I'm trying to figure out how to calculate the AUM fee. Could someone please explain the process or provide a formula for calculating this fee?
6 answers
EclipseSeeker
Fri Nov 01 2024
AUM fees are a common method used to remunerate financial advisors.
CrystalPulse
Fri Nov 01 2024
These fees are calculated based on the total assets under management.
Alessandra
Thu Oct 31 2024
Specifically, the investor would pay $5,000 per year as a result of this fee structure.
Andrea
Thu Oct 31 2024
The percentage charged can vary depending on the advisor and the client's agreement.
CryptoNinja
Thu Oct 31 2024
For instance, if an investor has $500,000 in assets being managed by an advisor.