Glossary · concept

Assets Under Management

Also known as: AUM

Definition: Assets Under Management (AUM) is the total market value of investments managed by a financial institution on behalf of clients. The standard scale measure in private banking, wealth management, and asset management.

AUM is reported across banks, fund managers, family offices, and EAMs in private-banking practice — and is the basis for tier qualifications (e.g. private-bank minimum AUM), fee calculations (% of AUM), and benchmark comparisons. AUM excludes assets held under custody-only mandates where the institution has no investment discretion.

Source: Industry standard term

CMSL
Discretionary mandate

Looking for the full picture? See our deep-dive pages on Singapore private banking, family office Singapore, and the full glossary index.

Assets Under Management

Related