EP Wealth Advisors cooperates with a Seattle company
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The acquisition of the Kirkland team expands EP Wealth’s presence to 5 locations in Washington state
TORRANCE, Calif .– (BUSINESS WIRE) – EP Wealth Advisors, LLC (“EP Wealth”), an independent registered investment advisor (“RIA”) dedicated to providing individual advice to clients through integrated financial planning and investment management, as well as tax and investment advice Estate Planning, announces the acquisition of a new team in Kirkland comprised of four consultants and three employees previously associated with Soundmark Wealth Management. The acquisition adds a new location in Kirkland to EP Wealth’s presence in the Puget Sound region, along with previous offices in Seattle, Vancouver, Mt. Vernon and Friday Harbor.
Led by Todd Flynn, CPA, CFP®, and John Buller, CPA, the team prides itself on using a sound investment philosophy and straightforward approach to financial planning with the aim of providing clients with a worry-free investment experience. In addition to financial planning, the law firm specializes in tax planning services. Flynn and Buller, both Principals and Senior Advisors at Soundmark Wealth Management, will assume the positions of Senior Vice President and Senior Wealth Advisor, respectively. Two additional advisors and three support staff will complete the list for EP Wealth’s new Washington State office.
“We are very excited about the talent and experience that EP Kirkland brings to our company’s presence in the Pacific Northwest,” said Patrick Goshtigian, CFA, President and CEO of EP Wealth. “Todd, John and their team members’ advisor-client philosophies are a perfect match for EP Wealth’s core values.”
“I’m passionate about building deep and lasting relationships with customers,” added Flynn. “Helping clients achieve their goals is what I love most about my job. Our ability to provide this guidance and support is only enhanced by the extensive resources now available to me, John and our team by joining EP Wealth. ”
“We saw great value in joining a larger company with a growing presence in Washington state,” said Buller. “This partnership leads our employees and customers on a long-term path to success.”
The merger marks EP Wealth’s 21st transaction in a five-year period in the company’s strategic growth. Since EP Wealth acquired a minority stake in Wealth Partners Capital Group in July 2017, EP Wealth has partnered with companies in California, Washington, Colorado, Arizona, Illinois, Texas and Utah. In 2021, the company acquired Homewood Capital Management’s business in Danville, California; Abbas Heydari, CFP®, a Torrance, Calif. Based advisor; New Focus Financial Group, an RIA with offices in Vancouver, Washington and San Mateo, California; and solid financial management with offices in Mt. Vernon and Friday Harbor, Washington. EP Wealth also saw significant organic growth year over year and plans to increase its workforce by 2022.
The acquisition closed on December 28, 2021 and will add more than $ 482 million to EP Wealth’s assets under management. Financial and legal terms of the transaction will not be disclosed.
About EP Wealth Advisors
EP Wealth Advisors, LLC (“EP Wealth”) is a fee-paying registered investment advisor and financial planning company based in Torrance, California; with offices in Los Angeles, Orange County, California; the San Francisco Bay Area, San Diego, Portland, Oregon; Seattle, Phoenix, Denver, Salt Lake City, Dallas, and Chicago. The company has more than $ 13.3 billion in assets under management as of September 30, 2021, providing customized financial planning and investment management services to individuals and businesses. EP Wealth is led by Co-Founders and Directors Derek Holman, CFP®, AIF®, Brian Parker, CFP®, and President and CEO Patrick Goshtigian, CFA®. More information is available at www.epwealth.com.
About the Wealth Partners Capital Group
Wealth Partners Capital Group (“WPCG”) is a financial services holding company that has partnered with EP Wealth Advisors (“EP Wealth”). WPCG supports EP Wealth by identifying and integrating like-minded registered investment advisors looking for access to advanced business capabilities, strategic growth and tailor-made transition solutions. The WPCG management team is led by partners John W. Copeland, Rich Gill and Sean Bresnan. More information is available at www.wealthpcg.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220106005563/en/
Media:
Rocco aloe
Gregory FCA for EP Wealth
[email protected]
610-860-2075
Source: EP Wealth Advisors, LLC