MAI Capital Management, LLC, an RIA specializing in comprehensive investment and financial planning for HNW individuals and families, has acquired Investment Planning Associates.
The deal expands MAI’s presence in Maryland and enhances its wealth management capabilities. IPA operates with a client-focused approach and offers sensible and tailored financial and investment planning services.
This represents MAI’s fourth acquisition since being acquired by Galway Holdings in September 2021. The partnership enables MAI to continue ongoing and strategic growth through M&A and organic activity.
“MAI continues to seek out firms with shared values,” said John Hahn, executive chairman at Galway. “In the current investing environment, with countless options and unlimited access to information, investors need to be assured that their financial futures are being shepherded by experienced individuals and that is what IPA has shown through their decades of client-focused advising.”