AUM per client for Multi-team firms serving clients in Indiana

AUM per client measures the total assets a firm manages divided by its client count, offering insight into the type of clients a firm serves. Higher AUM per client often indicates firms that cater to wealthier individuals with more complex financial needs, while lower figures suggest broader access and more standardized services. This metric helps you understand a firm’s general approach to client service and minimum investment levels.

In Indiana, multi-team firms—those with 30 to 300 advisors or managing over $3 billion—have a median AUM per client of about $572,000, slightly below the national median of $654,000. The distribution shows a wide range, with some firms managing less than $160,000 per client and others exceeding $6.3 million. This spread suggests a diverse landscape: some firms focus on serving a broader client base with lower minimums, while others target higher-net-worth clients with more specialized services. The variation also reflects that multi-team firms often have multiple service tiers, blending mass-affluent clients with high-net-worth households under one roof.

For you, this means AUM per client is a useful signal but not a definitive measure of quality. A higher number may indicate more personalized, complex planning, while a lower number might mean greater accessibility and standardized offerings. Consider this metric alongside others to find an advisor whose service style and client focus align with your financial situation and goals. Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.