MAI Capital Management has acquired Lowe Wealth Advisors, a Columbia, Maryland-based registered investment advisor with $527 million in assets under management, expanding MAI’s presence across the Mid-Atlantic and adding a boutique, family-led advisory firm with deep multigenerational relationships. Terms of the transaction were not disclosed.
Lowe Wealth Advisors serves 470 households nationwide and operates with a planning-first, team-based model that emphasizes personalized guidance. The firm traces its roots to 1980, when Harold A. Lowe and two colleagues formed an independent financial planning practice that later evolved into Lowe Wealth Advisors. The firm was an early adopter of fee-based planning and has built what it describes as a high-touch client service approach, supported by a team with an average tenure of more than 10 years. Gregory Lowe joined the firm in 1994 and has worked alongside his father as the practice grew into a well-known advisory group in the region.
The deal adds to MAI’s growth strategy in Maryland and surrounding states. MAI said the addition of Lowe Wealth Advisors increases its footprint in Maryland to five practices and strengthens its overall reach across the Mid-Atlantic. The firm also described the transaction as its 19th acquisition since January 2024, bringing MAI to 36 offices and more than 650 employees nationwide.
MAI said all nine members of Lowe Wealth Advisors, including Harold and Gregory Lowe, will join MAI. The father-and-son leadership team will take on roles as Senior Managing Directors, and Lowe Wealth Advisors will transition to MAI’s brand. MAI said the combination is intended to provide continuity for clients while adding access to MAI’s broader national platform and internal infrastructure spanning human resources, operations, technology, and marketing, as well as a bench of specialists across investment management, financial planning, tax, estate, and family office services.
Lowe Wealth Advisors’ client base includes high-net-worth individuals and families, including business owners, entertainers, and foundation and endowment trustees. The firm also has a specialized focus on medical and trauma care professionals, including educational programs for trauma fellows on financial literacy, debt management, and estate planning, reflecting a niche approach to serving professionals with complex career and financial considerations.
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“Harold, Gregory and the entire Lowe Wealth Advisors team have built a relationship-driven firm that mirrors MAI’s commitment to delivering personalized advice and comprehensive financial guidance,” said Rick Buoncore, Chairman and CEO of MAI. “As we continue to grow in the greater Baltimore region, we are focused on building meaningful scale in markets where we believe our advisors can make a real impact. Bringing LWA into MAI is a further step toward establishing a strong, connected presence in this market.”
Rick Buoncore, Chairman And CEO, MAI Capital Management
“For more than four decades, our guiding principle has been simple: do the right thing for our clients and our team,” said Gregory Lowe, Vice President, Chief Compliance Officer and Chief Operating Officer at LWA. “This partnership allows us to maintain the personal service and relationships our clients value while enhancing our ability to meet their evolving needs through deeper investment and planning resources—including advanced estate strategies, expanded alternatives access and a broader knowledge base for complex client situations. We look forward to continuing the legacy my father began, now with the added backing of a national firm that shares our philosophy.”
Gregory Lowe, Vice President, Chief Compliance Officer And Chief Operating Officer, Lowe Wealth Advisors
