AUM per client for Team firms serving clients in Florida

AUM per client measures the total assets a firm manages divided by its number of clients, offering insight into the type of clients a firm serves. Higher AUM per client often indicates firms that focus on wealthier clients with more complex financial needs, while lower figures suggest firms serving a broader client base with more standardized services.

In Florida, among team firms—those with 5 to 30 advisors or managing over $500 million in assets—the median AUM per client is about $859,000. This is somewhat below the national median for similar firms, which sits just over $1 million. With 945 team firms active in the state, the distribution shows a range from around $179,000 at the lower end to over $5 million at the high end. This spread suggests that Florida’s team firms serve a diverse client base, from affluent households seeking scalable, consistent advice to high-net-worth individuals requiring more tailored, complex planning. The variation also reflects different business models: some firms may be early in growth, focusing on expanding their client base, while others intentionally maintain higher minimums to deliver more personalized service.

For you, understanding AUM per client helps clarify what kind of advisory experience to expect. A lower AUM per client typically means more accessible services with standardized planning, while a higher number points to more bespoke, comprehensive wealth management. 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 and goals. Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.