MAI Capital Management Acquires Halpern Financial
October 7, 2024
MAI Capital Management has acquired Halpern Financial, a fee-only RIA with approximately $1.2 billion in client AUM and offices in Ashburn, Virginia and Rockville, Maryland (with a presence in Naples, Florida). Terms were not disclosed; Halpern's founder Ted Halpern will become a regional president and the firm will adopt MAI's branding and internal infrastructure to support growth and expand MAI's regional footprint.
- Buyers
- MAI Capital Management
- Targets
- Halpern Financial
- Industry
- Wealth Management
- Location
- Virginia, United States
- Transaction Type
- Buyout
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