Recognition reflects firm’s growth due to dedicated M&A strategy and commitment to expanding resources and expertise
September 09, 2019
TORRANCE, Calif.--(BUSINESS WIRE)--EP Wealth Advisors, LLC (“EP Wealth”), a leading registered investment adviser specializing in client-centric financial planning and investment management services, has been recognized on the 2019 Inc. 5000 list of the fastest-growing private companies in America.
The annual Inc. 5000 list highlights privately held companies that are experiencing sustained growth. In July 2017, EP Wealth unveiled its acquisition strategy to align with like-minded registered investment advisers. Since then, the firm has completed seven acquisitions, expanding its presence in San Francisco, San Diego, Denver and Los Angeles and adding offices in Seattle and Phoenix. The firm employs over 100 people across 11 office locations and manages more than $5.29 billion in AUM as of June 30, 2019.
“Our team is committed to strategic and thoughtful growth, and we take great pride in the progress we’ve made toward this goal as we continue to expand capabilities, deepen trust with clients and increase our industry reputation,” said Patrick Goshtigian, CFA, President and CEO of EP Wealth. “It is rewarding to be recognized among the nation’s top privately held companies as a result of these efforts.”
In addition to growth via acquisition, EP Wealth has committed to expanding its in-house resources and expertise across the firm. Most recently, the firm introduced two new roles to support its expanded workforce, appointing firm veteran Sherryl Ray as Director of Employee Enrichment and adding Steven Beals as Chief Administrative Officer. Ray will work with business leaders throughout EP Wealth to facilitate programs for employee engagement, learning and development, succession planning, talent acquisition and company culture. She was the first employee to join EP Wealth co-founders and Managing Directors Derek Holman, CFP®, AIF®, and Brian Parker, CFP®, in 2003 and became a partner in the firm in February 2019. Beals brings over 20 years of experience in client services and operations and will support partner growth, analyze business trends, scale EP Wealth’s operations procedures and develop business intelligence solutions.
Goshtigian added: “As we continue to grow, we recognize the need to expand our team to meet the evolving demands of a growing company. Sherryl and Steven share our corporate vision and mirror our philosophy of inspiring our team and supporting a service-oriented company culture. We invest in our business to ensure our team has the resources they need.”
About EP Wealth Advisors
EP Wealth Advisors, LLC (“EP Wealth”) is a fee-only registered investment adviser and financial planning firm based in Torrance, Calif., with additional offices in the San Francisco Bay area, San Diego, West Los Angeles and Irvine, Calif., Seattle, Phoenix and Denver. The firm manages more than $5.29 billion in AUM as of June 30, 2019, and provides client-centric financial planning and investment management services to individuals and businesses. EP Wealth is led by co-founders and Managing Directors Derek Holman, CFP®, AIF®, and Brian Parker, CFP®, and President and CEO Patrick Goshtigian, CFA®. For more information, please visit www.epwealth.com.
The 2019 Inc. 5000: The Most Successful Companies in America ranking is based on information that was submitted and self-reported by EP Wealth Advisors, LLC via a questionnaire. Companies on the 2019 Inc. 5000 are ranked according to percentage revenue growth from 2015 to 2018. To qualify, companies must have submitted their self-reported questionnaire and been founded and generating revenue by March 31, 2015. They must be U.S.-based, privately held, for-profit and independent--not subsidiaries or divisions of other companies--as of December 31, 2018. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. This ranking is not comprehensive of all advisory firms and subscription fees or any form of payment by EP Wealth Advisors, LLC to Inc. was not required in order to gain consideration. The third-party ranking displayed should not be construed as an endorsement of the advisor by any client nor is it representative of any one client’s evaluation or opinion of the advisor. Third-party rankings are no guarantee of future investment success. Working with a highly ranked adviser does not ensure that you will experience a higher level of performance.
Gregory FCA for EP Wealth
The EP Wealth Advisors financial planning process starts with the relationship between you and your financial advisor. How do you value a financial coach? Developing a partnership that ensures we understand your goals lets us help you prioritize and organize your financial decisions—so you can achieve peace of mind and live your life.
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