On April 1, 2025 MAI Capital Management announced its acquisition of Constellation Sports Council.
MAI Capital Management, LLC (“MAI”) announced on April 1, 2025, its acquisition of Constellation Sports Council (“Constellation”). Constellation president and cofounder Jon Hayes, along with his colleague Tim Hightower, will join MAI as Senior Wealth Advisor, Managing Director and Wealth Specialist, Senior Associate, respectively. Further terms of the deal were not disclosed.
MAI, based in Cleveland, Ohio, is a registered investment advisor and wealth management firm specializing in investment and financial planning for high-net-worth individuals and families. As of December 2024, MAI had $29 billion in assets under management.
Constellation, based in Cincinnati, Ohio, is an investment advisory firm providing financial guidance, retirement planning, and asset management services to high-net-worth individuals and athletes. Constellation has approximately $280 million in assets under management. Republic Capital Group served as Constellation’s exclusive financial advisor in the transaction.
To read the press release: please click here.