In The News
Quoted in the media
As leaders in the field of wealth management, the principals of EP Wealth Advisors are frequently called upon to offer commentary on issues related to personal finance.
April 23, 2015
Brian Parker is quoted in Advice Firms Struggle to Get Compensation Right: Study. “Finding and retaining talented people is the most challenging part of growing a firm these days,” he says. “The more you can do that organically and create a compensation plan that meets each person’s own unique situation, the better chance you’ve got to control your own future.”
April 6, 2015
In Why the Emerging Affluent Are More Likely to Be Women, Non-White and Nearing 40 Years old, Derek Holman says, “The Internet is stripping away some of the obstacles that were once on the road to financial success. Good ideas and intelligent people regardless of gender have more ways to rise up and break from the pack. They depend less on the connections from family and friends, which have been the traditional channels for wealth creation.”
April 6, 2015
Brittany Umar quotes Derek Holman in a 1:14 video, The New Look of the Emerging Affluent Is 40, Female and Non-White. More than two-thirds of the emerging wealthy are women and about one-quarter are non-white. This is due in part to the rise of the Internet, according to Derek Holman, co-founder of EP Wealth Advisors. He says with the Internet, good ideas and intelligent people regardless of gender have more ways to rise up and break from the pack.
March 20, 2015
Adam Phillips is profiled by Murray Coleman in City National FA Starts Over at Indie RIA. Regarding making a move, Investment Strategist and Advisor Phillips says, “Don’t be afraid to build new bridges. It’s hard to get out of your comfort zone, especially if you’ve been somewhere for a long time and like working with a particular group of people. I really enjoyed my team at City National, but I wanted more independence in terms of the types of products and services I could offer clients. That freedom makes all the risks worthwhile.”
March 15, 2015
In Prices for adviser practices aren’t as high as most expect, but some factors can boost value, Liz Skinner interviews Patrick Goshtigian, who says that buyers and sellers will be concerned with a good cultural fit when merging. “The most important factor to getting a deal done is the all-around culture and services the firm provides to clients,” Mr. Goshtigian said.
March 11, 2015
The JPMorgan Mid Cap Value Fund has delivered “stellar performance,” said Cristopher Moran, a portfolio manager at EP Wealth Advisors, which has owned shares of the fund for more than a decade. Moran particularly likes that Simon has minimized losses in falling markets in JPMorgan Stock Pickers Win Investor Cash to Buck Indexing Trend.
January 16, 2015
Hilary Johnson quotes Kevin Ashworth, Investment Director at EP Wealth Advisors, on how his firm helps to generate tax-free income for clients through federally tax-exempt municipal bond mutual funds, or local general obligation bonds in YOUR PRACTICE-Tips for talking munis with clients as rate hike looms.
January 13, 2015
Patrick Goshtigian and Jon Moore are profiled by Ann Marsh about EP Wealth Advisor’s acquisition of Moore Financial in After Deal, EP Wealth at $1.9 Billion AUM.
January 13, 2015
EP Wealth Advisors has acquired the Moore Financial Group, a family-owned boutique wealth management firm based in Littleton, Colo., EP Wealth Advisors announced Tuesday in EP Wealth Advisors Acquires Moore Financial.
December 2, 2014
In Why Mutual Fund Managers are Having a Bad Year, Derek Holman of EP Wealth Advisors said his firm recently moved $130 million from a pair of active large cap funds into ETFs, saying it would save clients about $650,000 in fees per year.
October 9, 2014
In EP Wealth Advisors Continues to Expand, Adds Investment Professional with a World of Experience, EP Wealth announces the newest member of their growing team, Charles Alvaré.
October 3, 2014
EP Wealth’s Kevin Ashworth was quoted in Investors fleeing Pimco find shelter in ETFs amid bond turmoil about how the firm responded to the news of Pimco CIO Bill Gross’ resignation.
October 2, 2014
In Investors Fleeing Pimco Park Money in Bond ETFs—For Now, At Least, Investment Director Kevin Ashworth reflects on the decision to sell holdings of the Pimco Total Return Fund after learning of the resignation of Pimco co-founder and CIO Bill Gross.
October 1, 2014
Within two hours of PIMCO CIO Bill Gross stepping down, Kevin Ashworth, investment director at EP Wealth Advisors said his firm sold more than $120 million of the Pimco Total Return Fund on Friday. “It made sense for us to move on for our clients’ benefit,” he said in a piece that was jointly written by journalists Kristen Grind, Chris Dieterich and Min Zeng, titled Record Investor Funds Follow Pimco Boss out the Door.
Advisor Greg Wells speaks on his experience with annuity contracts in the article Rethinking Annuities from the September issue of Advisor Solutions.
June 17, 2014
In WealthManagement.com’s When Clients Lose Mental Acuity, Cofounder Derek Holman suggests forming a family trust with a trustee that is not a beneficiary. “Otherwise, you aren’t always putting the financial interest of the client first”, said Holman.
June 11, 2014
Juliette Fairley gets EP Wealth Advisors’ Investment Director, Kevin Ashworth’s perspective in her piece, “The Secret to a Tax Free Portfolio” in MainStreet.com. Investment success is often based on pure performance, but in the long run keeping as much from taxation determines true wealth. One simple way investors can minimize taxes is by investing in funds that have historically been tax-efficient
June 4, 2014
Adam Phillips and President Patrick Goshtigian discuss Phillips’ transition to EP Wealth Advisors in Minda Smiley’s California financial adviser leaves Beverly Hills bank for RIA.
June 4, 2014
EP Wealth Advisors Welcomes New Financial Advisor Adam Phillips
June 3, 2014
In Murray Coleman’s article for Financial Advisor IQ, Need to Fire a Fund Manager? Minimize Disruption, Investment Director Kevin Ashworth weighs in on his experience with the matter, adding “Firing a manager doesn’t have to stress out a client if the move is telegraphed in advance through a proper discussion of your investment process and how it fits into each individual investor’s longer-term financial plan.”
May 19, 2014
Managing Director and co-founder Brian Parker talks about how EP Wealth Advisors stepped up its marketing efforts by mixing old strategies with new in Breathing New Life Into an Old Marketing Strategy by Anne Field.
April 19, 2014
In Elizabeth MacBride’s Saving For Your Dream Vacation, co-founder Derek Holman gives his specific recommendations on planning for a trip 5 years out.
February 22, 2014
Co-founder/Managing Director Brian Parker was ranked in Barron’s Top 1200 Financial Advisors. The list ranks the top 1% of advisors with substantial practices. Factors included are assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. See the California ranking here.
January 25, 2014
EP Wealth Advisors Co-Founder, Derek Holman provides insight on How to Choose a Financial Planner to journalist Sheryl Nance-Nash of DepositAccounts.com. “Make sure your financial advisor is objective, preferably advising you in a fiduciary capacity,” says Holman. The law requires that a fiduciary put your interests ahead of theirs.
January 21, 2014
Pro golfer Brendan Steele chooses EP Advisor and friend Greg Wells to caddy at the Farmers Insurance Open at Torrey Pines. Steele also married Wells and his wife Ali in 2010. Read the full story here.
January 10, 2014
Kevin Ashworth, EP Wealth Advisors’ Investment Director, comments on What’s Good for the Economy But Bad for Retirement? “Investors should be prudent when investing in [high risk] areas however as they do introduce risks beyond interest rate sensitivity to their portfolios,” said Ashworth.
December 3, 2013
In Owner Worries, Ben Mattlin discusses various concerns of small business owners in today’s changing economy. Derek Holman reflects on a recent experience in which he coupled a client’s business plan with a personal financial plan. The end result demonstrated “what the short- and long-term impact of utilizing different strategies can have on the business and the business owners,” he says.
Oct. 15, 2013
Journalist Ann Marsh interviewed Patrick Goshtigian on the EP Wealth Advisors’ decision to engage with Advice Dynamics Partners in order to find right-fit acquisition targets in order to achieve their desired growth. Read more.
Oct. 15, 2013
Patrick Goshtigian was interviewed by Trevor Hunnicutt for Southern California Firm Looks to Acquire. He talked about EP Wealth Advisors’ plans to expand its business by acquiring other firms.
News Release, Oct. 15, 2013
EP Wealth Advisors Expanding in Southern California
October 7, 2013
Derek Holman was quoted in Veronica Dagher’s article Being Prepared to Acquire Another Firm. Holman advises acquiring firms to be sure they know what they want in a target firm. Read more.
September 1, 2013
Brian Parker was quoted by Samantha Allen in her article Longer Lives, Higher Costs: Is Your Firm Ready, about how longer life spans affect financial advisors and their clients. Speaking about the potential for cognitive impairment as people age, Brian recommends that advisors have a plan for addressing the issue early, so that both advisor and client know how it will be handled if it should arise.
August 4, 2013
Derek Holman was quoted by Sheryl Nance-Nash in When to Start Playing it Safe with Your Retirement Savings. “Unless an unforeseen event occurs, I hardly ever recommend a client shifts a portfolio dramatically at any given time,” he said. “We age gradually, overtime, not in 10 year increments. Portfolios should be treated the same way.”
EP Wealth Advisors was featured in South Bay Magazine’s summer issue on financial advisors.
July 3, 2013
EP Wealth Advisors was listed on Financial Advisor magazines ranking of top Registered Investment Advisors.
May 12, 2013
Brian Parker was interviewed by Andrea Coombes for her Mother’s Day story Mom and Money: ‘Lessons I Wish She Had Taught Me.’ In his years working with clients, he has learned otherwise. “Defining wealth by what you see can be very misleading,” said Brian. According to him, the measure of wealth is a sense of security. “Other people may not ever know that, but does it really matter?”
News Release, May 1, 2013
EP Wealth Advisors Adds Two Professionals and Expands Regionally
April 1, 2013
EP Wealth co-founder Derek Holman and one of his business owner clients was featured in the April issue of Financial Planning magazine. Learn more about how Derek and his colleagues at EP Wealth partner with small business owner clients.
March 22, 2013
Derek Holman was quoted in Partnership Payoff: 9 Tips for Teaming Up, an article about advisors partnering, as he and Brian Parker have done, to form EP Wealth Advisors Inc. Shared values, complementary skill sets and defined responsibilities have enabled Derek and Brian to bring in Patrick Goshtigian as president, and additional advisors, expanding the firm while maintaining the commitment to client service excellence.
February 15, 2013
In How to Pick a 529 Plan, journalist Andrea Coombes discusses how financial advisors select 529 plans for their clients. Brian Parker, who was interviewed for the article, says he advises his clients to consider age-based investment – set-it-and-forget-it options that become more conservative as the beneficiary nears college age.
Derek Holman and Brian Parker were quoted in Effective Client Events, about great ways to show appreciation for clients. Journalist Ann Marsh attended the recent Distinguished Speaker Series’ evening with Caroline Kennedy, for which EP Wealth is one of the sponsors.
February 19, 2013
Brian Parker was quoted in Are You Actively Building Your Practice?, about how important it is for advisors to focus on the health and sustainability of their practices.
News Release, January, 2013
EP Wealth Advisors’ Derek Holman and Brian Parker Among the Young-and-Accomplished According to REP. Magazine Report
December 6, 2012
Derek Holman was quoted in Amy Buttell’s article, The Risks and Rewards of Muni Bonds in 2013, in this publication for financial advisors. While both corporate and municipal bonds are facing difficult fiscal headwinds, Holman pointed out that, “municipals are cheaper than corporates on a tax-equivalent yield basis and historically offer better default protection.”
Patrick Goshtigian, President of EP Wealth Advisors, was featured in this Special Report, Future View, in Financial Advisor magazine. The content was derived from a robust roundtable discussion moderated by Marie Swift and held immediately after the Tiburon CEO Summit in San Francisco in October 2012. Read Patrick’s insights on building a successful financial advisor business now.
November 30, 2012
Kevin Ashworth’s comments about the health care sector were also carried on the NASDAQ website.
November 30, 2012
Investment Director Kevin Ashworth was quoted in Stocks end November Nearly Flat; What ETFs to Buy Now about the expected performance of companies in the health care sector.
November 29, 2012
EP Wealth Co-Founders Brian Parker and Derek Holman were interviewed by John Sullivan for Keys to a Successful Rollup Strategy, about the growth strategy behind their flourishing practice.
November 27, 2012
Derek Holman and Brian Parker were interviewed by wealthmanagement.com’s Rich Santos about the founding and growth of EP Wealth Advisors.
November 26, 2012
Brian Parker was quoted in Juliette Fairley’s article Active ETFs Still Stuggling to Find Their Way in which she discusses the adoption of actively managed ETFs by financial advisors. Brian’s perspective is that they are still in their infancy and that as more choices become available, EP Wealth may consider them for client portfolios.
November 13, 2012
Derek Holman was featured in “Saving Unemployed Client’s House, Portfolio,” which described how Derek worked with a client who had lost his job to ensure that he was able to keep his home and avoid depleting his savings and investment portfolio while looking for another position.
October 8, 2012
Brian Parker was interviewed by journalist Mark Koba for his article How Financial Advisers Can Balance Client Needs and Investment Strategy. Koba discusses the challenges facing advisers in managing investment portfolios while staying current on product offerings. Parker said that advisers must be on top of their game when it comes to money-making strategies. “It’s knowing how to balance the different types of portfolios that’s important.”
September 5, 2012
In her article Social Security Beat: Don’t Forget the Spouse, Karen DeMasters discusses the importance of considering the spouse in decisions to take Social Security benefits. Brian Parker, interviewed for the article, says it’s a common mistake to not look at the life expectancy of the spouse, who may be dependent on the benefits for many years. Rather than maximizing income early in retirement, “maybe Social Security should be looked at as old age insurance as we continue to live longer.”
In AdvisorOne’s 2012 Top Wealth Manager Rankings, EP Wealth Advisors, Inc. was listed in the top 100 nationwide as measured by total assets.
Aug. 16, 2012
Derek Holman was quoted in Ross Kerber’s article, Meet the Ryans: scattered fund investors like the rest of us. According to Holman, it’s easy for even wealthy families to end up with “a patchwork of investments that is not a strategy.”
In his article, Pearls of Wisdom, veteran industry journalist Ben Mattlin looks at the core beliefs that are common among successful advisors. Brian Parker, who was interviewed for the story, says, “Be available.” Advisors need to be likable and build relationships. “I get to know my clients on a deeper level.” Most, he says, “stay engaged through market cycles because we have a friendship and they know I care about them as people.”
EP Wealth was once again included on Financial Advisor magazine Top RIA Ranking.
July 10, 2012
On WLTP radio, Brian Parker was interviewed about the economic crisis in Europe.
July 3, 2012
Brian Parker speaks about the importance of considering the possibility of having to deal with Alzheimers disease when doing long-term financial planning.
June 20, 2012
Brian Parker was interviewed on KCMN radio about the Eurozone crisis and what it means for investors.
May 22, 2012
In “8 Ways to Meet Your Clients’ Family Members,” journalist Nicole Coulter discusses the importance of advisors communicating with clients’ children to ensure that they understand the level of trust that their parents have with their advisor. Brian Parker, who was interviewed for the story, says meeting the next generation prior to death is important on many levels. “One of the most important goals clients have is to make sure their children will be ok. A joint meeting is important to give our clients the peace of mind that when they have passed on that their children know where to turn and what to expect. It also lets the children hear why their parent has chosen our firm and show the confidence they have in us.”
May 1, 2012
Brian Parker was interviewed by Ann Marsh for her cover story, Real Estate’s Rehabilitation, in which she discusses whether the time is right for advisors to be encouraging clients back into real estate.
April 17, 2012
In the article, Don’t Need Your RMD? Ideas for the Cash, Derek Holman is quoted on the benefit of giving your required minimum distributions from your IRA as a gift or to charities if you don’t need the money to meet your retirement expenses.
Derek Holman was quoted in How to Advise the Entrepreneur, which addresses the importance of advisors being able to address the specific needs of business owners. According to Holman, it’s important to set expectations up front. “We want to show them our process when it comes to investments and making larger business decisions…trust is fragile and it’s earned and it can be broken pretty quickly.”
Mar. 27, 2012
Kevin Ashworth was quoted in As Hunger for Apple Grows, Pros Say to Keep Track of Portion Size, for his perspective on the need to maintain balance in a portfolio.
Mar. 12, 2012
In Fidelity follows Schwab’s lead on hybrid advisors — and four other items of RIA interest, reporter Lisa Shidler reports that Bennett Gross, CFA, recently joined growth-oriented EP Wealth Advisors as an investment strategist.
Feb. 17, 2012
The announcement that Bennett Gross had joined EPWA was included in the PWInsider column.
Feb. 16, 2012
Brian Parker was quoted by journalist John McCrank in his article, Your Practice: Preparing for Alzheimer’s, about the importance for advisors of recognizing the early symptoms of dementia or Alzheimer’s and taking the necessary steps to ensure that clients are protected.
Feb. 15, 2012
In New Hire Roundup, in this industry publication, the announcements of Patrick Goshtigian and Bennett Gross joining the firm were cited.
Feb. 14, 2012
In her article, RIA EP Wealth Lands New Investment Strategist, Donna Mitchell writes about Bennett Gross joining the firm.
News Release, Feb. 14, 2012
– Bennett Gross, CFA, Joins EP Wealth Advisors
Feb. 10, 2012
In EP Wealth Advisors, a Los Angeles RIA, Names New President, Derek Holman was quoted regarding why EPWA hired Patrick Goshtigian to be President: “He will utilize his extensive management and industry experience to streamline operations, institutionalize the business and enhance the client experience.”
Feb. 10, 2012
In Looking For a Second Growth Spurt, a Billion-Dollar-Plus RIA Hires Away a Nuveen Global Ops Man, journalist Dina Hampton discusses why Patrick Goshtigian joined EP Wealth Advisors as President and the firm’s plans for growth.
News Release, Feb. 9, 2012
– Nuveen Executive Joins EP Wealth Advisors as President, Patrick Goshtigian Guides New Growth Strategy for Fee-based
Feb. 3, 2012
In Clients With Alzheimer’s Pose “Scary” Risks, journalist Andrew Osterland addresses the need for advisors to talk with clients about dementia and the impact it can have on their financial circumstances. Brian Parker was interviewed for the article while at the TD Ameritrade national conference where he was a panelist in a session awith your clients,” said Parker. “It gives you a chance to talk about future risks.”
Nov. 7, 2011
Derek Holman participated in a panel for financial advisors at the Schwab IMPACT conference on the subject of pitfalls they should avoid when selling their practice. He is quoted in the article, RIAs reveal their M&A war stories with 200 Schwab IMPACT attendees, in this industry publication.