News & Press

MAI Wealth Management Commits to Ohio for Modern HQ

Company cites Northeast Ohio location among the reasons for expanding its headquarters in Ohio

Published: Mon Apr 26 2021

Company Name: MAI Wealth Management, Inc.
Location: Independence
Industry Sector: Financial Services
Company Profile: MAI Wealth Management is a wholly owned subsidiary of MAI Capital Management, a fee-based wealth management firm providing planning and investment advisory services.
Company Website: https://mai.capital/

Project Summary:

Type of Project: Expansion

Jobs:

Jobs committed: 50
Jobs retained: 130

Company Need:

MAI Wealth Management, Inc. (MAI) is growing rapidly and plans to move into a new, larger and more modern headquarters.

MAI’s move to Independence is the next phase of our growth strategy. This space will allow us to better collaborate as a team, expand our capabilities to accommodate clients and reinvest in our commitment to adding jobs in the area.

- Rick Buoncore, -

managing partner / MAI

Why Ohio?

After considering a number of opportunities, MAI plans to locate its headquarters in Independence, within Northeast Ohio. The Northeast Ohio community has been central to MAI’s growth throughout their 45-plus-year history. MAI decision-makers cited the additional space for employees and dedicated meeting rooms for clients, as well as the campus-like setting of the Independence location, for their choice.

Ohio is the No. 5 largest financial services industry in the U.S., with a financial services workforce of over 245,000 individuals. Ohio is also home to three of the top 25 U.S. cities for tech talent – Cincinnati, Cleveland, and Columbus.

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Categories: Financial Services