# Advisors Asset Management, Inc.

> Advisors Asset Management, Inc. is an SEC-registered investment advisory firm in Monument, CO, registered since 2004, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 13, 2026.

- CRD: 46727
- Filed as: ADVISORS ASSET MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Monument, CO
- Filing period: October 2026
- Form ADV filing dated: August 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/46727
- AdvisorCensus page: https://advisorcensus.com/firm/advisors-asset-management-inc-monument-co-46727

## Quick answers

**How is Advisors Asset Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Advisors Asset Management, Inc. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Advisors Asset Management, Inc. located?**
Advisors Asset Management, Inc.'s principal office is in Monument, CO, according to its Form ADV; the September 2026 filing also lists 8 other offices (Schedule D, Section 1.F).

**Is Advisors Asset Management, Inc. registered with the SEC or a state?**
Advisors Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 46727.

**How much does Advisors Asset Management, Inc. manage?**
Advisors Asset Management, Inc. reports $2,209,285,931 in regulatory assets under management in its Form ADV filing dated August 13, 2026 (100% discretionary).

**How have Advisors Asset Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Advisors Asset Management, Inc.: Regulatory assets under management: $3,259,077,411 in the October 2021 data and $2,209,285,931 in the October 2026 data, down 32%. Total employees: 268 in October 2021 and 255 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Advisors Asset Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,314); high net worth individuals (125); corporations or other businesses not listed above (45).

**Which custodians does Advisors Asset Management, Inc. use?**
Advisors Asset Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., National Financial Services LLC and Pershing LLC as custodians holding 10% or more of its separately managed account assets.

**Does Advisors Asset Management, Inc. report any disciplinary disclosures?**
Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(4) (another regulator's order in the past ten years), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/46727

**What changed in Advisors Asset Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 51 to 42. Regulatory assets under management went from $1,958,198,460 to $2,209,285,931 (+13%). Registered or notice-filed in HI, PR.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC
- Pershing LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $2,209,285,931
- Discretionary: $2,208,033,584
- Non-discretionary: $1,252,347

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,314 | $386,191,363 |
| High net worth individuals | 125 | $314,227,881 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 11 | $1,399,517,827 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $44,581,797 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $4,126,770 |
| Charitable organizations | 3 | $2,114,230 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 45 | $58,526,063 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2004 (22 years)
- Employees: 255 total, 42 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY
- Disclosures (Item 11): Reports 5 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(1): Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/46727

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Boca Raton, FL
- Boerne, TX
- Charlotte, NC
- Lisle, IL
- Melville, NY
- New York, NY
- Princeton, NJ
- Wichita, KS

### Websites listed on Form ADV (Item 1.I)
- aamlive.com
- buzzspout.com/1451995
- buzzspout.com/2445673
- wistia.com
- Facebook @aamlive
- LinkedIn @advisors-asset-management-inc-
- X @aamlive

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,259,077,411 | 268 | August 20, 2021 |
| October 2022 | $4,038,813,763 | 261 | August 30, 2022 |
| October 2023 | $3,740,185,737 | 253 | June 30, 2023 |
| October 2024 | $3,853,640,375 | 272 | July 29, 2024 |
| October 2025 | $1,958,198,460 | 274 | June 27, 2025 |
| October 2026 | $2,209,285,931 | 255 | August 13, 2026 |

Regulatory assets under management: $3,259,077,411 in the October 2021 data and $2,209,285,931 in the October 2026 data, down 32%.
Total employees: 268 in October 2021 and 255 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 51 to 42.
- Regulatory assets under management went from $1,958,198,460 to $2,209,285,931 (+13%).
- Registered or notice-filed in HI, PR.

### January 2026
- No longer registered or notice-filed in PR.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Advisors Asset Management, Inc. (CRD 46727): Form ADV filing data as of October 2026.