The latest moves and appointments in wealth management in the Americas.
EP Wealth Advisors, Parker Advisory Group
California-headquartered EP Wealth Advisors, a registered investment advisor, is expanding its Southern Utah office through the acquisition of Parker Advisory Group.
Based in St George, Utah, Parker Advisory Group has provided financial planning and investment advisory services to clients primarily in the Utah and Nevada regions for more than 14 years. PAG's founder and principal, Chad Parker, who will join the St George office as senior vice president, will tap into EP’s services, adding enhanced compliance and boosting their estate and trust planning services. Client relationship associate Mandie Yates of Parker Advisory Group will also be joining the EP team.
The deal adds $188 million in assets under management, bringing EP’s latest assets under management to over $21.4 billion.
The Parker Advisory Group partnership is the first acquisition for EP Wealth in 2024 and its 30th in total since taking a minority investment from Wealth Partners Capital Group in July 2017.