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

Sammons Financial Group Asset Management, LLC

Institutional managerWest Des Moines, IowaCRD 321109SEC 801-125868IAPD
Latest filing Mar 31, 2026
First filing on the tape May 13, 2022 · 11 filings
SEC status approved since Jun 13, 2022
RAUM
$122B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
60
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$122B as of Mar 31, 2026
Mar 31, 2023$6.5B then
HNW client RAUM$0 as of Mar 31, 2026
Mar 31, 2023$0 then
State-registered IARs (5.B.3)4 as of Mar 31, 2026
Mar 31, 20232 then
Employees (5.A)60 as of Mar 31, 2026
Mar 31, 202315 then
Private funds: no history
RAUM +11% over the last fiscal year+166% a year over threeIARs 2 to 4offices 0 to 1
Practice profile
derived from the filing of Mar 31, 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
$31BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$14BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
99%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
15.0derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+100%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$120B, 9 clientsreportedItem 9.A
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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Insurance companies$121B99%
  • Corporations and businesses$1.4B1.2%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
9reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$120B for 9 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=0.99 related_bd=true related_bank=false bd_reps=7.0derived
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
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Lee Brett Agnew · General Counselcontrol
        since 01/2022 · owns less than 5%
      • Marlene Emily Damman · Chief Compliance Officercontrol
        since 01/2022 · owns less than 5%
      • David John Melvin · President And Chief Investment Officercontrol
        since 01/2022 · owns less than 5%
      Entity owners
      • Sammons Financial Group · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • employee count surgeChange between filings · filing Mar 31, 2026
        employees (Item 5.A) moved from 15.0 to 60.0 (+300.0%) between the annual amendments of 2025-04-28 and 2026-03-31; the peer median change was +2.0% (79 comparable advisers, 100.0th percentile of changes)
        peers: institutional managers, $20B and over (79) · 100% percentile
      How anomalies are measured
      What changed
      consecutive filings, newest first
      • Accounts · 8 to 9
        Oct 14, 2025 to Mar 31, 2026
      • Advisory employees · 6 to 5
        Oct 14, 2025 to Mar 31, 2026
      • BD registered reps · 1 to 7
        Oct 14, 2025 to Mar 31, 2026
      • Corporate clients · 6 to 7
        Oct 14, 2025 to Mar 31, 2026
      • Assets in custody · $109B to $120B
        Oct 14, 2025 to Mar 31, 2026
      • Employees · 15 to 60
        Oct 14, 2025 to Mar 31, 2026
      • Financial planning clients · 1-10 to
        Oct 14, 2025 to Mar 31, 2026
      • State-registered IARs · 0 to 4
        Oct 14, 2025 to Mar 31, 2026
      • Discretionary RAUM · $110B to $122B
        Oct 14, 2025 to Mar 31, 2026
      • RAUM · $110B to $122B
        Oct 14, 2025 to Mar 31, 2026
      • Advisory activities · 3 to 2
        Apr 28, 2025 to Oct 14, 2025
      • State-registered IARs · 2 to 0
        Apr 28, 2025 to Oct 14, 2025
      • Other offices · 0 to 1
        Apr 28, 2025 to Oct 14, 2025
      • Related bank · true to false
        Apr 28, 2025 to Oct 14, 2025
      • Assets in custody · $84B to $109B
        Jan 27, 2025 to Apr 28, 2025
      • Financial planning clients · 1-10 to 1-10
        Jan 27, 2025 to Apr 28, 2025
      • Discretionary RAUM · $11B to $110B
        Jan 27, 2025 to Apr 28, 2025
      • RAUM · $11B to $110B
        Jan 27, 2025 to Apr 28, 2025
      • Accounts · 7 to 8
        Mar 31, 2023 to Mar 28, 2024
      • Corporate clients · 2 to 6
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $6.5B to $11B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $6.5B to $11B
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $90B to $84B
        Aug 29, 2022 to Mar 31, 2023
      • Employees · 10 to 15
        Aug 29, 2022 to Mar 31, 2023
      • State-registered IARs · 0 to 2
        Aug 29, 2022 to Mar 31, 2023
      • Discretionary RAUM · $5.8B to $6.5B
        Aug 29, 2022 to Mar 31, 2023
      • RAUM · $5.8B to $6.5B
        Aug 29, 2022 to Mar 31, 2023
      • Accounts · unset to 7.0
        May 13, 2022 to Aug 29, 2022
      • Corporate clients · 0 to 2
        May 13, 2022 to Aug 29, 2022
      • Assets in custody · unset to 90000000000.0
        May 13, 2022 to Aug 29, 2022
      • Custody of client assets · false to true
        May 13, 2022 to Aug 29, 2022
      • Financial planning clients · 0 to 1-10
        May 13, 2022 to Aug 29, 2022
      • Discretionary RAUM · unset to 5763204273.0
        May 13, 2022 to Aug 29, 2022
      • Non-discretionary RAUM · unset to 0.0
        May 13, 2022 to Aug 29, 2022
      • RAUM · unset to 5763204273.0
        May 13, 2022 to Aug 29, 2022
      Signals
      3 dated events
      • Sammons Financial Group Asset Management, Llc reported RAUM $109.8B, up 866% from $11.4B (2025-01-27 to 2025-04-28)
        Apr 28, 2025 · RAUM change · derived
      • Sammons Financial Group Asset Management, Llc reported RAUM $11.4B, up 74% from $6.5B (2023-03-31 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • Sammons Financial Group Asset Management, Llc filed its initial SEC registration (Form ADV)
        May 13, 2022 · First SEC registration · 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
      Principal office phone
      515-221-4879reportedpublic record, Form ADV, Mar 31, 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