AMG Appoints John Copeland to Lead New Wealth Management Business
“With an increasing number of high-net-worth clients seeking sophisticated investment solutions and advice, the wealth management industry is growing rapidly, and independent firms with institutionalized practices are best positioned to capitalize on this growth,” said
AMG’s established business model allows an Affiliate management team to retain significant equity in their firm, as well as maintain their culture, client service model and investment philosophy, all while gaining access to the resources of a global firm.
In addition to making investments in high-quality boutique firms,
“Wealth management is a relationship-driven business, in which the proper alignment of incentives and support for the wealth advisor is paramount. No company better understands this dynamic than AMG, which has a 17-year track record of nurturing investment boutiques through management succession, the use of retained equity and providing firms with operating autonomy,” said
About
AMG is a global asset management company with equity investments in leading boutique investment management firms. AMG’s innovative partnership approach allows each Affiliate’s management team to own significant equity in their firm while maintaining operational autonomy. AMG’s strategy is to generate growth through the internal growth of existing Affiliates, as well as through investments in new Affiliates. In addition, AMG provides centralized assistance to its Affiliates in strategic matters, marketing, distribution, product development and operations. As of
Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws.Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including changes in the securities or financial markets or in general economic conditions, the availability of equity and debt financing, competition for acquisitions of interests in investment management firms, the ability to close pending investments, the investment performance of our Affiliates and their ability to effectively market their investment strategies, and other risks detailed from time to time in AMG’s filings with the
AMG routinely posts information that may be significant for investors in the Investor Relations section of its website, and encourages investors to consult that section regularly.For additional information, please visit www.amg.com.
Investor Relations:
[email protected]
or
Media Relations:
Laura O’Brien, 617-747-3300
[email protected]
Source:
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News