AUM per client for Team firms serving clients in Florida

Assets under management (AUM) per client measures the average amount of assets a financial advisory firm manages for each client. This metric helps indicate the type of clients a firm serves—higher AUM per client often points to firms working with high-net-worth individuals and offering more customized, complex planning, while lower AUM per client suggests a focus on broader access and more standardized services.

In Florida, among team firms—which typically have 5 to 30 advisors or manage over $500 million in assets—the median AUM per client is about $861,000. This is somewhat below the broader national median of roughly $1 million, indicating that many Florida teams serve a client base leaning toward the affluent segment rather than exclusively high-net-worth individuals. The distribution shows a range from around $185,000 up to over $5 million per client, reflecting diversity in firm focus. Some firms may be in earlier growth stages or intentionally targeting a wider client base with more accessible minimums, while others concentrate on wealthier clients requiring tailored, in-depth advice.

For you, understanding AUM per client helps clarify what kind of advisory experience to expect. A lower figure might mean more standardized, scalable service with lower investment minimums, while a higher figure often signals more personalized attention and complex planning. There’s no single “right” number—it depends on your financial situation and service preferences. Use this metric alongside others to find a firm that aligns with your needs. Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.