MAI Capital Management Expands Texas Presence with Addition of Service Academy Capital Management
Acquisition augments MAI’s growth in serving ultra-high-net-worth clients
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 Service Academy Capital Management, LLC(“SACMGT”), a Dallas-based RIA serving ultra-high-net-worth (UHNW) individuals and their families, institutions and family offices. SACMGT will join MAI’s UHNW division, Evoke. Terms of the transaction were not disclosed.
Founded in 2015 by Brian Sears, SACMGT was built on the philosophy that clients deserve a fundamentally different kind of wealth management experience: one grounded in transparency, customization and proactivity. The firm, which brings more than a century of combined experience, specializes in delivering bespoke portfolios and financial planning advice. Utilizing both private and public market investments, SACMGT constructs portfolios specific to each client’s risk profile and investment objectives.
Prior to founding SACMGT, Brian served as one of the Co-Heads of Barclays Wealth America, overseeing the Western United States, as a Global Co-Head of Distribution and Product Development for Alternative Investments at Neuberger Berman and as a financial advisor at Goldman Sachs and Merrill Lynch. After a career at some of Wall Street's most recognized institutions, Sears founded SACMGT to advance what he believed was a better model built on honesty, integrity and a genuine alignment of interests between advisor and client.
