Advisors Asset Management, Inc.

Registered investment adviser · Monument, CO · CRD #46727

Form ADV data as of 2026-09-01

Regulatory assets

$2.21 billion

Total accounts

1,505

Employees

255

Disclosure events

Firm details

Website: http://www.aamlive.com
Telephone: 719-488-9956
SEC file number: 801-62731
Most recent Form ADV filing: 2026-08-13
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 5 disclosure questions answered Yes, covering 5 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

SEC or CFTC found a false statement or omission
SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Another regulator entered an order in connection with investment-related activity (past 10 years)
A self-regulatory organization found a violation of its rules

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$2.21 billion
Non-discretionary regulatory assets under management	$1.3 million
Total regulatory assets under management	$2.21 billion
Discretionary accounts	1,460
Non-discretionary accounts	45
Total accounts	1,505
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	255
Employees performing investment advisory functions (including research)	42
Employees who are registered representatives of a broker-dealer	198
Employees registered as investment adviser representatives with a state	137
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	3

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	3

How the firm is compensated

A percentage of assets under management

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for businesses or institutional clientsOther

Other business activities

Broker-dealer (registered or unregistered)

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Commodity pool operator or commodity trading advisorSponsor or syndicator of limited partnershipsSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends brokers or dealers to clients
Brokers or dealers recommended under 8.E. are related persons
Compensates a non-employee for client referrals
Provides employee compensation specifically for obtaining clients
Receives compensation from others for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	1,314	$386.2 million
High net worth individuals	125	$314.2 million
Investment companies	11	$1.40 billion
Pooled investment vehicles (other than investment companies and BDCs)	1	$44.6 million
Pension and profit sharing plans (not the participants or government plans)	6	$4.1 million
Charitable organizations	3	$2.1 million
Corporations or other businesses not listed above	45	$58.5 million