What is the assets under management fee?

Typically, the average AUM fee ranges from approximately 0.5% to 2% annually. However, it's essential to note that these rates can vary significantly, depending on the specific financial advisor or firm and their unique operating model.

Financial advisors often adopt the assets under management (AUM) fee method as a mode of charging their clients. This approach involves levying a percentage fee based on the total value of an individual's investment portfolio.

The AUM fee is a prevalent pricing strategy among financial advisors, as it provides a direct correlation between the size of the portfolio and the fee charged. This allows for a scalable fee structure that adjusts with the growth of the investments.

Some financial advisors may offer lower AUM fees for larger portfolios, as a means of attracting and retaining high-net-worth clients. Conversely, smaller portfolios may be subject to higher fees due to the additional time and resources required to manage them effectively.

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