First Manhattan Partners with Beddow Capital Management to Expand RIA Platform

First Manhattan Co. Acquires MRJ Capital

March 15, 2022

Financial Services

First Manhattan Co. announced that MRJ Capital, a $168 million AUM registered investment advisor founded by Matt Greenberg, has joined the firm. Matt Greenberg will join First Manhattan as a Portfolio Manager and bring his clients and team to augment First Manhattan’s wealth management capabilities and AUM.

First Manhattan Adds Roanoke Asset Management Team

August 5, 2025

Financial Services

First Manhattan has added Roanoke Asset Management, a New Jersey–based registered investment advisor, as team members join the firm with Edwin Vroom and Adele Weisman serving as Senior Managing Directors and Portfolio Managers. The move brings Roanoke's ~$350 million AUM capabilities and client relationships into First Manhattan to expand the firm's wealth management and portfolio management capabilities while leveraging First Manhattan's operational scale and research.

MAI Capital Management Acquires Madison Wealth Management

January 8, 2024

Wealth Management

MAI Capital Management acquired Madison Wealth Management, adding approximately $1.4 billion of client assets under management and expanding MAI’s presence in Cincinnati and Northern Virginia. The Madison team will join MAI effective January 5, with Madison leaders Ed Kuresman and Jim McDermott assuming Regional President roles; terms were not disclosed.

Steward Partners Acquires Mainstay Wealth Management

November 21, 2024

Wealth Management

Steward Partners has acquired Mainstay Wealth Management, a 14-person advisory team led by Timothy Burklow Sr. and Matthew Rotella, adding four advisors and over $850 million of assets under management. The move expands Steward Partners' presence in New Jersey with a new Riverdale office and brings experienced advisors from Ameriprise to the firm's Legacy Division.

MAI Capital Management Acquires Prime Investment Advisors

September 27, 2022

Financial Services

Cleveland-based MAI Capital Management acquired Bethesda-based Prime Investment Advisors, adding approximately $140 million in assets under management and expanding MAI's Mid-Atlantic footprint. Founder Stephen Polan will join MAI as Senior Wealth Advisor and Managing Director; the deal is MAI's ninth since Galway Holdings acquired MAI in 2021.

&Partners Adds Mannen Financial Group as 100th Advisor Practice

October 27, 2025

Wealth Management

&Partners, an advisor- and employee-owned wealth management platform, announced that Mannen Financial Group has joined as its 100th advisor practice. The affiliation expands &Partners' footprint while preserving an ownership model that makes advisors owners; the firm now reports approximately $50 billion in pre-hire assets and $350 million in revenue.