decompose-aum-growth

name	decompose-aum-growth
description	Separate AUM growth into net new flows vs market and compute the organic growth rate. Reach for this on a growth question.

Skill: Decompose AUM growth

A bull market can hide an organically shrinking practice (§3 #1 #7).

Step 1 — Set the AUM bridge

Beginning AUM, ending AUM, net new flows, withdrawals.

Step 2 — Separate flows from market

AUM growth − net new flows = market via riaops_calc.py aum-revenue (§3 #1).

Step 3 — Compute organic growth

Net new flows ÷ beginning AUM — the real health metric (§3 #7).

Step 4 — Read it against market

Strip market; organic growth is what survives a drawdown (§3 #7).

Output

An AUM bridge separating net-new-vs-market with the organic growth rate. Traverse Tree 1 in the decision-trees file.