SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Aam
Chicago, IL
Asset Allocation & Management Company, LLC, CRD 109875
Firm filing updated March 24, 2026 ·
- $27.5BAssets
- 123Clients
- 30Advisory staff
- 846Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Insurance companies120
- High net worth individuals2
- Corporations or other businesses1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 2 | $201.5 million |
| Insurance companies | 120 | $27.1 billion |
| Corporations or other businesses not listed above | 1 | $171.1 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$27.5 billion
- Accounts846
- Discretionary$26.7 billion · 813 accounts
- Non-discretionary$759.9 million · 33 accounts
People
- Employees49
- Advisory staff30
- Broker-dealer reps0
- Licensed insurance agents0
Registration details
- Legal name: Asset Allocation & Management Company, LLC SEC-registered investment advisor. CRD 109875, SEC file 801-60075.
- Registered with the SEC as an investment advisor (status date on record: March 1, 2001).
Is Aam a fiduciary?
Short answer: Aam is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.