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Affiliated Managers Group Inc.
Type
Public
Traded as NYSE: AMG
S&P 500 Component
Industry Financial services
Headquarters Beverly, Massachusetts, U.S.
Area served
Worldwide
Key people
Sean M. Healey (CEO)
Nathaniel Dalton (President and COO)
Jay C. Horgen (CFO)
John Kingston, III (Vice Chairman)
David M. Billings (General Counsel)
Andrew Dyson (Executive Vice President and Head of Global Distribution)
Products Financial investments
Revenue Increase US$ 2.511 billion (2014)
Operating income
Increase US$ 815.2 million (2014)
Net income
US$ 785.6 million (2014)
Total assets US$ 7.698 billion (2014)
Total equity US$ 3.643 billion (2014)
Number of employees
2,900 (2014)
Website AMG.com

Affiliated Managers Group Inc. is an American international investment management company headquartered in Massachusetts that owns stakes in a number of boutique asset management, hedge fund, and specialized private equity firms.

Founded in December 1993 by William J. Nutt as a privately owned company, its initial public offering on the New York Stock Exchange occurred in November 1997. Since 1997, AMG has grown to approximately $625 billion in assets under management with stakes in 29 money management firms including some of the best-known alternative investment financial management shops.,

When purchasing companies, AMG seldom buys 100% of a business. They typically allow the employees of the purchased company to retain a quarter to a half of the company, in an attempt to provide them with an incentive to maximize profit. On rare occasions, they will only purchase a minority share in a company. AMG purchased a 5 percent share in Value Partners Group Ltd. in 2009. The company, a Chinese asset manager, was AMG's first investment in China.

A substantial majority of Aston Asset Management, LP, was acquired by AMG on April 15, 2010.

In the 1990s, AMG focused on purchasing midsize money management companies. In a shift of strategy in 1997, they purchased the large mutual fund company Tweedy, Browne for $300 million. In 2010, AMG purchased Pantheon Ventures. Pantheon, a British private equity company, was AMG's largest acquisition since 1993. The company sold for $775 million. That year, AMG also purchased Artemis Investment Management LLP for $400 million.

Sean M. Healey was appointed chairman in October 2010, served as president and CEO since May 2001 and in other senior management positions since 1995. Healey received compensation of $14.9 million in 2011 and has an estimated net worth in excess of $100 million. Prior to joining AMG Healey was a vice president in the Mergers and Acquisitions Department at Goldman, Sachs & Co. and is a graduate of Harvard Law School (1987) and Harvard University (1983). Healey, the husband of former Massachusetts Lieutenant Governor Kerry Healey, is an advisory board member for the Harvard Law School Center on Lawyers and the Legal Profession, and serves as co-chair of the Peabody Essex Museum with AMG board member Samuel T. Byrne.

Nathaniel Dalton was named president and chief operating officer of AMG in January 2011 after serving as general counsel from 1996 to 2002 and then executive vice president responsible for affiliate development from 2002 through 2010. Prior to joining AMG Dalton was an attorney with the Goodwin Procter law firm where he represented AMG at its formation. Dalton received a J.D. from Boston University School of Law and a B.A. from the University of Pennsylvania. Dalton is the president and founder of the Guard Support of Massachusetts, a non-profit service organization supporting the families of National Guard troops.

As of 2017 Affiliated Managers Group shares are mainly held by institutional holdings (The Vanguard Group, BlackRock, State Street Corporation and others)

News

Affiliated Managers Group, Inc. -1.03% (financial)

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2020 2021-02-01 Future report Set alerts
Q3 2020 2020-10-26 Future report Set alerts
Q2 2020 2020-07-27 2.74 0.65
Q1 2020 2020-04-27 3.16 -0.33
Q4 2019 2020-02-03 4.52 0.46
Q3 2019 2019-10-28 3.16 1.71
Q2 2019 2019-07-29 3.33 2.11
Q1 2019 2019-05-06 3.26 -3.87
Q4 2018 2019-02-04 3.53 -2.88
Q3 2018 2018-10-29 3.45 2.34

Ratings

2016-07-11 Lower Price Target Jefferies Group Buy $197.00 to $195.00
2016-07-10 Reiterated Rating Deutsche Bank AG Buy
2016-06-26 Reiterated Rating Deutsche Bank Buy
2016-06-26 Reiterated Rating Deutsche Bank AG Buy
2016-06-16 Lower Price Target Deutsche Bank Buy $210.00 to $207.00
2016-06-08 Reiterated Rating Credit Suisse Buy $238.00
2016-06-08 Reiterated Rating Credit Suisse Group AG Buy $238.00
2016-06-05 Reiterated Rating Deutsche Bank Buy $203.00
2016-05-13 Downgrade Sidoti Buy to Neutral $46.00
2016-05-09 Upgrade ABN Amro Hold to Buy
2016-04-25 Upgrade Citigroup Inc. Neutral to Buy $170.00 to $215.00
2016-04-18 Reiterated Rating Deutsche Bank Buy
2016-04-14 Boost Price Target Citigroup Inc. Neutral $140.00 to $170.00
2016-04-12 Boost Price Target Sandler O'Neill $163.00 to $199.00
2016-04-12 Boost Price Target Jefferies Group $197.00
2016-03-21 Upgrade Goldman Sachs Buy to Conviction-Buy $175.00 to $190.00
2016-03-21 Upgrade Goldman Sachs Group Inc. Buy to Conviction-Buy $175.00 to $190.00
2016-03-18 Boost Price Target Deutsche Bank Buy $185.00 to $190.00
2016-03-12 Boost Price Target Deutsche Bank Buy $185.00 to $190.00
2016-02-09 Reiterated Rating Jefferies Buy $160.00
2016-02-09 Lower Price Target Deutsche Bank Buy $187.00 to $178.00
2016-02-09 Reiterated Rating Jefferies Group Buy $160.00
2016-02-08 Lower Price Target Jefferies Group Buy $160.00
2016-02-03 Reiterated Rating Deutsche Bank Buy
2016-02-03 Reiterated Rating Barrington Research Buy $200.00 to $165.00
2016-01-26 Lower Price Target Deutsche Bank Buy $188.00 to $187.00
2016-01-19 Lower Price Target Deutsche Bank Buy $206.00 to $188.00
2016-01-11 Lower Price Target Keefe, Bruyette & Woods Outperform $225.00 to $205.00
2016-01-08 Lower Price Target Deutsche Bank Buy $212.00 to $206.00
2015-12-16 Lower Price Target Credit Suisse Buy $245.00 to $212.00
2015-12-16 Lower Price Target Deutsche Bank Buy $245.00 to $212.00
2015-12-15 Downgrade Citigroup Inc. Buy to Neutral
2015-12-06 Reiterated Rating Deutsche Bank Buy
2015-11-10 Reiterated Rating William Blair Buy
2015-11-10 Boost Price Target Keefe, Bruyette & Woods $215.00 to $225.00
2015-11-10 Boost Price Target Deutsche Bank Buy $245.00
2015-10-21 Reiterated Rating William Blair Outperform
2015-10-12 Reiterated Rating Deutsche Bank Buy $241.00
2015-10-08 Lower Price Target Credit Suisse $253.00
2015-10-07 Reiterated Rating Jefferies Group Buy $250.00 to $232.00
2015-09-27 Reiterated Rating Deutsche Bank Buy
2015-09-18 Reiterated Rating Deutsche Bank Buy $248.00 to $246.00
2015-09-09 Lower Price Target Deutsche Bank Buy $256.00 to $248.00
2015-09-03 Lower Price Target Keefe, Bruyette & Woods Outperform $250.00 to $229.00
2015-08-17 Reiterated Rating Deutsche Bank Buy $256.00
2015-08-09 Reiterated Rating Standpoint Research Hold $256.00
2015-07-15 Lower Price Target Citigroup Inc. Buy $270.00 to $265.00
2015-07-02 Lower Price Target Deutsche Bank Buy $257.00 to $256.00
2015-06-30 Boost Price Target Jefferies Group Buy $248.00 to $254.00
2015-06-08 Initiated Coverage Goldman Sachs Buy $258.00
2015-05-08 Set Price Target Deutsche Bank Buy $255.00 to $257.00
2015-04-13 Set Price Target Deutsche Bank Buy $248.00 to $252.00
2015-04-02 Reiterated Rating Deutsche Bank Buy $251.00 to $248.00
2015-03-19 Reiterated Rating Deutsche Bank Buy $251.00
2015-03-05 Boost Price Target Keefe, Bruyette & Woods Outperform $237.00 to $261.00
2015-02-05 Boost Price Target Jefferies Group Buy $235.00 to $240.00
2015-01-28 Reiterated Rating William Blair Outperform
2015-01-28 Boost Price Target Jefferies Group Buy $230.00 to $235.00
2015-01-28 Boost Price Target Keefe, Bruyette & Woods Outperform $236.00 to $237.00
2015-01-09 Boost Price Target Citigroup Inc. Buy $240.00 to $250.00
2015-01-08 Boost Price Target Keefe, Bruyette & Woods Outperform $228.00 to $236.00
2014-12-12 Reiterated Rating Deutsche Bank Buy $234.00 to $240.00
2014-12-09 Reiterated Rating Keefe, Bruyette & Woods Hold $224.00 to $228.00
2014-11-04 Reiterated Rating Jefferies Group Buy $240.00 to $230.00
2014-11-04 Reiterated Rating Citigroup Inc. Buy $245.00 to $230.00
2014-11-04 Reiterated Rating Keefe, Bruyette & Woods Outperform $231.00 to $224.00
2014-10-14 Reiterated Rating Deutsche Bank Buy $241.00 to $232.00
2014-10-14 Reiterated Rating Bank of America Buy $240.00 to $230.00
2014-10-14 Reiterated Rating Bank of America Corp. Buy $240.00 to $230.00
2014-10-08 Reiterated Rating Citigroup Inc. Buy $250.00 to $245.00
2014-10-08 Reiterated Rating Keefe, Bruyette & Woods Outperform $238.00 to $231.00
2014-09-16 Boost Price Target Citigroup Inc. Buy $240.00 to $250.00
2014-09-11 Reiterated Rating Deutsche Bank Buy $235.00 to $241.00
2014-08-26 Upgrade Credit Suisse Focus List
2014-08-20 Lower Price Target Credit Suisse $262.00 to $260.00
2014-07-31 Boost Price Target Keefe, Bruyette & Woods $235.00 to $238.00
2014-07-14 Reiterated Rating Keefe, Bruyette & Woods Outperform $232.00 to $235.00
2014-07-14 Reiterated Rating Deutsche Bank Buy $227.00 to $235.00
2014-05-15 Initiated Coverage Deutsche Bank Buy $227.00
2014-04-30 Reiterated Rating Citigroup Inc. Buy $240.00
2014-04-30 Boost Price Target Keefe, Bruyette & Woods Outperform $225.00 to $232.00
2014-04-30 Boost Price Target Credit Suisse Outperform $242.00 to $252.00
2014-04-28 Upgrade Ned Davis Research Neutral to Buy
2014-04-01 Boost Price Target Credit Suisse $222.00 to $242.00
2014-03-31 Upgrade Citigroup Inc. Neutral to Buy
2014-03-31 Boost Price Target Keefe, Bruyette & Woods Outperform $223.00 to $225.00
2014-03-19 Lower Price Target Credit Suisse $231.00 to $222.00
2014-01-10 Boost Price Target Keefe, Bruyette & Woods $214.00 to $230.00
2013-11-14 Downgrade Goldman Sachs Buy to Neutral $212.00
2013-11-10 Reiterated Rating Jefferies Group Buy $214.00
2013-11-06 Boost Price Target Keefe, Bruyette & Woods Outperform $202.00 to $214.00
2013-11-06 Boost Price Target Credit Suisse Outperform $210.00 to $215.00
2013-10-09 Boost Price Target Keefe, Bruyette & Woods Buy $195.00 to $202.00
2013-09-23 Reiterated Rating Jefferies Group Buy $190.00 to $214.00
2009-08-26 Upgrade Credit Suisse Neutral to Outperform $64 to $69
2009-06-15 Upgrade Keefe Bruyette Mkt Perform to Outperform $61 to $72
2009-04-30 Reiterated Barrington Research Outperform $55 to $65
2009-01-29 Reiterated Jefferies & Co Buy $52 to $50
2009-01-08 Reiterated Jefferies & Co Buy $52 to $65
2008-11-25 Reiterated Credit Suisse Outperform $52 to $35
2008-10-09 Reiterated Jefferies & Co Buy $110 to $90
2008-06-24 Downgrade Wachovia Outperform to Mkt Perform
2008-06-16 Reiterated Jefferies & Co Buy $107 to $115
2016-07-11 Lower Price Target Jefferies Group Buy $197.00 to $195.00
2016-07-10 Reiterated Rating Deutsche Bank AG Buy
2016-06-26 Reiterated Rating Deutsche Bank Buy
2016-06-26 Reiterated Rating Deutsche Bank AG Buy
2016-06-16 Lower Price Target Deutsche Bank Buy $210.00 to $207.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
DALTON NATHANIEL President and COO 0.41%  (228719) AMG /
NUTT WILLIAM J 0.24%  (131478) AMG /
HEALEY SEAN M CEO and Chairman 0.21%  (117777) AMG /
Horgen Jay C. CFO and Treasurer 0.18%  (99039) AMG /
Zeitlin Jide James 0.11%  (62212) AMG / COH /
MacEwen Peter W Chief Administrative Officer 0.05%  (26135) AMG /
Dyson Andrew EVP(AMG Ltd.), Global Distrib. 0.03%  (18131) AMG /
KINGSTON JOHN III Vice Chairman & Gen. Counsel 0.03%  (15325) AMG /
RODRIGUEZ RITA M 0.03%  (14652) AMG / PVH /
Billings David M. EVP, General Counsel & Sec. 0.02%  (10930) AMG /
Ryan Patrick T 0.02%  (10342) AMG / ARA /
Byrne Samuel T 0.02%  (9977) AMG /
Cutler Hugh EVP, Global Distribution 0.02%  (8651) AMG /
Churchill Dwight D. 0.01%  (6104) AMG /

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