Evercore Wealth Management, a unit of Evercore Partners, has agreed to acquire Mt. Eden Investment Advisors.

Though the financial terms of the deal have not been announced, the sale to Evercore is expected to close in fourth quarter.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The three new partners that have been named are: Keith Williams, Mt. Eden’s founder, CEO and chief investment officer; Tim Barrett, a Mt. Eden founding principal; and Michael O’Brien, a Mt. Eden senior portfolio manager.

 

$645m client assets

With the three new partners, Evercore Wealth Management will have seven partners serving HNWI, families, and related institutions along the West Coast; and a total of 25 partners across the US.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

As of 30 September 2012, Mt. Eden Investment Advisors has reported US$645 million in client assets.

Jeff Maurer, CEO of Evercore Wealth Management, said: "The expansion of our West Coast presence is an exciting step in our continued growth as a national firm. Our new colleagues, who average more than 20 years of experience, share our conviction that private clients are best served by independent advice and an investment approach that is free from conflicts of interest."