AMG affiliate myCIO divests advisor team managing about $5 billion in client assets for $24.5 million cash

Affiliated Managers Group, Inc.

Affiliated Managers Group, Inc.

AMG

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  • myCIO Wealth Partners divested an advisor team overseeing about $5 billion of client assets, sharpening focus on ultra-high-net-worth clients.
  • AMG received cash consideration of about USD 24.5 million at closing on June 30, 2026; additional contingent cash proceeds possible.
  • AMG retains a majority equity stake in myCIO, which had about USD 16 billion of ultra-high-net-worth client assets as of March 31, 2026.


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