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.
First Trust models, Schwab-linked data tools and Orion transition tech headline a busy week for RIA wealthtech
The change in senior personnel occurs days after LPL Financial tapped a new head of recruiting.
Former PulteGroup and Citizens executives join the broker-dealer network after a year of senior leadership departures
Independent RIA Concurrent adds over $1B across six moves, while OnePoint BFG opens West Palm Beach with a $240M team
The mega-RIA keeps absorbing independent fiduciary firms as Cerulli data shows the fee-only segment losing asset share
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
