Assets under administration (AUA) is the total market value of assets for which a financial institution provides administrative services. This includes investment management, recordkeeping, and other support services. The term is most commonly used in the context of investment management firms and retirement plan administrators.
AUA is different from assets under management (AUM), which is the total market value of assets under the direct control of a financial institution. AUA is a broader measure that includes both AUM and other assets for which the financial institution provides administrative services, but does not have direct control over.
The growth of AUA can be a good indicator of the health of a financial institution, as it shows that the institution is winning new business and growing its client base. It can also be a good measure of the efficiency of the institution, as it shows that the institution is able to handle more assets without having to increase staff or other resources. Is NAV and equity the same? No, NAV and equity are not the same. NAV, or net asset value, is a measure of a company's total assets minus its total liabilities. Equity, on the other hand, is the portion of a company's assets that are owned by its shareholders. How are AUM fees calculated? AUM stands for assets under management. AUM fees are charged as a percentage of the assets that a financial institution manages on behalf of its clients. The typical AUM fee is between 0.25% and 2.0%.
AUM fees are calculated by multiplying the total value of the assets under management by the AUM fee percentage. For example, if a financial institution has $100 million in assets under management and charges a 1% AUM fee, the institution would earn $1 million in AUM fees.
AUM fees are typically charged on a quarterly basis. However, some financial institutions charge AUM fees monthly or even annually.
Does assets under management include leverage?
No, assets under management (AUM) do not include leverage. AUM is simply the total market value of all the securities that a financial institution manages on behalf of its clients. Leverage, on the other hand, is the use of debt to finance investments in order to increase the potential return on investment. Leverage can be used to finance both the purchase of assets and the management of those assets.
Which company has the most assets under management?
There is no definitive answer to this question, as it largely depends on how one defines "assets under management" (AUM). AUM can be defined in a number of ways, including the market value of a company's assets, the value of assets under direct management, or the value of assets under indirect management.
Assuming that we are using the market value definition, the company with the most AUM would be the one with the highest market capitalization. As of September 2020, the company with the highest market capitalization is Apple Inc., with a market cap of approximately $2.2 trillion.
However, it is important to note that market capitalization is not the same as AUM. Market capitalization is simply the market value of a company's outstanding shares. AUM, on the other hand, is a measure of the value of assets under a company's management. Therefore, a company with a high market capitalization may not necessarily have a high AUM.
There are a number of companies that manage large amounts of assets. For example, BlackRock is a global asset management firm with approximately $7.4 trillion in AUM as of June 2020. Other large asset management firms include Vanguard ($6.2 trillion in AUM as of June 2020) and State Street Global Advisors ($3.1 trillion in AUM as of March 2020). What does NAV stand for? NAV stands for net asset value. This is the value of a company's assets minus its liabilities. It is typically used to value a company's shares.