TORRANCE, Calif.--(BUSINESS WIRE)--EP Wealth Advisors, LLC (“EP Wealth”), a leading independent registered investment adviser (“RIA”) on a mission to provide clients with personalized advice through integrated financial planning, investment management, and tax and estate planning, has acquired Coulston Financial Services. This acquisition expands EP Wealth’s growing presence in California’s Bay Area.
Coulston Financial Services provides comprehensive investment management services for its high-net-worth clients. Founder Cliff Coulston will join EP as Senior Wealth Advisor and Missy Westbrook will come onboard as a Consultant.
“The Coulston Financial Services team is regarded for its dedication to client service and fostering a strong client experience, providing its clients with thoughtful investment strategies that align with their financial goals,” said Patrick Goshtigian, CFA, CEO of EP Wealth. “These values are core to EP Wealth as well, and we are excited to integrate Cliff and Missy into our larger team.”
“As we look to the future, our goal is to reinforce our commitment to clients, providing them with superior services, backed by a strong company culture and talented group of professionals,” added Coulston. “We are thrilled to offer our clients the opportunity and resources that EP provides.”
This acquisition marks EP Wealth’s 23rd transaction in a five-year period of strategic growth for the firm. Since taking a minority investment from Wealth Partners Capital Group in July 2017, EP Wealth has partnered with firms in California, Washington, Colorado, Arizona, Illinois, Texas and Utah. Earlier this year, the firm announced its acquisition of Klein Financial Advisors, further expanding its presence in southern California to the Newport Beach area. EP Wealth is focused on not only growing geographically, but bolstering its client services and expansive talent and expertise with further acquisitions throughout 2022 and beyond.
The acquisition of Coulston Financial Advisors closed on April 22, 2022, and will increase EP Wealth’s assets under management by $75 million. 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 based in Torrance, California, with additional offices in Los Angeles, Orange County, the San Francisco Bay Area and San Diego, California; Portland, Oregon; Seattle, Puget Sound and Vancouver, Washington; Phoenix, Arizona; Denver, Colorado; Salt Lake City and St. George, Utah; Dallas, Texas; and Chicago, Illinois. The firm manages more than $15 billion in AUM as of Dec. 31, 2021, 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®, as well as President Ryan Parker and CEO Patrick Goshtigian, CFA. 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 has partnered with EP Wealth Advisors (“EP Wealth”). WPCG assists EP Wealth by identifying and integrating like-minded registered investment advisers who are seeking access to expanded business capabilities, strategic growth and customized transition solutions. For more information, please visit www.wealthpcg.com.
