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.”