September 27, 2022

StuffStrife

Enduring Values

MAI Money Administration Faucets Colter Lewis to Improve Its Nationwide Prosperity Management System

As President of Wealth Administration, Lewis will support MAI’s continued national expansion and ongoing delivery of thorough prosperity administration services

CLEVELAND, September 08, 2022–(Business enterprise WIRE)–MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in detailed expense and money setting up for high-net-well worth persons, people, experienced athletes and entertainers, proceeds to increase to its government-stage expertise with the addition of Colter Lewis as President of Wealth Management.

Lewis will be accountable for overseeing MAI’s prosperity administration system and increasing the firm’s nationwide presence, such as essential marketplaces in the southwest. He will leverage his intensive practical experience in building multi-faceted advisory groups to push expertise acquisition and capabilities complementary to MAI’s comprehensive suite of offerings.

“The client knowledge and our advisory depth have normally been at the heart of our advancement attempts,” explained Rick Buoncore, Managing Spouse of MAI. “Our staff stays centered on growing our attain and optimizing natural and organic and inorganic advancement, when making a major, nationwide wealth administration organization. Colter will be integral to the following phase of MAI’s story, as we seek out to incorporate new providers, insights, markets, and expertise to profit our purchasers.”

Lewis brings around 25 years of business expertise in investments, wealth administration and personal banking to his new position with MAI. Most recently, he served as the Texas Regional President of Northern Rely on. Lewis is based in the better Houston space and will also be accountable for growing MAI’s existence in the southwest – essential development marketplaces for the agency.

“MAI is an modern and quickly-growing business in the highly aggressive impartial prosperity management room,” reported Lewis. “I was straight away drawn to our persuasive development tale and concentrate on both the client and advisor working experience. I search ahead to making upon this basis as we keep on our national growth.”

Lewis’ appointment will come at a time of sustained and strategic expansion for MAI. The business has obtained [22] RIAs across the country because 2018, growing its get to across the Mid-Atlantic, northeast, and southeast regions of the U.S., even though also constructing committed small business models to serve its clientele multifaceted requirements, which includes MAI Investment Alternatives, MAI Sporting activities + Entertainment, MAI Coverage Solutions, a family members place of work and extra. MAI’s progress has been supported by its partnership with Wealth Associates Cash Team, a money companies keeping company, and its 2021 acquisition by Galway Holdings, a primary financial companies distribution organization.

Buoncore additional: “Making upon our potent management team is integral to accomplishing both equally short- and extended-expression results. Our shoppers arrive to us simply because of our talented and seasoned workforce and the thorough answers we offer. Colter has a track document of developing extraordinary prosperity management groups, and we’re energized to leverage his management to reach our purpose of getting to be a national prosperity administration system.”

Lewis is a graduate of Abilene Christian University and retains the Licensed Private Wealth Advisor® and Chartered Fiscal Consultant® designations. He is also a Accredited Economic PLANNER™ skilled. Outside of his get the job done in the financial providers market, he serves as a board member for DePelchin Children’s Center, the Cynthia Woods Mitchell Pavilion and the President’s Leadership Council for Houston Methodist Medical center.

About MAI Capital Management

MAI is a rate-based mostly registered expenditure adviser and wealth management organization primarily based in Cleveland with 17 more offices nationwide. As of June 30, 2022, MAI’s assets beneath management totaled $13.4B. The organization also presents detailed financial commitment administration and arranging companies to substantial-internet-worthy of people today, households, and athletes. MAI is led by Handling Partner Rick Buoncore. For much more information, remember to check out www.mai.funds.

About Galway Holdings

Galway Holdings, LP (“Galway”) is a diversified fiscal services distribution system focused on merchandise distribution and differentiated shopper services leveraging know-how, details analytics, and progressive possibility-sharing alternatives.

Watch resource edition on businesswire.com: https://www.businesswire.com/news/residence/20220908005932/en/

Contacts

Media Get hold of
Marissa Comerford
Gregory FCA for MAI Capital
[email protected]
610-228-2104