MAI Capital Management buys Halpern Financial for $1.2 billion
MAI Capital Management is acquiring Halpern Financial, a $1.2 billion fee-only RIA with offices in Virginia and Maryland, while also operating in Naples, Fla. It is the firm's eighth acquisition this year. As part of the deal, founder Tim Halpern will assume the title of regional president at MAI. As a result of the acquisition,…
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