EP Wealth Advisors is expanding its Torrance, California footprint with the acquisition of local competitor, Harris Financial Advisors.
The deal marks the 13th acquisition by EP Wealth since it sold a minority ownership stake to private equity firm Wealth Partners Capital Group in July 2017.
With the addition of Harris Financial, which manages $535 million in client assets, EP has more than $9 billion in total assets under management and has completed acquisitions in California, Washington, Colorado, Arizona, Illinois, Texas and Utah.
“In partnering with EP Wealth, we are strategically furthering our commitment to our clients,” said Mary Harris, founder of the 28-year-old advisory firm.
“EP Wealth’s wide-ranging resources and comprehensive expertise in investment and financial management will add value, supporting us as we work toward achieving our clients’ financial goals,” she added.
Advisors can set their practice apart and win more business with a powerful graphic describing their unique business and value proposition.
The Labor Department's reversal from its 2022 guidance has drawn approval from crypto advocates – but fiduciaries must still mind their obligations.
With $750 million in assets and plans to hire a RIA Growth Lead, Autopilot is moving beyond retail to court advisors with separately managed accounts and integrations with RIA custodians such as Schwab and Fidelity.
Elsewhere on the East Coast, a Boca Raton-headquartered shop has acquired a fellow Florida-based RIA in "a natural evolution for both organizations."
After advising on nearly $700 million in retirement assets, 27-year veteran Greg Mykytyn is bringing his expertise in ESOP and 401(k) plans to the national RIA in Texas.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
