MAI

GENAI SUBSIDIARY ENTERS FRAMEWORK SERVICES AGREEMENT

Retrieved on: 
Wednesday, March 13, 2024
Cloud, GPU, The Service, MAI, Provider, Graphics processing unit, Service, OTCQB, Generative, Video game

VANCOUVER, BC, March 13, 2024 /PRNewswire/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) is pleased to announce that its wholly-owned subsidiary, MAI Cloud Solutions Inc. ("MAI Cloud"), has entered into a framework services agreement dated March 7, 2024 (the "Services Agreement") with a Cloud, GPU ("Graphics Processing Unit") and AI Infrastructure services provider (the "Provider"), pursuant to which, the Provider has agreed to, among other things, provide the deployment of GPU infrastructure as a service (the "Service") to MAI Cloud for a period of five years (the "Initial Term"), subject to the terms and conditions of the Services Agreement.

Key Points: 
  • VANCOUVER, BC, March 13, 2024 /PRNewswire/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) is pleased to announce that its wholly-owned subsidiary, MAI Cloud Solutions Inc. ("MAI Cloud"), has entered into a framework services agreement dated March 7, 2024 (the "Services Agreement") with a Cloud, GPU ("Graphics Processing Unit") and AI Infrastructure services provider (the "Provider"), pursuant to which, the Provider has agreed to, among other things, provide the deployment of GPU infrastructure as a service (the "Service") to MAI Cloud for a period of five years (the "Initial Term"), subject to the terms and conditions of the Services Agreement.
  • Pursuant to the Services Agreement, the Provider is expected to complete the deployment of the full GPU infrastructure in several stages, over a period of 36 months from the date of the Services Agreement (the "Effective Date") and will deliver AI Infrastructure as service to MAI Cloud for a period of 60 months from each stage services activation date.
  • Entering into the Services Agreement is a step forward in GenAI's engagement in diversified AI operations, and GenAI anticipates reselling a significant portion of the compute time on the GPUs provided under the Services Agreement to third parties at market rates, creating a diversified revenue stream for GenAI to complement its existing business lines.
  • The actual revenue to be realized by GenAI in respect of the Services Agreement is subject to the value, manner and type of resale arrangement in respect of the Services to be provided by GenAI to third parties.

MAI Capital Management Acquires LWS Wealth Advisors

Retrieved on: 
Monday, March 4, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, Acquisition, Marketing, LWS, HR, MAI, Region, Financial services

MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, today announced the acquisition of LWS Wealth Advisors (“LWS”).

Key Points: 
  • MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, today announced the acquisition of LWS Wealth Advisors (“LWS”).
  • The firm offers comprehensive financial planning, asset management, and family office services designed to simplify its clients' evolving and complex needs.
  • “For more than a decade, LWS has provided personalized solutions to clients covering all aspects of their financial lives,” said Rick Buoncore, Managing Partner at MAI.
  • As part of MAI, Lance Lipset, Founder and Managing Principal of LWS, will assume the title of Regional President.

Molecular Assemblies Announces the Appointment of Two Industry Leaders to Its Commercial-Technology Advisory Board

Retrieved on: 
Tuesday, February 13, 2024
Therapy, Sigma-Aldrich, Epigenomics, Cornell University, MAI, Bruker, Abraxis BioScience, Principal, Biotechnology, Research, General partnership, Viridos (company), NGS, St. Louis, Biophysics, Protein engineering, Doctor of Philosophy, Gen-Probe, Synthetic biology, Gene editing, Cell biology, Dicarboxylic acid, Gene, Oligonucleotide, Thermo Fisher Scientific, Genomics, Horizon Discovery, CTAB, DNA, Fine chemical

"With the deep knowledge, wisdom, and experience commercializing transformative life science products, the CTAB enables Molecular Assemblies to identify emerging opportunities and trends in the life sciences industry that can be solved with our breakthrough nucleic acid-based products," said Larry Stambaugh, Board Chair of Molecular Assemblies.

Key Points: 
  • "With the deep knowledge, wisdom, and experience commercializing transformative life science products, the CTAB enables Molecular Assemblies to identify emerging opportunities and trends in the life sciences industry that can be solved with our breakthrough nucleic acid-based products," said Larry Stambaugh, Board Chair of Molecular Assemblies.
  • "Molecular Assemblies is helping accelerate the life science industry by removing one of the largest bottlenecks in R&D – the availability of long, pure, accurate oligonucleotides," said Todd C. Peterson, Ph.D., CTAB Chair and MAI Board Director.
  • He is currently Founder and Principal at GenApex Bio, a life sciences Board service and advisory practice.
  • His extensive experience includes leadership roles at Sigma-Aldrich and Genome Systems, where he made significant contributions to the genomics field.

BBG Appoints Financial Services Industry Leader Barrett Scruggs as Chief Revenue Officer

Retrieved on: 
Monday, February 12, 2024
Bronze Star Medal, Growth, Columbia Business School, MAI, BBG, MBA, CCIM, Army Ranger School, Management

DALLAS, Feb. 12, 2024 /PRNewswire/ -- BBG, one of the nation's largest independent commercial real estate services firm and the industry's first bundled service provider, today announced the appointment of financial services industry leader Barrett Scruggs as Chief Revenue Officer, a new position at the firm.

Key Points: 
  • DALLAS, Feb. 12, 2024 /PRNewswire/ -- BBG, one of the nation's largest independent commercial real estate services firm and the industry's first bundled service provider, today announced the appointment of financial services industry leader Barrett Scruggs as Chief Revenue Officer, a new position at the firm.
  • In his latest role, Mr. Scruggs will lead and manage BBG's revenue generation efforts, and enhance overall operational efficiency between service lines.
  • Mr. Scruggs will work closely with cross-functional teams to streamline internal processes, implement best practices, and identify areas for continued improvement across BBG's operations.
  • Mr. Scruggs has a wealth of experience in operations management and business growth leadership roles in the consumer financial services sector.

A New Scientific Study by Dr. Dan Geller President of Analyticom Reveals That Beating the Market Is Neither a Skill nor Experience

Retrieved on: 
Wednesday, February 7, 2024
Behavioral economics, ETF, Science, SAN, Probability, Sell, MAI, Social science, Financial adviser

SAN FRANCISCO, Feb. 7, 2024 /PRNewswire/ -- A newly published scientific study, "Money Anxiety Theory - a Predictor of Equity's Performance" featured in the Social Science Research Publication, reveals that any person can outperform the market (S&P 500), with very high level of confidence,  without any prior experience, special skills or advanced computing capabilities.

Key Points: 
  • The study confirms that anyone can outperform the market by following proven scientific principles of behavioral finance.
  • "The new study is about the science of abundance," said Dr. Dan Geller the author of the study and President of Analyticom, a Behavioral Finance firm.
  • "Skills and experience is no longer a barrier to abundance because the new scientific study shows that anyone can beat the market scientifically and predictably."
  • The Scientifically Predictable investing model , which is based on the study, is designed for investment optimization a.k.a.

MAI Capital Management Acquires WaterStone Investment Counsel

Retrieved on: 
Monday, January 22, 2024
Banking, Asset Management, Professional Services, Finance, Region, Stone, Senior counsel, MAI, Acquisition, HR, Marketing, Financial services

MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, today announced the acquisition of WaterStone Investment Counsel (“WaterStone”).

Key Points: 
  • MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, today announced the acquisition of WaterStone Investment Counsel (“WaterStone”).
  • WaterStone is an independent investment management firm headquartered in Cincinnati and founded in 1995 by Mark Roberts and Don Brosz.
  • It provides investment management and counseling services to individuals, businesses, and foundations across a number of asset classes and investment vehicles.
  • “We are thrilled to bring the WaterStone team into the MAI fold and continue to expand our presence in Cincinnati,” said Ed Kuresman, Regional President.

MAI Capital Management Acquires Traverso Chambers Private Wealth Management

Retrieved on: 
Tuesday, January 16, 2024
Personal Finance, Asset Management, Professional Services, Finance, Region, Partnership, MAI, Insurance, Acquisition, Western concert flute, Retirement, Marketing, Financial services

MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, announced today the acquisition of Traverso Chambers Private Wealth Management (“Traverso Chambers”).

Key Points: 
  • MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, announced today the acquisition of Traverso Chambers Private Wealth Management (“Traverso Chambers”).
  • As part of MAI, its co-founders Marc Traverso and Tim Chambers will both assume the title of Regional President.
  • With over $549 million of client assets under management, the firm offers solutions spanning investment management, insurance, retirement, financial planning, and business succession planning.
  • “Having carefully explored several growth avenues, we identified MAI as the right partner for Traverso Chambers at the right time,” said Traverso.

Valbridge Property Advisors Names Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, CRE Interim CEO

Retrieved on: 
Thursday, January 11, 2024
Knowledge, Volunteering, MAI, CRE, SRA, Business development, Committee on Finance, Bishop, Interim, Admission, Leadership development, Compensated emancipation, Appraisal, Marketing, Advisory Council, Appraisal Institute, Education, Real estate

CHARLESTON, S.C, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Valbridge Property Advisors, the nation's largest independent commercial real estate appraisal firm, is pleased to announce the appointment of Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, CRE, as Interim Chief Executive Officer. With a distinguished career spanning over 35 years, Bishop brings a wealth of expertise in real estate appraisal, with a particular focus on litigation work.

Key Points: 
  • Valbridge Property Advisors, the nation's largest independent commercial real estate appraisal firm, is pleased to announce the appointment of Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, CRE, as Interim Chief Executive Officer.
  • CHARLESTON, S.C, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Valbridge Property Advisors, the nation's largest independent commercial real estate appraisal firm, is pleased to announce the appointment of Pledger M. (Jody) Bishop III, MAI, SRA, AI-GRS, CRE, as Interim Chief Executive Officer.
  • Known previously as Atlantic Appraisals, LLC and founded in 1986, it became the Valbridge Property Advisors | Charleston where Jody practices today.
  • Bishop will assume the role of Interim CEO effective January 1, 2024, overseeing the strategic direction and day-to-day operations of Valbridge Property Advisors.

Madison Wealth Management Joins MAI Capital Management

Retrieved on: 
Monday, January 8, 2024
Asset Management, Professional Services, Finance, Marketing, Entrepreneurship, Partnership, Trust, MAI, Acquisition, Retirement, HR, Region, Growth, Financial services

MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, announced today the acquisition of Madison Wealth Management.

Key Points: 
  • MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, announced today the acquisition of Madison Wealth Management.
  • “The Madison team has demonstrated not only growth and success across two major metros, but also a dedication to their communities that we at MAI share.
  • This partnership enhances and accelerates our mission as a full-service wealth management boutique passionately dedicated to our clients’ personal goals and financial lives.”
    Madison Wealth Management will receive the robust internal infrastructure that MAI extends to all acquired firms, including HR, operations, and marketing resources.
  • Madison Wealth Management joined MAI effective January 5 as MAI’s 33rd acquisition.

MAI Capital Management Acquires R. Karras Asset Management & Planning

Retrieved on: 
Thursday, January 4, 2024
Professional Services, Finance, Marketing, MAI, Acquisition, Retirement, HR, Region, Insurance, Investment, Risk management, Financial services

MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, today announced the acquisition of R. Karras Asset Management & Planning (“Karras”).

Key Points: 
  • MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, today announced the acquisition of R. Karras Asset Management & Planning (“Karras”).
  • R. Karras Asset Management & Planning, also headquartered in Cleveland, OH, has served the broader region for more than 35 years under the leadership of Founder and CEO Robert Karras, holding approximately $110 million of client assets under management.
  • They offer comprehensive financial, retirement, and estate planning, investments and asset management, risk management and insurance, and employee benefits and qualified retirement planning for businesses.
  • “We are excited to welcome the R. Karras Asset Management & Planning group to our team,” said Mark Van Drunen.