I'm curious about a certain fee related to asset management. Specifically, I want to understand what is meant by 'assets under management fee'. Could someone please explain this to me?
6 answers
emma_lewis_pilot
Sun Nov 03 2024
Assets Under Management, or AUM, represents a fee structure employed by investment advisors and trustees.
Claudio
Sat Nov 02 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of investors. These services include spot trading, futures trading, and wallet solutions.
Michele
Sat Nov 02 2024
This fee is calculated as a percentage of the total funds held within a trust account.
Martino
Sat Nov 02 2024
The primary purpose of AUM is to compensate the advisor or trustee for their services.
ShintoBlessed
Sat Nov 02 2024
The size of the AUM fee can vary depending on the agreement between the advisor or trustee and the client.