DayMark Wealth Partners announced today that T. Rodney Twells, Andrew Sikorovsky and Joseph Schmidt have joined the firm as the Compass Group of DayMark Wealth Partners.
The Compass Group team was previously at Wells Fargo Advisors and works with more than $1 billion in client assets, according to a statement by Dynasty Financial Partners, a technology and service platform for financial advisors looking to start their own RIAs. DayMark Wealth Partners uses Dynasty's services, according to the companies.
Cincinnati, Ohio-based Daymark is a registered investment advisor that was formed last year and has $907 million in assets, according to its Form ADV. Six of the founders of Daymark Wealth Partners listed on the firm's website were registered with Wells Fargo until last year.
"Becoming truly independent, teaming with DayMark Wealth Partners and Dynasty Financial Partners allows us to focus directly on serving client needs today and in the future," Twells said in the statement.
Dynasty Financial Partners said this month it was launching an investment bank that’s geared toward supporting merger and acquisition activity in the financial advisory space.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
