EP Wealth Advisors is expanding its presence in Silicon Valley. On Tuesday, the company said it acquired Opes Wealth Management, a Menlo Park, Calif.-based firm with more than $900 million in assets under management.
The transaction is EP Wealth's fifth M&A deal this year. EP Wealth didn't disclose terms of deal.
Opes, founded in 2005, has expertise in real estate and wealth management. Its eight-person team specializes in serving clients who work in the technology sector, according to EP Wealth. Opes founder Mark Duvall and co-president Erin Whalen will serve as regional directors at EP Wealth.
"From the beginning, Opes has been built around the belief that clients are best served through integrated advice," says Duvall. "As we considered the next chapter for our firm, it was important to find a partner that shared that philosophy and commitment to putting clients first.."
EP Wealth says Opes gives it another location in Northern California where it has had a presence since 2013. The deal will also provide Opes employees with additional career opportunities, according to the company.
"Opes has built an outstanding reputation by helping clients navigate complex financial decisions with thoughtful, integrated advice," says Ryan Parker, CEO of EP Wealth.
Torrance, Calif.-based EP Wealth has been expanding through acquisitions, and now has 67 offices in 23 states. It manages more than $44.1 billion in assets as of March 31. The firm ranks No. 13 on Barron's Top 100 RIA Firms ranking for 2025.
Write to Andrew Welsch at andrew.welsch@barrons.com
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June 30, 2026 14:28 ET (18:28 GMT)
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