What is assets under management (AUM)?

What Is AUM? Assets under management (AUM) refers to the total market value of client funds managed by a person or a financial institution, such as financial advisory firms, brokerages, and mutual funds. The term may refer to funds managed for an individual client or total clients.

What does finance mean?

Essentially, finance represents money management and the process of acquiring needed funds. Finance also encompasses the oversight, creation, and study of money, banking, credit, investments, assets, and liabilities that make up financial systems. Many of the basic concepts in finance originate from microeconomic and macroeconomic theories.

How can Aum help you choose the right investment fund?

When it comes to investment funds, AUM can help you get a sense of how size of the fund and how easily you will be able to buy and sell shares. When it comes to choosing an advisory firm or other financial institutions, AUM can help you understand the size of the firm.

What is finance & why is it important?

What is Finance? Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting. There are three main types of finance: (1) personal, (2) corporate, and (3) public /government.