AE Wealth Management (AEWM) announced a remarkable achievement of surpassing $40 billion in assets under management (AUM).

Asset management primarily involves portfolio construction and management. Wealth management includes aspects of financial ...

Blackstone beat earnings and revenue forecasts as fees and assets under management grew. Blackstone ( BX) shares gained after ...

Blackstone (NYSE:BX) shares surged Thursday after the alternative asset manager announced a powerful second quarter, handily ...

BlackRock's assets under management hit a new high in the second quarter as global markets rallied, but its shares tumbled as ...

South Korea's Mirae Asset Global Investments said Friday the company manages more than $300 billion in assets, with nearly ...

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Petershill Partners said its assets under management grew in the most recent quarter, mainly driven by inflows, and reiterated its full-year guidance.

Assets under management may not be a term that the average investor is familiar with. It refers to assets that a bank, or other type of financial-services company, oversees for clients, as opposed ...

Asset and wealth manager Ameriprise Financial reported a 28% rise in its second-quarter profit on Thursday, as a late-quarter ...