MAI Capital Acquires $528.8M PA-based Hyperion in Ninth Deal of 2024

Cleveland-based MAI Capital Management has acquired Berwyn, PA-based advisory firm Hyperion Partners, adding $528.8M to MAI’s total AUM, according to an October 25 press release.

Hyperion Partners was founded by Jeffrey Leber and Vaughn Schill in 2018 and primarily caters to high-net-worth individuals and businesses. Under MAI, Leber and Schill will both serve as regional presidents. The firm will then adopt MAI’s brand identity and internal infrastructure.

Hyperion marks MAI’s ninth acquisition of 2024 and follows closely on the October 7 acquisition of $1.2B Halpern Financial, which operated out of offices in Virginia, Maryland, and Florida.

View the press release here.