MAI Capital Management Appoints New CFO
The Cleveland-based RIA adds Tony Amador as CFO; Jim Kacic assumes role of President of M&A and Shared Services
CLEVELAND —Nov. 2, 2022 — 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, continues to expand its executive-level talent to support the firm’s ongoing growth. Tony Amador has joined the firm as its new Chief Financial Officer (“CFO”), while former CFO, Jim Kacic, now assumes a new role at MAI as President of Mergers & Acquisitions (“M&A”) and Shared Services.
Amador brings over 20 years of professional experience to MAI, including a focus on corporate strategy and dedicated M&A investment banking. Throughout his career, he has handled over 25 M&A transactions. Most recently, Amador held several leadership roles at KeyBank in Cleveland, including Head of Consumer Payments and Lending and Alternative Channels as well as CFO of Technology & Operations and Support & Administration. At MAI, Amador will be responsible for driving the firm’s strategic and operational activities, while tapping into his extensive experience in corporate strategy, investment banking, and sales leadership to support MAI’s growth plans. Outside of his work in the financial services industry, he serves as a board member for the St. Joseph Academy.
“Our focus is to continue our national expansion while providing quality service, solutions and experience for our clients,” said Rick Buoncore, Managing Partner of MAI. “Our leadership team is integral to accomplishing these goals. Tony’s experience will position us for future growth, as we continue to prioritize our clients in pursuing new and improved services.”
Amador’s appointment comes as Kacic transitions to President of M&A and Shared Services. Kacic, who most recently served as President and CFO, will support MAI’s larger growth strategy and national expansion objectives by overseeing the firm’s ongoing M&A activities. Kacic will also lead the newly created Shared Services group, which includes all of the firm’s infrastructure teams that are instrumental to implement and support the quality service that MAI’s clients are accustomed to receiving.
“Jim’s leadership is central to MAI’s vision, the growth we’ve accomplished to date and — importantly — our MAI culture,” Buoncore added. “He has helped drive our M&A and integration activities for the last several years, and his new role allows him to sharpen this focus.”
Kacic has over 30 years of experience in financial services. During his tenure with MAI, he has managed mergers and acquisitions, corporate and client accounting, information technology, human resources, and administration. He also proudly serves as a Trustee and Chairman of the Board for Achievement Centers for Children and is a member of its Executive Finance, Strategic Planning, and Investment Committees.
About MAI Capital Management
MAI is a fee-based registered investment adviser and wealth management firm based in Cleveland with 17 additional offices nationwide. As of September 30, 2022, MAI’s assets under management totaled $14.1 billion. The firm also provides comprehensive investment management and planning services to high-net-worth individuals, families, and athletes. MAI is led by Managing Partner Rick Buoncore. For more information, please visit www.mai.capital.
About Galway Holdings
Galway Holdings, LP (“Galway”) is a diversified financial services distribution platform focused on product distribution and differentiated client service leveraging technology, data analytics, and innovative risk-sharing solutions.