For Immediate Release: January 3, 2023 – San Diego, CA –
We are thrilled to join forces with the teams from Davis & Seiley Wealth Management.
HoyleCohen, LLC (“HoyleCohen”), a wealth management firm based in San Diego, California, is pleased to announce the closing of a transaction with Davis & Seiley Wealth Management, Inc. (“Davis & Seiley”), a registered investment adviser (“RIA”) formerly located in La Mesa, California. As of 1/1/2023 the Davis & Seiley teams will service clients from the HoyleCohen headquarters in San Diego, CA.
As a result of this transaction, Davis & Seiley will gain access to the expertise and operational strengths of HoyleCohen, which are many. HoyleCohen will gain an experienced team in both wealth and investment management that is dedicated to providing clients with high-touch, personalized service.
“I have admired HoyleCohen as an excellent fiduciary wealth manager for some time now and could not be more thrilled to be joining their team,” said Marc Davis, Founder and President of Davis & Seiley. “We expect this transaction to enhance the services and resources we can offer our clients, and to provide our team with more opportunities to grow professionally while having a continued presence in our community.”
HoyleCohen CEO and Senior Managing Director Mark Delfino added, “Marc Davis and I first met over a decade ago. I have seen the passion Marc, Joe and their team bring to their business, as well as their relentless devotion to their clients. Having Davis & Seiley join us will help us not only expand our presence in the San Diego area, but also add talented professionals and a strong base of clients to our growing team.”
This marks HoyleCohen’s fifth transaction since Mark Delfino joined in 2007. According to Delfino, “Our industry is amidst a historic consolidation. The pandemic – which changed much of the way the industry works – has underscored the value of scale, a robust infrastructure and a great culture. We’ve grown substantially in capability and size in the past decade. As a result, we are an increasingly attractive partner for like-minded firms who want to leverage our capabilities and offload many management and operational tasks so they can focus on what they love most and do best.”
About HoyleCohen, LLC
HoyleCohen offers comprehensive wealth management services, including investment management as well as retirement, estate, tax, insurance and legacy planning. HoyleCohen’s holistic approach and deep expertise help clients make well-informed decisions and address a myriad of wealth-related needs throughout their lifetimes. HoyleCohen’s investment platform offers clients unique combinations of strategies depending on their circumstances and preferences.
Cautionary Note Concerning Forward-Looking Statements
This release contains certain forward-looking statements that reflect HoyleCohen’s current views with respect to certain current and future events. These forward-looking statements are and will be, subject to many risks, uncertainties and factors relating to HoyleCohen’s operations and business environment. Any forward-looking statements in this release are based upon information available to HoyleCohen on the date of this release. HoyleCohen does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could affect HoyleCohen may be found in filings with the Securities and Exchange Commission made by Focus Financial Partners (of which HoyleCohen is a partner firm).
Media Contact
Theresa Wolner
Marketing & Client Communications
HoyleCohen, LLC
P: (858) 573-7300
