### Question
What is the definition of assets under management?


### Answer
The definition of **assets under management** is as follows in *15 U.S.C. § 80b*:

> the securities portfolios with respect to which an investment adviser provides continuous and regular supervisory or management services

#### Citation:
  - *15 U.S.C. § 80b*
  - Heading: **CHAPTER 2D-INVESTMENT COMPANIES AND ADVISERS > SUBCHAPTER II-INVESTMENT ADVISERS**

