EP Wealth Advisors Announces Acquisition of Dallas-Based Sloan Investment Management, LLC
2024年7月2日 - 12:00AM
ビジネスワイヤ(英語)
Deal builds on EP presence in region; Veteran
team provides personalized approach to financial planning
EP Wealth Advisors, LLC (“EP Wealth”), a leading
independent registered investment adviser (“RIA”) with an expanding
national presence and client base, announces the acquisition of
Sloan Investment Management, LLC (“Sloan”). This partnership adds
approximately $700 million in assets under management (“AUM”),
bringing EP Wealth’s total AUM in the Dallas region to over $1
billion, and $25.2 billion nationwide.
Based in Dallas, TX, Sloan has helped a growing client base
toward their financial goals through a customized financial
planning strategy, including investment strategies and a focus on
the long-term health of the portfolio. Led by Managing Partner
Frank Sloan, the firm prioritizes a client-first service model and
boasts a deep understanding of local market dynamics, making it a
trusted RIA within the Dallas market.
Frank Sloan will assume the role of Regional Director, Partner
at EP Wealth and will be joined by Casey Conway and James Henry as
Partners/Senior Vice Presidents and Shannen Smith as Vice
President. In addition, the support staff of the Sloan team will
all be remaining in place.
"EP Wealth partners with firms that share our commitment to
delivering an excellent experience to clients, fostering an
environment for our employees to build a career and embracing an
entrepreneurial spirit that never rests on our laurels,” said Ryan
Parker, CEO of EP Wealth. “As we have gotten to know Frank and his
team, we are confident that they embody these elements of our
culture and are excited to welcome them to our growing, nationwide
firm.”
"Partnering with EP Wealth gives us access to significant
additional resources to evolve the way we serve our clients,
providing both a more robust client experience and growth
opportunities,” said Sloan. “We remain dedicated to delivering
personalized, high-quality financial advice, which closely aligns
our goals with EP’s. We are confident that this partnership will
enable us to serve our clients in more innovative ways."
The partnership with Sloan demonstrates EP Wealth’s commitment
to strategic M&A growth paired with strong organic results, all
while remaining focused on delivering exceptional client
service.
“Sloan’s success stems from its dedication to providing
exceptional client service and high-quality solutions – both from a
planning and investment perspective. Sloan is an excellent fit for
EP Wealth, and it is exciting to see EP expand its footprint in the
Dallas market because of this new partnership,” said Nick Trepp,
Principal at Wealth Partners Capital Group (“WPCG”).
The Sloan acquisition is the third for EP Wealth in 2024 and its
32nd since taking a minority investment from WPCG in July 2017.
Financial and legal terms of the deal will not be disclosed.
About EP Wealth Advisors
EP Wealth Advisors, LLC (“EP Wealth”) is a fee-only registered
investment adviser and financial planning firm with more than 35
offices in 12 states. The firm manages more than $23.6 billion in
assets as of April 30, 2024. EP Wealth provides client-centric
financial, tax and estate planning, and investment management
services to individuals and businesses. Headquartered in Torrance,
California, EP Wealth is led by CEO Ryan Parker, along with
Co-Founders and Managing Directors Derek Holman, CFP®, AIF®, and
Brian Parker, CFP®, and Executive Chair Patrick Goshtigian, CFA. It
is backed by Berkshire Partners, a leading private investment firm
in Boston. In 2024, EP Wealth celebrates its 25th anniversary
serving families across the country and helping them reach their
financial goals. For more information, please visit
www.epwealth.com.
About Wealth Partners Capital Group
Wealth Partners Capital Group (“WPCG”) is a financial services
holding company, which invests in and partners with select leading
wealth management firms. WPCG assists its partner firms by
identifying and integrating like-minded wealth advisers who seek
access to expanded business capabilities, strategic growth and/or
customized transition solutions. For more information, please visit
www.wealthpcg.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701433637/en/
Media Contact Alex Ortiz Gregory FCA for EP Wealth
EP@GregoryFCA.com