Acquisitions

MAI Capital Management Adds Justin Bass to Bolster its Sports + Entertainment Division

09.14.22

MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals, families, professional athletes and entertainers, has appointed Justin Bass as Managing Director in the MAI Sports + Entertainment division. Bass will provide comprehensive wealth strategies and financial plans for the firm’s professional athlete and entertainment clients.

Bass has over 25 years of experience in the financial services industry and family office-related services. He specializes in comprehensive financial planning for high-net-worth individuals with a focus on professional athletes and entertainers. Bass will leverage his experience in overseeing financial, business, and legal affairs, as well as help clients develop and market their personal brands. He will be based in MAI’s West Coast offices.

“MAI has decades of experience in meeting the financial needs and lifestyle goals of athletes and entertainers,” said Bass. “This deep-seated experience is backed by a team of talented and dedicated professionals with a shared goal of delivering quality client service. Aligning with MAI will allow me to amplify my impact for MAI clients, and I am excited for what’s to come.”

MAI has worked with professional athletes throughout its history and solidified its focus in the space with the 2019 acquisition of MTX Wealth Management in Reston, Virginia. Since then, the team has grown considerably, adding talented financial professionals and dedicated staff to service athletes’ financial goals and lifestyle needs.

The addition of Bass is the latest in MAI’s ongoing growth trajectory. The firm has acquired 21 RIAs across the country since 2018, expanding its reach across the Mid-Atlantic, Northeast and Southeast regions of the U.S., while also building dedicated business units to serve its clients multifaceted needs, including MAI Investment Solutions, MAI Sports + Entertainment, MAI Insurance Solutions, a family office and more. MAI’s growth has been supported by its partnership with Wealth Partners Capital Group, a financial services holding company, and its 2021 acquisition by Galway Holdings, a leading financial services distribution company.

“Our growth is a direct result of the team we have in place and the support we provide our clients every day,” said Rick Buoncore, Managing Partner of MAI. “We remain focused on delivering quality services to our clients to help them achieve their objectives. Justin has extensive experience providing clients with customized financial and investment management services. We’re thrilled to leverage his insight in bolstering our offerings for our professional athlete clients.”

Bass received his bachelor’s degree from the University of California, Los Angeles, and a J.D. from University of California, Hastings College of the Law. Outside of his work in the financial services industry, he serves as a board member for the Wender-Weis Foundation for Children.

We look forward to learning about your financial goals.

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