MAI Capital Management completed the acquisition of Coons Advisors.

MAI Capital Management, a full-service wealth manager and registered investment adviser, completed the acquisition of Coons Advisors, a firm that provides customized investment portfolios. Financial terms were not disclosed. “As we continue to expand our reach in Ohio, Florida and beyond, we are excited to welcome Jim and his talented colleagues to MAI. Their client-first approach and depth of investment expertise embody the qualities we look for in partner firms. By joining MAI, their team will be able to deliver the same high-touch service their clients have come to expect while leveraging our broader planning resources and investment capabilities,” Rick Buoncore, MAI Chairman & CEO.