Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Practice Management > Building Your Business

Organizational Changes for Aspiriant

Your article was successfully shared with the contacts you provided.

Tim Kochis, CEO of Aspiriant, the powerhouse wealth management firm formed in 2008 by the merger of San Francisco’s Kochis Fitz and Quintile Wealth Management of Los Angeles, has announced that he will be stepping down from his position effective November 1. He will be succeeded by Rob Francais, who had been Quintile’s CEO and has served as Aspiriant’s chief operating officer since the firm’s founding.

The change in roles has been expected. At the time of the merger it had been announced that Kochis would serve as CEO through the end of 2009 to be succeeded by Francais. In making the announcement Kochis noted that, “Because the merger has progressed very rapidly and the integration of the two former firms has been even more successful than we had hoped, I proposed to the Board, and they agreed, that it will be to everyone’s advantage to accelerate that transition.”

Kochis stressed that he is taking a long-planned six-month sabbatical, but is in no way retiring from the firm. He noted that after 27 years as a leader, first at Bank of America, then Deloitte & Touche, followed by Kochis Fitz and finally at Aspiriant, the time has come for a change. Following his sabbatical he plans to return to Aspiriant “to serve in a senior client service role” as well as devoting attention to business development and continuing to edit firm-wide publications and pursue writing and speaking opportunities to further build the firm’s brand. He will also assume the Chair of Aspiriant’s board of directors when he returns on May 1, 2010.

Succeeding Francais in the COO role will be Tom Tracy. Tracy was the first employee hired by Kochis Fitz in 1992 and like both Kochis and Francais began his career at Deloitte & Touche.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.