What Does AUM Mean? Assets Under Management Explained
Warren Team
Continue learning
Related articles
Key terms
- AssetAnything of value that an individual or company owns, such as cash, investments, real estate, or personal property. Assets are the foundation of building wealth.
- Active ManagementAn investment approach where fund managers make deliberate buying and selling decisions to outperform a benchmark index. Active funds charge higher fees than passive funds, and studies show the majority of active managers underperform their benchmarks over time.
- Property ManagementThe operation, oversight, and maintenance of real estate by a third party on behalf of the owner. Property managers handle tenant screening, rent collection, maintenance, and legal compliance, typically charging 8-12% of monthly rental income.
Get your first personalized plan in minutes
Free to start, no credit card required. Warren reads your accounts, it never moves money.