AIM’s Private Account Group Lands Distribution

AIM Private Asset Management, the managed account subsidiary of AIM Management Group, has won distribution for all eight of its portfolios through Wells Fargo, the company announced today.

Wells Fargo has agreed to offer APAM’s investment styles through WellsSelect, the brokerage’s separately managed accounts and funds distribution platform.

Currently, APAM has approximately $342 million in assets under management, according to David Bachert, a company spokesman.

Since launching in 2000, APAM has won distribution for its privately managed accounts through Merrill Lynch, London Pacific Advisors, Brinker Capital, Lockwood Financial and Pain Webber.

For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING