Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0.00659327721198566 0.00874197916053444
Stock impact report

AMG to Invest in Wealth Management Venture

Affiliated Managers Group, Inc. (AMG) 
Last affiliated managers group, inc. earnings: 4/27 07:03 am Check Earnings Report
US:NYSE Investor Relations: ir.amg.com
Company Research Source: GlobeNewswire
WEST PALM BEACH, Fla., July 10, 2017 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE:AMG), a global asset management company, announced that it has acquired a minority equity interest in Wealth Partners Capital Group, LLC (“WPCG”), a new venture which will invest, through partner firms, in smaller wealth management firms in need of operational infrastructure, with a ‘hub-and-spoke’ investment model giving the firms access to centralized support. As part of the investment in WPCG, AMG contributed its minority interest in Forbes Family Trust (“FFT”) to WPCG, effective June 30, 2017. John Copeland, most recently President of AMG Wealth Partners, has stepped down to launch WPCG. With its existing wealth management Affiliates along with its investment in WPCG, AMG will continue to execute its strategy of selectively investing in leading large-scale independent wealth management firms seeking succession planning solutions. Managing approximately $40 billion in aggregate, AMG’s Show less Read more
Impact Snapshot
Event Time:
AMG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AMG alerts
Opt-in for
AMG alerts

from News Quantified
Opt-in for
AMG alerts

from News Quantified