Securian Financial Group Finalized Purchase of Majority Interest in AAM

On December 31, 2014, Securian Financial Group successfully completed the purchase of a majority interest in Asset Allocation and Management Company (AAM) from a private equity fund.  AAM’s Principal Members retained their ownership interests in the firm. Founded in 1982, AAM is solely dedicated to meeting the investment needs of insurance companies and manages $16.5 billion in insurance company assets for over 100 clients from its headquarters in Chicago, IL.  AAM will retain its brand, operate independently and be governed by its own board of directors.

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