Clients
Sammons Financial Group Asset Management serves 9 clients, 7 of them corporations and other businesses. The average client has about $13.6 billion with the firm.
- Insurance companies2 clients99%
- Corporations and other businesses7 clients1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Insurance companies | 2 | $120,637,679,691 | 98.8% | $60.32B |
| Corporations and other businesses | 7 | $1,409,597,634 | 1.2% | $201.4M |
| Total | 9 | $122,047,277,325 | 100% | $13.56B |
- Clients
- 2
- Regulatory AUM
- $120,637,679,691
- Share
- 98.8%
- Avg. per client
- $60.32B
- Clients
- 7
- Regulatory AUM
- $1,409,597,634
- Share
- 1.2%
- Avg. per client
- $201.4M
Total
- Clients
- 9
- Regulatory AUM
- $122,047,277,325
- Share
- 100%
- Avg. per client
- $13.56B
What it does
Sammons Financial Group Asset Management provides portfolio management for institutions and selecting other managers. It is paid through a percentage of assets.
Sammons Financial Group Asset Management advises no private funds.
100.0% of assets ($122.05B across 9 accounts) are managed with discretion. 11% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
The filed percentages total 101%. The values below are shown as filed.
- Non-exchange-traded equity securities
- 1%
- U.S. government/agency bonds
- 10%
- U.S. state and local bonds
- 6%
- Sovereign bonds
- 1%
- Investment grade corporate bonds
- 63%
- Non-investment grade corporate bonds
- 2%
- Derivatives
- 4%
- Securities issued by pooled investment vehicles (other than registered investment companies)
- 10%
- Other (Dynamic Hedging Program)
- 4%
Custodians
Sammons Financial Group Asset Management’s client accounts are held mainly at Citibank N.A., with 75% of managed assets. Sammons Financial Group Asset Management has custody of $120.11B for 9 clients.
- Citibank N.A.Citibank N.A. · New York, NY · $91.87B75%
- All other custodians$30.18B25%
Ownership and leadership
Sammons Financial Group owns 75% or more of Sammons Financial Group Asset Management.
- Owns 75% or more of Sammons Financial Group Asset Management, LLC
Sammons Financial Group
Control person · since January 2022
- Owns 75% or more of Sammons Financial Group
Consolidated Investment Services, Inc.
Control person · since January 1990
- Owns 75% or more of Consolidated Investment Services, Inc.
Sammons Corporation
Control person · since January 2024
- Owns 75% or more of Sammons Corporation
Sammons Enterprises, Inc.
Control person · since January 2024
- Owns 75% or more of Sammons Enterprises, Inc.
SEI Employee Stock Ownership Trust
Control person · since January 2010
- Owns 75% or more of SEI Employee Stock Ownership Trust
Greatbanc Trust Company, Trustee
Control person · since January 2010
Leadership
- Daniel EdsenChief Financial Officer
- Daniel SnyderChief Compliance Officer
- Brett AgnewGeneral Counsel
- Sergi TurabelidzeChief Investment Officer
Staff
- 60 employees
- 5 in advisory functions
- 4 state-registered reps
- 7 broker-dealer reps
Fees
Sammons Financial Group Asset Management is paid through a percentage of assets under management.
Sammons Financial Group Asset Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Sammons Financial Group Asset Management has 1 office, with 2 listed addresses across 2 states.
Illinois · 1 listed address
- 433 W Van Buren ST., Chicago
Iowa · 1 listed address
- 8300 Mills Civic Parkway, West Des MoinesHQ
Registration details
- Legal name
- Sammons Financial Group Asset Management, LLC
- Headquarters
- 8300 Mills Civic Parkway, West Des Moines, IA 50266
- Phone
- 515-221-4879
- Website
- Not reported
- SEC file
- 801-125868
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Sammons Financial Group Asset Management have?
Sammons Financial Group Asset Management has 9 clients and manages $122 billion for them, as of March 2026. They include 7 corporations and other businesses and 2 insurance companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Sammons Financial Group Asset Management offer?
Sammons Financial Group Asset Management provides portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Sammons Financial Group Asset Management use?
Sammons Financial Group Asset Management’s separately managed account assets are held at Citibank N.A. (New York, NY), with $91,870,159,856. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Sammons Financial Group Asset Management have?
Sammons Financial Group Asset Management has 4 investment adviser representatives registered with state securities authorities, out of 60 employees, and 5 perform investment advisory functions. 7 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Sammons Financial Group Asset Management invest in?
At the end of its last fiscal year, Sammons Financial Group Asset Management’s separately managed accounts held 63% investment grade corporate bonds, 10% U.S. government and agency bonds, 10% pooled vehicles (private funds and similar), 6% state and local bonds, 4% derivatives, 4% dynamic hedging program, 2% high-yield corporate bonds, 1% non-exchange-traded equities and 1% sovereign bonds. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sammons Financial Group Asset Management?
Sammons Financial Group Asset Management is owned through a chain of holding companies by Greatbanc Trust Company, Trustee. Its direct owner is Sammons Financial Group (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Sammons Financial Group Asset Management get paid?
Sammons Financial Group Asset Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file