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EP Wealth Advisors Acquires International Research and Asset Management
Friday 07 February 2020

7 February 2020 - California-based registered investment advisor EP Wealth Advisors, LLC has acquired Texas-based financial planning provider International Research and Asset Management, Inc. to enhance EP's investment management and strategic wealth planning expertise, the company said.
The acquisition closed Feb. 3, 2020, and will increase EP Wealth's assets under management by more than USD 394m. Financial and legal terms of the deal will not be disclosed.
The addition of International Research marks EP Wealth's expansion into Dallas and positions the firm for future growth in the region.
The acquisition marks the latest transaction in a period of strategic growth for EP Wealth. Since taking a minority investment from Wealth Partners Capital Group in July 2017, EP Wealth has completed 10 acquisitions in California, Washington, Colorado, Arizona, Illinois and Texas.
EP Wealth Advisors is an registered investment adviser that specialises in client-centric financial planning and investment management services.
Details
Date Published: 07/02/2020
Target: International Research and Asset Management, Inc
Country: USA
Sector: Banking/Financial Services
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: EP Wealth Advisors, LLC
Comment:
Terms of the deal were not disclosed

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