US-based registered investment advisor MAI Capital Management has hired Matt Barthel, who will join as a Managing Partner, Strategic Advisor Recruiting, the firm said.

He will be charged with driving inorganic business development initiatives to expand MAI's reach across the United States and grow the firm's network of financial advisors.

Barthel brings nearly 35 years of experience in journalism and 20 years of experience in wealth-management data operations to MAI, including roles at Barron's where he oversaw the outlet's industry-leading financial advisor rankings.

As MAI continues its nationwide expansion following its majority investment from Carlyle, Barthel will be instrumental in the firm's efforts to identify and onboard new advisor teams that share MAI's client-first culture.

Barthel will report directly to Managing Partner Jim Kacic and work alongside the firm's Business Development team to drive strategic growth in key markets, with a particular focus on advisor lift-outs.

Barthel joined MAI effective October 12, 2026.

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 42 offices across the United States, a team of over 700 people, and, as of June 30, 2026, nearly USD 80.4bn in total assets including USD 73.8bn in assets under management and USD 6.6bn in assets under advisement.