MAI Capital Taps Tech Exec for Growth Initiatives

MAI Capital Management, a prominent registered investment advisor managing $80.4 billion in client assets, has significantly bolstered its leadership team. The firm announced on Tuesday the appointment of Amy Brady as a managing partner. Brady's extensive background includes over 30 years of executive experience at major financial institutions like KeyBank and Bank of America.

In her new role, Brady will spearhead crucial strategic initiatives at MAI. These include optimizing the firm's adoption of artificial intelligence, improving workflow efficiencies across operations, and advancing MAI's dedicated strategy for the women and wealth sector. She will report directly to Chairman & CEO Rick Buoncore.

Brady's leadership responsibilities will also encompass serving as the national lead for MAI's "women and wealth" program. The firm aims to leverage this strategy to tap into what it identifies as a rapidly expanding market segment within the wealth management industry.

As of June 30, MAI Capital Management operated 42 offices across the U.S. and employed over 700 individuals, managing $73.8 billion in assets and advising on an additional $6.6 billion.

Separately, Cyndeo Wealth Partners, an RIA based in St. Petersburg, Fla., with approximately $3.7 billion in assets under management, has appointed Casey Jorgensen as its new Chief Growth Officer. Jorgensen's responsibilities will cover advisor recruitment, mergers and acquisitions, and organic growth strategies.

Jorgensen transitions to Cyndeo from Dynasty Financial Partners, where she held significant roles, including director of relationship management and head of the Dynasty Institute for Adaptive Leadership. Her appointment is seen as a strategic move to enhance Cyndeo's growth trajectory, building on her existing familiarity with the firm's operations and vision.