AMG said that its new initiative will be an extension of its model of making investments in boutique asset managers, with an investment approach tailored to meet the unique attributes of wealth management firms.
Copeland, a 23-year veteran of the wealth management industry, will be based in West Palm Beach, Florida, and will report to Sean Healey, AMG’s chairman and CEO.
Copeland joins AMG Wealth Partners from Morgan Stanley, where he was a senior partner for one of the firm’s largest private wealth management teams.
Prior to his position at Morgan Stanley, he was a managing director at Lehman Brothers in the firm’s Private Investment Management division. He also served as a managing director for E-Commerce and wealth management at Credit Suisse First Boston.
Copeland began his career in 1988 in the Private Client Services Group of Goldman, Sachs & Co, where he held successive positions over a 12-year career.
Healey said John Copeland is a highly experienced leader in the wealth management industry and someone who intuitively understands the qualities of successful firms, as well as the resources needed to ensure their ongoing success.
"I’ve known John for more than two decades, and I am confident he possesses the expertise, talent and vision to successfully lead the expansion of our business into a focused offering for wealth management boutiques," Healey said.
