AdvisorCensus / Financial advisors / Massachusetts / Boston / SLC Management
SLC Management
Filed as SLC MANAGEMENT · Legal name Sun Life Capital Management (U.S.) LLC
SLC Management is an SEC-registered investment advisory firm in Wellesley Hills, MA, registered since 1991, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is SLC Management compensated?
On its Form ADV (Item 5.E, October 2026), SLC Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other.
Where is SLC Management located?
SLC Management's principal office is in Wellesley Hills, MA, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F).
Is SLC Management registered with the SEC or a state?
SLC Management is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 109684.
How much does SLC Management manage?
SLC Management reports $76,410,239,323 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (87% discretionary).
How have SLC Management's assets and staff changed since 2021?
In the Form ADV data for SLC Management: Regulatory assets under management: $70,432,456,339 in the October 2021 data and $76,410,239,323 in the October 2026 data, up 8%. Total employees: 165 in October 2021 and 207 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does SLC Management serve?
By number of clients on Form ADV Item 5.D: insurance companies (127); pension and profit sharing plans (but not the plan participants or government pension plans) (110); state or municipal government entities (including government pension plans) (16).
Which custodians does SLC Management use?
SLC Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank as a custodian holding 10% or more of its separately managed account assets.
Does SLC Management 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/109684
What changed in SLC Management's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 101 to 108. Regulatory assets under management went from $69,137,218,933 to $76,410,239,323 (+11%). Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 31, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$76,410,239,323 as of October 2026, filing dated March 31, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Sun Life Capital Management (U.S.) LLC
- Also doing business as
- SLC FIXED INCOME, SLC MANAGEMENT
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1991 (34 years)
- Employees
- Total: 207. Performing investment advisory functions: 108.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
4 other offices, as of the April 2026 filing
- States registered or notice-filed
-
6 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $76,410,239,323 | 207 | March 31, 2026 |
| October 2025 | $69,137,218,933 | 225 | April 30, 2025 |
| October 2024 | $69,470,041,414 | 220 | March 28, 2024 |
| October 2023 | $66,971,567,511 | 193 | August 3, 2023 |
| October 2022 | $73,950,884,851 | 173 | March 31, 2022 |
| October 2021 | $70,432,456,339 | 165 | September 23, 2021 |
Regulatory assets under management: $70,432,456,339 in the October 2021 data and $76,410,239,323 in the October 2026 data, up 8%.
Total employees: 165 in October 2021 and 207 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 101 to 108.
- Regulatory assets under management went from $69,137,218,933 to $76,410,239,323 (+11%).
- Updated its list of owners and control persons (Schedule A).
- December 2025
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(2)).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. SLC Management (CRD 109684): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/slc-management-wellesley-hills-ma-109684