MAI Capital Management, LLC

MAI Capital Management, LLC is a registered investment adviser (RIA) specializing in comprehensive investment and financial planning. The firm's mission is to empower clients to simplify, protect, and grow their wealth through objective advice, tailored planning, and integrated solutions. Founded in 1973, MAI Capital Management traces its origins to a partnership between Arnold Palmer and Mark McCormack. Its headquarters are located in Independence, Ohio, having relocated from Cleveland in 2022.

MAI Capital Management offers a broad range of services including wealth management, investment management, financial planning, retirement planning, estate and trust planning, tax and accounting services, insurance and risk management, and family office solutions. The firm serves a diverse client base, including high-net-worth individuals, families, and institutional clients, with specialized offerings for sports and entertainment professionals. As of June 30, 2026, MAI Capital Management manages and advises on nearly $80.4 billion in total assets.

In June 2026, The Carlyle Group, a global investment firm, acquired a majority stake in MAI Capital Management, valuing the firm at over $2.8 billion. This transaction followed Carlyle's initial investment in MAI through Galway Holdings in 2021. Rick Buoncore serves as the Chairman and CEO, leading the firm's strategic growth, which includes numerous acquisitions. For instance, in August 2026, MAI acquired OG Private Wealth and Waypoint Wealth Counsel, adding over $1 billion in assets under management. The firm continues to expand its national footprint and service capabilities through strategic acquisitions and organic growth.