EP Wealth Advisors Expands Southwest Footprint with LongView Asset Management Acquisition

Introduction

In a significant partnership within the financial advisory landscape, EP Wealth Advisors has successfully acquired LongView Asset Management, marking an important milestone in the ongoing expansion efforts of the firm in the Southwestern United States. With a focus on advancing personalized wealth management solutions, this acquisition enhances EP’s operational footprint and adds to its extensive service capabilities.

Deal Summary

EP Wealth Advisors, based in Pomona, California, recently announced its acquisition of LongView Asset Management, a respected financial planning and investment management firm located in Phoenix, Arizona. This strategic decision aims to bolster EP’s presence in Arizona and the broader Southwestern U.S. market. LongView, known for its commitment to fiduciary financial services and tailored investment strategies, was founded by Michael A. Hennessey, who brings significant expertise to the arrangement.

Michael Hennessey and his team will remain with the firm, continuing to operate under the LongView brand. This continuity is underscored by the shared values of EP and LongView, particularly their joint commitment to exceptional client service. Derek Holman, CEO of EP Wealth Advisors, highlighted the alignment in philosophies and expressed excitement in integrating LongView’s expertise into EP’s expanding operations.

With this acquisition, EP Wealth Advisors has further enhanced its asset management credentials, now overseeing more than $6 billion in assets across its diversified operations, including locations in California and throughout the Southwest.

Buyer Profile

EP Wealth Advisors was established in 2012 and has rapidly emerged as a leader among Registered Investment Advisors in the United States. The firm specializes in comprehensive wealth management services that emphasize personalized financial planning, investment management, and a commitment to fiduciary responsibility. Its strategic focus lies in forging partnerships with advisory firms that share its dedication to client-centric solutions.

In addition to the LongView acquisition, EP Wealth Advisors has made several notable acquisitions in the previous six months, including:

• Acquisition of Smith Financial Group: This acquisition expanded EP’s capabilities by integrating Smith Financial’s expertise in estate planning and tax strategy.
• Partnership with Horizon Wealth Management: This collaboration introduced new avenues for investment strategies and broadened the client base.
• Purchase of Peak Financial Strategies: By acquiring Peak, EP Wealth Advisors enhanced its retirement planning services, appealing to a growing demographic of aging clients.

Conclusion

EP Wealth Advisors’ acquisition of LongView Asset Management signals a strategic effort to strengthen its service offerings and market presence in the competitive financial advisory landscape. As EP continues to scale, investors should take note of the potential benefits that arise from such strategic expansions, including enhanced resources and improved client service capabilities.