MAI Capital Expands Atlanta Footprint with $490M Waypoint Wealth Acquisition — MAI Capital Management, LLC

Event summary

MAI Capital Management acquired Atlanta-based Waypoint Wealth Counsel, adding $490M in AUM and 100+ client households.
Waypoint was founded in 2014 by Brad McGrew and Matthew Woods, focusing on affluent and ultra-high-net-worth clients.
The acquisition closed on August 14, 2026, with terms undisclosed.
McGrew and Woods will continue leading Waypoint as Market Leaders within MAI.
MAI now operates 42 offices across the U.S. with $80.4B in total assets as of June 30, 2026.

The big picture

MAI's acquisition of Waypoint reflects a broader industry trend of regional consolidation among RIAs, particularly in high-growth markets like Atlanta. The deal underscores the strategic importance of alternative investment capabilities and institutional-grade services for attracting and retaining ultra-high-net-worth clients. With $80.4B in total assets, MAI is positioning itself as a national player with localized expertise.

What we're watching

Integration Challenges: How MAI will blend Waypoint's relationship-driven approach with its own institutional platform.
Market Penetration: Whether MAI can leverage Waypoint's Atlanta presence to capture more ultra-high-net-worth clients.
Alternative Investments: The pace at which MAI expands Waypoint's private investment fund offerings to other markets.