# Sammons Financial Group

Sammons Financial Group is an Asset Manager based in West Des Moines, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** West Des Moines, United States
- **Region:** North America
- **Address:** West Des Moines, Iowa, United States
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** sammonsfinancialgroup.com
- **LinkedIn:** https://www.linkedin.com/company/sammons-financial-group

## Regulatory record

- **CRD number:** 321109
- **SEC file number:** 801-125868
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/321109

## About

Sammons Financial Group is an SEC-registered investment adviser in West Des Moines, IA, registered since 2022. The firm manages $122.0 billion in regulatory assets under its care. It employs 60 people, including 5 investment advisers.

## Sectors

- Insurance
- Wealth Management
- Asset Management

## Offices

- Sioux Falls, South Dakota
- Stamford, Connecticut
- New York, New York

## Questions

### What is the ownership structure of Sammons Financial Group?

Sammons Financial Group is a subsidiary of Sammons Enterprises, Inc., one of the largest privately held, employee-owned companies in the United States. The employee stock ownership plan (ESOP) structure means the firm's employees collectively hold a significant equity stake, aligning decision-making with long-term value creation rather than external shareholder demands.

### How does the firm's employee-ownership model influence its investment strategy?

Employee ownership removes the pressure to deliver quarterly earnings to public shareholders. This allows Sammons Financial Group to take a longer-duration view on capital allocation, whether designing insurance products, holding fixed-income portfolios to maturity, or acquiring wealth management platforms like Wealthcare Capital Management. The governance model is built around stewardship, not extraction.

### Does Sammons Financial Group disclose its assets under management or total capital deployed?

No. The firm does not publicly report a consolidated AUM or deployment figure. The insurance companies file statutory statements with state regulators, but the group does not aggregate or publish a single investment total. Without a disclosed number, the AUM band remains undetermined.

### How is the firm expanding its wealth management presence?

Sammons entered the RIA space through Sammons Wealth Management and has pursued an acquisition-led growth strategy. The definitive agreement to acquire Wealthcare Capital Management, an RIA with offices in Richmond and Philadelphia, adds a direct-to-consumer advisory platform. The firm also has ties to Beacon Capital Management, which acquired Astor Investment Management and its $1 billion in assets in 2024.

## Related profiles

- [Yale New Haven Health](https://altss.com/profile/yale-new-haven-health)
- [PLLC / IMAP](https://altss.com/profile/pllc-imap)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/sammons-financial-group

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology