MAI Capital Management, a registered investment adviser (RIA), has announced the acquisition of Lowe Wealth Advisors, a boutique, family-led RIA with $527 million in assets under management (AUM). Based in Columbia, Md., LWA serves 470 households nationwide with a team-based, planning-first approach that prioritizes guidance tailored to each client’s individual needs. Terms of the transaction were not disclosed.
LWA traces its roots to 1980, when Harold A. Lowe and two colleagues established an independent financial planning firm that evolved into today’s Lowe Wealth Advisors. One of the early adopters of fee-based planning, LWA has developed a reputation for high-touch service, tailored wealth guidance and deep multi-generational client relationships. Harold’s son, Gregory Lowe, joined the firm in 1994 and, along with the rest of the LWA team — whose members have an average tenure of more than 10 years — has grown the practice into a leading advisory group in the r
