Cryptocurrency Q&A What is an assets under management fee?

What is an assets under management fee?

Chloe_jackson_athlete Chloe_jackson_athlete Fri Nov 01 2024 | 6 answers 1656
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? What is an assets under management fee?

6 answers

emma_lewis_pilot emma_lewis_pilot Sun Nov 03 2024
Assets Under Management, or AUM, represents a fee structure employed by investment advisors and trustees.

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Claudio 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.

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Michele Michele Sat Nov 02 2024
This fee is calculated as a percentage of the total funds held within a trust account.

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Martino Martino Sat Nov 02 2024
The primary purpose of AUM is to compensate the advisor or trustee for their services.

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ShintoBlessed 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.

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