Dividend Strategy

Goal is to provide a growing stream of income and low market volatility.

The objective of the MAI Dividend Strategy is to invest in companies that produce consistent and robust dividend growth supported by growing free cash flow. The portfolio provides an above average dividend yield and is comprised of 30-40 firms, diversified across sectors and industries. The strategy focuses on generating a growing stream of dividend income while providing capital appreciation for long-term total return.

All investments are subject to risk, including the loss of principal. There is no guarantee that the investment strategy presented will achieve its intended result. Past Performance is not indicative of future results.


  • A history of dividend growth
  • Attractive returns on capital
  • Durable competitive advantages
  • Strong balance sheets

Seth Shalov

Senior Portfolio Manager, Managing Director

Seth is a Portfolio Manager on the Dividend and Managed Volatility Strategies.  He also serves as MAI’s Option Strategist providing custom option overlay solutions for our client base. He joined BC Investment Partners in 2006 which acquired MAI in 2007. Prior to MAI, Seth was the Managing Partner and Chief Investment Officer for DaVinci Capital and Chief Investment Officer for Bank of Tokyo Trust. He received his BA in Political Science from Rutgers University. Seth is currently a Blue & Gold Officer (BGO) for the U.S. Naval Academy. BGO’s serve as a volunteer field representative interviewing and guiding local prospective Naval Academy candidates.


Andrew Zalic, CFA

Portfolio Manager, Director

Andrew is a Portfolio Manager at MAI, working with the Dividend Strategy and High Income Equity Portfolio teams. He joined the firm in 2014 after earning his Bachelor of Science in Business Administration with concentrations in Finance and Investment Management from The Ohio State University. Andrew also holds the Chartered Financial Analyst® designation and is a member of the CFA Society of Cleveland.



Rick Buoncore

Managing Partner

Rick became Managing Partner of MAI Capital Management, LLC on February 1, 2007, after spearheading the acquisition of McCormack Advisors International by his prior firm BC Investment Partners.  Rick was a founding partner of BC which offered wealth advisory services including a global equity hedge fund and a long-only high quality dividend strategy.  Prior to BC, Rick was Chief Executive Officer for Victory Capital Management, a subsidiary of KeyCorp, from 1999 to 2005.  Rick graduated from Fordham University with a BS in Accounting and was inducted into the Hall of Fame.  He is a member of the American Institute of Certified Public Accounts and is an active member of Cleveland’s charitable and civic community.


Erik Huss

Institutional Business Development Officer, Managing Director

Erik is an Institutional Business Development Officer at MAI, joining the firm in 2013.  He is responsible for business development and distribution of the firm’s proprietary strategies to institutions.  Prior to MAI, Erik was a Product Manager at PNC Investments where he was responsible for the launch of online trading & investing and structured products.  Additionally, he was a Staff Sergeant in the Ohio Air National Guard where he worked in the Accounting Liaison Office. Erik earned his Associates in Applied Science from the Community College of the Air Force, his BA in Economics from Denison University and his MBA from Ashland University.  He is actively involved in his community, serving on St. Augustine’s Associate Board.


We look forward to learning about your investment goals.