EP Wealth Advisors Enhances National Presence
EP Wealth Advisors, a prominent fee-only registered investment adviser, is excited to announce its recent acquisitions of Gather Financial Planning and Riley Private Client, LLC. This strategic move marks a significant milestone for EP Wealth, contributing over $240 million in assets under management (AUM). As the firm continues to grow, these acquisitions will enhance EP Wealth's ability to serve its clients across the country.
Impact of the Acquisitions
The addition of Gather Financial Planning, based in Maine, and Riley Private Client from Texas, will allow EP Wealth to broaden its reach and offerings. Ryan Parker, CEO of EP Wealth Advisors, emphasized this expansion allows the firm to stay aligned with its mission: enriching lives through comprehensive financial guidance.
Gather Financial Planning's Integration
Gather Financial Planning, co-founded by Michael Goldman and Abby Morton, emphasizes a collaborative approach to financial planning. With a strong focus on aligning clients' financial aspirations with life goals, this firm will add valuable expertise within Northern New England. Goldman, alongside a dedicated team of five professionals, will transition into the role of vice president and advisor at EP Wealth, further enhancing the firm’s expertise.
Riley Private Client's Transition
In Texas, Riley Private Client has been guided by Doug Jones since the loss of its founder. Joining EP Wealth as vice president and advisor, Jones brings a wealth of experience and an existing client relationship associate. This integration reflects EP Wealth’s strategy to consolidate high-quality service while nurturing legacies within the communities they serve.
Strategic Growth and Future Goals
In 2024 alone, EP Wealth has successfully completed seven acquisitions, reinforcing its position as a significant player in the financial advisory sector. The firm currently manages more than $1.2 billion in the North Texas region alone, complemented by its robust network of over 37 offices across 13 states. The introduction of Gather Financial and Riley Private Client aligns with EP Wealth's aim to offer personalized, boutique-style advisory services, fortified with comprehensive resources.
About EP Wealth Advisors
Based in Torrance, California, EP Wealth Advisors has established itself as a leading fee-only registered investment adviser. With a legacy of 25 years in the industry, the firm manages approximately $28.9 billion in assets as of September 30, 2024. The leadership team, comprising CEO Ryan Parker and co-founders Derek Holman, CFP® and Brian Parker, CFP®, together with Executive Chair Patrick Goshtigian, CFA, ensures a client-centric approach to financial, tax, and estate planning services.
Firm's Vision
EP Wealth’s mission revolves around providing impactful financial guidance while fostering enduring relationships with clients. This philosophy is reinforced through innovative strategies and personalized services tailored to individual client needs.
Frequently Asked Questions
What is the significance of EP Wealth Advisors' recent acquisitions?
The acquisitions of Gather Financial Planning and Riley Private Client, LLC contribute over $240 million in AUM and broaden EP Wealth's service offerings.
How will clients benefit from these new partnerships?
Clients will gain access to enhanced resources, personalized financial services, and a collaborative approach to achieving their financial goals.
Who are the key figures associated with Gather Financial Planning?
Gather Financial was co-founded by Michael Goldman and Abby Morton, with Goldman transitioning to EP Wealth as a vice president.
What regions will EP Wealth expand into with these acquisitions?
EP Wealth will strengthen its presence in Northern New England and Texas through these acquisitions.
How long has EP Wealth Advisors been in operation?
EP Wealth Advisors has a rich history of 25 years in providing financial advisory services across the country.
