EP Wealth Advisors, the California-based fee-only RIA, has enhanced its team with two new additions in the San Diego region.
Joining the firm as senior vice presidents, Joe Palumbo and Adam Fein are noted for their expertise in financial management for sports professionals and high-net-worth clients.
This strategic addition aligns with EP Wealth's goal to extend its specialized tax, estate planning, and investment management services across its US locations, including a close link with the firm's Utah offices.
Previously part of RBC Wealth Management, Palumbo and Fein have brought their considerable experience from their roles within the Sports and Entertainment Practice Group to EP Wealth.
At their advisory practice at RBC, they managed assets for top-tier athletes at the college and pro levels, including recent NFL draft picks, seasoned NFL players, and a UFC champion.
"Joe and Adam share our vision of enriching lives by understanding and addressing the unique needs of athletes and other high-net-worth individuals," Ryan Parker, CEO of EP Wealth Advisors, said in a statement.
“Like our entire company, they have a growth mindset and entrepreneurial spirit, focusing on delivering excellent advice and service to clients,” he said.
At EP Wealth, Palumbo and Fein are poised to leverage the firm's comprehensive resources, enhancing their ability to serve current and prospective clients effectively.
"Serving clients has always been our focus, and joining EP allows us to offer existing and new clients a breadth of exceptional offerings that significantly impact their financial lives," shared Palumbo, who’s been registered with Finra for 10 years.
His experience serving the sports industry includes a specialization in contract advising, banking, legal work, and financial advice.
“EP’s national presence and resources in all aspects of planning, including trust, estate, investment and more means we can help more individuals and families,” added Fein, who also has a 10-year record with Finra and a deep background in the banking industry.
As of the end of March 2024, EP Wealth Advisors managed $22.9 billion in assets for individuals and businesses across more than 30 offices in 12 states.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
