AMG Wealth Partners, LP, a subsidiary of Affiliated Managers Group, Inc. (NYSE:AMG), today announced the completion of its investment in Veritable, LP. Veritable, a leading wealth management firm, manages approximately $11 billion across nearly 200 ultra-high-net-worth families. A pioneer in open-architecture wealth advisory services, Veritable provides comprehensive, objective and tax-sensitive investment consultation through an approach customized for each client’s specific needs. Founded in 1986 by Chief Executive Officer Michael A. Stolper, the firm is based in Newtown Square, Pa., and has 84 employees, including 36 investment advisory and 12 research professionals. In the transaction, AMG Wealth Partners purchased an equity interest in Veritable. A broad group of Veritable’s senior professionals, who have made long-term commitments to the firm, will continue to hold a significant equity interest. The terms of the transaction were not disclosed. About AMG Wealth Partners AMG Wealth Partners is a subsidiary of Affiliated Managers Group. Inc. (NYSE: AMG), a global asset management company with equity investments in leading boutique investment management firms. As of March 31, 2012, the aggregate assets under management of AMG’s Affiliates were approximately $392 billion (pro forma for announced investments) across a broad range of investment styles, asset classes and distribution channels. AMG’s strategy is to generate growth through the internal growth of existing Affiliates, as well as through investments in new Affiliates. In addition, AMG provides centralized assistance to its Affiliates in strategic matters, marketing, distribution, product development and operations. AMG Wealth Partners employs the essential elements of AMG’s proven partnership model, with an approach tailored to meet the unique attributes and needs of independent wealth advisory firms. AMG Wealth Partners seeks permanent partnerships with the most highly-regarded wealth management firms and provides capital, strategic guidance and infrastructure capabilities to help them grow, scale their businesses and better serve their clients. Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including changes in the securities or financial markets or in general economic conditions, the availability of equity and debt financing, competition for acquisitions of interests in investment management firms, the ability to close pending investments, the investment performance of our Affiliates and their ability to effectively market their investment strategies, and other risks detailed from time to time in AMG’s filings with the SEC. Reference is hereby made to the “Risk Factors” set forth in AMG’s Form 10-K for the year ended December 31, 2011.AMG routinely posts information that may be significant for investors in the Investor Information section of its website, and encourages investors to consult that section regularly. For additional information, please visit www.amg.com.