J.W. Coons Advisors Joins MAI Capital Management

CLEVELAND--(BUSINESS WIRE)--MAI Capital Management (“MAI”), a registered investment advisor (RIA) focused on empowering clients to simplify, protect and grow their wealth, today announced the acquisition of J.W. Coons Advisors, LLC (“Coons Advisors”). Terms of the transaction were not disclosed.

Headquartered in Columbus, Ohio, with an additional office in Naples, Florida, Coons Advisors serves individuals, families and charitable organizations nationwide. The firm offers customized portfolios, estate and philanthropic planning, as well as a full range of comprehensive financial planning services.

Founded in 2003 by James (Jim) W. Coons, the firm has grown steadily since inception, with client assets under management (AUM) increasing at a rapid pace. At the time of close, Coons Advisors oversees approximately $612 million in AUM.

“As we continue to expand our reach in Ohio, Florida and beyond, we are excited to welcome Jim and his talented colleagues to MAI,” said Rick Buoncore, Chairman & CEO, 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.”

Coons Advisors will adopt the MAI brand and benefit from the scale of MAI’s internal infrastructure, such as HR, operations and marketing support. The full team and firm leadership—including Coons and principals Robert Hoffman and Keith Blankemeyer—will remain in place, continuing to serve clients from the Columbus and Naples offices.

“When I launched the firm more than 20 years ago, my goal was to create a model where advisors could truly know their clients and tailor solutions for their unique goals,” said Coons. “By joining MAI, we preserve that philosophy while adding tools and resources—such as enhanced financial planning, proprietary alternative investments and expanded operational support—that will allow us to continue serving clients at the high level they deserve for years to come.”

Coons Advisors joined MAI effective September 19, 2025. Turkey Hill Management advised Coons Advisors on the transaction.

About MAI Capital Management

MAI is a registered investment adviser and wealth management firm unified in purpose to empower clients to simplify, protect, and grow the wealth they have worked so hard to build. Founded in 1973, the firm helps clients achieve their vision and goals through objective advice, tailored planning, comprehensive and integrated solutions, and highly personal service. The firm has 33 offices across the United States, a team of over 500 people, and, as of June 30, 2025, nearly $35 billion in total assets including $31.15 billion in assets under management and $3.84 billion in assets under advisement*. For more information, visit www.mai.capital or MAI’s company page on LinkedIn.

*Including retirement plans and other accounts advised but not actively managed by MAI.