DayMark Wealth Partners is accelerating its geographic expansion into the high-net-worth segment by establishing a new operational hub in DeLand, Florida. The firm announced the opening of this office on October 2, marking its fourth Florida location in less than 18 months. This move integrates a specialized team led by Sidney Taylor and Jim Huster, who bring $250 million in client assets to the Cincinnati-based registered investment advisor.
Taylor and Huster Join DayMark Wealth Partners
The DeLand expansion centers on the recruitment of managing partners Sidney Taylor and Jim Huster, both former Morgan Stanley professionals. Taylor previously held roles as Senior Vice President of Wealth Management and Senior Investment Management Consultant, while Huster served as a Financial Advisor. By absorbing this team, DayMark is positioning itself to capture more complex mandates, specifically targeting multigenerational families and institutional investment consulting. The addition of $250 million in assets strengthens the firm's scale within the Florida market. This recruitment aligns with DayMark's broader strategy of utilizing experienced talent to penetrate affluent regions. The firm, which was founded in 2022, continues to leverage its membership in the Dynasty Financial Partners network to support its scaling efforts through specialized technology and business services.
Rapid Florida Market Penetration Strategy
DayMark is executing a concentrated push into the Florida wealth management landscape, establishing four offices in the state within a 1.5-year window. Following the establishment of offices in Fort Lauderdale and Stuart in June 2025, and a recent opening in Sarasota, the DeLand location serves as a strategic anchor for the firm's southeastern growth. This rapid deployment suggests a focus on capturing capital from affluent families and business owners migrating to the state. DayMark’s growth model relies on strategic acquisitions and talent onboarding across multiple states, including Illinois, Ohio, Connecticut, Wisconsin, and Utah. By targeting specific high-growth corridors, the firm is attempting to build a dense regional presence that complements its existing headquarters in Cincinnati, Ohio.
Key Takeaways
- DayMark Wealth Partners added $250 million in client assets through the recruitment of Sidney Taylor and Jim Huster.
- The new DeLand, Florida, office represents the firm's fourth Florida expansion in under 18 months.
- The incoming team specializes in multigenerational private-client services and institutional investment consulting.
FinanceInsyte's Take
In our view, DayMark’s aggressive Florida expansion signals a calculated attempt to capture the massive wealth migration currently reshaping the U.S. demographic landscape. By prioritizing the onboarding of seasoned Morgan Stanley alumni, DayMark is not just buying assets; they are acquiring the institutional credibility required to service high-net-worth families. This rapid-fire scaling—four offices in 18 months—suggests a high-conviction play on the Florida market, backed by the structural support of the Dynasty Financial Partners network to manage the operational complexities of such fast growth.
Questions & Answers
How much in client assets does this new team bring to DayMark?
The team led by Sidney Taylor and Jim Huster brings $250 million in client assets to the firm.
What specific client segments is the DeLand office targeting?
The office is focused on providing services to multigenerational families and offering investment-consulting services to institutions.
How does DayMark support its growth through the Dynasty Financial Partners network?
Through Dynasty, DayMark accesses an open architecture platform providing technology, business services, and holistic investment management capabilities.
Where is DayMark Wealth Partners headquartered?
DayMark Wealth Partners is headquartered in Cincinnati, Ohio.
Source: Dynasty
