MAI Capital Management snaps up $1.2B RIA Halpern Financial

MAI Capital Management is making moves in the Eastern US as it acquires a storied fee-only independent RIA. On Monday, MAI announced its acquisition of Halpern Financial, which boasts $1.2 billion in assets under management as of September 30 and locations across Virginia, Maryland, and Florida. Terms of the deal were not disclosed.

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