In this guide, you will learn how to configure and manage AUM (Assets Under Management) settings in LeadCenter.ai.
These settings allow you to automatically track production, company fees, advisor commissions, and payment records for all managed investment accounts.

1. What AUM Settings Do

AUM settings define how LeadCenter tracks and calculates fees and commissions related to investment accounts.
The system automatically:

• Calculates company management fees based on account value.
• Determines advisor commissions using assigned commission plans.
• Records company fee payments and advisor commission payments.
• Reflects all related activity in AUM and revenue reports.

When an AUM account is created and marked as Issued, the software applies your configuration to calculate the appropriate company and advisor amounts automatically.

2. Accessing AUM Settings

To review or configure your AUM setup:

1. Click your name in the upper-right corner.
2. Select Settings.
3. Open the AUM Settings tab.

This page contains several components that together define how your AUM data is structured and tracked.

3. Key Components of AUM Settings

A. Asset Types

Use this section to define the types of investment assets your firm manages.
Examples include IRA, Roth IRA, Brokerage Account, or Advisory Account.
These categories help organize reports and improve filtering options.

B. AUM Fees

Set up annual fee schedules for managed assets.
The system calculates client fees automatically using the total household AUM balance.
You can create tiered pricing structures, such as:

• 1.25% on balances up to $1,000,000
• 1.00% on balances over $1,000,000

(For a detailed walkthrough, see the separate AUM Fees video.)

C. Custodians (Optional)

Add your financial custodians to track where client assets are held, such as Fidelity, Schwab, or Pershing.
This is optional—AUM accounts can exist with or without custodians.

D. Product Types (Optional)

Define categories of AUM products, such as Brokerage, Advisory, or Managed Portfolios.
This helps you classify investment models or account structures.

E. Products

Create specific AUM products that represent your investment models or portfolio strategies.
Examples include Dividend Income Model, Blue Chip Growth Model, or Moderate Allocation Model.
If you only manage one type of AUM product, create a single entry named “AUM” for simplicity.

4. Setting Up Advisor Commission Plans

If your advisors receive commissions on managed assets, you must create Advisor Commission Plans.

To configure:

1. From the blue menu, select Commissions.
2. Click Commission Plans.
3. Create and assign plans based on production ranges.

For example:

• 22% commission for the first $40 million in production
• 25% for $40–$60 million
• 30% for production above $60 million

Each advisor is assigned to one plan, and LeadCenter automatically applies the correct percentages when calculating payouts.

5. Benefits of Proper AUM Configuration

When your AUM settings are properly configured, you can:

• Automate fee and commission calculations.
• Track production performance by advisor, office, or household.
• Simplify billing, reconciliation, and payment tracking.
• Generate accurate, up-to-date performance and revenue reports.

6. Summary

7. Best Practices

• Verify that account statuses are set to Issued so fees calculate correctly.
• Update AUM fee schedules annually to reflect pricing or policy changes.
• Keep custodian and product names consistent for clean reporting.
• Use the Advisor Commission Reports to reconcile payments and production efficiently.

By configuring your AUM settings in LeadCenter.ai, you can automate all calculations related to managed assets, ensure accurate reporting, and maintain transparency across company and advisor performance.

Thank you for watching.