MAI Recognized on Financial Advisor 2023 RIA Ranking and the Top 50 Fastest-Growing Firms List


MAI Capital Management is honored to announce its ranking as 30th on Financial Advisor Magazine’s 2023 RIA Ranking, up from 38th on the 2022 list. The firm was also featured on the Top 50 Fastest Growing Firms list as number 42.

Financial Advisor Magazine ranks independent RIAs based on assets under management at year end. The environment for advisory firms is ever-changing, and these ranking highlights those who are quickly rising to the top of the industry. This is especially true for the Top 50 Fastest Growing Firms list, which is based on percentage of growth in assets year over year. MAI is excited to be placed on both lists for 2023, showcasing its growth throughout an inflationary market and featuring its dedication to bolster client offerings and talent at the firm.

The MAI team recognizes what a distinction it is to be featured on a prominent industry ranking and sincerely thanks our employees and clients for their hard work, dedication, and support.

To download the full list visit:

In the case above, MAI responded to a survey from the sponsoring organization. In no case does MAI pay a fee to be considered for an award or to participate in rankings. Further, MAI is not required to be a subscriber to Financial Advisor Magazine or any other group to be included in their rankings or awards.

Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance results. These rankings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation.

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Financial Advisor Magazine RIA Ranking

On July 14, 2023, MAI ranked 30th out of 521 firms listed on Financial Advisor Magazine’s 2023 RIA Ranking (38 out of 534 in 2022, 42nd out of 607 firms in 2021, 45th out of 715 firms in 2020, 59th out of 683 in 2019, and 64th out of 707 in 2018). FA’s RIA survey is a ranking based on assets under management at year end of independent RIA firms that file their own ADV with the SEC.

Financial Advisor Magazine Top 50 Fastest-Growing Firms

On July 14, 2023, MAI ranked 42nd out of 50 firms on Financial Advisor Magazine’s 50 Fastest Growing firms list (26th of out 50 in 2022, MAI did not place in 2021,and 24th out of 50 firms in 2020). The methodology above also applies to this list which is created by comparing firms’ year-end AUM to the previous year AUM based on the numbers reported on their survey. The number of total RIAs surveyed was not available at time of publication for either list.

To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC and provide financial planning and related services to individual clients. Firms must have at least $500 million in assets under management as of December 31, 2022, to be included in the print edition of Financial Advisor magazine’s 2023 RIA survey. Firms with under $500 million will be included in FA‘s expanded 2023 online RIA survey.

We look forward to learning about your financial goals.