People Moves

Ex-Wells Fargo Team Launches Cincinnati Wealth House

Editorial Staff, June 10, 2022

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The team managed a total of $1.4 billion in client assets at their previous business.

A group of former Wells Fargo figures in Cincinnati have created a new wealth management business, partnering with Dynasty Financial Partners.

The new firm, DayMark Wealth Partners, previously managed $1.4 billion in client assets. The founders include two executives, Mike Quin and Steven L Satter who is general counsel, and five financial advisors: Robert E Prangley, II, P J Boland, Jason M Beischel, Mike Larison, and Daryl J Demo. The total number of staff is 14 professionals. 

“We fully expect to acquire like-minded teams who understand that their primary concern is their clients, and we want to help them execute that client experience at a higher level,” Quin said.

Shirl Penney, Dynasty’s CEO, said: “We anticipate that DayMark will grow fast both organically and inorganically and we believe they are the type of firm that represents the wealth management boutique of the future."

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