MAI Capital Management Expands Mid-Atlantic Presence With Addition of Lowe Wealth Advisors

Acquisition adds $527 million in AUM, deepens MAI’s footprint in Maryland and surrounding states

CLEVELAND--(BUSINESS WIRE)--MAI Capital Management (“MAI”), a registered investment advisor (RIA) focused on empowering clients to simplify, protect and grow their wealth, today announced the acquisition of Lowe Wealth Advisors (“LWA”), a boutique, family-led RIA with $527 million in assets under management (AUM). Based in Columbia, Maryland, LWA serves 470 households nationwide with a team-based, planning-first approach that prioritizes guidance tailored to each client’s individual needs. Terms of the transaction were not disclosed.

LWA traces its roots to 1980, when Harold A. Lowe, CFP®, and two colleagues established an independent financial planning firm that evolved into today’s Lowe Wealth Advisors. One of the early adopters of fee-based planning, LWA has developed a reputation for high-touch service, tailored wealth guidance and deep multi-generational client relationships. Harold’s son, Gregory Lowe, CFP®, joined the firm in 1994, and along with the rest of the LWA team—whose members have an average tenure of more than 10 years—have grown the practice into a leading advisory group in the region.

LWA serves high-net-worth individuals and families, including business owners, entertainers and foundation and endowment trustees. The firm also specializes in working with medical and trauma care professionals, offering educational programs for trauma fellows on financial literacy, debt management and estate planning as part of its efforts to help these professionals navigate complex financial and career challenges.

“Harold, Gregory and the entire Lowe Wealth Advisors team have built a relationship-driven firm that mirrors MAI’s commitment to delivering personalized advice and comprehensive financial guidance,” said Rick Buoncore, Chairman and CEO of MAI. “As we continue to grow in the greater Baltimore region, we are focused on building meaningful scale in markets where we believe our advisors can make a real impact. Bringing LWA into MAI is a further step toward establishing a strong, connected presence in this market.”

All nine members of LWA—including Harold and Gregory—will join MAI. The father-and-son duo will assume the roles of Senior Managing Director, ensuring full-service continuity for clients while retaining the boutique experience for which the firm is known. LWA will adopt MAI’s brand and should benefit from the firm’s national platform, including access to MAI’s internal infrastructure across human resources, operations, technology and marketing, as well as more than 150 specialized professionals in investment management, financial planning, tax, estate and family office services.

“For more than four decades, our guiding principle has been simple: do the right thing for our clients and our team,” said Gregory Lowe, Vice President, Chief Compliance Officer and Chief Operating Officer at LWA. “This partnership allows us to maintain the personal service and relationships our clients value while enhancing our ability to meet their evolving needs through deeper investment and planning resources—including advanced estate strategies, expanded alternatives access and a broader knowledge base for complex client situations. We look forward to continuing the legacy my father began, now with the added backing of a national firm that shares our philosophy.”

The addition of LWA further expands MAI’s presence in Maryland—bringing its footprint in the state to five practices—and strengthens the firm’s overall reach across the Mid-Atlantic. LWA is MAI’s 19th acquisition since January 2024, expanding the firm to 36 offices and over 650 employees across the country. The acquisition continues MAI’s approach of aligning with like-minded firms that prioritize holistic planning, integrated services and personalized client experiences.

Lowe Wealth Advisors joined MAI effective December 5.

About MAI Capital Management ("MAI")

MAI is a registered investment adviser and wealth management firm unified in purpose to empower clients to simplify, protect, and grow the wealth they have worked so hard to build. Founded in 1973, the firm helps clients achieve their vision and goals through objective advice, tailored planning, comprehensive and integrated solutions, and highly personal service.

As of October 31, 2025, MAI and its affiliated adviser have 35 offices across the United States and a team of over 650 people and manage and advise on $69 billion in total assets.*

For more information, visit www.mai.capital or MAI’s company page on LinkedIn.

*MAI has $34 billion in assets under management and $5.4 billion in assets under advisement; assets under advisement include retirement plans and other accounts advised but not actively managed by MAI.

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