What are assets under management?

What are assets under management?

Assets under management (AUM) is the total market value of the investments that a person or entity manages on behalf of clients. In the calculation of AUM, some financial institutions include bank deposits, mutual funds, and cash in their calculations.

What is the difference between assets and assets under management?

NAV shows what price shares in a fund can be bought and sold at. AUM by contrast refers to the value of assets managed by an individual or firm, not a fund. Unlike NAV, AUM refers to the total value of assets being managed rather than expressed on a per-share basis.

What is an asset in a business?

Business: Business assets deliver value to a company because they can be used to produce goods, fund operations and drive growth. Assets include physical items such as machinery, property, raw materials and inventory, and intangible items like patents, royalties and other intellectual property.

What is total assets under management?

In finance, assets under management (AUM), sometimes called funds under management (FUM), measures the total market value of all the financial assets which a financial institution such as a mutual fund, venture capital firm, or brokerage house manages on behalf of its clients and themselves.

What is Charles Schwab assets under management?

Charles Schwab Assets Under Management (AUM) Charles Schwab is one of the largest broker-dealers in the United States. The company has over 1,200 financial advisors, operates more than 330 brick-and-mortar locations in 46 states, and serves 7,000 registered investment advisors.

What are assets under administration?

Assets under administration (AUA) is a measure of the total assets for which a financial institution provides administrative services. Assets under administration are beneficially owned and managed by clients who contract with a third-party administration provider.

What is assets under management?

Assets under management. In finance, assets under management ( AUM ), sometimes called funds under management ( FUM ), measures the total market value of all the financial assets which a financial institution such as a mutual fund, venture capital firm, or brokerage house manages on behalf of its clients and themselves.