Strategic Partnership to Fuel Ongoing Growth

DayMark Wealth Partners (“DayMark”), a rapidly growing registered investment advisor, today announced that Constellation Wealth Capital (“CWC”), an alternative asset management platform, has acquired a minority stake in the firm.

DayMark has achieved significant growth since its launch in 2022, expanding from a seven-person team with $1.4bn in assets under management (AUM) to more than $4.5bn in AUM today. The firm’s national footprint includes offices in key markets across the country, including Cincinnati, Pepper Pike, and Westlake, Ohio; Chicago, Illinois; Park City, Utah; and Southport, CT. In June 2024, DayMark expanded into Florida with offices in Fort Lauderdale and Stuart following the acquisition of an advisory team from Wells Fargo Advisors FINET channel, establishing a foothold in one of the nation’s most coveted and dynamic wealth management markets.

“The capital and strategic resources provided by CWC will allow our firm to continue on our ambitious growth path and, most importantly, extend our reach to help even more clients benefit from independent advice,” said Mike Quin, Co-Founder and Managing Partner of DayMark. “This partnership underscores our belief in the future of the industry and in DayMark as the premier landing pad for elite wirehouse breakaway teams.”

The partnership brings together a shared commitment to accelerating DayMark’s growth trajectory while continuing to deliver the unique, independent advice its clients expect and trust. With CWC’s strategic investment, DayMark gains resources to support its growth efforts across existing and future markets.

“Mike and his team have built a firm with a strong foundation and a model well-positioned to support their long-term growth objectives,” said Karl Heckenberg, President and Managing Partner at CWC. “We see strong alignment in this partnership and look forward to our collaboration with the DayMark team.”

“It’s uncommon for a firm this early in its evolution to operate with such institutional strength, yet that’s precisely what Mike and the team have achieved,” said Pat McHugh, Managing Director and Head of Investments at CWC. “Their foundation sets them up for meaningful long-term success, and we’re proud to be part of DayMark’s future.”

Houlihan Lokey and Dynasty Investment Bank served as investment banking advisors to DayMark. Simpson Thacher & Bartlett LLP served as legal counsel to CWC, and Katz Teller served as legal counsel to DayMark.

About DayMark Wealth Partners

Founded in 2022 and headquartered in Cincinnati, Ohio, DayMark Wealth Partners is a registered investment advisor serving high net worth individuals, families, and business owners. Since its founding, DayMark has pursued strategic growth through acquisitions in key markets in Illinois, Ohio, Connecticut, and Utah.

For more information, please visit https://www.daymarkwealthpartners.com

About Constellation Wealth Capital

Constellation Wealth Capital (CWC) is an alternative asset management platform dedicated to the wealth management sector. CWC provides flexible, long-term capital solutions, and strategic advisory support to scaled wealth management platforms. CWC leverages its deep industry experience and relationships for the benefit of its partner firms. Learn more at www.constellationwealthcapital.com

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