Client Login
Contact

About AAM

Delivering Institutional Execution with Agility

At AAM, we view every client relationship as a true partnership. Our collaborative approach is grounded in a deep understanding of each client’s unique goals, enabling us to deliver tailored investment solutions with vision, speed, and agility. We combine the flexibility of a nimble firm with the capabilities and connections of a larger institution—leveraging long-standing relationships with issuers and intermediaries to execute effectively. With specialized expertise in insurance asset management, we are committed to being a trusted partner in helping our clients navigate markets and achieve lasting performance success.

Our History

Asset Allocation & Management Company, LLC (AAM) is a registered investment advisor† founded in 1982 to serve insurance companies. We bring expertise in insurance asset management and deep knowledge of the regulatory and competitive landscape, helping insurers meet their investment goals across asset classes.

Our Ownership

AAM Insurance Investment Management is privately owned by 27 AAM Member employees and Securian Financial, a mutual insurance holding company headquartered in St. Paul, MN. Securian, rated A+ by A.M. Best, brings strength and stability, with over $70 billion in AUM and over $1 trillion of life insurance in force‡.

Our Team

Our team’s insurance asset management experience is our core strength. AAM’s senior management averages 20 years of investment industry experience, and our portfolio management team averages 19 years of investment industry experience.*

Meet Our Team

Our Approach

AAM is purpose-built to serve the insurance industry, offering investment management that goes beyond portfolio construction. We form true partnerships, grounded in a deep understanding of your business and a commitment to your success. We partner with clients by listening, advising, collaborating, and tailoring strategies that can help optimize returns and grow surplus in an ever-changing environment.

Partnership

At AAM, we do more than manage portfolios—we serve as a strategic partner who truly understands your business. We listen first, then advise and collaborate to design investment solutions aligned with your unique goals, constraints, and regulatory environment. Our specialized focus on the insurance industry, combined with deep market access and a nimble platform, can allow us to optimize returns while supporting your surplus growth. With AAM, you gain a proactive partner committed to your long-term success.

We understand your business—because it’s our business too. With a singular focus on the insurance industry, we bring deep knowledge of your regulatory environment, balance sheet needs, and performance goals. This understanding forms the foundation of every partnership. We listen, advise, and collaborate to create investment strategies tailored to your objectives. Backed by strong market relationships and nimble execution, we help optimize returns and support surplus growth—so you can focus on what you do best.

At AAM, we listen first. Every client engagement begins with a deep understanding of your business, goals, and challenges. From there, we advise with purpose—offering insights grounded in decades of insurance investment experience—and collaborate closely to build tailored solutions. Our size gives us the agility to act quickly, while our relationships deliver institutional-quality execution. The result: a true partnership focused on growing surplus and optimizing long-term returns.

Our goal is simple: to optimize return and grow your surplus. We specialize in managing insurance company portfolios with a deep understanding of your regulatory, accounting, and risk constraints. Our team listens, advises, and collaborates to develop investment strategies tailored to your unique objectives. With institutional-level execution, agile decision-making, and a commitment to long-term partnership, AAM is focused on delivering performance that strengthens your balance sheet—and your business.

Client Relationship Summary

Beginning June 30, 2020, investment advisers (and broker-dealers) are required to provide retail investors with a disclosure form known as Form CRS. Form CRS is intended to be a simple, easy-to-read client relationship summary and discloses:

  • The types of client relationships and services the firm offers
  • The fees, costs, conflicts of interest and standard of conduct associated with those relationships and services
  • Whether the firm and its financial professionals currently have reportable legal or disciplinary history
  • How to obtain additional information about the firm

View Form CRS here. View Form ADV Part 2 here.

Please view AAM’s Privacy Policy here.

Giving Back

AAM encourages community involvement by providing employees with paid time off to volunteer either with the organizations listed or with philanthropic organizations of their own choosing. Volunteerism by AAM employees is encouraged and occurs throughout the year with periodic special drives to help fulfill the specific needs of our philanthropic partners.

United Way of Metro Chicago brings together businesses, government, nonprofits, and agency and community leaders to deliver funding, resources, and expertise to nonprofit organizations across greater Chicago. 

Catholic Charities of the Archdiocese of Chicago is the largest in a nationwide network of faith-based social service providers that form Catholic Charities. Together they form the largest private network of social service providers in the United States. More than 1,400 agencies, institutions, and organizations make up the Catholic Charities network, which provides services to nearly 10 million people in need each year regardless of religious, social, or economic backgrounds. The network also seeks to advocate for issues of importance to those in need. 

One of Chicago’s largest and longest-operating food pantries, Nourishing Hope’s mission is to eliminate hunger and poverty in our community by providing food to fill the basic need of hungry people; empowering clients to gain independence through innovative social service programs; and raising awareness of hunger and poverty and working towards solutions to eliminate them.

Open Books is a nonprofit that provides literacy experiences for tens of thousands of readers each year through inspiring programs and the sale of new and used donated books.  Through the organization’s Literacy Programs, students’ reading and writing skills are transformed through experienced educators who deliver innovative instruction, passionate volunteers who serve as positive role models and provide enthusiastic support, safe learning environments for practice, exploration, and social-emotional growth, and access to high-quality books and tailored curricula.  Through Book Grants, readers of all ages are provided with engaging, appropriate, and high-quality books and each week, thousands of books are delivered to schools and nonprofits across Chicagoland.

Serving approximately 1500 young men and producing 300 college-bound graduates each year, The Urban Prep Schools Program includes three public charter schools in the Bronzeville, Englewood, and Near West Side communities within the city of Chicago. Urban Prep’s schools are unique because of their positive school culture and rigorous college prep curriculum. Alumni have set the bar high for graduates to come, as 100% of them have been admitted to college including prestigious institutions like Cornell University, Penn, Georgetown, Howard, Morehouse College, Northwestern University, The University of Illinois, The University of Rochester, and The University of Virginia.

PAWS Chicago is the Chicago chapter of a national model in animal sheltering, committed to bringing an end to the killing of homeless cats and dogs.