Key Takeaways
- • DayMark Wealth Partners announced the final close of DayMark Fund I in partnership with Opto Investments, a growth-focused vehicle designed to support the firm's expansion strategy and acquisition activity.
- • The firm has grown from $1.4 billion in assets under management at launch in 2022 to over $6 billion as of June 2026, driven by strategic acquisitions and team hires across multiple states including Ohio, Illinois, Connecticut, Florida, and Utah.
- • DayMark received a minority investment from Constellation Wealth Capital in December 2025, providing growth capital to accelerate its breakaway RIA expansion model and geographic diversification.
- • The firm completed a significant recruitment in June 2026, adding an $820 million advisory team from Morgan Stanley, bringing total AUM above the $6 billion threshold and establishing further presence in Ohio.
- • DayMark's partnership with Opto Investments signals institutional backing for private markets and alternative investment capabilities, positioning the RIA to compete with larger platforms offering diversified investment solutions to high-net-worth clients.
Summary
DayMark Wealth Partners, a Cincinnati-based registered investment advisor founded in 2022, announced the final close of DayMark Fund I in partnership with Opto Investments. The fund represents a strategic vehicle to support the firm's rapid growth trajectory and continued acquisition strategy within the independent RIA space. The partnership with Opto Investments brings institutional-grade private markets and alternative investment capabilities to DayMark's client base of high-net-worth individuals and families.
The firm has executed an aggressive growth strategy since its inception four years ago. DayMark launched in 2022 with a seven-person team and $1.4 billion in assets under management. As of December 2025, the firm reported $5.04 billion in AUM, and by June 2026, surpassed $6 billion following the recruitment of an $820 million advisory team from Morgan Stanley. This growth has been achieved through a combination of strategic acquisitions, team hires, and geographic expansion across Ohio, Illinois, Connecticut, Florida, Utah, and Park City.
In December 2025, DayMark secured a minority investment from Constellation Wealth Capital, providing growth capital to fund continued expansion. This institutional backing underscores investor confidence in the firm's breakaway RIA model and its ability to attract experienced teams from larger wirehouses. The capital injection has enabled DayMark to accelerate acquisitions and build scale while maintaining an independent operating structure focused on client service.
The DayMark Fund I partnership with Opto Investments reflects broader industry trends toward consolidation within the RIA space and the increasing importance of alternative investment access for affluent clients. By establishing a dedicated growth fund, DayMark positions itself to compete with larger platforms while maintaining the operational flexibility and client focus characteristic of independent advisors. The fund structure supports both organic growth initiatives and inorganic expansion through strategic acquisitions of advisory teams and practices.
DayMark's trajectory exemplifies the competitive dynamics reshaping wealth management, where venture-backed and strategically capitalized independent firms are recruiting experienced teams directly from wirehouses. The firm's combination of institutional capital, alternative investment partnership, and demonstrated acquisition execution capabilities positions it as a significant player in the ongoing consolidation of the RIA industry.
The firm has executed an aggressive growth strategy since its inception four years ago. DayMark launched in 2022 with a seven-person team and $1.4 billion in assets under management. As of December 2025, the firm reported $5.04 billion in AUM, and by June 2026, surpassed $6 billion following the recruitment of an $820 million advisory team from Morgan Stanley. This growth has been achieved through a combination of strategic acquisitions, team hires, and geographic expansion across Ohio, Illinois, Connecticut, Florida, Utah, and Park City.
In December 2025, DayMark secured a minority investment from Constellation Wealth Capital, providing growth capital to fund continued expansion. This institutional backing underscores investor confidence in the firm's breakaway RIA model and its ability to attract experienced teams from larger wirehouses. The capital injection has enabled DayMark to accelerate acquisitions and build scale while maintaining an independent operating structure focused on client service.
The DayMark Fund I partnership with Opto Investments reflects broader industry trends toward consolidation within the RIA space and the increasing importance of alternative investment access for affluent clients. By establishing a dedicated growth fund, DayMark positions itself to compete with larger platforms while maintaining the operational flexibility and client focus characteristic of independent advisors. The fund structure supports both organic growth initiatives and inorganic expansion through strategic acquisitions of advisory teams and practices.
DayMark's trajectory exemplifies the competitive dynamics reshaping wealth management, where venture-backed and strategically capitalized independent firms are recruiting experienced teams directly from wirehouses. The firm's combination of institutional capital, alternative investment partnership, and demonstrated acquisition execution capabilities positions it as a significant player in the ongoing consolidation of the RIA industry.
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