Source: Boston Citybizlist

SLC: Sun Life Completes Majority Acquisition of Advisors Asset Management

Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced the completion of its acquisition of a 51%1 stake in Advisors Asset Management, Inc., a leading independent U.S. retail distribution firm. AAM will be part of SLC Management, Sun Life’s institutional fixed income and alternatives asset manager. AAM will become the U.S. retail distribution arm of SLC Management.

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Est. Annual Revenue

$5.0-25M

Est. Employees

500-1.0K

President

Stephen C. Peacher

CEO Approval Rating

86/100

SLC is a Canada-based asset management firm that offers services such as alternative credit strategies, public and private fixed income investment for investors.