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AMG Wealth Partners invests in Baker Street Advisors

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AMG Wealth Partners is to acquire a majority equity interest in San Francisco-based wealth management firm Baker Street Advisors. 

After the closing of the transaction, the management partners of Baker Street will continue to hold a substantial portion of the equity of the business and direct its day-to-day operations.

Baker Street provides customised wealth management and comprehensive investment advisory solutions to individuals, families and foundations. Founded by Jeff Colin in 2003, the firm advises on approximately USD6 billion in assets. Baker Street focuses on simplicity, cost-effectiveness and tax-efficiency, while seeking to generate the highest risk-adjusted rates of return, after taxes and fees, for each client.

“We are pleased to welcome Baker Street, a leading wealth advisory boutique, to our Affiliate group,” says John W Copeland, President of AMG Wealth Partners. “Jeff Colin, Mike van den Akker, Chris Wilkens, Jim Milligan and the rest of the Baker Street team have a strong record of helping clients achieve excellent results using a highly specialized, unbiased approach to investing. We look forward to working alongside our new partners and bringing Baker Street’s expertise to more investors.”

“Through our partnership with AMG Wealth Partners, we are able to maintain our independence and autonomy as we continue to serve the best interests of our clients,” says Colin. “We will focus, as always, on providing objective, customised wealth management and investment advisory solutions to private clients, families and foundations.”

As part of the transaction, Baker Street’s senior professionals have agreed to long-term commitments with the firm. The terms of the transaction have not been disclosed.

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