Assets Under Administration - AUA

AAA

DEFINITION of 'Assets Under Administration - AUA'

Financial properties that are managed by a bank or financial institution on behalf of clients. Assets under administration are beneficially owned by clients, and all investment decisions pertaining to these assets are also made by clients. Services offered by asset administration providers include custodial and tax-related duties.

BREAKING DOWN 'Assets Under Administration - AUA'

Assets under administration are a common measure of the size of an institution's custodial portfolio, with the largest banks and financial institutions that offer these services having hundreds of billions of dollars in such assets.


Assets under administration are distinct from assets under management (AUM), which refers to assets that are actively managed by fund managers and portfolio managers on behalf of investors.

RELATED TERMS
  1. Assets Under Management - AUM

    The market value of assets that an investment company manages ...
  2. Custodial Account

    1. An account created at a bank, brokerage firm or mutual fund ...
  3. Beneficial Owner

    1. A person who enjoys the benefits of ownership even though ...
  4. Custodian

    A financial institution that holds customers' securities for ...
  5. Trust Company

    A legal entity that acts as fiduciary, agent or trustee on behalf ...
  6. Exchange-Traded Fund (ETF)

    A security that tracks an index, a commodity or a basket of assets ...
Related Articles
  1. Fundamental Analysis

    Stock School: Student-Managed Investment Plans

    Student-managed investment funds offer future investment professionals a chance to manage real money while earning their degrees.
  2. Insurance

    Trending Toward Asset-Based Management

    Will charging fees instead of commission increase your client base?
  3. Mutual Funds & ETFs

    ETF Analysis: iShares Agency Bond

    Find out about the iShares Agency Bond exchange-traded fund, and explore detailed analysis of the ETF that tracks U.S. government agency securities.
  4. Mutual Funds & ETFs

    ETF Analysis: PowerShares S&P 500 Low Volatility

    Find out about the PowerShares S&P 500 Low Volatility ETF, and learn detailed information about this fund that provides exposure to low-volatility stocks.
  5. Mutual Funds & ETFs

    ETF Analysis: Vanguard Intermediate-Term Bond

    Find out about the Vanguard Intermediate-Term Bond ETF, and delve into detailed analysis of this fund that invests in investment-grade intermediate-term bonds.
  6. Professionals

    Index or Target Dates in 401(k)s: Which is Better?

    A common question is whether or not plan participants should choose index or target date funds in a 401(k). The answer depends on different scenarios.
  7. Active Trading Fundamentals

    Arbitrage Pricing Theory: It's Not Just Fancy Math

    What are the main ideas behind arbitrage pricing theory? We provide a simple explanation of the model and how to use it.
  8. Investing

    6 Reasons Why Every Investor Should Consider ETFs

    Once you understand the benefits of ETFs, you’ll see how they could be an exciting and smart way to help meet your financial goals. Here some key facts.
  9. Term

    What's an Investment Advisor?

    An investment or financial advisor makes investment recommendations and analyzes securities.
  10. Investing News

    Understanding How Mutual Funds Pay Dividends

    The process by which mutual fund dividends are calculated, distributed and reported is fairly straightforward in most cases. Here's a look.
RELATED FAQS
  1. Who are Charles Schwab's (SCHW) main competitors?

    Charles Schwab Corp. (SCHW) is a savings and loan holding company that operates in several areas of financial services through ... Read Full Answer >>
  2. Investment advisors must register with the SEC when their assets under management ...

    A. More than $20 millionB. More than $25 millionC. $25 million to $30 millionD. More than $30 million Correct ... Read Full Answer >>
  3. What does a high turnover ratio signify for an investment fund?

    If an investment fund has a high turnover ratio, it indicates it replaces most or all of its holdings over a one-year period. ... Read Full Answer >>
  4. What is the difference between passive and active asset management?

    Asset management utilizes two main investment strategies that can be used to generate returns: active asset management and ... Read Full Answer >>
  5. What percentage of a diversified portfolio should large cap stocks comprise?

    The percentage of a diversified investment portfolio that should consist of large-cap stocks depends on an individual investor's ... Read Full Answer >>
  6. Is there a situation in which wash trading is legal?

    Wash trading, the intentional practice of manipulating a stock's activity level to deceive other investors, is not a legal ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Alligator Spread

    An unprofitable spread that occurs as a result of large commissions charged on the transaction, regardless of favorable market ...
  2. Tiger Cub Economies

    The four Southeast Asian economies of Indonesia, Malaysia, the Philippines and Thailand. Tiger cub economy indicates that ...
  3. Gorilla

    A company that dominates an industry without having a complete monopoly. A gorilla firm has large control of the pricing ...
  4. Elephants

    Slang for large institutions that have the funds to make high volumes trades. Due to the large volumes of stock that elephants ...
  5. Widow's Exemption

    In general terms, a widow's exemption refers to the amount that can be deducted from taxable income by a widow, thereby reducing ...
  6. Wedding Warrant

    A warrant that can only be exercised if the host asset, typically a bond or preferred stock, is surrendered. Until the call ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!