Assets Under Administration - AUA

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. Trust Company

    A legal entity that acts as fiduciary, agent or trustee on behalf ...
  4. Custodian

    A financial institution that holds customers' securities for ...
  5. Beneficial Owner

    1. A person who enjoys the benefits of ownership even though ...
  6. Green Fund

    A mutual fund or other investment vehicle that will only invest ...
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

    Top 3 First Pacific Advisors Funds for Retirement Diversification in 2016

    Learn about three mutual funds from First Pacific Advisors for including in a well-diversified retirement portfolio. Discover which fund truly stands out.
  4. Mutual Funds & ETFs

    Top 3 UBS Global Funds for Retirement Diversification in 2016

    Learn about UBS's asset management business, past mutual fund performance and the top three UBS mutual funds to consider for retirement diversification.
  5. Fundamental Analysis

    3 Misconceptions About Warren Buffett

    Learn why Warren Buffett is the man behind the curtain and how he is misunderstood regarding the ways he has adapted and changed his investing approach over the years.
  6. Mutual Funds & ETFs

    Invesco’s Top Funds for Retirement

    Here's a list of Invesco investments—retirement funds—that may work for you if you have the time to let them mature over the long term.
  7. Mutual Funds & ETFs

    Top 4 Royce Funds for Retirement Diversification in 2016

    Discover four of The Royce Funds mutual funds suitable for diversifying retirement portfolios that focus on investing in small-cap companies.
  8. Mutual Funds & ETFs

    Top 3 VALIC Funds for Retirement Diversification in 2016

    Learn about the VALIC fund family, its performance relative to its peers and the top three VALIC funds to consider for retirement diversification in 2016.
  9. Mutual Funds & ETFs

    The 4 Best T. Rowe Price Funds for Growth Investors in 2016 (TROW)

    Discover the four best mutual funds administered and managed by T. Rowe Price that specialize in investing in stocks of growth companies.
  10. Mutual Funds & ETFs

    The 3 Best T. Rowe Price Funds for Value Investors in 2016

    Read analyses of the top three T. Rowe Price value funds open to new investors, and learn about their investment objectives and historical performances.
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. How liquid are BlackRock mutual funds? (BLK)

    BlackRock, Inc. (NYSE: BLK) mutual funds are very liquid, as are all mutual funds. An investor receives payment for a redemption ... Read Full Answer >>
  4. Are target-date retirement funds good investments?

    The main benefit of target-date retirement funds is convenience. If you really don't want to bother with your retirement ... Read Full Answer >>
  5. Do mutual funds require a demat account?

    A dematerialized account enables electronic transfer of funds. The account is used so an investor does not need to hold the ... Read Full Answer >>
  6. How liquid are Vanguard mutual funds?

    The Vanguard mutual fund family is one of the largest and most well-recognized fund family in the financial industry. Its ... Read Full Answer >>
Hot Definitions
  1. Short Selling

    Short selling is the sale of a security that is not owned by the seller, or that the seller has borrowed. Short selling is ...
  2. Harry Potter Stock Index

    A collection of stocks from companies related to the "Harry Potter" series franchise. Created by StockPickr, this index seeks ...
  3. Liquidation Margin

    Liquidation margin refers to the value of all of the equity positions in a margin account. If an investor or trader holds ...
  4. Black Swan

    An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult ...
  5. Inverted Yield Curve

    An interest rate environment in which long-term debt instruments have a lower yield than short-term debt instruments of the ...
  6. Socially Responsible Investment - SRI

    An investment that is considered socially responsible because of the nature of the business the company conducts. Common ...
Trading Center