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<edgarSubmission xsi:schemaLocation="http://www.sec.gov/edgar/thirteenffiler eis_13F_Filer.xsd" xmlns:ns1="http://www.sec.gov/edgar/common" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.sec.gov/edgar/thirteenffiler">
  <headerData>
    <submissionType>13F-NT</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags/>
      <filer>
        <credentials>
          <cik>0001004434</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>09-30-2020</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>09-30-2020</reportCalendarOrQuarter>
      <isAmendment>false</isAmendment>
      <filingManager>
        <name>AFFILIATED MANAGERS GROUP, INC.</name>
        <address>
          <ns1:street1>777 SOUTH FLAGLER DRIVE</ns1:street1>
          <ns1:street2>SUITE 1401 EAST TOWER</ns1:street2>
          <ns1:city>WEST PALM BEACH</ns1:city>
          <ns1:stateOrCountry>FL</ns1:stateOrCountry>
          <ns1:zipCode>33401</ns1:zipCode>
        </address>
      </filingManager>
      <reportType>13F NOTICE</reportType>
      <form13FFileNumber>028-04975</form13FFileNumber>
      <otherManagersInfo>
        <otherManager>
          <form13FFileNumber>028-11395</form13FFileNumber>
          <name>AMG Funds LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-16284</form13FFileNumber>
          <name>Artemis Investment Management LLP</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-05582</form13FFileNumber>
          <name>FIRST QUADRANT L P/CA</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-11858</form13FFileNumber>
          <name>Foyston, Gordon, &amp; Payne Inc</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-01185</form13FFileNumber>
          <name>FRONTIER CAPITAL MANAGEMENT CO LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-04145</form13FFileNumber>
          <name>GW&amp;K Investment Management, LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-10955</form13FFileNumber>
          <name>Genesis Investment Management, LLP</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-04434</form13FFileNumber>
          <name>HARDING LOEVNER LP</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-11968</form13FFileNumber>
          <name>MYCIO WEALTH PARTNERS, LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-04884</form13FFileNumber>
          <name>RENAISSANCE GROUP LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-11487</form13FFileNumber>
          <name>River Road Asset Management, LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-05015</form13FFileNumber>
          <name>SYSTEMATIC FINANCIAL MANAGEMENT LP</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-11289</form13FFileNumber>
          <name>THIRD AVENUE MANAGEMENT LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-11092</form13FFileNumber>
          <name>TimesSquare Capital Management, LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-01222</form13FFileNumber>
          <name>TWEEDY BROWNE CO LLC//</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-10942</form13FFileNumber>
          <name>Veritable, L.P.</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-14794</form13FFileNumber>
          <name>Veritas Asset Management LLP</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-00262</form13FFileNumber>
          <name>WELCH &amp; FORBES LLC</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-03760</form13FFileNumber>
          <name>YACKTMAN ASSET MANAGEMENT LP</name>
        </otherManager>
      </otherManagersInfo>
      <provideInfoForInstruction5>Y</provideInfoForInstruction5>
      <additionalInformation>Affiliated Managers Group, Inc. ('AMG') is making this 13F information filing as a majority owner of certain affiliated institutional investment management firms that are subject to applicable 13F filing requirements. AMG expressly disclaims beneficial ownership of all reported securities. AMG does not exercise voting or investment power over any reported security. Each AMG affiliate exercises such power independently of AMG and each other.</additionalInformation>
    </coverPage>
    <signatureBlock>
      <name>David M. Billings</name>
      <title>General Counsel and Secretary</title>
      <phone>617-747-3300</phone>
      <signature>David M. Billings</signature>
      <city>Prides Crossing</city>
      <stateOrCountry>MA</stateOrCountry>
      <signatureDate>11-13-2020</signatureDate>
    </signatureBlock>
  </formData>
</edgarSubmission>
