MAI Capital Management, a registered investment advisor (RIA) focused on helping clients simplify, protect, and grow their wealth, has announced the acquisition of Liberty Private Client, a Fort Myers, Florida-based RIA managing approximately $245 million in client assets. The deal further strengthens MAI’s growing presence across the Southeast and marks its third Florida-based acquisition in the past year. The terms of the deal were not disclosed.
Liberty Private Client provides tailored asset management, tax, retirement, and legacy planning services to individuals, families, corporations, and organizations. The firm’s integrated approach to wealth management aligns closely with MAI’s client-first philosophy, emphasizing customized, objective financial guidance and personalized service. Through this acquisition, Liberty’s advisors and support staff will gain access to MAI’s full suite of professional expertise and resources, including advanced investment management, financial planning, and tax strategy capabilities.
All members of Liberty’s team will join MAI, ensuring continuity for clients and maintaining the trusted relationships that have been the foundation of Liberty’s success since its founding. The addition of Liberty enhances MAI’s ability to serve a growing client base in Florida. It expands its reach along the East Coast, reinforcing the firm’s position as a leading national wealth management platform.
Founded in 2019 by Michael McCort, a 25-year investment industry veteran, Liberty rapidly scaled through a merger with Girard Private Investment Group, founded by Richard Seidel, retaining all employees and Girard’s Wayne, Pennsylvania office. By joining MAI, Liberty gains the institutional support, technology, and infrastructure needed to expand its client services while maintaining the independence and personal attention that define its culture.
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“Liberty shares our commitment to putting clients first and delivering advice that’s both personal and holistic. Their advisors will now gain access to our deep bench of planning, investment and tax professionals—giving them the resources and scale to strengthen their offerings while preserving the culture and independence that have driven their success.”
Rick Buoncore, Chairman & CEO, MAI Capital Management
“As Liberty has grown, we’ve taken great pride in ensuring the individuals, families and institutions we serve continue to receive the high level of investment advice and support they’ve come to expect. Having the support, tools and resources of an industry-leading firm like MAI behind us will allow us to continue to deliver better client experiences as we expand our capabilities and deepen the level of service we provide.”
Michael McCort, Founder, Liberty Private Client
