Bringing you live news and features since 2006 

EP Wealth Advisors acquires Guidant Wealth Advisors

RELATED TOPICS​

EP Wealth Advisors (EP Wealth), an independent registered investment adviser that specialises in client-centric financial planning and investment management services, has announced its acquisition of Guidant Wealth Advisors (Guidant). The acquisition extends EP Wealth’s reach to the suburbs of Chicago and expands the firm’s level of expertise with the incorporation of 10 seasoned professionals.

Guidant has made delivering independent financial advice to each client its core mission since it was founded more than 25 years ago by Frank T. Patzke, CFP. The Palatine, Illinois-based firm utilised a diligent, five-step process to determine each client’s needs and develop a comprehensive plan to address every area of their financial future. Patzke and the entire Guidant team will assume roles at EP Wealth, and look forward to the new partnership.

“EP Wealth is dedicated to partnering with firms that put their clients’ interests first,” says Patrick Goshtigian, CFA, President and CEO of EP Wealth. “Frank built Guidant on that client-centric philosophy in tandem with a deep emphasis on integrity, objectivity and professionalism. These overarching principles align perfectly with our own.”

“As we considered our future, we sought to maintain focus on the meaningful relationships and trust we have built with our clients,” says Patzke. “In order to continue to deliver our high standard of service, we recognised the need to add a robust partner who shares our philosophy. EP Wealth’s size and scale gives us the opportunity to provide the best-in-class offerings our clients need to succeed.”

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 (“WPCG”) in July 2017, EP Wealth has completed nine acquisitions in California, Washington, Colorado, Arizona and Illinois. In 2019, the firm acquired Guidant Wealth Advisors in Chicago, CPIC International in San Francisco, Personal Financial Consultants in Lafayette, California, Conlon Dart Wealth Management in Seattle and Pathlight Investors in Phoenix.

The acquisition closed 16 December, 2019, and will increase EP Wealth’s assets under management by more than USD261 million. Financial and legal terms of the deal have not been disclosed.
 

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by