MAI Capital Management has acquired Lowe Wealth Advisors (LWA), a Columbia, Maryland-based, family-led registered investment advisor overseeing approximately $527 million in assets for 470 households nationwide. LWA’s origins date back to 1980, when Harold A. Lowe and two colleagues launched an independent financial planning firm that later evolved into the current practice. Harold’s son, Gregory Lowe, joined in 1994 and has since helped lead the firm alongside a nine-person team. 

LWA primarily serves high-net-worth individuals and families, including business owners, entertainers, and foundation and endowment trustees. The firm has developed a particular focus on medical and trauma care professionals, offering educational programs for trauma fellows on financial literacy, debt management, and estate planning to help them navigate complex financial and career decisions. 

“As we continue to grow in the greater Baltimore region, we are focused on building meaningful scale in markets where we believe our advisors can make a real impact,” said Rick Buoncore, chairman and CEO of MAI. “Bringing LWA into MAI is a further step toward establishing a strong, connected presence in this market.” 

All nine LWA team members, including Harold and Gregory Lowe, will join MAI. The father-and-son team will serve as senior managing directors, and LWA will transition to the MAI brand. The transaction, effective December 5, expands MAI’s Maryland presence to five practices and further extends its Mid-Atlantic reach. 

The addition of LWA marks MAI’s 19th transaction since January 2024 and follows the recent acquisitions of $366 million Ellicott City, MD-based Court Place Advisors and Fort Myers, FL-based Liberty Private Client, which manages roughly $245 million in client assets.   

Pictured: MAI Chairman and CEO Rick Buoncore