MAI Acquires Coons Advisors
MAI Capital Management has acquired J.W. Coons Advisors, LLC. Terms of the transaction were not disclosed.
Headquartered in Columbus, Ohio, with an additional office in Naples, Florida, Coons Advisors serves individuals, families and charitable organizations nationwide. The firm offers customized portfolios, estate and philanthropic planning, as well as comprehensive financial planning services.
Founded in 2003 by James W. Coons, the firm oversees approximately $612 million in AUM.
“As we continue to expand our reach in Ohio, Florida and beyond, we are excited to welcome Jim and his talented colleagues to MAI,” said Rick Buoncore, chairman and CEO of MAI. “Their client-first approach and depth of investment expertise embody the qualities we look for in partner firms. By joining MAI, their team will be able to deliver the same high-touch service their clients have come to expect while leveraging our broader planning resources and investment capabilities.”
Coons Advisors will adopt the MAI brand. The full team and firm leadership—including Coons and principals Robert Hoffman and Keith Blankemeyer—will remain in place, continuing to serve clients from the Columbus and Naples offices.
“When I launched the firm more than 20 years ago, my goal was to create a model where advisors could truly know their clients and tailor solutions for their unique goals,” said Coons. “By joining MAI, we preserve that philosophy while adding tools and resources—such as enhanced financial planning, proprietary alternative investments and expanded operational support—that will allow us to continue serving clients at the high level they deserve for years to come.”
Coons Advisors joined MAI effective September 19, 2025. Turkey Hill Management advised Coons Advisors on the transaction.
