10-K/APeriod: FY2017

AFFILIATED MANAGERS GROUP, INC. Annual Report (Amendment), Year Ended Dec 31, 2017

Filed March 29, 2018For Securities:AMGMGRBMGRMGRDMGRE

Summary

This filing from Affiliated Managers Group, Inc. (AMG) on March 29, 2018, serves as an amendment or supplement to their original 10-K filed on February 23, 2018. It primarily directs investors to the previously filed information for financial statements and schedules, specifically referencing Schedule II - Valuation and Qualifying Accounts for the years ended December 31, 2017, 2016, and 2015, found on page 72 of the original filing. Investors should refer to the February 23, 2018 10-K for a comprehensive understanding of AMG's financial position and performance.

Financial Statements
Beta
Revenue$2.31B
SG&A Expenses$373.10M
Operating Expenses$1.60B
Operating Income$1.11B
Interest Expense$87.80M
Net Income$689.50M
EPS (Basic)$12.30
EPS (Diluted)$12.03
Shares Outstanding (Basic)56.00M
Shares Outstanding (Diluted)58.60M

Key Highlights

  • 1This filing is an addendum to the original 10-K filed on February 23, 2018, containing updated or supplementary information.
  • 2Key financial data, including audited financial statements, can be found in the original Form 10-K filed on February 23, 2018.
  • 3Schedule II, 'Valuation and Qualifying Accounts,' for the years 2017, 2016, and 2015, is specifically referenced and available on page 72 of the original filing.
  • 4Separate financial statements for AQR Capital Management Holdings, LLC and Subsidiaries are incorporated by reference via Exhibit 99.1, providing insight into a significant subsidiary.
  • 5Investors are directed to review the comprehensive disclosure in the earlier 10-K for a complete financial picture.

Frequently Asked Questions

This filing is an amendment or supplement to the original 10-K filed on February 23, 2018. It primarily serves to direct investors to the previously filed financial statements and schedules and to incorporate by reference the financial statements of AQR Capital Management Holdings, LLC.

AMG's audited financial statements for the years ended December 31, 2017, 2016, and 2015, along with other required financial statement schedules, are detailed in the original Form 10-K filed on February 23, 2018.

Schedule II provides details on the changes in valuation and qualifying accounts for the years ended December 31, 2017, 2016, and 2015. This schedule helps investors understand how reserves for doubtful accounts, allowances, and other similar accounts have been utilized or adjusted.

AQR Capital Management Holdings, LLC is likely a significant subsidiary or an acquired entity. Its separate financial statements, incorporated via Exhibit 99.1, provide investors with a more detailed view of the financial performance and position of this specific business segment within AMG.