MAI Capital Management Acquires Pareto Wealth Management
Summary
The firm’s leaders Sean Kriak and Joe Palko work with clients to design comprehensive financial and retirement plans aligned with goals-based investment management and strategy. Most recently, MAI announced its partnership with Intersect, a San Ramon, Calif.-based wealth management firm with a significant focus on advising professional athletes. Earlier this year, MAI announced its acquisition of Winfield Associates in Cleveland and Monarch Business & Wealth Management in New York City. The addition of Sean, Joe and the Pareto team bolsters MAI’s offerings within its Northeast Ohio headquarters and beyond.” The acquisition closed on Aug. 9, 2022, and financial and legal terms of the deal were not disclosed. MAI is a fee-based registered investment adviser and wealth management firm based in Cleveland with 17 additional offices nationwide.