M and A
Deals Of The Day: The Latest In Wealth Management M&A – EP Wealth Advisors, BMM
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The latest mergers, acquisitions and other corporate actions in the wealth management sector.
EP Wealth Advisors, BMM
EP Wealth
Advisors, an RIA, is strategically partnering with
Buffington Mohr McNeal, another registered investment advisor.
The latter firm is based in Boise, Idaho.
This new partnership will strengthen EP Wealth Advisors’ presence in the Intermountain West, adding nearly $900 million in assets under management. As at the end of March, EP Wealth managed more than $32.6 billion in AuM, operating in 53 offices in 18 states.
BMM was founded by Dean Buffington, Bruce Mohr and Carey McNeal in 1998.
In its statement, EP Wealth Advisors said that 11 BMM employees, including co-founders McNeal and Mohr, will join the firm. (Dean Buffington passed away in 2020.)
BMM is EP Wealth’s sixth partnership of 2025. Hue Partners served as the exclusive financial advisor to BMM.
Financial and legal terms of the transaction were not disclosed.
EP Wealth Advisors is headquartered in Torrance, California.
