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Deals Of The Day: The Latest In Wealth Management M&A – EP Wealth Advisors, Better Money Decisions
Editorial Staff
27 August 2025
EP Wealth Advisors The partnership brings approximately $370 million in assets under management and adds to EP Wealth’s presence in the Southwest. EP Wealth Advisors manages a total of more than $36.4 billion in assets , and has operated for more than 25 years.
EP Wealth Advisors, an RIA, has partnered with Santa Fe, New Mexico-based Better Money Decisions – a firm founded in 2015.
The financial and legal terms of the transaction were not disclosed.
As part of the change, BMD managing partner Lea Ann Knight will join EP Wealth as a regional director and partner, along with a team of four wealth advisors and one office services associate. BMD managing partner, Lorraine Ell, will retire as part of this partnership, EP Wealth Advisors said.
"After more than 40 years in financial services, it’s the right time for me to step away," Ell said. "What matters most is that our clients and team are in good hands – and with EP, I’m confident they are."
This is EP Wealth’s eighth strategic partnership of 2025.