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.
EP Wealth Advisors' Regional Director Lynn Ballou, CFP® was recently quoted by CNBC. "Tax Planning is more about whittling over time than grand gestures at the last minute," Lynn said to CNBC's Kelli Grant in an article looking at tax planning while you're still in the tax zone.
In '10 Tips for Women Investors' with GoBankingRates.com, EP Wealth Advisors' Regional Director Marilyn Plum shares her insight on how you can create and stick with an investment plan.
“This disruption has already been occurring,” Holman said. “Ten to 15 years ago, the RIAs and the independent channels were a small part of the business and as we’ve gained momentum we’ve brought down costs and more people have sought out unbiased advice. The industry has known for a long time that, ultimately, things had to change.”
In Barron's annual list of top ranked advisors, EP Wealth Advisors' Co-founder and Managing Director Brian Parker earned the #80 ranking, up from #86 the year prior.
In Ballou Plum Joins EP Wealth Advisors. EP Wealth Advisors, an independent financial planning and investment management firm based in Southern California that manages approximately $2 billion for clients nationwide, today announced a merger with Ballou Plum Wealth Advisors, a boutique financial advisory practice in the San Francisco Bay area that advises on more than $300 million in client assets. M&A veteran David Selig of Advice Dynamics Partners advised the parties in this transaction.
EP Wealth Advisors announced the establishment of their Irvine office on September 28 to better serve their growing client base in Orange County in EP Wealth Advisors Opens Irvine Office. The Los Angeles-based firm, which has experienced rapid growth since its inception in 2004 and now manages or advises nearly $2 billion in client assets, serves clients in both California and Colorado. With the addition of advisors and an increase in clients in the Orange County area, the firm decided that the time was right for a local presence.
In RIA Leaders 2016, journalist Ann Marsh writes that the firms on Financial Planning’s 5th annual list of the country’s top RIAs are meeting the challenges of rapid regulatory and technological change, while resisting the many temptations that can compromise their work as fiduciaries and undermine their independence. And it’s hard, especially for firms farther down the list, to fend off aggregators, roll-up firms and a rising tide of robo advisors, all of whom are vying for some of the same clients. EP Wealth is listed at No. 54 of 150 firms who made the cut.
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.”
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.”
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.
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.”
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.”
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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