MAI Capital Taps R.J. Nemer to Lead Marketing Efforts and Business Development
Former attorney and entrepreneur joins $7B firm to drive marketing initiatives and support new business activities for the growing RIA
CLEVELAND – February 3, 2020 – MAI Capital Management, LLC (“MAI”), an independent registered investment adviser specializing in comprehensive estate, financial planning and investments for high-net-worth individuals and families, appoints R.J. Nemer as its Chief Marketing and Business Development Officer. Nemer will be responsible for leading the company’s marketing and branding efforts. He will also drive business development and design and implement client acquisition strategies to support the firm’s organic growth. Nemer will report to MAI Managing Partner Rick Buoncore.
Nemer joins MAI from William Morris Endeavor/IMG where he served as Senior Vice President and Global Head of Golf Clients. Nemer founded Icon Sports Management in 1998 and developed his expertise in the marketing and management of professional golfers. He expanded the firm into a global brand and one of the largest independently-owned golf management and marketing agencies in the world. He sold the firm to William Morris Endeavor/IMG in 2015 and assumed leadership of the company’s IMG Golf brand. Previously, Nemer was an Estate Tax attorney in Akron, Ohio.
“An entrepreneurial spirit is rich within MAI’s history, and it’s something R.J. personifies. He built his business on fostering strong relationships and delivering top-quality client services, and these qualities are woven in MAI’s culture,” said Buoncore.
“MAI continues to stand out in the Cleveland business community, and the national growth achieved in recent years is exciting to see,” said Nemer. “Under Rick’s leadership, the firm has fostered a company culture that’s rooted in quality service to help clients achieve their financial goals. I am excited by the firm’s commitment to its clients and to support MAI’s ongoing growth.”
In the last two years, MAI has experienced sustained growth and has expanded its reach to new geographies via acquisition. In 2019, the firm added three new locations after acquiring J.M. Hartwell in New York City, MTX Wealth Management in Reston, Virginia and partnering with John D. Dovich & Associates in Cincinnati. Additionally, the firm also expanded its reach within Ohio with the acquisitions of the wealth management division of CCI Financial Group in Akron and Rodman Capital Management in Alliance.
Buoncore added: “Our team has driven our success over the years. We have been incredibly thoughtful in our approach to growth, which includes the individuals we bring onto our team. We work hard to ensure our full team embodies the MAI spirit and approach to taking care of clients. We’re excited for R.J. to join us and help propel MAI forward.”
Nemer earned a Bachelor of Science in Business Administration and his Juris Doctor from the University of Akron in Akron, Ohio in 1990 and 1995 respectively. He resides in Hudson, Ohio and is an active member of the community, serving on the boards of the Greater Cleveland Sports Commission, Rock & Roll Hall of Fame, the development committee for the Walsh Jesuit High School, The PGA Bridgestone Senior Players Tournament, the Northern Ohio Section of the PGA of America and as the co-chair of the Cleveland Clinic Children’s Hospital Golf Outing.
About MAI Capital Management
MAI Capital Management (“MAI”) is a fee-based registered investment adviser and wealth management firm based in Cleveland, with additional offices in Cincinnati and Columbus, OH, New York City, Ponte Vedra Beach, FL, Nashua, NH, Irvine, CA, and Reston, VA. As of Dec. 31, 2019, MAI’s assets under management totaled more than $7 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.