<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2026-04-15</periodOfReport>

    <dateOfOriginalSubmission>2026-04-24</dateOfOriginalSubmission>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001004434</issuerCik>
        <issuerName>AFFILIATED MANAGERS GROUP, INC.</issuerName>
        <issuerTradingSymbol>AMG</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002129201</rptOwnerCik>
            <rptOwnerName>Patel Cheerag B.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerNonUSAddressFlag>false</rptOwnerNonUSAddressFlag>
            <rptOwnerStreet1>C/O AFFILIATED MANAGERS GROUP, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>1001 U.S. HIGHWAY ONE NORTH</rptOwnerStreet2>
            <rptOwnerCity>JUPITER</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33477</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Head of Affiliate Engagement</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2751</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Reflects restricted stock units subject to vesting from 2027 to 2030; 1,261 in March 2027, 795 in March 2028, 498 in March 2029, and 197 in March 2030. These restricted stock units were inadvertently omitted from the reporting person's original Form 3.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Kavita Padiyar, Attorney-in-Fact</signatureName>
        <signatureDate>2026-06-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
