Cliff Corso Takes the Helm as New CEO of Advisors Asset Management

Advisors Asset Management Welcomes Cliff Corso as CEO

In a pivotal move for the financial services sector, Advisors Asset Management (AAM), a prominent investment solutions firm, has appointed Cliff Corso as its new President and Chief Executive Officer (CEO), effective May 9, 2025. This transition follows the retirement of Scott Colyer, who has dedicated 27 years to leading the company and transforming it into a leading player in the investment solutions market.

A New Chapter for AAM

As Cliff Corso takes the reins, he will also continue in his existing role as Chief Investment Officer (CIO), ensuring a seamless leadership approach during this change. Scott Colyer, who has been a driving force at AAM since 1998, will remain involved with the firm as a consultant for a year after his retirement, supporting a smooth transition while preserving his status as a shareholder and member of the Board of Directors.

Colyer has played an instrumental role in the firm's success, notably leading its expansion into innovative financial services and establishing AAM as a trusted provider to financial professionals. Under his leadership, AAM was able to cement a significant partnership with Sun Life Financial Inc., which provided the firm with added capital strength and an extensive suite of investment choices relevant in today’s rapidly evolving financial landscape.

Reflections on Leadership

In his statement, Colyer expressed pride in AAM’s accomplishments, stating, "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. Cliff is an exceptional leader supported by a highly accomplished leadership team. Under his guidance, AAM is well-positioned for continued growth and long-term success."

Corso’s leadership is expected to usher in a new era for AAM as he embraces the legacy left by Colyer while instilling innovative strategies for future success. “I am incredibly privileged to step into the role of CEO at such a pivotal time for our firm,” said Corso. His extensive experience and historical success in the financial sector—having previously held executive positions such as CEO and CIO of major investment firms—tell a story of a leader ready to guide AAM through the next phase of its evolution.

Strategic Vision for the Future

With the partnership with SLC Management, Corso aims to enhance AAM’s focus on private market investments, recognizing the burgeoning demand from wealth channels for alternative investment solutions. As the firm seeks to align with changing market needs, AAM is set to solidify its role as a key distribution partner. Cliff stated, "The firm is exceptionally well positioned for the future. I look forward to building on that momentum as we continue to grow, innovate, and create lasting value for financial professionals."

Corso, who notably founded Cutwater Asset Management and led it to substantial growth, brings a wealth of expertise and a track record of strategic innovation. This background will be crucial as AAM advances its strategic plan, positioning itself not only to meet current market demands but to anticipate future trends in investment solutions.

AAM has continuously been a trusted resource for over 45 years, providing financial professionals access to a wide array of products including alternatives, ETFs, and managed accounts. The leadership transition marks a significant milestone for the firm, woven into the ongoing narrative of adaptation and foresight in the financial services industry.

About Advisors Asset Management

Advisors Asset Management has long been recognized for its commitment to serving the financial community. As part of SLC Management, AAM is increasingly dedicated to creating innovative solutions that address the needs of financial professionals today while remaining steadfast in its service excellence. The firm’s dedication to quality and strategic vision demonstrates its readiness for the challenges and opportunities ahead in the investment landscape.

For further information about AAM and its services, please visit www.aamlive.com.