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LSDefine

Simple English definitions for legal terms

asset under management

Read a random definition: salvus plegius

A quick definition of asset under management:

Asset under management refers to a portfolio of investments that are managed by an investment advisor. An asset is something that has value, like money, property, or equipment. Assets can be owned by individuals, businesses, or organizations. There are different types of assets, such as current assets that can be easily converted to cash, and fixed assets that are used for long-term business operations. Some assets may be difficult to sell or have no value, like a debt that cannot be collected.

A more thorough explanation:

Definition: Asset under management refers to a securities portfolio that is managed by an investment adviser who provides ongoing supervision and management services.

Examples:

  • A mutual fund that is managed by an investment company.
  • A pension fund that is managed by a financial advisor.
  • A hedge fund that is managed by a portfolio manager.

These examples illustrate the definition of asset under management because they all involve a securities portfolio that is managed by an investment professional who provides ongoing supervision and management services. The investment professional is responsible for making investment decisions on behalf of the portfolio and ensuring that the portfolio is aligned with the investment objectives of the client.

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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