# SLC Management

> 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.

- CRD: 109684
- Filed as: SLC MANAGEMENT
- 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)
- Location: Wellesley Hills, MA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109684
- AdvisorCensus page: https://advisorcensus.com/firm/slc-management-wellesley-hills-ma-109684

## Quick answers

**How 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

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

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

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: $76,410,239,323
- Discretionary: $66,429,406,539
- Non-discretionary: $9,980,832,784

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 2 | $4,773,759 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 5 | $2,533,352,646 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $1,237,339,596 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 110 | $5,967,033,962 |
| Charitable organizations | 5 | $84,225,727 |
| State or municipal government entities (including government pension plans) | 16 | $4,804,967,646 |
| Other investment advisers | 3 | $3,471,248,204 |
| Insurance companies | 127 | $57,328,967,171 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 3 | $503,682,160 |
| Other | 4 | $474,648,452 |

### 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

### Firm details
- Registered since: 1991 (34 years)
- Employees: 207 total, 108 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, LA, MA, NY, WA
- 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
- Hartford, CT
- New York, NY
- Redmond, WA
- Toronto

### Websites listed on Form ADV (Item 1.I)
- slcmanagement.com
- LinkedIn @s-l-c-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $70,432,456,339 | 165 | September 23, 2021 |
| October 2022 | $73,950,884,851 | 173 | March 31, 2022 |
| October 2023 | $66,971,567,511 | 193 | August 3, 2023 |
| October 2024 | $69,470,041,414 | 220 | March 28, 2024 |
| October 2025 | $69,137,218,933 | 225 | April 30, 2025 |
| October 2026 | $76,410,239,323 | 207 | March 31, 2026 |

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.

## 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)).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. SLC Management (CRD 109684): Form ADV filing data as of October 2026.