.2
$34.6
Wealth Management
17.2
15.3
11.2
Investment Management
2.4
2.8
2.2
Parent Company
10.0
7.6
18.9
Total
$69.8
$68.9
$66.9

1 .
average common equity is a non-gaap financial measure .
see 201cselected non-gaap financial information 201d herein .
regulatory developments resolution and recovery planning pursuant to the dodd-frank act , we are required to periodi- cally submit to the federal reserve and the fdic a resolution plan that describes our strategy for a rapid and orderly resolu- tion under the u.s .
bankruptcy code in the event of our material financial distress or failure .
our preferred resolution strategy , which is set out in our 2017 resolution plan , is an spoe strategy .
we submitted our full 2017 resolution plan on june 30 , 2017 .
as indicated in our 2017 resolution plan , the parent company has amended and restated its support agreement with its material entities , as defined in our 2017 resolution plan .
under the secured amended and restated support agreement , upon the occur- rence of a resolution scenario , the parent company would be obligated to contribute or loan on a subordinated basis all of its contributable material assets , other than shares in subsidi- aries of the parent company and certain intercompany receiv- ables , to provide capital and liquidity , as applicable , to our material entities .
the obligations of the parent company under the secured amended and restated support agreement are in most cases secured on a senior basis by the assets of the parent company ( other than shares in subsidiaries of the parent company ) .
as a result , claims of our material entities against the assets of the parent company ( other than shares in subsidiaries of the parent company ) are effectively senior to unsecured obliga- tions of the parent company .
in december 2017 , we received joint feedback on our 2017 resolution plan from the federal reserve and the fdic .
the feedback identified no deficiencies in our 2017 resolution plan but noted one shortcoming to be remediated in our next resolution plan submission .
further , the federal reserve and the fdic have extended the next resolution plan filing deadline for eight large domestic banks , including us , by one year to july 1 , 2019 .
for more information about resolution and recovery planning requirements and our activities in these areas , including the implications of such activities in a resolution scenario , see 201cbusiness 2014supervision and regulation 2014financial holding company 2014resolution and recovery planning 201d and 201crisk factors 2014legal , regulatory and compliance risk . 201d legacy covered funds under the volcker rule the volcker rule prohibits 201cbanking entities , 201d including us and our affiliates , from engaging in certain 201cproprietary trading 201d activities , as defined in the volcker rule , subject to exemptions for underwriting , market-making-related activities , risk-mitigating hedging and certain other activities .
the volcker rule also prohibits certain investments and relation- ships by banking entities with 201ccovered funds , 201d with a number of exemptions and exclusions .
in june 2017 , we received approval from the federal reserve of our application for a five-year extension of the transition period to conform invest- ments in certain legacy volcker covered funds that are also illiquid funds .
the approval covered essentially all of our non-conforming investments in , and relationships with , legacy covered funds subject to the volcker rule .
for more informa- tion about the volcker rule , see 201cbusiness 2014supervision and regulation 2014activities restrictions under the volcker rule . 201d u.s .
department of labor conflict of interest rule the u.s .
dol 2019s final conflict of interest rule under erisa went into effect on june 9 , 2017 , with certain aspects subject to phased-in compliance .
full compliance with the rule 2019s related exemptions is currently scheduled to be required by july 1 , 2019 .
in addition , the u.s .
dol is undertaking an examination of the rule that may result in changes to the rule or its related exemptions or a change in the full compliance date .
for a discussion of the u.s .
dol conflict of interest rule , see 201cbusiness 2014supervision and regulation 2014instit- utional securities and wealth management . 201d u.k .
referendum following the u.k .
electorate vote to leave the e.u. , the u.k .
invoked article 50 of the lisbon treaty on march 29 , 2017 , which triggered a two-year period , subject to extension ( which would need the unanimous approval of the e.u .
member states ) , during which the u.k .
government is expected to negotiate its withdrawal agreement with the e.u .
for further discussion of u.k .
referendum 2019s potential impact on our operations , see 201crisk factors 2014international risk . 201d for further information regarding our exposure to the u.k. , see also 201cquantitative and qualitative disclosures about market risk 2014risk management 2014credit risk 2014country risk exposure . 201d 69 december 2017 form 10-k .

Question: Analyse this data from a financial earnings document. what percentage of average common equity attribution in 2016 is made up of institutional securities?
Choices:
0.001
1.595
0.035
0.627
4.32
Correct choice index: 3