MAI Capital Management Expands Sports and Entertainment Services with Recent Additions

Jon Hayes and Tim Hightower join MAI to serve professional athletes with bespoke financial planning, investment solutions, and family office services

MAI Capital Management (“MAI”), a leading registered investment advisory firm focused on empowering clients to simplify, protect, and grow their wealth, today announces the addition of key contributors from Cincinnati-based Constellation Sports Council (“CSC”), a privately held wealth management firm serving professional athletes.

CSC president and cofounder Jon Hayes, along with his colleague Tim Hightower, will join MAI as Senior Wealth Advisor, Managing Director and Wealth Specialist, Senior Associate, respectively. They will bring their combined decades of experience in financial guidance, retirement planning, and asset management for high-net-worth individuals and athletes.

Hayes, a former collegiate football and baseball player, has spent almost three decades working with professional athletes to help them manage their finances. After founding CSC in 2019, he led the firm’s white-glove approach to client service and wealth management. In joining MAI, Hayes will leverage the firm’s extensive client offerings, including financial and estate planning, family governance and education, investment management, and philanthropy. He and Hightower will further heighten the strong existing focus on long-term wealth preservation and lifestyle management.

“Too often, other firms may try to fit pro athletes into their own templates and models instead of working from the perspective of the athlete-client first,” said Hayes. “CSC was founded with the goal of changing that, asking ourselves ‘What does our client want, first and foremost, and how can we best help them achieve that?’ To that end, bringing on Ray Allen, Jamey Carroll, Barry Larkin, and David West – men of incredible accomplishment and character – as co-founders was integral to our vision.”

“This addition reflects our commitment to deepening MAI’s presence in Cincinnati and building on our strong foundation here,” said Ed Kuresman, Regional President & Market Leader at MAI. “It’s also a key step in the growth of our Sports & Entertainment business, which has expanded from Cleveland to several key markets, now including Cincinnati.”

Drawing on its heritage and history spanning back to 1973, MAI's Family Office is committed to client advocacy and its fiduciary responsibility. With a dedication to serving clients and its communities, MAI provides a single point of contact approach to wealth management. MAI offers tailored solutions that are built to help preserve and grow wealth. Offering a sophisticated yet simplified approach, MAI works to meet clients’ financial needs with precision, care, and an unwavering dedication to their long-term success.

Hayes added: “Joining MAI enables us to strengthen and scale that commitment, providing access to deeper resources, specialized expertise, and an entire team dedicated to helping our clients preserve their wealth and legacy for generations. It’s cool to think that we’re now part of the firm that began when Mark McCormack offered to help Arnold Palmer with his endeavors off the course, allowing him to focus on his golf. We are committed to continuing this tradition today, offering that sense of peace to professional athletes across all sports.”

“Our focus remains on leveraging both strategic acquisitions and organic developments to assemble a stellar team that is distinctly attuned to the needs of the families we serve,” added Rick Buoncore, Executive Chairman at MAI. “We believe that Jon and Tim will be highly additive in this regard, bringing invaluable expertise in helping athletes and sports professionals navigate their careers and personal trajectories. Their knowledge and experience make them a tremendous asset to both our team and our clients.”

This strategic move further strengthens MAI’s leadership in providing financial planning, investment management, and concierge-style services tailored to the needs of sports professionals. Since its inception, MAI has earned a reputation as a trusted partner in the professional athlete space, advising 16 Hall of Famers (as of 12/31/24), executives, and clients across 13 professional sports leagues, and more than 100 first-round picks. The firm specializes in wealth management, investment advisory, estate planning, and more, providing clients with tools and guidance they need to make more informed decisions and to help establish lasting financial security.

Terms of the deal are not disclosed. For more information on MAI, please visit MAI’s website.

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 is headquartered in Cleveland, OH with 31 offices across the United States, a team of over 500 people, and, as of December 31, 2024, $32.2 billion in total assets including $29.0 billion in assets under management and $3.2 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250401592530/en/