Advisors Asset Management Welcomes Seda Kaya
Advisors Asset Management (AAM), a prominent name in investment solutions, is delighted to announce that Seda Kaya has joined the team as the Head of Alternative Investment Solutions. In this role, she will report directly to Cliff Corso, AAM’s President and CIO, and will concentrate on enhancing AAM's alternative investment offerings.
Background of Seda Kaya
Seda Kaya comes to AAM with an impressive background, having spent over twenty years in the financial services industry, especially focusing on alternative investments. Previously, she dedicated thirteen years to Bank of America Merrill Lynch Wealth Management, where she served as Managing Director and Head of Strategic Initiatives in the Investment Solutions Group. Her career also includes significant positions at well-regarded firms such as UBS Wealth Management and Akbank.
Seda Kaya's Vision for AAM
In sharing her enthusiasm about joining AAM, Kaya expressed, "I am thrilled to be part of AAM, a respected institution known for its commitment to providing income-oriented investment solutions designed for financial advisors. My goal is to improve the effectiveness of our alternatives, enabling financial professionals to better meet their clients' investment goals. I truly believe that alternative investments can significantly enhance portfolio outcomes."
AAM's Expanding Alternatives Offering
The onboarding of Seda Kaya supports AAM’s strategic goal of expanding its product offerings, particularly in the alternative investment space. AAM proudly collaborates with SLC Management to handle a variety of alternative products. The combined assets managed by SLC Management and its affiliates—including Crescent Capital Group, BGO, and InfraRed Capital Partners—exceed $276 billion. This partnership allows AAM to provide well-crafted, customized investment solutions that respond to the evolving needs of advisors.
Advocacy for Diversification through Alternative Investments
Cliff Corso, the President and CIO of AAM, shared his insights on the growing interest in alternative investments. He noted, "The demand for alternative investment solutions is on the rise among financial professionals due to their ability to improve portfolio efficiency through diversification, alternative income sources, and alpha generation. Seda's 22 years of experience positions her as a critical leader in our pursuit to enhance and expand our alternative product line."
AAM's Commitment to Financial Professionals
For the past 45 years, Advisors Asset Management has established itself as a reliable partner for financial advisors, providing access to a wide range of investment strategies including alternatives, fixed income, and equities. Their solutions feature exchange-traded funds, managed accounts, mutual funds, and more sophisticated investment options. AAM is also a proud participant of SLC Management, the institutional investment branch of Sun Life, which strives to innovate in asset management every day.
Performance and Impact of AAM
In 2023, AAM achieved remarkable success, facilitating more than $36 billion in combined sales and investments through their extensive network of 16,700 financial professionals. This impressive outcome highlights AAM’s robust platform, which addresses the complex needs of the investment industry. Of this total, around $9 billion came from Exchange-Traded Funds (ETFs), Managed Accounts (SMAs), Mutual Funds, and Unit Investment Trusts (UITs), with an additional $27 billion directed towards Fixed Income securities.
Conclusion and Future Outlook
As AAM continues to grow its influence in the financial services sector, Seda Kaya’s arrival is expected to energize their mission of providing high-quality alternative investments that assist financial professionals in achieving outstanding outcomes for their clients. With a focus on innovation and strategic growth, AAM is well-prepared to tackle the challenges of today’s investment landscape while laying a strong foundation for the future.
Frequently Asked Questions
1. Who has been appointed as the Head of Alternative Investment Solutions at AAM?
Seda Kaya has been appointed as the Head of Alternative Investment Solutions at Advisors Asset Management.
2. What is Seda Kaya's experience prior to joining AAM?
Seda Kaya has over 22 years of experience in the financial industry, including roles at Bank of America Merrill Lynch and UBS Wealth Management.
3. What is AAM's focus regarding investment solutions?
AAM focuses on providing diverse investment solutions, including alternatives, fixed income, equities, and structured products, to financial professionals.
4. How much assets does SLC Management manage?
SLC Management and its affiliated companies manage over $276 billion in assets under management.
5. What total sales and investments did AAM facilitate in 2023?
In 2023, AAM facilitated over $36 billion in combined sales and investments through its network of financial professionals.
