TORRANCE, Calif.--(BUSINESS WIRE)--Continuing its mission to provide clients with superior service through a growing roster of top advisors with best-in-class services and offerings, EP Wealth Advisors, LLC (“EP Wealth”), a leading independent registered investment adviser (“RIA”), has promoted Chief Growth Officer Ryan Parker to President and hired veteran industry leader Alan Berkshire as General Counsel. The announcement was made by Patrick Goshtigian, who will continue to lead the firm as Chief Executive Officer in partnership with co-founders and Managing Directors Brian Parker and Derek Holman.
“To accelerate and sustain our ongoing growth, we have been thoughtful in how we are structured to be successful today and in the future,” said Goshtigian. “Both Ryan, in his current role, and Alan as a consultant, have been instrumental in the evolution of our strategic planning and execution of key initiatives. In their new positions, they will help ensure that we are delivering an outstanding experience for clients and enabling our employees’ success.”
EP Wealth has continued to carry out its growth strategy in 2022, as the company has acquired 22 firms in the past five years, with plans for additional partnerships through the balance of this year and beyond.
Parker, who joined EP Wealth in mid-2021, will lead the company’s Advisor community - including Regional Directors - and growing capabilities across Investments, Portfolio Strategy, Marketing, Wealth Advisory and Wealth Management Services. Parker joined EP Wealth with 25 years of industry experience, including serving as President and CEO of Wealth Management for Citizens and CEO of Edelman Financial Services.
“I’m both honored and excited to take on this expanded role to help bring the vision, mission and strategy we’ve clearly aligned on as a group to life,” said Parker. “Patrick, Derek and Brian have built an extraordinary company of talented people who focus on what is most important - our clients. Along with Alan and our other leaders, we are taking specific steps to design for the future, while remaining focused on delivering an outstanding experience for every client and employee each day.”
Berkshire, who has served in an advisory capacity for EP Wealth over the past year, joins in the new role of General Counsel. He will evolve and build out the Legal, Compliance, Risk Management and Program Management functions to support current operations and future growth. His deep and diverse executive experience in wealth and asset management includes most recently serving as Global Chief Operating Officer, Investments for Columbia Threadneedle Investments, where he led multiple functions for an organization that managed over $400 billion in equity, fixed income, alternative and asset allocation investment strategies.
“Working with the EP Wealth team, I was consistently impressed by their commitment to clients and dedication to maintaining the highest standards while growing both organically and through M&A,” said Berkshire. “Patrick, Derek, Brian, and Ryan have the vision and focus to be the best, and I’m thrilled to take on this new role as part of the outstanding firm.”
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, Utah, Dallas, Texas and Chicago, Illinois. The firm manages more than $15.1 billion in AUM as of December 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®, Brian Parker, CFP®, CEO Patrick Goshtigian, CFA® and President Ryan Parker. For more information, please visit www.epwealth.com.
