More terms
Assets Under Management (AUM)
The value of assets for which an adviser provides qualifying investment advice; regulatory AUM is calculated under Form ADV rules rather than one universal convention.
What traders should verify
For Assets Under Management (AUM), inspect the legal structure, adviser and Form ADV, investor eligibility, strategy, holdings, fees, leverage, liquidity, conflicts, and reporting date.
Do not conflate
The label Assets Under Management (AUM) does not by itself establish registration status, current holdings, liquidity, risk, performance, or investor eligibility.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.