MAI Capital Expands UHNW Footprint with Dallas Acquisition
Event summary
- MAI Capital acquired Dallas-based Service Academy Capital Management (SACMGT), a UHNW-focused RIA, effective May 29, 2026.
- SACMGT, founded in 2015 by Brian Sears, brings over a century of combined experience in alternatives, fixed income, and complex planning.
- The acquisition strengthens MAI’s Evoke division, which serves ultra-high-net-worth individuals and family offices.
- Sears will lead client relationships and investment strategy as Senior Managing Director at MAI.
The big picture
The deal reflects a broader trend of independent RIAs seeking scale while maintaining autonomy, particularly in high-growth markets like Dallas. MAI’s $77.3 billion AUM platform now gains deeper UHNW capabilities, aligning with demand for integrated family office services. The acquisition also underscores the strategic value of advisors with Wall Street pedigrees in attracting elite clientele.
What we're watching
- Integration Challenges
- How MAI will blend SACMGT’s client-centric approach with its own platform, particularly in alternatives and fixed income.
- Market Expansion
- Whether this acquisition signals further consolidation in the UHNW wealth management space in Texas.
- Client Retention
- The pace at which SACMGT’s high-net-worth clients transition to MAI’s broader service offerings.
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