Two Wealth Advisors Merge

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Two of the state’s largest independent wealth advisory firms are merging in an effort to form a national firm.


The two firms, Los Angeles-based Quintile Wealth Management and San Francisco-based Kochis Fitz, said their combined assets under management will eclipse $5 billion, making the new company the nation’s biggest wealth advisory firm not owned by a bank or brokerage house.


Quintile manages the assets of 62 clients, mainly wealthy families, and has 35 employees. Kochis Fitz provides financial advice and management to about 320 corporate executives and wealthy individuals and has 33 employees.


The combined firm will be owned by 32 of the total 68 employees and will be known as Kochis Fitz/Quintile.

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