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This Advisor Dropped $25.58 Million on a Company That Collects Fees from Boutique Asset Managers
Yahoo Finance· 2026-02-27 15:32
Company Overview - Affiliated Managers Group (AMG) reported trailing twelve-month revenue of $2.3 billion and net income of $716.7 million [4] - The company has a dividend yield of 0.01% and a share price of $301.55 as of February 5, 2026 [4] - AMG's forward price-to-earnings ratio is 8.48, and its enterprise value to EBITDA is 8.75 [6] Investment Activity - Aerodigm Wealth, LLC initiated a new position in AMG by acquiring 88,749 shares valued at approximately $25.58 million [1][2] - This new position represents 9% of Aerodigm Wealth's 13F assets under management [6] - AMG is now the second-largest holding in Aerodigm's portfolio, following ITOT, a total US stock market ETF [9] Business Model - AMG operates as a global asset management company, partnering with independent investment firms to provide a diverse range of investment strategies [8] - The company generates revenue primarily from management and advisory fees based on assets under management, utilizing a partnership-driven model [7] - AMG serves a wide array of clients, including institutional clients, mutual fund investors, high net worth individuals, foundations, endowments, and retirement plans [7]