$7-billion deal for myCIO delivers 12-billionth dollar of acquired assets for AMG

The deal, announced July 13, underscores that AMG has established itself as an alpha predator for the top half of the top 1% of RIA firms in the United States, according to John Furey, principal of Advisor Growth Strategies, LLC of Phoenix.

“AMG is seeking to partner with the very best in the industry. I would imagine their addressable market is less than 100 RIAs nationally. So clearly they are trying to build some cachet with RIA owners.”

Read More