Q3 2024
AUM as of September 2024 stands at €880 billion, recording an increase of approximately €95 billion compared to the figure recorded in Q4 2023 (+12%). This growth belongs for the 36% to the contribution of Net Inflows, which stand at €35 billion (an increase of +6% compared to the third quarter of 2023). The remaining 64% of the growth comes from positive returns on existing assets, supported by favorable stock market performances (+16% average on major indices YTD). The number of Financial Advisors increases compared to Q3 2023 (+4%) but less than the results recorded in terms of AUM, resulting in an increase in the value of AUM per Financial Advisor (+8%, approximately €2.6 million).