On October 28, 2024, MAI Capital Management announced its acquisition of Hyperion Partners.
MAI Capital Management, LLC (“MAI”) announced on October 28, 2024 its acquisition of Hyperion Partners, LLC (“Hyperion”). Under the terms of the transaction, Hyperion will adopt MAI’s brand identity and receive its internal infrastructure, including HR, operations, and marketing resources. Further terms of the deal were not disclosed.
MAI, based in Cleveland, Ohio, is a registered investment adviser and wealth management firm specializing in investment and financial planning for high-net-worth individuals and families. As of September 2024, MAI had $28.2 billion in assets under management.
Headquartered in Berwyn, Pennsylvania, Hyperion is an advisory firm primarily serving businesses and high net worth individuals. As of September 2024, Hyperion had $528.8 million in assets under management.
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