{"url":"https://nivawealth.com/firms/sammons-financial-group-asset-management-321109","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/321109","regulatoryAum":122047277325,"crd":"321109","secFileNumber":"801-125868","legalName":"Sammons Financial Group Asset Management, LLC","displayName":"Sammons Financial Group Asset Management","website":null,"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"8300 Mills Civic Parkway","city":"West Des Moines","state":"IA","stateName":"Iowa","country":"United States","postalCode":"50266"},"tradeNames":[],"registration":{"secApproved":"13 June 2022","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":60,"advisory":5,"brokerDealerReps":7,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":122047277325,"discretionaryAccounts":9,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":11,"nonAumClients":0},"clientTypes":[{"label":"Insurance companies","clients":2,"regulatoryAum":120637679691},{"label":"Corporations and other businesses","clients":7,"regulatoryAum":1409597634}],"fees":[],"feeNotes":[],"custodians":[{"name":"Citibank N.A.","shortName":"Citibank N.A.","location":"New York, NY","smaAssets":91870159856}],"custodyNote":"Sammons Financial Group Asset Management has custody of $120.11B for 9 clients.","otherCustodians":[],"leadership":[{"name":"Daniel Edsen","title":"Chief Financial Officer","crd":"6170133"},{"name":"Daniel Snyder","title":"Chief Compliance Officer","crd":"7568092"},{"name":"Brett Agnew","title":"General Counsel","crd":"3211821"},{"name":"Sergi Turabelidze","title":"Chief Investment Officer","crd":"6110591"}],"ownership":[{"label":"Sammons Financial Group","detail":"Owner in the 75% or more ownership band and a control person, since January 2022."},{"label":"Consolidated Investment Services, Inc.","detail":"Indirect owner: a shareholder of Sammons Financial Group in the 75% or more band and a control person, since January 1990.","parent":"Sammons Financial Group"},{"label":"Sammons Corporation","detail":"Indirect owner: a shareholder of Consolidated Investment Services, Inc. in the 75% or more band and a control person, since January 2024.","parent":"Consolidated Investment Services, Inc."},{"label":"Sammons Enterprises, Inc.","detail":"Indirect owner: a shareholder of Sammons Corporation in the 75% or more band and a control person, since January 2024.","parent":"Sammons Corporation"},{"label":"SEI Employee Stock Ownership Trust","detail":"Indirect owner: a shareholder of Sammons Enterprises, Inc. in the 75% or more band and a control person, since January 2010.","parent":"Sammons Enterprises, Inc."},{"label":"Greatbanc Trust Company, Trustee","detail":"Indirect owner: a shareholder of SEI Employee Stock Ownership Trust in the 75% or more band and a control person, since January 2010.","parent":"SEI Employee Stock Ownership Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"433 W Van Buren ST.","city":"Chicago"}]},{"state":"Iowa","offices":1,"addresses":[{"street":"8300 Mills Civic Parkway","city":"West Des Moines","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"515-221-4879","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":10},{"label":"U.S. state and local bonds","percent":6},{"label":"Sovereign bonds","percent":1},{"label":"Investment grade corporate bonds","percent":63},{"label":"Non-investment grade corporate bonds","percent":2},{"label":"Derivatives","percent":4},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":10},{"label":"Other","percent":4,"detail":"Dynamic Hedging Program"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/321109/PDF/321109.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Sammons Financial Group Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sammons Financial Group Asset Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Sammons Financial Group Asset Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sammons Financial Group Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sammons Financial Group Asset Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Sammons Financial Group Asset Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sammons Financial Group Asset Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}