On February 17, 2026, MAI Capital Management announced its acquisition of LOC Investment Advisers.
MAI Capital Management (“MAI”) announced, on February 17, 2026, its acquisition of LOC Investment Advisers (“LOC”). Under the terms of the transaction, LOC, including founders Robert O’Dell and David Lanham, joined MAI on February 13, 2026, with LOC managing director Sean Mayberry serving as senior wealth advisor and team leader at MAI. Further terms of the transaction were not disclosed.
MAI, based in Cleveland, Ohio, is a registered investment advisor offering wealth management and family office services. MAI has approximately $72.6 billion in assets under management and advisement.
LOC, based in Hurricane, West Virginia, is a fee-only registered investment advisor offering investment management and financial planning services. LOC has approximately $759 million in client assets.
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