# Sammons Financial Group Asset Management, LLC

> Sammons Financial Group Asset Management, LLC is an SEC-registered investment advisory firm in West des Moines, IA, registered since 2022, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 321109
- Filed as: SAMMONS FINANCIAL GROUP ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: West des Moines, IA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/321109
- AdvisorCensus page: https://advisorcensus.com/firm/sammons-financial-group-asset-management-llc-west-des-moines-ia-321109

## Quick answers

**How is Sammons Financial Group Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Sammons Financial Group Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Sammons Financial Group Asset Management, LLC located?**
Sammons Financial Group Asset Management, LLC's principal office is in West des Moines, IA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Sammons Financial Group Asset Management, LLC registered with the SEC or a state?**
Sammons Financial Group Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 321109.

**How much does Sammons Financial Group Asset Management, LLC manage?**
Sammons Financial Group Asset Management, LLC reports $122,047,277,325 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Sammons Financial Group Asset Management, LLC's assets and staff changed since 2022?**
In the Form ADV data for Sammons Financial Group Asset Management, LLC: Regulatory assets under management: $5,763,204,273 in the October 2022 data and $122,047,277,325 in the October 2026 data, up 2018%. Total employees: 10 in October 2022 and 60 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sammons Financial Group Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (7); insurance companies (2).

**Which custodians does Sammons Financial Group Asset Management, LLC use?**
Sammons Financial Group Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank N.A. as a custodian holding 10% or more of its separately managed account assets.

**Does Sammons Financial Group Asset Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/321109

**Does Sammons Financial Group Asset Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "SFGAM does not impose minimum requirements for opening or maintaining an account."

**What changed in Sammons Financial Group Asset Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $109,759,440,207 to $122,047,277,325 (+11%). Employees performing advisory functions went from 6 to 5. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: None

> SFGAM does not impose minimum requirements for opening or maintaining an account.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Citibank N.A.

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: $122,047,277,325
- Discretionary: $122,047,277,325
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 2 | $120,637,679,691 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 7 | $1,409,597,634 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 60 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Chicago, IL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $5,763,204,273 | 10 | August 29, 2022 |
| October 2023 | $6,512,036,820 | 15 | March 31, 2023 |
| October 2024 | $11,358,738,764 | 15 | May 16, 2024 |
| October 2025 | $109,759,440,207 | 15 | April 28, 2025 |
| October 2026 | $122,047,277,325 | 60 | March 31, 2026 |

Regulatory assets under management: $5,763,204,273 in the October 2022 data and $122,047,277,325 in the October 2026 data, up 2018%.
Total employees: 10 in October 2022 and 60 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $109,759,440,207 to $122,047,277,325 (+11%).
- Employees performing advisory functions went from 6 to 5.
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Added an office in Chicago, IL.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sammons Financial Group Asset Management, LLC (CRD 321109): Form ADV filing data as of October 2026.