DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Aam

Institutional managerChicago, IllinoisCRD 109875SEC 801-60075websiteIAPD
Legal name Asset Allocation & Management Company, LLC
Latest filing Mar 24, 2026
First filing on the tape Mar 21, 2012 · 32 filings
SEC status approved since Mar 1, 2001
RAUM
$27B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
0.7%
$201M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
49
30 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$27B as of Mar 24, 2026
Mar 21, 2012$16B then
HNW client RAUM$201M as of Mar 24, 2026
Mar 31, 2020$243M then
State-registered IARs (5.B.3)0 as of Mar 24, 2026
Mar 27, 20130 then
Employees (5.A)49 as of Mar 24, 2026
Mar 27, 201348 then
Private funds1 as of Mar 16, 2017
Mar 5, 20141 then
RAUM +14% over the last fiscal year+4.6% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 24, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$101MderivedHNW RAUM over HNW clients
Average account
$32.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
99%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Insurance companies$27B99%
  • High-net-worth individuals$201M0.7%
  • Corporations and businesses$171M0.6%
Individual clients
n/areported
HNW clients
2reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
846reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.01 fund_share=0.0 institutional_share=0.99 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Aam Quadrant Core Mortgage Fundno longer reportedOther Private Fund$00Oct 21, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • Allen Joseph Borgmann · Chief Financial Officercontrol
        since 03/2017 · owns less than 5%
      • Anthony Marco Bravo · Directorcontrol
        since 08/2023 · owns less than 5%
      • Byck Eric Goodman · Directorcontrol
        since 12/2014 · owns less than 5%
      • Louise Suzette Huovinen · Directorcontrol
        since 05/2023 · owns less than 5%
      • Lynn Chelsea Klassa · Chief Compliance Officercontrol
        since 12/2019 · owns less than 5%
      • Larkin John Schaefer · Chief Executive Officer, Managing Membercontrol
        since 04/2002 · owns less than 5%
      • J. Timothy Senechalle · Chief Investment Officercontrol
        since 05/2024 · owns less than 5%
      • John Warren Zaccaro · Directorcontrol
        since 03/2020 · owns less than 5%
      • Anthony Marco Bravo · Managing Membercontrol
        since 01/2010 · owns 75% or more of Bravo, Inc.
      • Larkin John Schaefer · Managing Membercontrol
        since 12/2007 · owns 75% or more of Schaefco, Inc.
      Entity owners
      • Bravo, Inc. · Member
        direct · owns 5% to 10%
      • Schaefco, Inc. · Member
        direct · owns 5% to 10%
      • Securian Aam Holdings, LLC · Sole Direct Owner
        direct · owns 50% to 75%
      • Minnesota Life Insurance Company · Shareholder
        indirect · owns 75% or more of Securian Aam Holdings, LLC
      • Minnesota Mutual Companies, Inc. · Shareholder
        indirect · owns 75% or more of Securian Holding Company
      • Securian Financial Group, Inc. · Shareholder
        indirect · owns 75% or more of Minnesota Life Insurance Company
      • Securian Holding Company · Shareholder
        indirect · owns 75% or more of Securian Financial Group, Inc.
      Related persons
      Schedule D 7.A
      Advisers that list Aam as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 811 to 846
        Mar 30, 2025 to Mar 24, 2026
      • Employees · 46 to 49
        Mar 30, 2025 to Mar 24, 2026
      • Discretionary RAUM · $24B to $27B
        Mar 30, 2025 to Mar 24, 2026
      • HNW RAUM · $202M to $201M
        Mar 30, 2025 to Mar 24, 2026
      • Non-discretionary RAUM · $188M to $760M
        Mar 30, 2025 to Mar 24, 2026
      • RAUM · $24B to $27B
        Mar 30, 2025 to Mar 24, 2026
      • Accounts · 769 to 811
        May 30, 2024 to Mar 30, 2025
      • Employees · 48 to 46
        May 30, 2024 to Mar 30, 2025
      • Financial planning clients · unset to
        May 30, 2024 to Mar 30, 2025
      • Other offices · 2 to 3
        May 30, 2024 to Mar 30, 2025
      • Discretionary RAUM · $23B to $24B
        May 30, 2024 to Mar 30, 2025
      • HNW RAUM · $213M to $202M
        May 30, 2024 to Mar 30, 2025
      • Non-discretionary RAUM · $12.0M to $188M
        May 30, 2024 to Mar 30, 2025
      • RAUM · $23B to $24B
        May 30, 2024 to Mar 30, 2025
      • Accounts · 753 to 769
        Mar 17, 2023 to Mar 26, 2024
      • Advisory employees · 28 to 30
        Mar 17, 2023 to Mar 26, 2024
      • HNW clients · 1 to 2
        Mar 17, 2023 to Mar 26, 2024
      • Employees · 46 to 48
        Mar 17, 2023 to Mar 26, 2024
      • Other offices · 0 to 2
        Mar 17, 2023 to Mar 26, 2024
      • Discretionary RAUM · $22B to $23B
        Mar 17, 2023 to Mar 26, 2024
      • HNW RAUM · $226M to $213M
        Mar 17, 2023 to Mar 26, 2024
      • Non-discretionary RAUM · $2.2B to $12.0M
        Mar 17, 2023 to Mar 26, 2024
      • RAUM · $24B to $23B
        Mar 17, 2023 to Mar 26, 2024
      • Accounts · 703 to 753
        Mar 22, 2022 to Mar 17, 2023
      • Advisory employees · 29 to 28
        Mar 22, 2022 to Mar 17, 2023
      • Employees · 49 to 46
        Mar 22, 2022 to Mar 17, 2023
      • Discretionary RAUM · $26B to $22B
        Mar 22, 2022 to Mar 17, 2023
      • HNW RAUM · $304M to $226M
        Mar 22, 2022 to Mar 17, 2023
      • Non-discretionary RAUM · $3.3B to $2.2B
        Mar 22, 2022 to Mar 17, 2023
      • RAUM · $29B to $24B
        Mar 22, 2022 to Mar 17, 2023
      • Accounts · 118 to 703
        Jun 24, 2021 to Mar 22, 2022
      • Corporate clients · unset to 1.0
        Jun 24, 2021 to Mar 22, 2022
      • Employees · 46 to 49
        Jun 24, 2021 to Mar 22, 2022
      • Discretionary RAUM · $26B to $26B
        Jun 24, 2021 to Mar 22, 2022
      • HNW RAUM · $304M to $304M
        Jun 24, 2021 to Mar 22, 2022
      • Non-discretionary RAUM · $1.5B to $3.3B
        Jun 24, 2021 to Mar 22, 2022
      • RAUM · $28B to $29B
        Jun 24, 2021 to Mar 22, 2022
      • Accounts · 117 to 118
        Sep 30, 2020 to Mar 30, 2021
      • Advisory employees · 28 to 29
        Sep 30, 2020 to Mar 30, 2021
      • Discretionary RAUM · $26B to $26B
        Sep 30, 2020 to Mar 30, 2021
      Signals
      12 dated events
      • J. Timothy Senechalle (Chief Investment Officer) appeared on Schedule A of Aam
        May 30, 2024 · Control person joined · fact
      • J Reed Nuttall (Chief Investment Officer) no longer on Schedule A of Aam (listed 2024-03-26, absent 2024-05-30)
        May 30, 2024 · Control person left · inference
      • Louise Suzette Huovinen (Director) appeared on Schedule A of Aam
        Mar 26, 2024 · Control person joined · fact
      • Dan Byrnes (Director) no longer on Schedule A of Aam (listed 2023-03-17, absent 2024-03-26)
        Mar 26, 2024 · Control person left · inference
      • Gordon Robert Diedrich (Director) no longer on Schedule A of Aam (listed 2023-03-17, absent 2024-03-26)
        Mar 26, 2024 · Control person left · inference
      • Subhash Siddharth Gandhi (Director) no longer on Schedule A of Aam (listed 2020-01-09, absent 2020-03-31)
        Mar 31, 2020 · Control person left · inference
      • J. Timothy Senechalle (Director) no longer on Schedule A of Aam (listed 2020-01-09, absent 2020-03-31)
        Mar 31, 2020 · Control person left · inference
      • Dan Byrnes (Director) appeared on Schedule A of Aam
        Mar 31, 2020 · Control person joined · fact
      • John Mark Steiger (Chief Compliance Officer) no longer on Schedule A of Aam (listed 2019-05-10, absent 2020-01-09)
        Jan 9, 2020 · Control person left · inference
      • Lynn Chelsea Klassa (Chief Compliance Officer) appeared on Schedule A of Aam
        Jan 9, 2020 · Control person joined · fact
      • Aam reported RAUM $24.7B, up 25% from $19.7B (2018-07-30 to 2019-03-22)
        Mar 22, 2019 · RAUM change · derived
      • Anthony Marco Bravo (Managin Member) appeared on Schedule A of Aam
        Mar 22, 2019 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/aam_2reportedpublic record, Form ADV, Sep 17, 2026
      Website
      aamcompany.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      312-263-2900reportedpublic record, Form ADV, Mar 24, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Institutional managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      Aam is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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