CLEVELAND–MAI Capital Management, LLC (“MAI”), a national registered investment adviser (RIA) renowned for its comprehensive investment and financial planning services, has announced a significant expansion through the acquisition of Hyperion Partners Llc (“Hyperion”). This strategic move, finalized on [Insert date if available from original article or leave as announced today], brings Hyperion’s substantial client base and expertise into MAI’s growing national footprint.
Based in Berwyn, PA, Hyperion Partners LLC has built a strong reputation in the greater Philadelphia area. The advisory firm primarily caters to businesses and high-net-worth individuals, offering tailored financial solutions. Founded in 2018 by Jeffrey Leber and Vaughn Schill, Hyperion Partners LLC has demonstrated impressive growth, managing $528.8 million in client assets as of September 30, 2024. This acquisition underscores MAI’s commitment to partnering with firms that prioritize client relationships and deliver exceptional service.
Patrick Gingras, Market Leader and Regional President at MAI, emphasized the strategic alignment of the two firms. “When MAI seeks to grow our team, we prioritize partners who deeply understand the ‘clients first’ philosophy,” Gingras stated. “Jeff, Vaughn, and the entire Hyperion Partners LLC team embody this principle, providing outstanding service and comprehensive advice spanning tax planning, estate strategies, and business financial guidance. We are enthusiastic about equipping them with MAI’s extensive resources and support infrastructure to further elevate their client service and business growth trajectory.”
The integration will see Hyperion Partners LLC adopting MAI’s established brand identity and benefiting from MAI’s robust internal infrastructure. This includes streamlined HR processes, operational efficiencies, and enhanced marketing support. Crucially, both Jeffrey Leber and Vaughn Schill will assume the role of Regional President at MAI, ensuring continuity and leveraging their leadership within the expanded organization.
Leber and Schill jointly commented on the synergy between the firms, stating, “Our dedication to exceeding client expectations has been the cornerstone of the trust we’ve cultivated throughout our careers. MAI shares this fundamental value, and this exciting partnership empowers us to enhance our client service delivery, providing families and businesses with even greater returns on their investments and peace of mind in their financial futures.”
About MAI Capital Management
MAI Capital Management stands as a preeminent registered investment adviser and wealth management firm, dedicated to empowering clients to simplify, safeguard, and grow their wealth. Founded in 1973, MAI delivers on this mission through objective advice, customized planning, integrated solutions, and highly personalized service. Headquartered in Cleveland, OH, MAI boasts a nationwide presence with offices across 16 states and a dedicated team exceeding 475 professionals. As of September 30, 2024, MAI manages and advises on a total of $28.2 billion in assets, including $3.2 billion in assets under advisement.* For further information, please visit www.mai.capital or explore MAI’s company profile on LinkedIn.
*Includes accounts advised but not actively managed by MAI and accounts managed by third-party advisors utilizing an MAI model.
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