MAI Capital Managment, LLC, an RIA specializing in comprehensive investment and financial planning for HNW individuals and families, has purchased Hochman Cole Investment Advisors.

Hochman Cole delivers retirement, financial planning and investment management services for high-net-worth individuals and families.

The deal will establish MAI’s presence in Chicago and will further its ability to provide personalized and holistic financial advice. This represents MAI’s second acquisition since Galway Holdings acquired the firm in September 2021. The acquisition maintains MAI’s strategy of growth through M&A and organic activity.

“To achieve measurable growth in today’s landscape, RIA firms must remain nimble,” said John Hahn, executive chairman at Galway. “MAI continues to achieve its growth objectives by identifying the right professional partners who share its long-term vision and commitment to providing quality advice and service to its clients.”