MAI Capital Management Acquires WaterStone Investment Counsel

MAI Capital Management Acquires Waypoint Wealth Counsel

August 17, 2026

Financial Services

MAI Capital Management announced the acquisition of Waypoint Wealth Counsel LLC, an Atlanta-based fee-only registered investment advisor managing about $490 million in AUM. The deal is intended to give MAI a foothold in Atlanta and expand wealth management capabilities and alternative investment access while keeping Waypoint’s local leadership in place.

MAI Capital Management Acquires Saybrook Wealth Group

June 9, 2026

Financial Services

MAI Capital Management signed an agreement to acquire Saybrook Wealth Group, an Old Saybrook, Connecticut-based registered investment adviser with approximately $273 million in assets under management. The acquisition expands MAI’s Northeast presence in Connecticut and the surrounding region, and Saybrook joined MAI effective May 29, 2026.

Carlyle acquires majority stake in MAI Capital Management

March 31, 2026

Financial Services

Carlyle has agreed to acquire a majority stake in Cleveland-based registered investment adviser MAI Capital Management, valuing the firm at more than $2.8 billion. The transaction deepens Carlyle’s involvement in MAI following its initial 2021 investment via Galway Holdings, with Galway Holdings, Harvest Partners, and Oak Hill Capital exiting. The deal closed effective June 4, 2026, with MAI employees retaining a large minority stake and MAI continuing to operate autonomously under its leadership team.

MAI Capital Management Acquires Lowe Wealth Advisors

December 15, 2025

Financial Services

MAI Capital Management has acquired Columbia, Maryland-based Lowe Wealth Advisors, a registered investment advisor with $527 million in assets under management. The deal expands MAI’s footprint in the Mid-Atlantic — adding Lowe’s nine-person, boutique, family-led practice and its niche client base while transitioning the firm onto MAI’s national platform; terms were not disclosed.

MAI Capital Management Acquires Harbor Wealth Management

May 3, 2024

Financial Services

MAI Capital Management has acquired Harbor Wealth Management, an independent wealth advisory firm with offices in Boulder and Denver, Colorado and approximately $321 million in client assets under management. Harbor’s founders and senior advisors will join MAI as Senior Wealth Advisors/Managing Directors and the firm will adopt MAI’s brand and platform to expand MAI’s presence in Colorado.

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.