Wealth Management Firms Merge

San Francisco’s Kochis Fitz, an independent wealth management firm, has agreed to merge with Los Angeles-based Quintile Wealth Management as of Jan. 1, the companies announced Monday.

The combined firm, to be known as Kochis Fitz/Quintile until a new name is found, will be the largest independent wealth management and family office business in California and among the three largest in the nation, company officials said. Headquartered in San Francisco, the new company will manage or advise on more than $5 billion in assets.

“Both firms are passionately dedicated to providing our clients with conflict-free advice, and with this merger, we have formed an ownership structure that permits us to sustain our independence indefinitely,” said Tim Kochis, co-founder and chief executive officer of Kochis Fitz.

Kochis will serve as CEO of the merged firm until mid to late 2009, when Rob Francais, CEO and co-founder of Quintile, will succeed him.

The firm also named 18 new principals from both Kochis Fitz and Quintile as equity participants, giving the company 32 employee-owners.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Students in an after-school community hub move quickly through a social circle as they play a game at the Mission YMCA on Friday, May 7, 2021. (Kevin N. Hume/S.F. Examiner)
Parents scramble for ‘Summer Together’ spaces

City program offering free camps sees high demand, confusion over enrollment

The San Francisco Giants celebrate team legend Willie Mays' 90th birthday before taking on the San Diego Padres at Oracle Park on May 7, 2021 in San Francisco, California. (Photography by Chris Victorio | Special to the S.F. Examiner).
Willie Mays returns to the ballpark for a special birthday bash

Giants celebrate No. 24’s 90th in an intimate party for a few thousand friends

Legislation introduced by Assemblymember Phil Ting has expanded the range of people who can request a gun violence restraining order against someone. (Kevin N. Hume/S.F. Examiner)
Use of gun violence restraining orders continues to rise

For the fourth year in a row, the number of gun violence… Continue reading

The Port of San Francisco, which controls much of the The City’s waterfront, faces potential layoffs due to a financial crisis caused by the pandemic. 
Steven Ho/
Special to S.F. Examiner
In a financial ‘crisis,’ SF Port officials lobby for stimulus funding

Looking to right their financial ship, Port of San Francisco officials are… Continue reading

Police Chief Bill Scott on Wednesday said a rebranding and reoganization of the former Gang Task Force amounts to “more than just the name change.” (Kevin N. Hume/S.F. Examiner)
Faced with surge in shootings, Chief Scott reenvisions SFPD’s Gang Task Force

New Community Violence Reduction Team adds officers with community-policing experience

Most Read