RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Articles tagged "AMG Wealth Partners"


Headline

Publish date


Jay Horgen: That was one of those exceptions, but I do think it’s an exception.

Affiliated Managers Group, with an estimated $49 billion of RIA AUM, will buy RIAs again but typically a 20% to 50% stake to sidestep PE-backed buyers that have 'driven up prices'

The West Palm Beach, Fla., rollup boasts of a 'wealth' pipeline and says Veritable sale, with EBITDA of $17 million last year, was a rare deal but will boost revenues 2% plus.

August 1, 2023 at 1:39 AM

Jay C. Horgen, CEO of AMG: We supported this successful outcome for all stakeholders.

AMG unloads $17B Veritable after 11 years of metric stagnancy, which may explain the bargain price Pathstone is paying -- and the wholesale rollovers of principals

The $668-billion asset manager rollup in West Palm Beach, Fla. is dumping a remnant of its RIA rollup -- with cash proceeds of just $294 million

July 20, 2023 at 3:49 AM

John Copeland's strategy is to take a backseat to RIA principals by letting them own a majority of their firms.

A year after John Copeland came to AMG with blue-ocean RIA growth plan, the publicly owned asset management giant spins him into new venture

Instead of sitting out frothy M&A market for $4-billion-plus RIAs as AMG exec, the now former president of the RIA unit is hustling, with more diverse backers, to crack the chronically stagnant M&A market for small firms

July 12, 2017 at 6:11 PM

John Copeland: We hope to bring a permanence to these boutique firms.

AMG's deal for $7-billion myCIO will give it $32 billion of AUM and its 12-billionth dollar of acquired assets in 2015

The RIA founded in 2005 made out of spare parts of E&Y and PWC needed a blue chip succession plan from the Beverly, Mass. asset management roll-up

July 20, 2015 at 10:01 PM

Robert Clarfeld: It's a minority investment with revenues-sharing and they have no control over expenses.

AMG delves deeper into the RIA business with second deal -- of $4-billion player in NY

Its purchase of a stake in Clarfeld Financial Advisors, Barron's No. 3, shows the Veritable deal was, indeed, a warm up

August 20, 2013 at 3:18 AM

— There are no additional results —

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

Add Your Listing

RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings


Common Tags


Recent Articles


Popular Writers


RIABiz logo

RIABiz

About Us

Directory

Archives

Connect

RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.