EP Wealth Advisors, a California-based investment management firm, has acquired Colorado-based peer Rampart Wealth Advisors for an undisclosed sum.
Based in Greenwood Village, Rampart offers wealth management and financial planning services. The company, created through a merger between David Heinz and Nicholas Hatfield, manages $118m in assets.
Heinz will now join EP Wealth as vice-president, while Hatfield will assume the role of wealth adviser at EP Wealth.
“We took great care in making this decision to partner with EP Wealth, as our focus has always been on providing our clients with the highest-quality experience. EP Wealth mirrors our culture and commitment to clients, and through this combination, we are able to establish a long-term legacy and continue to provide clients with the best possible financial advice,” Heinz said.
The transaction represents EP Wealth’s fourth acquisition so far this year. Other acquisitions include Caves & Associates, Donnelly Wealth Advisors, and Millie Capital Management. All these companies are based in California.
EP Wealth president and CEO Patrick Goshtigian said: “EP Wealth is focussed on pursuing partnerships that will allow us to expand our capabilities and resources to improve the client experience, and we are excited to bring Rampart’s talent to our Denver office.
“Our partnership with Rampart gives us the opportunity to help more clients in the Denver area, and we’re looking forward to doing so with a firm that aligns with our client-centric philosophy.”
In addition to its Torrance base, EP Wealth also has offices in the San Francisco Bay area, San Diego, West Los Angeles, Irvine, and Seattle.