Affiliated Managers Group, Inc. (AMG) is a global asset management company with equity investments in a diverse group of boutique investment management firms (Affiliates). As of December 31, 2012, the Company manages assets through its Affiliates across a broad range of asset classes and investment styles in three principal distribution channels: Institutional, Mutual Fund and High Net Worth. On June 29, 2012, it completed its investment in Veritable, LP (Veritable) through AMG Wealth Partners. Veritable manages assets for ultra-high net worth individuals and provides comprehensive, objective and tax-sensitive investment consultation through an approach customized for each client's specific needs. On June 29, 2012, it completed its investment in Yacktman Asset Management LP (Yacktman).