Partnership creates national RIA with 600 employees and $65 billion in AUM

MAI Capital Management (“MAI”), a registered investment advisor (RIA) focused on empowering clients to simplify, protect and grow their wealth, today announced it has completed its strategic partnership with Los Angeles-based RIA Evoke Advisors (“Evoke”). As part of this acquisition, MAI is introducing new Managing Partner appointments to help guide the firm’s next chapter of growth and innovation.

With the completion of the acquisition, MAI scales to over $65 billion in assets under management (AUM) across 34 offices nationwide. This marks a landmark year for the firm, during which it has added over $30 billion in AUM and expanded its services for ultra-high-net-worth (UHNW) individuals, families and institutions. Integrating talent from both MAI and Evoke, the newly expanded Managing Partner team embodies MAI’s dedication to delivering exceptional service and deep expertise for its full roster of clients.

“Our expanded Office of Managing Partners (OMP) represents a pivotal turning point for MAI as we broaden our national footprint and strengthen our position as a destination for both clients and fiduciary advisors,” said Rick Buoncore, Chairman & CEO, MAI. “By bringing together a group that is deeply committed to our clients and our bold vision for the future, we believe that we are even better positioned to offer a distinct and elevated experience for everyone we serve.”

Buoncore will continue to lead MAI as Chairman and CEO; he also welcomes David Hou, Jane Eagle and Jay Sanders from Evoke into the OMP at MAI. With these additions, the OMP overseeing MAI’s business segments now includes:

• David Hou, Managing Partner, Evoke Ultra-High Net Worth
• Jane Eagle, Managing Partner, Evoke Operations
• Jay Sanders, Managing Partner, Family Office & Tax Services
• Albie MacDonald, Managing Partner, Wealth Management
• Joe McLean, Managing Partner, Sports & Entertainment
• John Zaller, Managing Partner, Sports & Entertainment
• Jim Kacic, Managing Partner, Chief Operating Officer
• Kurt Nye, Managing Partner, Chief Investment Officer

“Joining MAI enables us to expand our capabilities and offer clients greater access to a national platform, deep planning and investment resources, and specialized expertise,” said Hou. “We’re excited to continue scaling our services to meet the needs of ultra-high-net-worth families and institutions as we partner with MAI, leveraging the infrastructure and expertise of the combined firm to deliver even greater value to all our clients.”

The Evoke transaction marks MAI’s 17^th completed acquisition since January 2024, underscoring its commitment to investing in talent and expanding its footprint with over 600 employees across the country. As MAI blends the strengths of these organizations, the firm remains focused on unifying the brand, pursuing avenues for organic growth and ensuring advisors have the tools and marketing resources to harness the benefits of the expanded platform.

MAI's continued alignment with like-minded RIAs enhances the experience for both clients and advisors while further strengthening the firm's integrated suite of offerings—including financial planning, investment management, retirement planning, family office services, trust services and institutional consulting.

Evoke joined MAI effective October 31, 2025. The terms of the deal are not disclosed. AO Shearman served as legal counsel to MAI. Ardea Partners LP served as the exclusive financial advisor and Ropes & Gray as legal counsel for Evoke.

About MAI Capital Management

MAI is a registered investment adviser and wealth management firm unified in purpose to empower clients to simplify, protect, and grow the wealth they have worked so hard to build. Founded in 1973, the firm helps clients achieve their vision and goals through objective advice, tailored planning, comprehensive and integrated solutions, and highly personal service. The firm has 33 offices across the United States, a team of over 500 people, and, as of September 30, 2025, over $39.4 billion in total assets including $34 billion in assets under management and $5.4 billion in assets under advisement*. For more information, visit www.mai.capital or MAI’s company page on LinkedIn.

*Including retirement plans and other accounts advised but not actively managed by MAI.

About Evoke Advisors

Evoke Advisors, an SEC-registered investment adviser founded in May 2019, manages approximately $28.4 billion, $13.3B on a discretionary basis and $15.1B, non-discretionary¹. Among its service offerings, Evoke draws on the expertise of its experienced entrepreneurs and investors to deliver holistic financial planning and provide both discretionary and non-discretionary investment advisory services to a broad range of clients. For more information, visit www.evokeadvisors.com.

1. As of 9/30/2025

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