MAI Capital Management to Transfer Headquarters to Independence, Ohio | Business & Finance
CLEVELAND–(Business enterprise WIRE)–Apr 15, 2021–
MAI Capital Management, LLC (“MAI”), an impartial registered investment adviser specializing in thorough investment and economic scheduling for large-net-worthy of people today and families, has introduced plans to relocate its headquarters from Cleveland to neighboring Independence, Ohio. The business, which manages more than $10 billion in client property, is slated to start off transitioning workers to the new internet site early future 12 months and will be totally transitioned by the 3rd quarter of 2022.
The go arrives amid MAI’s ongoing development. In just the past year, the firm expanded its achieve to four new geographic areas, including the Increased Miami location, Tiny Rock, Arkansas St. Louis and New York Town, and declared the acquisitions of HW Money Advisors and Ownership Advisors, both equally primarily based in the Higher Cleveland area. MAI elevated its Cleveland-based mostly workforce by 17% final year and ideas ongoing talent acquisition in the rapid long term.
“MAI has termed Cleveland residence in the course of our 45-moreover-year record, and we are unbelievably happy of the legacy we have built,” said Rick Buoncore, Running Lover at MAI. “The Northeastern Ohio community has been central to our growth and an incredible resource of talent and means through our firm’s heritage.”
The new headquarters is positioned to accommodate ongoing expansion by presenting extra space for personnel and devoted conference places for purchasers. The MAI crew was specifically captivated to the campus environment and several facilities available to employees. Even further, the new locale will serve as a focal stage for MAI’s nine other offices.
Buoncore extra: “Our go to Independence is the upcoming phase of this expansion, permitting us to much better collaborate as a group, broaden our capabilities to host customers and reinvest in our motivation to adding employment in the Cleveland area in the a long time to occur. We are fired up for the potential and to go on calling Cleveland and its suburbs our headquarters and MAI’s hometown.”
An predicted 140 staff members will be in area at the new locale by mid-2022. MAI will be dependent in Park Center Plaza.
About MAI Money Management
MAI Money Management (“MAI”) is a rate-dependent registered financial investment adviser and prosperity administration organization based in Cleveland, with extra workplaces in Cincinnati, OH, Ponte Vedra Beach, FL, Nashua, NH, Irvine, CA, Reston, VA, Minimal Rock, AR, New York Town and St. Louis and a presence in Columbus, OH and Miami. As of March 31, 2021, MAI’s belongings underneath management totaled $10.3 billion. The agency also presents in depth financial investment management and setting up expert services to higher-internet-well worth people, people and athletes. MAI is led by Running Companion Rick Buoncore. For a lot more details, be sure to pay a visit to www.mai.money.
Speak to: Marissa Foy Comerford
Gregory FCA for MAI Money
Key word: OHIO UNITED STATES NORTH The united states
Industry Key phrase: Expert Services OTHER Qualified Products and services Compact Organization Insurance plan FINANCE CONSULTING ACCOUNTING
Resource: MAI Cash Management, LLC
Copyright Organization Wire 2021.
PUB: 04/15/2021 08:30 AM/DISC: 04/15/2021 08:31 AM
Copyright Organization Wire 2021.
