Joan Malloy Recognized on Forbes Top Women Wealth Advisors Best-In-State List

MAI is thrilled to announce that Group Head National Family Office & Regional President, Joan Malloy, was once again recognized by Forbes on the Top Women Wealth Advisors Best-In-State List, ranking fourth in the state of Missouri. Joan exemplifies everything that MAI stands for, especially putting clients and their needs first. With her vast experience, she is adept at advising business owners, individuals, and multi-generational families in succession, governance, investment, tax, and philanthropic planning.

“Being recognized alongside other incredibly deserving women wealth advisors is an honor,” said Malloy. “I am proud of my entire team in St. Louis. Their dedication to our work inspires me to continue empowering our clients to simplify, protect, and grow their wealth.”

The eighth annual ranking of Forbes/SHOOK Top Women Wealth Advisors Best-In-State features 1,991 women managing cumulative assets of over $2.8 trillion.

See the list: https://www.forbes.com/lists/best-in-state-women-advisors/?sh=52fa7fe01d11


By clicking on the above link, you will leave MAI’s site and will be directed to a third-party site which MAI does not endorse and is not affiliated. Some third-party sites require registration or subscription to view content.

On February 8, 2024, Joan Malloy ranked 4th out of 26 advisors listed in Missouri (6th out of 21 advisors listed in Missouri in 2023).  Forbes ranking of Top Women Wealth Advisors Best-In-State, developed by SHOOK Research, is based on an algorithm of qualitative data, learned through surveys and interviews conducted by telephone, in-person and virtually to evaluate best practices, such as service models, investing models and compliance records as well as quantitative data, such as revenue trends and assets under management. MAI does not pay a fee to be considered for an award or to participate in rankings.

All advisors have a minimum of seven years’ experience, minimum 1 year at current firm, with the exceptions of acquisitions, advisors must be recommended and nominated by their firm and complete an online survey. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings.  For more information on the methodology visit https://www.forbes.com/sites/rjshook/2024/02/08/methodology-americas-top-women-wealth-advisors-2024/?sh=238ecf9c4502.

MAI Recognized with the 2023 Medical Mutual Pillar Award for Community Service

Smart Business and Medical Mutual developed the Pillar Award for Community Service to honor businesses and individuals dedicated to making NE Ohio a better place to live. We are excited to share that MAI has once again been recognized for our work in the community.

MAI leaders and team members are actively engaged with approximately 150 boards, charities, and organizations, dedicating 7,000+ hours annually to making a difference.

By connecting with others, paying forward our successes, and sharing our gifts with our communities – whether that is time, treasure, or talent – we are able to continuously build and live our culture of service. At MAI, we are servants – of our clients, of each other, and of our communities.

Read more about the 2023 Medical Mutual Pillar Award for Community Service here.


MAI Capital was recognized as an Honoree of 2023 Smart Business, Medical Mutual Pillar Award for Community Service on 12/7/23. Information as of time period not provided. Nominees must have a physical location in the 14-county region of Northeast Ohio (Ashland, Ashtabula, Cuyahoga, Erie, Geauga, Huron, Lake, Lorain, Medina, Portage, Stark, Summit, Tuscarawas and Wayne) to be eligible for an award. The Award seeks to publicize the importance of community service issues, such as philanthropy and volunteerism, share creative ideas about how companies have a positive impact in their communities, and honor companies and individuals who go beyond the minimum expectation of community service.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 any other group to be included in their rankings or awards. Learn more about the award here: http://www.smartbusinessemag.com/articles/2023-medical-mutual-pillar-award-for-community-service

By clicking on the above link, you will leave MAI’s site and will be directed to a third-party site which MAI does not endorse and is not affiliated. Some third-party sites require registration or subscription to view content. Please see MAI’s disclosure page for more information.

MAI Capital Management Places on Forbes Top RIA Firms List for 2023

MAI Capital Management is thrilled to announce its recognition on Forbes’ esteemed list of Top RIA Firms, placing at 84 out of 250 in the ranking for 2023, spotlighting our team’s work.

We prioritize the highest level of service, professional insights, and care, not only when serving clients financially, but also taking care of them in every aspect of their lives that we touch. This recognition from Forbes underscores our leadership in leveraging innovation to enhance our clients’ lives and reflects our dedication to their overall wellbeing.

We are honored to be recognized by Forbes as a leading RIA and look forward to what is ahead! To view this year’s list, please visit: https://www.forbes.com/lists/top-ria-firms/?sh=417c53c03cd5


On October 10, 2023, MAI Capital Management, LLC (MAI) placed 83 out of 250 on the Forbes Top RIA Firms 2023 list. Data provided as of March 21, 2023. The Forbes ranking of America’s Top RIA Firms, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone, virtual and in-person due diligence interviews, and quantitative data. The algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receive a fee in exchange for rankings. MAI does not pay a fee to be considered for an award or to participate in rankings.

MAI Capital Recognized Among Top 30 On Barron’s Top 100 RIA Firms List for 2023

MAI Capital Management has been recognized on the esteemed Barron’s Top 100 RIA firms list for 2023, placing among the top 30 firms.

This accolade is more than just a mark of excellence; it is a testament to our unwavering commitment to our clients. Since our inception in 1973 and with 50 years in business, we have built a culture of character where we are inspired to serve others. Everything we do is driven by one powerful purpose: to empower clients to simplify, protect, and grow the wealth they have worked so hard to build – freeing their time to enjoy it. The team is honored to have its hard work and dedication recognized in such a significant industry ranking.

“Securing our ranking on Barron’s Top 100 RIA firms list is both an honor and a reflection of our 50-year commitment to our clients and team,” said Rick Buoncore, Managing Partner at MAI. “At MAI, it’s about genuine relationships and empowering our clients with confidence. A big thank you to our clients and our team for being the heart of our success.”

This prestigious ranking celebrates the best firms in the industry, and we are honored and thrilled to continue improving our standing on the list year over year.

To view this year’s list, please visit: https://www.barrons.com/advisor/report/top-financial-advisors/ria


On September 15, 2023, MAI Capital Management placed 27th out of 100 firms on Barron’s 2023 Top RIA Firms list (26th out of 100 in 2022, 31st out of 100 firms in 2021, 36th out of 100 firms in 2020, 26th out of 50 firms in 2019, and 39th in 2018). In order to be considered, applicants were required to complete a 160-question survey, based on information provided as of June 30, 2023, with the firm’s ADV informing the majority of responses. Firms were also required to meet a number of other specified requirements to be eligible for inclusion. Firms were ranked based on various qualitative and quantitative factors, including assets managed, the size and experience of teams, regulatory records of the advisors and firms, technology spending, staff diversity, organic and M&A growth, client segmentation as well as succession planning. The number of total RIAs surveyed was not available at time of publication. MAI paid $20,000 in 2023 to use the Barron’s logo in advertising ($20,000 in 2022, $15,000 in 2021, $15,000 in 2020, $15,000 in 2019, and $10,500 in 2018). https://www.barrons.com/advisor/report/top-financial-advisors/ria.

By clicking on the above link, you will leave MAI’s site and will be directed to a third-party site which MAI does not endorse and is not affiliated. Some third-party sites require registration or subscription to view content. Please see MAI’s disclosure page for more information.

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: https://www.fa-mag.com/c2590.


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.

By clicking on the above links, you will leave MAI’s site and will be directed to a third-party site which MAI does not endorse and is not affiliated. Some third-party sites require registration or subscription to view content. Please see MAI’s disclosure page for more information.

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. MAI does not pay a fee to be considered for an award or to participate in rankings; however, MAI pays $1,925 for marketing usage of the Financial Advisor Magazine RIA Ranking logo.

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. MAI does not pay a fee to be considered for an award or to participate in rankings; however, MAI pays $1,925 for marketing usage of the Financial Advisor Magazine RIA Ranking logo.

MAI Capital Recognized as Honoree of 2022 Smart Business, Medical Mutual Pillar Award for Community Service, & Rick Buoncore, Managing Partner, Honored with Kent Clapp CEO Leadership Award

MAI Capital is pleased to share that it has received recognition in two categories of the Smart Business, Medical Mutual Pillar Awards this year. The firm was named as an honoree of the 2022 Northeast Ohio Pillar Award for Community Service for the third consecutive year, and Managing Partner Rick Buoncore was named the winner of the 2022 Kent Clapp CEO Leadership Award.

Under Buoncore’s leadership, MAI created three pillars: take care of clients, take care of each other, and take care of the community. These principles shine through everything that MAI team does, day in and day out. Buoncore and the rest of the leadership team encourage a spirit of service among employees by planning group volunteer opportunities each year and encouraging their support of causes that are personal.

“Congratulations to our Ohio MAI team members for the recognition of their dedication and giving attitudes,” said Rick Buoncore, Managing Partner of MAI Capital. “On a personal note, I’m humbled to be honored with the Leadership Award. I owe a debt of gratitude to my team at MAI for their continued commitment to our firm, clients, and community.”

Through its 25 years, Medical Mutual, along with co-founding partner Smart Business, has recognized organizations and individuals whose efforts have made a significant impact in their communities through giving back. The Medical Mutual Pillar Award for Community Service is presented to for-profit businesses for their community service efforts, and the Kent Clapp CEO Leadership Award recognizes the top executive of a for-profit company for creating a culture of giving.

In order to be eligible for the award, individuals are required to have a physical location in the 14-county region of Northeast Ohio (Ashland, Ashtabula, Cuyahoga, Erie, Geauga, Huron, Lake, Lorain, Medina, Portage, Stark, Summit, Tuscarawas, and Wayne).  When determining honorees, the judges take into account charitable giving, volunteerism, pro bono work, and more. All of this year’s honorees demonstrate their dedication to the Northeast Ohio community. The 2022 list highlights businesses of various disciplines and sizes that make outstanding contributions to their communities in Cleveland, Columbus, and Cincinnati, Ohio.

To view this year’s lists, please visit:  https://sbnonline.com/article/2022-pillar-award-for-community-service-northeast-ohio/


MAI Capital was recognized as an Honoree of 2022 Smart Business, Medical Mutual Pillar Award for Community Service, and Rick Buoncore won the Kent Clapp CEO Leadership Award at the Medical Mutual Pillar Awards on 12/1/22. Information as of time period not provided. 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 any other group to be included in their rankings or awards.

By clicking on the above link, you will leave MAI’s site and will be directed to a third-party site which MAI does not endorse and is not affiliated. Some third-party sites require registration or subscription to view content. Please see MAI’s disclosure page for more information.

MAI Capital Management’s Lesa Evans Recognized by Crain’s Cleveland Business on Excellence in HR award list

MAI Capital Management is thrilled that Chief Human Resources Officer Lesa Evans has been recognized on the Crain’s Cleveland Business excellence in HR award list for 2022.

To qualify for the list, nominees must be based in Northeast Ohio at companies with the best people, talent, development, and culture. The ranking highlights those who have gone above and beyond to make a lasting impression in their field and breaks finalists and winners into multiple categories: Overall Excellence (Individual); Overall Excellence (Team); Employee Advocacy; Diversity, Equity, and Inclusion; and Rising Star. Lesa was selected as a winner in the Overall Excellence category for individuals.

Lesa has over 30 years of experience in the industry and has been with MAI since 2019. She has worked with various leadership and corporate teams to improve processes, create solutions and drive new initiatives at our firm. Lesa works day in and day out to ensure we have a successful and happy team here at MAI and plays a significant role in our overall culture as a business.

MAI is excited to be ranked on such a prominent list and takes pride in its dedication to client success, employee happiness, and community involvement. The firm looks forward to furthering its standing as an industry leader and seeing the future success that our team will achieve. To view this year’s list, please visit: https://www.crainscleveland.com/awards/excellence-hr-awards-2022


Lesa Evans was recognized on Crain’s Cleveland’s Excellence in HR Awards list for 2022 on 11/1/22. Information as of time period not provided. MAI does not pay a fee to be ranked.