{"id":519332,"date":"2026-07-01T03:50:16","date_gmt":"2026-07-01T03:50:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/519332\/"},"modified":"2026-07-01T03:50:16","modified_gmt":"2026-07-01T03:50:16","slug":"ep-wealth-acquires-900m-opes-wealth-management","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/519332\/","title":{"rendered":"EP Wealth Acquires $900M Opes Wealth Management"},"content":{"rendered":"

EP Wealth, an acquisitive registered investment advisor<\/a> based in Torrance, Calif., has acquired Opes Wealth Management, a Menlo Park, Calif.-based firm with over $900 million in assets under management.\u00a0<\/p>\n

This represents EP\u2019s fifth deal of 2026, bringing its total Bay Area presence to about $6 billion in assets.\u00a0<\/p>\n

Opes was founded in 2005 as Opes Advisors to bring together real estate and wealth management expertise under a single firm. Mark Duvall was one of the founders. Flagstar Bancorp acquired that entity in 2017. Duvall then registered Opes Wealth Management and now runs the firm, alongside Erin Whalen, who also came out of Opes Advisors.\u00a0<\/p>\n

The firm\u2019s eight team members will join EP Wealth, with Duvall and Whalen serving as regional directors.\u00a0<\/p>\n

Kyle Miller, chief M&A partnership officer at EP Wealth, said his firm was impressed with the quality of the Opes team, its planning-first approach, and track record of organic growth.\u00a0<\/p>\n

Related:After Venezuela Earthquakes, Miami-based RIA Moves to Help Clients, Staff<\/a><\/p>\n

\u201cThe depth of what they\u2019re doing both in terms of with executives in the technology sector and with individuals who have significant real estate exposure on their personal balance sheet\u2014which, as you know, that geography is significant\u2014is really unique, and we think it\u2019ll be additive to what we\u2019re doing at EP,\u201d Miller said.\u00a0<\/p>\n

Opes was looking for a platform to help them grow, and EP can provide them with family office services and planning capabilities. The RIA has some 45 professionals doing nothing but planning.\u00a0<\/p>\n

\u201cThe demand for EP\u2019s family office suite of services is at an all-time high,\u201d Miller said. \u201cThe amount of folks looking for what EP\u2019s already built out\u2014integrated, in-house tax, trust, planning and estate at scale\u2014is incredible.\u201d<\/p>\n

Terms of the deal were not disclosed. Alaris Acquisitions advised Opes on the transaction.\u00a0<\/p>\n

This follows last week\u2019s news that EP Wealth launched a cash-based incentive program for non-shareholder employees. The Shared Prosperity Program is meant to align economic incentives with all employees who aren\u2019t current or prospective shareholders today.\u00a0<\/p>\n

\u201cWe want to make sure that everyone who\u2019s benefiting the client experience is also benefiting from the growth of EP,\u201d Miller said.\u00a0 \u201cWe wanted to provide an additional economic incentive for the next iteration of EP\u2019s growth.\u201d<\/p>\n

Those employees will now participate in the upside of the firm\u2019s share price through a cash payout tied to a percentage of their current salary and based on future growth.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"EP Wealth, an acquisitive registered investment advisor based in Torrance, Calif., has acquired Opes Wealth Management, a Menlo…\n","protected":false},"author":2,"featured_media":519333,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,268,85,46,266,267],"class_list":["post-519332","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-il","tag-israel","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/519332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=519332"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/519332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/519333"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=519332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=519332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=519332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}