Is Aum a financial institution?

AUM isn’t the whole story of a financial institution, however. A firm with two high-net-worth clients, each with $5 million in assets, will have more in AUM than a firm with 25 clients, each with $100,000 in assets. However, the second firm has seen 23 more people choose it to handle their money than the first firm.

What does Aum stand for in banking?

Assets Under management (AUM) is defined as the total amount of assets under the oversight of a particular asset management company, such as a mutual fund. Some institutions only count discretionary funds, meaning funds that investors give for investment purposes, while other institutions also count bank deposits and more. What Does AUM Stand For?

What is assets under management (AUM) & how is it calculated?

Here’s what you should know about AUM including how it’s calculated and what it means for your fees. Assets under management measures the market value of the investments managed by a particular firm or fund. For example, a wealth management firm may have $2 billion in AUM, which means they manage $2 billion on behalf of their clients.