MAI Acquires Hochman Cole

INVESTMENT MANAGEMENT DEALS BLOG

December 23, 2021

On December 6, 2021, it was announced that MAI Capital Management, LLC acquired Hochman Cole Investment Advisors, Inc.

Under the terms of the transaction, MAI Capital Management, LLC (“MAI”) acquired Hochman Cole Investment Advisors, Inc. (“Hochman Cole”). The acquisition closed on December 3, 2021. Further terms of the deal were not disclosed.

MAI, based in Ohio, is a fee-based registered investment adviser and wealth management firm, specializing in comprehensive investment and financial planning for high-net-worth individuals and families. As of October 31, 2021, MAI had $12.5 billion in assets under management.

Hochman Cole, based in Deerfield, Illinois, provides financial planning, investment management services, and retirement services for high-net worth families, individuals and business owners.

To read the press release: please click here.