Advisors Asset Management Names Cliff Corso Chief Executive Officer
- Editor
- 5 days ago
- 1 min read
Whats Happening:
Advisors Asset Management (AAM) is undergoing a significant leadership change. Cliff Corso, currently President and Chief Investment Officer, will become President and CEO effective May 9, 2025. He succeeds Scott Colyer, who is retiring after 27 years of service but will remain as a consultant for 12 months and continue on the Board of Directors.
Key Moves:
Cliff Corso to become President and CEO of AAM on May 9, 2025
Scott Colyer retiring after 27 years as CEO
Colyer to remain as consultant and Board member for 12 months
By The Numbers:
AAM facilitated over $32 billion in combined sales and investments in 2024
15,300 financial professionals accessed AAM's investment solutions platform
Approximately $25 billion was in Fixed Income securities
Key Quotes:
"It has been an honor to help build and lead AAM for over 27 years, and as I step into retirement, I do so with immense pride in what the firm has achieved," said Colyer.
"I am incredibly privileged to step into the role of CEO of AAM at such a pivotal time for our firm. I have deep respect for the remarkable legacy built by Scott," said Corso.
Bottom Line:
AAM's leadership transition marks a new chapter for the firm, with Cliff Corso taking the helm as CEO. The change comes at a time when AAM is expanding its role in private markets investments and positioning itself to meet growing demand from wealth channels for these solutions. This transition is expected to build on AAM's strong legacy while embracing a forward-looking vision for continued growth and innovation.
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