Transamerica Asset Management expands partnership with Great Lakes Advisors

Transamerica Asset Management, Inc. (TAM) has expanded its relationship with Great Lakes Advisors, LLC (GLA) through a new solicitation agreement, bringing GLA’s established Large Cap Value strategy to TAM’s advisor network via unified managed accounts (UMAs) and separately managed accounts (SMAs).

This move underscores TAM’s commitment to offering advisors a diverse array of investment solutions. The partnership is expected to generate growth for both firms. GLA will now have broader access to intermediary channels, while advisors and their clients will benefit from enhanced managed account offerings through TAM.

"TAM’s vision is to connect the right solutions to our clients' needs, and this partnership with GLA reflects that commitment," said Marijn Smit, CEO of Transamerica Asset Management. "Large cap value remains an important component of a diversified equity portfolio, and by offering advisors multiple ways to access this strategy, we are making it easier for them to implement investment solutions that meet the evolving needs of their clients."

The new strategy is available through several prominent firms and platforms, including LPL Financial, Charles Schwab, Morgan Stanley, and Envestnet, among others.

Tom Kiley, CEO of Great Lakes Advisors, a subsidiary of Wintrust Financial Corporation, expressed enthusiasm about the partnership: "In an environment where equity allocations have grown increasingly concentrated, we believe disciplined large cap value exposure is an essential diversifier for advisors and their clients. Partnering with a firm like TAM allows us to deliver that discipline to a broader range of investors, and we are excited to continue deepening our relationship."

Founded in 1981, Great Lakes Advisors is headquartered in Chicago, Illinois, with offices in Tampa, FL, and Stamford, CT. The firm offers a wide range of fixed income and equity strategies across all market capitalizations and has deep portfolio management capabilities in ESG, Socially Responsible, Tax Managed, and Customized account solutions. Clients include public funds, multi-employer plans, corporations, religious communities, endowments/foundations, health care plans, and private wealth management clients.

Transamerica Asset Management, Inc., an SEC-registered investment adviser, provides services to help individuals and institutions pursue their long-term financial goals. With a focus on disciplined investing, strong governance, and thoughtful risk management, TAM partners with asset managers to navigate evolving market environments with confidence. TAM is an indirect wholly owned subsidiary of Aegon Ltd., an international life insurance, pension, and asset management company.

Investments are subject to market risk, including loss of principal. Transamerica companies and Great Lakes Advisors, LLC are not affiliated companies.