ST. PETERSBURG, Fla.--(BUSINESS WIRE)--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 team includes Kimberly Fitzgerald (Senior Director - Client Relations), Jacquelyn Gibbons (Director - Client Relations), and Karen Suskowicz (Director - Client Relations).
The Compass Group of DayMark, previously at Wells Fargo Advisors, has combined experience of over 150 years and looks after more than $1.0 billion in client assets. The Compass Group advises multiple generations of families, retirement plans, endowments, and institutions.
Driven by a strong and abiding commitment to service, Compass Group chose independence to provide customized investment planning, personalized advice, institutional consulting, and portfolio management to better help their clients meet their unique needs and achieve their goals.
“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,” Rodney Twells stated.
“Having spent over two years studying and interviewing other firms, we concluded that this business structure provides us the best opportunity and most flexibility to serve our clients' unique investment needs,” Andy Sikorovsky commented. “The ability to select Fidelity Investments as a national partner to safeguard client assets is another benefit to our move.”
Joe Schmidt said, “The ability to customize investment solutions and serve clients in a true open architecture environment were attributes we required when making this decision.”
“My partners at DayMark and I are proud to partner with the Compass Group,” remarks Mike Quin, Founder at DayMark Wealth Partners. “We continue to believe that our firm and our model is a landing pad for elite teams and their clients. They are a tremendous group of professionals and even better people.”
Earlier this year, DayMark Wealth Partners announced another large breakaway advisor team that joined the firm.
“We are excited to welcome another veteran wealth management team to DayMark Wealth Partners,” comments Dynasty’s CEO, Shirl Penney. “The model that Mike Quin and his team are building clearly resonates with billion-dollar breakaway advisors and we look forward to continuing supporting them in their growth.”
DayMark Wealth Partners is an RIA based in Cincinnati, Ohio rapidly approaching over 2.5 billion in assets under management with this acquisition. DayMark is a member of the Dynasty Financial Partners’ Network of independent financial advisory firms.
Bios
T. Rodney Twells, CFA®
Managing Partner
With over 30 years of experience in investment planning and hands-on portfolio management, Rodney Twells helped found the Compass Group of DayMark Wealth Partners in 2023. Throughout his career, Rodney has worked closely with clients and collaborated with colleagues to create and deliver well-constructed financial strategies that are developed through comprehensive planning, personal attention, and sound judgment.
Rodney was a founding member of the Compass Group of Wells Fargo Advisors, forming the team with two advisors in 1998. Rodney began his career in 1990 in the trust department, then later in the institutional asset management group of a large Cleveland bank. In 1997, he joined Chicago-based Everen Securities, a predecessor of Wells Fargo Advisors.
Rodney earned his bachelor’s degree from Skidmore College in Saratoga Springs, New York. He went on to earn a Master of Business Administration from Case Western Reserve University’s Weatherhead School of Management. Concurrent with his post-graduate work, Rodney obtained the globally recognized Chartered Financial Analyst® (CFA®) designation. The CFA program involves rigorous training and examination, focused primarily on investment research and portfolio management. Rodney is a member in good standing of the CFA Institute, as well as the Cleveland Society of Securities Analysts.
Andrew Sikorovsky
Managing Partner
Andy Sikorovsky approaches “serving the client” as not just words. He lives this principle in his everyday interaction with our clients. Andy helps clients succeed by understanding their unique needs and developing individualized solutions based on sound judgment using time-tested asset allocation principles and portfolio structure. He is there for clients, reaches out proactively, and alerts them of fleeting opportunities or potential pitfalls. Andy is responsible for managing client relationships and portfolio management and leads the institutional and retirement plan practices.
With over 35 years of experience in the investment industry, Andy began his career in 1988 with Ameritrust Company, which in time merged into Key Corporation, where he was promoted to Managing Director of Key’s Victory Capital Management division. Later in his career, Andy served as a Vice President at Stein Roe Investment Council and as a Director with SG Cowen Asset Management before joining Compass Group of First Union Securities in 2003, which later became Wells Fargo Advisors.
Joseph Schmidt
Managing Partner
Joe Schmidt believes in serving clients first and works to build successful long-term relationships. He specializes in portfolio management, technical research and analysis, insurance, annuities, lending solutions, and retirement planning. To fully understand his clients' needs, he uses a personalized planning process that is guided by his extensive experience and supported by exceptional service.
With nearly 30 years of prior investment experience, Joe co-founded Compass Group of DayMark Wealth Partners in 2023. He began his investment career in 1993 when he joined Kemper Securities, a predecessor firm of Wells Fargo Advisors. In 2003, he partnered with Compass Group of First Union Securities and remained there until leaving to form Compass Group of DayMark.
Joe earned his bachelor’s degree from John Carroll University and was inducted into the university’s Athletic Hall of Fame in 2000.
Disclosures
Chartered Financial Analyst® (CFA®) Disclosure: CFA® designates an international professional certificate that is offered by the CFA Institute. The Chartered Financial Analyst® (CFA®) charter is a globally respected, graduate-level investment credential established in 1962 and awarded by CFA Institute — the largest global association of investment professionals. There are currently more than 178,000 CFA® Charterholders working in over 170 countries and regions. To earn the CFA® charter, candidates must: (1) pass three sequential, six-hour examinations; (2) have at least four years of qualified professional investment experience; (3) join CFA Institute as members; and (4) commit to abide by, and annually reaffirm, their adherence to the CFA Institute Code of Ethics and Standards of Professional Conduct. For more information, please visit https://www.cfainstitute.org/en/.
About Dynasty
Dynasty is a provider of technology-enabled wealth management solutions and business services for financial advisory firms primarily focused on serving high net worth and ultra-high net worth clients. Dynasty provides access to a comprehensive platform of software and technology tools, business services and holistic investment management capabilities through an open-architecture platform delivered via a suite of proprietary and third-party technologies. Dynasty’s technology, tools and services provide advisory firms the supported independence to launch their business, scale their operations and grow their firms — both organically and inorganically — while also allowing them to be more focused on and better equipped to serve their clients. Dynasty’s platform and offering have won multiple awards in recent years.
For more than a decade, Dynasty has championed the benefits of independent wealth management for high net worth and ultra-high net worth clients and has contributed to the movement of assets from traditional brokerage channels to the independent channels of wealth management. As Dynasty is becoming a recognized industry leader, Dynasty has differentiated itself by developing competitive strengths, including a deep understanding of and strong relationship with its clients, a comprehensive offering of services and technology-enabled solutions, the ability to leverage its size and breadth to invest, the flexibility and seamlessness enabled by a modular technology solution, the entrepreneurial culture and experienced and committed management team. Dynasty is committed to continually growing its business by facilitating existing advisory firm clients’ growth, onboarding new clients, increasing the clients’ use of its broader capabilities, launching additional solutions and carrying out complementary acquisitions.
For more information, please visit www.dynastyfinancialpartners.com.
Also visit Dynasty on social media:
LinkedIn: https://www.linkedin.com/company/dynasty-financial-partners
Twitter: @DynastyFP
Youtube: http://bit.ly/1MKXhC8
