# Assets under management > In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution - such as a mutual fund, venture capital firm, or depository institution - or a decentralized network protocol manages and invests, typically on behalf of its clients. --https://en.wikipedia.org/wiki/Assets_under_management In [finance](https://wiki.g15e.com/pages/Finance.txt), assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution - such as a mutual fund, venture capital firm, or depository institution - or a decentralized network protocol manages and invests, typically on behalf of its clients. --https://en.wikipedia.org/wiki/Assets_under_management