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AMG Wealth Partners Closes Philly-Based Acquisition
Eliane Chavagnon
2 October 2015
, a subsidiary of Affiliated Managers Group, has completed its investment in myCIO Wealth Partners, the Philadelphia, PA-based financial advisory firm. Senior partners David Lees, James Biles and Paul Bracaglia lead a team of over 30 professionals serving corporate executives, families, endowments, trusts and retirement plans. As part of the transaction, myCIO’s senior professionals have agreed to long-term commitments with the firm. The terms of the transaction were not disclosed. Affiliated Managers Group is a global asset management company with equity investments in boutique investment management firms.