AUM per client for Team firms serving clients in Indiana

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 with higher minimum investment requirements and more complex, personalized planning, while lower figures suggest broader access and more standardized services.

In Indiana, team firms—those with 5 to 30 advisors or managing over $500 million in assets—have a median AUM per client of about $676,000, which is below the national median of roughly $1.02 million. With 196 such firms and 804 advisors statewide, this distribution suggests many Indiana team firms focus on serving affluent clients with scalable, repeatable planning processes rather than exclusively high-net-worth individuals. The range of AUM per client here reflects two possible interpretations: some firms may be in earlier growth stages building their client base, while others intentionally maintain lower minimums to provide accessible, standardized advice to a broader audience.

For you, understanding AUM per client helps clarify what kind of service model a firm might offer. A lower AUM per client in Indiana often means more accessible entry points and consistent, team-based support, whereas higher figures typically signal more bespoke, complex planning for wealthier clients. There’s no single “right” number—it’s about matching your financial situation and service preferences. Use this metric alongside others to find an advisor whose approach aligns with your needs.

Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.