Moses Ma Group Partners (MMGP) was officially established in April of 2001. The firm traces its history to the 1995 formation of the Securities Practice, a specialized consulting division, within the acclaimed Mitchell Madison Group. Dr. Moses Ma led the Securities Practice to become a group of highly experienced consultants working for some of the most respected firms around the globe, including four of the top six bulge-bracket U.S. investment banks.

In 1999, Mitchell Madison Group was acquired by USWeb/CKS and subsequently by Whitman-Hart to form MarchFIRST. Here, the Securities Practice was renamed the Global Securities Practice in recognition of its global reach. The team's success rivaled that of the financial consulting practice at McKinsey and attracted several acquisition offers from top tier management consulting firms such as the Boston Consulting Group, Bain & Co., and Booz Allen Hamilton. Dr. Ma declined these offers, preferring to keep the team intact. The Global Securities Practice continued to perform under the MarchFIRST umbrella, achieving revenues of $16 million in both 1999 and 2000.