Sun Life Capital Management (U.S.) Llc
- Regulatory AUM
- $76.4B
- Discretionary
- $66.4B
- Clients
- 280
- Avg AUM / client
- $273M
- Accounts
- 690
- Employees
- 207
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Asset allocation (SMA assets by investment type)
as of Mar 31, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 2 | $4.8M | 0.01% |
| Investment companies | 5 | $2.5B | 3.32% |
| Pooled investment vehicles (non-investment companies) | 5 | $1.2B | 1.62% |
| Pension and profit sharing plans | 110 | $6.0B | 7.81% |
| Charitable organizations | 5 | $84.2M | 0.11% |
| State or municipal government entities | 16 | $4.8B | 6.29% |
| Other investment advisers | 3 | $3.5B | 4.54% |
| Insurance companies | 127 | $57.3B | 75.0% |
| Corporations and other businesses | 3 | $504M | 0.66% |
| Other | 4 | $475M | 0.62% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $811M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Slc Management U.S. Investment Grade Private Credit Fund, L.P. | Other Private Fund | Delaware | $421M | 8 |
| Slc Management U.S. Intermediate Investment Grade Private Credit Fund, L.P. | Other Private Fund | Delaware | $277M | 3 |
| Slc Management Multi Asset Credit Fund Lp | Other Private Fund | Cayman Islands | $96.6M | 2 |
| Series 2 Slc Management Core Fixed Income With Defensive Risk Premia | Hedge Fund | Delaware | $11.6M | 2 |
| Slc Management Multi Asset Credit Fund Us Lp | Other Private Fund | Delaware | $5.0M | 2 |
| Series 6 Slc Management Enhanced U.S. Equities With Defensive Risk Premia | Hedge Fund | Delaware | $0 | 0 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
People (10)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Brown, Randolph, Brill | Cio, Sun Life, Manager, Board Of Managers | Feb 2016 (11y) | Less than 5% | |
| Kallas, Colleen, Louise | Secretary | Nov 2017 (9y) | Less than 5% | |
| Van Den Hoogen, Marlene, Frances | Svp, Chief Financial Officer, Treasurer | May 2019 (7y) | Less than 5% | |
| Peacher, Stephen, C | President And Manager, Board Of Managers | Jan 2020 (7y) | Less than 5% | |
| Romain, Patrick, Richard | Manager, Board Of Managers | Jan 2020 (7y) | Less than 5% | |
| Deangelo, Amy, Elizabeth | Manager, Board Of Managers | Feb 2023 (4y) | Less than 5% | |
| Hanlon, Joseph, A (Mi Only) | Chief Compliance Officer | Apr 2023 (3y) | Less than 5% | |
| Shaw, Candace, Gail | Chief Operating Officer | May 2023 (3y) | Less than 5% | |
| Callon, Patricia | Chair And Manager, Board Of Managers | Jul 2023 (3y) | Less than 5% | |
| Eric Lawrence Hopkins | Registered representative | Jan 2025 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Sun Life Investment Management U.S., Inc. | Sole Member | Jan 2020 | A | 75% or more |
| Sun Life Financial Inc. | Sole Shareholder | Dec 2004 | B | ≈ 8.9% – 75% via Sun Life Global Investments Inc. |
| Sun Life Global Investments Inc. | Sole Shareholder | Dec 2004 | B | ≈ 11.87% – 75% via Sun Life 2007 1 Financing Corp. |
| Sun Life Assurance Company Of Canada U.S. Operations Holdings, Inc. | Sole Shareholder | Jan 2020 | B | ≈ 31.64% – 100% via Sun Life Financial (U.S.) Holdings, Inc. |
| Sun Life Financial (U.S.) Holdings, Inc. | Sole Shareholder | Jan 2020 | B | ≈ 42.19% – 100% via Sun Life Financial (U.S.) Investments Llc |
| Sun Life Financial (U.S.) Investments Llc | Sole Shareholder | Jan 2020 | B | ≈ 56.25% – 100% via Sun Life Investment Management U.S., Inc. |
| Sun Life 2007 1 Financing Corp. | Sole Shareholder | Nov 2016 | B | ≈ 15.82% – 75% via Sun Life Assurance Company Of Canada U.S. Operations Holdings, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Sun Life Financial Inc.: 75% – 100% of Sun Life Global Investments Inc. × 75% – 100% of Sun Life 2007 1 Financing Corp. × 50% – 75% of Sun Life Assurance Company Of Canada U.S. Operations Holdings, Inc. × 75% – 100% of Sun Life Financial (U.S.) Holdings, Inc. × 75% – 100% of Sun Life Financial (U.S.) Investments Llc × 75% – 100% of Sun Life Investment Management U.S., Inc. × 75% – 100% direct ≈ 8.9% – 75% of the firm
- Sun Life Global Investments Inc.: 75% – 100% of Sun Life 2007 1 Financing Corp. × 50% – 75% of Sun Life Assurance Company Of Canada U.S. Operations Holdings, Inc. × 75% – 100% of Sun Life Financial (U.S.) Holdings, Inc. × 75% – 100% of Sun Life Financial (U.S.) Investments Llc × 75% – 100% of Sun Life Investment Management U.S., Inc. × 75% – 100% direct ≈ 11.87% – 75% of the firm
- Sun Life Assurance Company Of Canada U.S. Operations Holdings, Inc.: 75% – 100% of Sun Life Financial (U.S.) Holdings, Inc. × 75% – 100% of Sun Life Financial (U.S.) Investments Llc × 75% – 100% of Sun Life Investment Management U.S., Inc. × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Sun Life Financial (U.S.) Holdings, Inc.: 75% – 100% of Sun Life Financial (U.S.) Investments Llc × 75% – 100% of Sun Life Investment Management U.S., Inc. × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Sun Life Financial (U.S.) Investments Llc: 75% – 100% of Sun Life Investment Management U.S., Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Sun Life 2007 1 Financing Corp.: 50% – 75% of Sun Life Assurance Company Of Canada U.S. Operations Holdings, Inc. × 75% – 100% of Sun Life Financial (U.S.) Holdings, Inc. × 75% – 100% of Sun Life Financial (U.S.) Investments Llc × 75% – 100% of Sun Life Investment Management U.S., Inc. × 75% – 100% direct ≈ 15.82% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (6, $811M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Slc Management U.S. Investment Grade Private Credit Fund, L.P. | Other Private Fund | $421M | $10.0M | 8 |
| Slc Management U.S. Intermediate Investment Grade Private Credit Fund, L.P. | Other Private Fund | $277M | $10.0M | 3 |
| Slc Management Multi Asset Credit Fund Lp | Other Private Fund | $96.6M | $10.0M | 2 |
| Series 2 Slc Management Core Fixed Income With Defensive Risk Premia | Hedge Fund | $11.6M | $25.0M | 2 |
| Slc Management Multi Asset Credit Fund Us Lp | Other Private Fund | $5.0M | $10.0M | 2 |
| Series 6 Slc Management Enhanced U.S. Equities With Defensive Risk Premia | Hedge Fund | $0 | $25.0M | 0 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (41)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Ohio Education Association Union Pension Plan | Ohio Education Association | 7 | $84.8M | 09/01/2024 |
| Teamsters Union No. 142 Pension Fund | Trustees Of Teamsters Union No. 142 Pension Fund | 2,035 | $639M | 07/01/2024 |
| Idaho Operating Engineers Employers Pension Plan | Idaho Operating Engineers Employers Pens | 625 | $152M | 07/01/2024 |
| American Lung Association Retirement Plan D | American Lung Association | 45 | $32.7M | 07/01/2024 |
| Painters And Allied Trades District Council No.35 Annuity Fund | Painters Annuity Council No. 35 Annuity Fund | 2,820 | $527M | 07/01/2024 |
| Painters And Allied Trades District Council No. 35 Pension Fund | Bd Of Trustees Pdc Pension Fund | 2,235 | $806M | 07/01/2024 |
| Northwest Ironworkers Retirement Plan | Northwest Ironworkers Retirement Plan Board Of Trustees | 3,183 | $854M | 07/01/2024 |
| Ironworkers District Council Of The Pacific Nw Field Ironworkers Annuity Trust Fund | Ironworkers District Council Of The Paci Field Ironworkers Annuity Tru | 7,218 | $594M | 07/01/2024 |
| Northwest Sheet Metal Workers Pension Plan | B Of T, Northwest Sheet Metal Workers Pension Plan | 4,885 | $1.7B | 05/01/2024 |
| American Optical Corporation Retirement Plan | Vista Capital Llc | 0 | $0 | 04/01/2024 |
| Sharp Electronics Corporation Pension Plan | Sharp Electronics Corporation | 110 | $49.8M | 04/01/2024 |
| Road Carriers Local 707 Pension Fund | Board Of Trustees Of The Road Carriers Local 707 Pension Fund | 133 | $664M | 02/01/2024 |
| The Gonnella Pension Plan | Gonnella Baking Company | 0 | $0 | 01/01/2024 |
| Fourth Edition Inc. Pension Plan | Fourth Edition Inc. | 2 | $32.3M | 01/01/2024 |
| Mclane Middleton Professional Association Pension Plan | Mclane Middleton Professional Association | 20 | $50.1M | 01/01/2024 |
| Annuity Fd Of The Iuoe Local Union 94, 94 A, 94 B Afl Cio | Bd Of Trustees Annuity Fund Of The Iuoe Lcl Union 94, 94 A, 94 B Afl Cio | 5,885 | $1.8B | 01/01/2024 |
| Local 138 Pension Trust Fund | Board Of Trustees Of Local 138 Pension Trust Fund | 152 | $111M | 01/01/2024 |
| Pension Plan For Employees Of St. Lukes Hospital Of Duluth | St. Lukes Hospital Of Duluth | 334 | $129M | 01/01/2024 |
| Pension Plan Of Wayne Memorial Hospital, Inc. | Wayne Memorial Hospital, Inc. | 203 | $127M | 01/01/2024 |
| Foster Wheeler Inc. Pension Plan For Certain Employees | Foster Wheeler, Inc. | 11 | $102M | 01/01/2024 |
| Foster Wheeler Inc. Salaried Employees Pension Plan | Foster Wheeler, Inc. | 8 | $61.5M | 01/01/2024 |
| American Water Heater Company Pension Plan For The Johnson City, Tennessee Manufacturing Bargaining Unit | A.O. Smith Corporation | 689 | $18.6M | 01/01/2024 |
| Municipal Employees Credit Union Of Baltimore Defined Benefit Plan | Municipal Employees Credit Union Of Baltimore | 156 | $49.0M | 01/01/2024 |
| The Knoll Pension Plan | Knoll, Inc. | 0 | $175K | 01/01/2024 |
| Galileo & Worldspan U.S. Legacy Pension Plan | Travelport, Lp | 137 | $290M | 01/01/2024 |
Top 25 of 41 plans by assets.
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 3.61 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE CHICAGO BOARD OF TRADE ("CBOT") ALLEGED VIOLATIONS BY SUN LIFE FINANCIAL INC. OF CBOT (LEGACY) RULE 432 AND RULE 534, RELATED TO TWO TRADES ON GLOBEX TOTALING 989 SEPTEMBER 2012 ULTRA TREASURY BOND FUTURES CONTRACTS. Status: Final Sanction Detail: A MONETARY FINE OF $50,000 USD WAS PAID TO THE CHICAGO BOARD OF TRADE ON 10/28/2014 BY SUN LIFE FINANCIAL INC. Summary: EFFECTIVE OCTOBER 27, 2014, SUN LIFE FINANCIAL INC. ("SLF"), THE ULTIMATE PARENT COMPANY OF SUN CAPITAL ADVISERS LLC, WITHOUT ADMITTING OR DENYING RULE VIOLATIONS, AGREED TO PAY A PENALTY OF $50,000 TO SETTLE A MATTER WITH THE CHICAGO BOARD OF TRADE ("CBOT") RELATED TO ALLEGED VIOLATIONS OF CBOT (LEGACY) RULE 432 (FAILURE TO DILIGENTLY SUPERVISE ITS EMPLOYEES AND AGENTS IN THE CONDUCT OF THEIR BUSINESS RELATED TO THE EXCHANGE) AND RULE 534 (PROHIBITION ON WASH TRADES). THIS MATTER INVOLVED TWO MATCHING TRADES ON GLOBEX TOTALING 989 SEPTEMBER 2012 ULTRA TREASURY BOND FUTURES CONTRACTS FOR INDEPENDENT BUSINESS REASONS ON BEHALF OF TWO DIFFERENT INSURANCE COMPANY SUBSIDIARIES OF SLF, FOR WHICH SLF, AS THE THEN ULTIMATE PARENT COMPANY OF BOTH WAS DEEMED TO MAINTAIN BENEFICIAL OWNERSHIP OF THE CONTRACTS ON BOTH SIDES OF THE TRADE. IN MITIGATION, FOLLOWING THIS OCCURRENCE, THE SLF SUBSIDIARIES IMPLEMENTED TRAINING PROGRAMS REGARDING THE RULES OF SUCH EXCHANGE.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Other fees
- • COST, COST PLUS PERCENTAGE
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Citibank $34.1B (45% of AUM) Mar 2026
- BNY Mellon $8.0B (11% of AUM) Mar 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗