MAI Capital Management, a Cleveland, Ohio-based registered investment managing $12.2 billion, has acquired Investment Planning Associates, a Rockville, Maryland-based RIA managing $235 million.
IPA founding partner Jay Levin will assume the role of senior wealth advisor and managing director at MAI, while Ari Wiener will become a wealth advisor and director.
Since September, MAI has been owned by Galway Insurance Holdings, a New York-based financial services distribution company.
Advisors can set their practice apart and win more business with a powerful graphic describing their unique business and value proposition.
The Labor Department's reversal from its 2022 guidance has drawn approval from crypto advocates – but fiduciaries must still mind their obligations.
With $750 million in assets and plans to hire a RIA Growth Lead, Autopilot is moving beyond retail to court advisors with separately managed accounts and integrations with RIA custodians such as Schwab and Fidelity.
Elsewhere on the East Coast, a Boca Raton-headquartered shop has acquired a fellow Florida-based RIA in "a natural evolution for both organizations."
After advising on nearly $700 million in retirement assets, 27-year veteran Greg Mykytyn is bringing his expertise in ESOP and 401(k) plans to the national RIA in Texas.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
