EP Wealth Advisors Acquires Maine, Texas RIAs with $240M in AUM

Torrance, CA-based EP Wealth Advisors announced the acquisition of two RIAs, one in Maine and one in Texas, which add over $240M to EP Wealth’s $28.9B total AUM as of September 30.

The Gather Financial Planning is led by co-founders Michael Goldman and Abby Morton and composed of a five-person team with offices in Bangor and Falmouth, ME. Goldman and Morton are accompanied by wealth advisor Betsy Williams, client relationship associate Jennifer Smith, and office services associate Leslie Blackman Poulin.

Riley Private Client in Graham, TX, joins EP Wealth’s North Texas network, which the firm said now manages over $1.2B in assets. The Riley team is led by Vice President and advisor Doug Jones and includes client relationship associate Susan Smith. Their addition was initiated by EP Wealth’s Dallas Regional Director Frank Sloan, whose Texan RIA Sloan Investment Management was acquired by EP Wealth in July, as reported by Dakota.

Following the transactions, EP Wealth said it has closed seven acquisitions to date in 2024.

Source: https://www.businesswire.com/news/home/20241104901212/en/