MAI Capital Management, a registered investment adviser (RIA), has announced the acquisition of Waypoint Wealth Counsel, an Atlanta-based, fee-only RIA offering comprehensive financial planning, investment management and financial advisory services. Waypoint manages approximately $490 million in assets under management (AUM) and serves more than 100 households. Terms of the transaction were not disclosed.
Founded in 2014 by Brad McGrew and Matthew Woods after years of experience at leading brokerage firms, banks and RIAs, Waypoint serves affluent and ultra-high-net-worth individuals and families, with a particular focus on entrepreneurs, business owners, executives and multigenerational families. The firm’s differentiated approach to wealth management extends to how it invests on behalf of its clients, tailoring its investment strategy to the cash flow needs, risk tolerance and time horizon of each portfolio. As clients have increasingly sought opportunities outside public
